PORT OF SPAIN, Trinidad - Many an insurance company fancies itself as being both an insurer (that is, a risk manager) and an investment manager of sorts. The main reason for this tendency is that they use the pre-paid portion of insurance premiums (both short-term and long-term) to invest. In some a...

WASHINGTON, CMC - The Organization of American States (OAS) has launched an exhibition of previously unseen works by Caribbean artists, titled “Groundation – Sources of Caribbean Artistry”. Hosted by the OAS Assistant Secretary General Albert Ramdin and curated by Jamaican author, ...

PORT OF SPAIN, Trinidad - AS I write this Nelson Mandela is still with us. He may even still be living at the end of this year. But this is his fourth hospitalisation in six months, and the prognosis for 94-year-old men with persistent lung infections is not good. How will South Africa do without hi...

WARWICK, England — THE British do not torture. At least, that is what we in Britain have always liked to think. But not anymore. In a historic decision last week, the British government agreed to compensate 5,228 Kenyans who were tortured and abused while detained during the Mau Mau rebellion ...

CASTRIES, St. Lucia, CMC – St. Lucia has received a grant of EC$7.5 million (One EC dollar = US$0.37 cents) from Taiwan to assist with development projects on the island. Prime Minister and Minister of Finance Kenny Anthony said the funds represented the balance from the first set of constitue...

BRIDGETOWN, Barbados—Caribbean countries are looking to China to help develop their agricultural sector and are seeking to take advantage of a US$50 million fund established by Beijing. Caribbean agriculture ministers joined their counterparts from Latin America and China for two days of talks...

KINGSTON, Jamaica - Dr Gene Leon, the International Monetary Fund (IMF) senior resident representative to Jamaica, is arguing that discussions on whether Jamaica should go the way of a fixed exchange rate is misplaced. Leon, along with economists Dr Damieon King and Dr André Haughton, who wer...

KINGSTON, Jamaica - The International Monetary Fund's (IMF) outgoing senior resident representative in Jamaica, Dr Gene Leon, has warned that whether the country can claw its way from under the mountain of debt it now faces will depend on the policies that are put in place. Leon, who was speakin...

CARREFOUR, Haiti -- The water inspectors were negotiating with an irate homeowner over her illegal hookup when a neighbor signaled he wanted to talk. “I would like to know how I can get water access,” physician Cyprien Jean-Jonas said from inside his one-room clinic. Steps from Jean-Jo...

PORT AU PRINCE, Haiti, CMC – The International Monetary Fund (IMF) says the yearly economic growth for Haiti in 2013 will be limited to 3.4 per cent and blamed a weak recovery of agricultural production for the situation. The Washington-based financial institution Wednesday said that one of i...