CARICOM SG says global crisis impacting heavily on the region

GEORGETOWN, Guyana, CMC – Caribbean Community (CARICOM) Secretary General Irwin La Rocque Tuesday said that the global economic crisis is having a severe impact on the region resulting in stagnation or declining growth rates. Addressing representatives from international development partners ...
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Nicholls: Caribbean needs several engines

BRIDGETOWN—Caribbean countries have been warned not to lose sight of the bigger goal of economic transformation and development even as they remain pre-occupied with overall economic growth. Former deputy director of the Central Bank of T&T Dr Shelton Nicholls said Caribbean countries &ldq...
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EU clueless on Haiti ban of Dominican products, urges talks

Santo Domingo.- European Union ambassador Irene Horejs on Tuesday said Haiti and the Dominican Republic should hold "technical" talks to resolve bilateral trade disputes stoked by Port-au-Prince’s ban on several Dominican products. Although she urged both countries to live in harmony on the i...
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Volney resigns from ruling United National Congress

PORT OF SPAIN, Trinidad, CMC – Former justice minister Herbert Volney Tuesday resigned from the ruling United National Congress (UNC), less than a day after the party suffered a humiliating defeat in its stronghold of Chaguanas West in southern Trinidad. In a letter sent to the party’s ...
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Rescue plan

BRIDGETOWN, Barbados - The Barbados Private Sector Association (BPSA) has its own plan to save the Barbados economy. The first two areas on its to-do list are for Government to reduce the country’s national debt by selling off non-strategic, non-core Government assets such as Hilton Barbados t...
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Economy ‘hurt’ by exodus of non-nationals

BRIDGETOWN, Barbados - The exodus of a number of non-nationals from Barbados in recent times has affected the economy in a negative way. Mia Mottley, leader of the Opposition Barbados Labour Party stated this as she addressed a meeting of the St Vincent and Grenadines Association at the ...
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Pilots association denies members planning strike action

ST. JOHN’S, Antigua, CMC - The Leeward Islands Airline Pilots Association (LIALPA) says its members are not involved in any industrial action as the Antigua-based airline, LIAT, deals with a number of problems including flight cancellations in recent days. LIALPA said it had also taken objecti...
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Former junior minister guilty of refusing to take breathalyser test

PORT OF SPAIN, Trinidad, CMC – Former junior national security minister Collin Partap has been slapped with a TT$5,000 (One TT dollar =US$0.16 cents) fine after he was found guilty Tuesday of a charge of failing to submit himself to a breathalyser test outside a night club last year. Chief Mag...
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Government worried about unpredictable nature of gold prices

GEORGETOWN, Guyana, CMC – The Guyana government says it is monitoring the “unpredictable nature of gold prices” as the commodity was being sold on the market at US$1, 330 an ounce. Natural Resources and the Environment Minister Robert Persaud said the authorities share the anxiety...
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