CARICOM stock market review 2012

KINGSTON, Jamaica - The year 2012 was a challenging one for equity investors in CARICOM. Despite solid gains on manufacturing, conglomerate and banking stocks, returns were depressed by declines on tourism, real estate, insurance, investments and retail stocks. As a result, the CSX 30, which tracks...
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EDITORIAL - There is still promise in sugar

KINGSTON, Jamaica - Ambassador Derick Heaven is a man for whom this newspaper has the utmost respect and whose grasp of the intricacies of the global sugar industry is undoubted. Importantly, he has been a champion of the cause of reforming the industry, promoting the concept of a sugar cane, rather...
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Caribbean under scrutiny as OAS reforms human rights system

ST. JOHN’S, Antigua - The United States of America has long been regarded as the land of milk and honey, by the lesser-off inhabitants of the Caribbean and of Latin America. Many people of these countries have tried every trick available to them to enter and remain in this land. Some have been...
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US protests $21m in gaming sanctions

ST JOHN’S, Antigua – The US has protested to the World Trade Organisation (WTO) against Antigua & Barbuda’s attempt to enforce its annual 21 million US dollar judgement against Washington. The judgement was awarded by the WTO, which has declared US cross-border gaming laws ille...
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Haiti welcomes 2013 with Bold Strategic Alliance with Vietnam

PORT-AU-PRINCE, Haiti, /PRNewswire/ -- The governments of Haiti and Vietnam are demonstrating that South-South cooperation can lead to the fruitful exchange of resources, technology and knowledge. A series of significant agreements signed in late December 2012 provide the framework for a novel form ...
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Prime Minister warns of economic problems for St. Lucia

CASTRIES, St. Lucia, Jan 4, CMC - Prime Minister Dr. Kenny Anthony says St. Lucia has the largest fiscal deficit in the Caribbean as he prepares to address the nation on Sunday on the economic challenges facing the island. "Where as other Caribbean states might have a fiscal deficit of seven to eigh...
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China provides multi-million dollar grant to Grenada

ST. GEORGE’S, Grenada, CMC – China is providing more than US$4.8 million to Grenada under an economic and technical agreement, a government statement has said here. It said that the accord was signed by Finance Minister Nazim Burke and China’s Ambassador to Grenada, Xu Jianguo. &ld...
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Barbados and San Marino sign Double Taxation Agreement

BRIDGETOWN, Barbados, CMC – Barbados says it has signed an Avoidance of Double Taxation agreement with the Republic of San Marino as well the Prevention of Fiscal Evasion with respect to Taxes on income. A government statement said that the agreement was signed in New York last month and form...
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Court hearing delayed for former Haitian President Aristide

PORT-AU-PRINCE, (Reuters) – Former Haitian President Jean-Bertrand Aristide yesterday won a delay until next week in a court hearing to address accusations he exploited former street children for political gain. Aristide, who did not appear in court, has not been charged with a crime and a jud...
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