ST. GEORGE’S, Grenada, CMC – Caribbean governments should seek far reaching agreements with creditors when pursuing debt restructuring instead of accommodating short term measures that will eventually have to be re-negotiated before feeling the positive impact. Jurgen Kaiser, a coordinator and resea...

WASHINGTON, CMC – The Inter-American Development Bank (IDB) has signed an agreement for US$20 million for a Global Loan Program with the Caribbean Development Bank (CDB) for projects in four Organization of Eastern Caribbean States (OECS) countries. The CDB will lend the funds for the financing of ...

WASHINGTON, CMC – The Inter-American Development Bank (IDB) says it will support a US$3 million technical cooperation project to help the government of Haiti test different renewable energy solutions with the goal of expanding rural electrification. The Washington-based financial institution said H...

ST JOHN’S, Antigua – Immigration and criminal defence lawyer Fitzmore Harris said the Caribbean and other developing nations need to prepare for the impending “brain drain” that will result from the US immigration reform. “The Caribbean has to become more competitive regarding, for example, remunera...

GEORGE TOWN, Cayman Islands, CMC - As the counting of ballots from Wednesday’s General Election continues, the latest results have revealed that the opposition People’s Progressive Movement (PPM) is just one seat short of a majority required for the to form a ruling government. The PPM took four ou...

PORT OF SPAIN, Trinidad - Despite the economic hardships Caribbean countries face, it is important that regional countries work together to overcome the difficulties, said Dr Dillon Alleyne, economic affairs officer and deputy director, Economic Commission for Latin America and the Caribbean (Eclac)...

CASTRIES, St. Lucia, CMC – The Board of Governors of the Barbados-based Caribbean Development Bank (CDB) began a two-day meeting here with a warning to regional countries that while they urgently need to address their fiscal and debt issues, a narrow adjustment programme will be unsustainable....

CASTRIES, St. Lucia, May 22, CMC – The Caribbean Development Bank (CDB) Wednesday began its 43rd Board of Governors meeting here with St. Lucia’s Prime Minister Dr. Kenny Anthony calling on the international financial institutions such as the International Monetary Fund (IMF) to develop ...

BELMOPAN, Belize, CMC - The death of 12 babies at the Karl Heusner Memorial Hospital (KHMH), has been linked to the outbreak of it enterobacter cloacae – an organism that is said to be responsible for major outbreaks in Neonatal Intensive Care Units (NICU) all over the world. In a release on W...

ROSEAU, Dominica, CMC – Prime Minister Roosevelt Skerrit has called on Dominicans to embrace their African heritage. Addressing the opening ceremony of the 50th anniversary of African Liberation Day, Skerrit said he also wanted the celebrations to be part of the National calendar. “And...