No-confidence motion debate on Monday

PORT OF SPAIN, Trinidad - Debate on the motion of no-confidence against Prime Minister Kamla Persad-Bissessar and the People’s Partnership Government is set for next Monday. Opposition Leader Dr Keith Rowley who filed the motion, was not prepared to comment on the view that the motion was friv...
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Paucity of Caribbean citizens in the top echelons

KINGSTON, Jamaica - Former Prime Minister P J Patterson, speaking at the launch of Ambassador Rudy Insanally's new book Multilateral Diplomacy for Small States, bemoaned the fact that people from Caribbean Community (CARICOM) countries are no longer in top posts in international organisations. ...
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Guyana preparing for SIDS conference

GEORGETOWN, Guyana, CMC – Guyana will host a multi-stakeholder consultation on Tuesday in preparation for the Third International Conference on Small Island Developing States (SIDS). Adviser to the President on Sustainable Development, Science and Technology, Navin Chandarpal, says participant...
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PetroCaribe oil agreement remains beneficial

ST. JOHN’S, Antigua, CMC – The Government of Antigua and Barbuda has announced that it will continue to benefit from the PetroCaribe agreement. According to a Government statement, at the recently concluded 9th Ministerial Meeting of PetroCaribe and the Summit of Heads Venezuelan it was...
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CAL on auto pilot

PORT OF SPAIN, Trinidad - Who’s minding the store? Yesterday, the Sunday Express reported on the millon-dollar write-off at national carrier Caribbean Airlines (CAL) in the midst of the company’s financial turbulence. Part 2 today considers whether CAL is being run in the best interest...
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$200m CAL WRITE-OFF

PORT OF SPAIN, Trinidad - State carrier Caribbean Airlines (CAL) is facing a potential write-off of approximately $200 million in losses, including $60 million lost from what executives say could amount to credit card fraud related to airline ticket purchases. More than $100 million has already had...
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A wait-and-see situation

BRIDGETOWN, Barbados - EVERYONE will wait to see what comes out of the meeting which the LIAT shareholder governments said they want to have with the Government of Trinidad and Tobago. It is a meeting that could determine the way forward for the region’s airlines which are facing challenges i...
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Revenue dip . . . But Govt spending to jump to $3.87 billion

BRIDGETOWN, Barbados - The challenges confronting the just re-elected Freundel Stuart administration are already showing up in the Estimates of Revenue and Expenditure laid in Parliament yesterday. Government is projecting that total revenue coming into state coffers for the 2013-2014 financial year...
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Extractive sector in focus at UWI conference

PORT OF SPAIN, Trinidad - The extractive sector—the mining, quarrying, dredging, oil and gas extraction industries—plays an important role in the global economic landscape, contributing significantly to the GDP of its host countries. These industries are capable of contributing to the su...
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OAS urges strengthening of transparency in political financing

BRIDGETOWN, Barbados, CMC – Secretary General of the Organization of American States (OAS), Jose Miguel Inzulsa,has called for greater equity and transparency in the systems of political financing in the Caribbean. Addressing the regional forum, “Strengthening Regulation of Political Par...
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