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Don’t Depend On Tariffs - EU Ambassador

KINGSTON, Jamaica, Gleaner - HEAD OF Delegation for the European Union to Jamaica Ambassador Paola Amadei has urged Jamaicans to develop the capacity to compete around the world and not to depend on tariff barriers to make domestic industries relevant. "It is not by applying tariffs that you will develop a competitive industry or a competitive agricultural sector. It has been proven that by applying tariff and the higher the tariffs are, the worse it is for the consumers.

DOMINICA-ENVIRONMENT-Dominica seeking COTED support for energy initiatives

ROSEAU, Dominica, CMC – Dominica will use a meeting of the Caribbean Community (CARICOM) Council on Trade and Economic Development (COTED) in Trinidad and Tobago on Friday for support for its renewable energy development programme.

The Guyana-based CARICOM Secretariat said the meeting “will discuss and seek agreement on a CARICOM Energy Policy.

Antigua Economy Shows Signs Of Recovery

KINGSTON, Jamaica, Gleaner - A five-member team from the International Monetary Fund (IMF) is in Antigua and Barbuda to conduct reviews of the island's economic performance under a three-year stand-by arrangement (SBA). The team headed by Geoffrey Bannister has already held meetings with various public and private-sector representatives to discuss economic developments in Antigua. In June 2010, the IMF approved a US$117.8 million loan to support the implementation of Antigua's Fiscal Consolidation Programme.

Immigrants freed, Obama cites Navy threat as cuts loom

NEWPORT NEWS, Va., (Reuters) – President Barack Obama today warned of threats to Navy readiness and a storm broke over the government releasing hundreds of illegal immigrants due to budget pressure as automatic government spending cuts crept closer. In the latest event staged by the White House to warn of the possible damage to public services, Obama spoke at the Newport News Shipbuilding shipyard where scheduled maintenance to the aircraft carrier USS Abraham Lincoln has been delayed due to the budget crisis.

Royal Dutch Shell buys into T&T energy sector

(Trinidad Express) Europe’s largest oil company Royal Dutch Shell once more has a significant stake in Trinidad and Tobago’s energy sector. The company said yesterday it has struck a deal with Spain’s Repsol SA to buy Repsol’s liquefied natural gas assets in Trinidad and Tobago and Peru in a deal worth US$6.2 billion. Shell said it would pay $4.4 billion in cash and assume $1.8 billion in Repsol debt and other obligations.

TRINIDAD-CRIME-Pastor claims Latin American assassins operating in Trinidad and Tobago

PORT OF SPAIN, Trinidad, CMC – A pastor with the Seventh Day Adventist Church is claiming that Latin American assassins are operating in Trinidad and Tobago and called for an all out war on crime. “We have Latin American assassins in this country. We have Colombians in this society, hired by the godfathers who have the art of slicing heads and legs, training secondary school students to do the same thing in this society,” Pastor Clive Dottin said at the funeral for police sergeant Hayden Manwaring, who was shot and killed by bandits last week.

ST. LUCIA-LABOUR-PM to address nation as public workers stay home to recuperate and rest

CASTRIES, St. Lucia, CMC – Prime Minister Dr. Kenny Anthony will address the nation on Wednesday as public workers stayed away from their jobs for a second consecutive day “resting and recuperating.” The Trade Union Federation (TUF) is seeking a 9.5 per cent wage increase for the workers, including teachers, but the government has said it could only afford a four per cent salary hike for the 2010-12 triennium.

ST. VINCENT-POLITICS-Opposition Leader threatens lawsuit

KINGSTOWN, St. Vincent, CMC –Opposition Leader Arnhim Eustace says he has instructed his lawyers to demand an apology from Prime Minister Dr. Ralph Gonsalves over statements he made on a radio programme earlier this month. Eustace, speaking on radio here, said that his attorneys were also instructed to file a law suit seeking damages if Prime Minister Gonsalves, an attorney, refuses to apologise. The announcement by Eustace is the latest salvo in the ongoing controversy regarding allegations of bribery involving foreign investor Dave Ames.

JAMAICA-CRIME-National Security Minister says crime severely affecting Jamaica economy

WASHINGTON, CMC - Jamaica’s Minister of National Security, Peter Bunting, says crime has severely affected his country’s economic growth. Delivering the third lecture in the “Jamaica 50 lecture” series under the theme, “National Security in Jamaica since Independence” at the Silver Spring Civic Center, Bunting said crime has affected Jamaica’s competiveness, “as we have been falling in terms of the world economic forum competitiveness index, and it affects investor confidence”.

DOMINICA-POLITICS-PM satisfied with talks in Morocco

ROSEAU, Dominica, CMC – Prime Minister Roosevelt Skerrit says he has had an “excellent” meeting with officials in Morocco and that Dominica would benefit in the tourism and education sectors. “We had an excellent meeting in Morocco. During my meetings there, I had an opportunity to review our relationship with Morocco,” Skerrit said. Dominica established diplomatic relations with Morocco in 2010 and as part of a technical cooperation agreement; Morocco is involved in the construction of a 58 room hotel in Portsmouth, north of here.

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