HAMILTON, Bermuda, CMC -- Finance Minister Bob Richards announced on Thursday that his One Bermuda Alliance (OBA) government is to borrow up to US$800 million to cover budget deficits for the next three years. Richards told the media that borrowing for the medium term in the current low interest ra...

CASTRIES, St. Lucia, CMC-Persistent and severe deterioration in government’s fiscal position and a resultant steady increase in debt stock are among reasons which the Caribbean Information and Credit Rating Services Limited (CariCRIS) has cited for its decision to downgrade St Lucia’s cr...

SANTIAGO, Chile, CMC – The Economic Commission for Latin America and the Caribbean (ECLAC) says the container throughput in Latin American and Caribbean ports remained sluggish in 2012, confirming the slowdown in the region's foreign trade over the past year. ECLAC on Wednesday attributed...

GEORGETOWN, Guyana, CMC – Guyana is receiving more than Euro 23 million (One Euro = US$1.29 cents) from the European Union under an initiative that has so far provided nearly Euro 100 million as sector policy budget support. Finance Minister Dr. Ashni Singh and the EU’s Ambassador here,...

LONDON, CMC-Bharrat Jagdeo , the former President of Guyana has been invited to lead a high level team of experts to identify solutions for unlocking resources to enable climate-vulnerable Commonwealth countries to combat climate change. Commonwealth Secretary-General Kamalesh Sharma on Thursday ann...

KINGSTON, Jamaica - JAMAICA has been removed from the United States' State Department Trafficking in Persons Tier Two watch list, National Security Minister Peter Bunting has said. The country was last year downgraded from a Tier Two to the Tier Two watch list by the State Department's 2012...

KINGSTON, Jamaica- JAMAICA has supported a call, led by the United Nations Food and Agriculture Organisation (FAO), for the eradication of hunger and malnourishment in the world. Speaking at the 38th Session of the FAO's Conference at its headquarters in Rome, Italy on Tuesday, Minister of Agri...

ST JOHN’S, Antigua – An assessment team from the World Bank said Antigua & Barbuda is poised to become the regional leader in Open Data, but that government will have to lead the way. “This really is an all of government effort and so it requires political backing from an over...

BRIDGETOWN, Barbados - COMMISSIONER OF POLICE Darwin Dottin has taken legal action against the Attorney General (AG) and the Police Service Commission (PSC) over his forced retirement. According to sources, Dottin’s legal team, headed by Elliott Mottley, QC, yesterday filed suit in the High Co...

PORT OF SPAIN, Trinidad - Today could very well be D-Day for Integrity Commission chairman Ken Gordon. Will President Anthony Carmona ask Gordon to resign or will he revoke his appointment? Or, will Gordon resign on his own volition? The future of the embattled commission chairman remains uncertain ...