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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 of long term cooperation that will allow Haiti to address food security, one of its key challenges. The government of Haiti hopes that these agreements will enable Haiti to leapfrog development stages as it attempts to create a resilient agricultural production system.

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 eight per cent of GDP (Gross Domestic Product), we are climbing up to 10 per cent. That’s a warning sign so we have really got to ensure that we bring it under some degree of control, and resolve those differences.

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 illegal.

US says it requested no request for alternate parade route

PORT OF SPAIN, Trinidad, CMC - The United States Wednesday said it had not requested any change to the parade route for this year’s Carnival celebrations, even as it “appreciated” the Trinidad and Tobago government’s commitment to security for diplomatic missions.
Carnival celebrations will climax with the street parade on February 10-11 and in a brief statement, the US Embassy here said that it had seen “reports about a request that the 2013 Carnival Parade route not pass by the U.S. Embassy”.

Still hanging in the balance

BRIDGETOWN, Barbados - Looking back, there were several issues last year that have been left hanging in the balance that one can only hope will be addressed this year.

Opposition blanks new security plan under Rohee

GEORGETOWN, Guyana, CMC – Leader of the opposition grouping, a Partnership for National Unity (APNU), retired Brigadier David Granger says the opposition will not support a new security reform programme outlined by Home Affairs Minister Ckement Rohee earlier this week.

Region experiencing finest moments despite challenging economic problems

PORT OF SPAIN, Trinidad, CMC – The International Labour Organization (ILO) Wednesday said that new labour indicators for Latin America and the Caribbean portray a region that is experiencing its finest moment despite the crisis in other areas. “We now face the challenge of taking advantage of this platform to remedy deficits that dampen prospects for development,” said Elizabeth Tinoco, ILO Regional Director for Latin America and the Caribbean.

Public spending reduced region’s fiscal balances

PORT OF SPAIN, Trinidad - The region’s fiscal balances for 2012 deteriorated compared to 2011, mainly due to increased public spending.
This according to the Economic Commission for Latin America and Caribbean’s (Eclac) report on the region’s growth prospects for 2013.
It said in Latin America, primary balances (before interest payments on the public debt) averaged a deficit of 0.3 per cent points of gross domestic product (GDP) compared to a surplus of 0.2 per cent in 2011.

New World Bank funded project to help unemployed people

ST. JOHN’S, Antigua, CMC – The Antigua and Barbuda government says it is designing a project that offers temporary economic relief to unemployed people in the country.
Prime Minister Baldwin Spencer said that the three year project, which is being established with technical and financial assistance from the World Bank, will benefit at least 1,200 low-income unemployed people between the ages 17 and 50.

Don’t ignore the Leucaena project

KINGSTON, Jamaica - A perfect example of the shortage of vision affecting CARICOM governments is their dropping of the ball on the Leucaena project in the early 1980s. Ambassador Byron Blake, former CARICOM assistant secretary general, reminded us of that last month during a sitting of the Jamaica Observer Monday Exchange. For those who missed it, the Leucaena project was established in response to the energy crisis of the late 1970s.