United States of America
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Bipartisan legislators reach preliminary immigration deal
WASHINGTON, CMC – A bipartisan group of legislators in the United States House of Representatives say they have reached a deal in principle in overhauling America’s immigration laws. Aides said the bill in the House of Representatives is similar to one introduced in the US Senate that includes a path to the legalization of an estimated 11 million undocumented immigrants,…
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Crews Search for Survivors in Oklahoma
MOORE, Okla. — Emergency crews and volunteers continued to work through the early morning hours Tuesday in a frantic search for survivors of a huge tornado that ripped through parts of Oklahoma City and its suburbs, killing at least 91 people, 20 of them children, and flattening whatever was in its path, including a hospital and at least two schools.…
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Two foreigners jailed for using Caribbean countries to smuggle humans into US
WASHINGTON, CMC – United States law enforcement officials say two foreign nationals had been jailed in Texas for smuggling human into the United States using the Caribbean. The Department of Justice (DOJ) said Indian national Kaushik Jayantibhai Thakkar and Brazilian Fabiano Augusto Amorim were each sentenced to 36 months in jail for their roles in smuggling undocumented migrants to the…
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Major credit rating agency warns of more Caribbean debt restructurings
NEW YORK, CMC – A major international credit rating agency is warning of more Caribbean sovereign debt restructurings ahead of the Caribbean Development Bank (CDB) annual meetings in St. Lucia this week. The Wall Street-based Moody’s Investor Service said on Monday that it expects sovereign credit quality to “continue deteriorating in the region. “We see the defaults of Belize (Caa2…
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Woman indicted for conspiracy in bringing Haitians to US
MIAMI, CMC – The United States Department of Justice (DOJ) says a federal judge has unsealed a three-count indictment returned by a grand jury in the Southern District of Florida charging an American woman for her role in bringing 143 Haitian nationals to the United States on fraudulently obtained guest worker visas. The DOJ said Jetta McPhee, 59, of Tamarac,…
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Former Jamaican PM to be honoured
NEW YORK, CMC – Former Jamaican Prime Minister, P.J. Patterson will be honoured by the New York based nonprofit Children of Jamaica Outbreach (COJO) its Scholarship Luncheon and Awards this week. The group says it will also honor corporate giant J. Wray and Nephew Limited at the same event at the Spanish Court Hotel in Jamaica on Wednesday. COJO said…
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Caribbean will dominate global saving and investment says World Bank
WASHINGTON, CMC – A new World Bank report predicts that in less than a generation, the Caribbean will be among developing countries dominating global saving and investment. The World Bank’s Global Development Horizons (GDH) report says that by 2030, half the global stock of capital, totaling US$158 trillion (in 2010 dollars), will reside in the developing world, compared to less…
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US television and film star partners with CTO for Caribbean Week in New York
NEW YORK, CMC – The Barbados-based Caribbean Tourism Organization (CTO) says a leading United States television and film star has partnered as the celebrity spokesperson for its 40th celebration of Caribbean Week in New York. Perhaps best known as the “Medical Examiner, Melinda Warner” on NBC’s long-running top-rated series, “Law & Order: Special Victims Unit,” and more recently in Paramount…
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Euro Zone Economy Shrinks; Recession Returns in France
PARIS — The euro zone economy shrank more than expected in the first three months of 2013, official data showed Wednesday, marking a sixth consecutive quarter of decline as France returned to recession for the first time since 2009 and Germany marked time. The 17-nation euro zone contracted by 0.2 percent from the last three months of 2012, Eurostat, the…
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Study calls on regional governments to modernize tax system
WASHINGTON, CMC – A new study published here is urging Latin America and Caribbean governments to renew efforts to modernize their tax system. The study done by the Inter-American Development Bank (IDB) suggests that while Latin America and the Caribbean have made great strides in boosting tax collection in recent years, they need a new generation of fiscal and tax…
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