Contraction

BRIDGETOWN, Barbados, CMC – The Central Bank of Barbados Tuesday said that the local economy contracted by 0.4 per cent in the first three months of 2013 and urged the authorities to put “back on track” the fiscal consolidation strategy as well as a new medium term adjustment strat...
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CARICOM losing faith in ‘good-neighbour’ Uncle Sam

PORT OF SPAIN, Trinidad - On the Caricom front, Trinidad and Tobago has unexpectedly been drawn into a low-level confrontation against the United States, its own major trading partner. Two areas of conflict comprise online gambling (whereby players participate in virtual casinos online), as pursued ...
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Don’t believe their lies, Myrie’s attorney tells CCJ judges

PORT OF SPAIN, Trinidad -The Government of Barbados has been accused of being involved in a "huge cover-up" after local authorities trampled on the rights of Jamaican woman Shanique Myrie. The claim was made yesterday before the Caribbean Court of Justice (CCJ) by the lawyer representing Myrie in he...
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Follow-up is essential

BRIDGETOWN, Barbados - Technocrats can do a lot more to build confidence in the ability of state institutions to facilitate an enabling environment for business, to create a greener environment for generations to come and to position Barbados to take full advantage of its CARICOM membership. Recentl...
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IMF deal does not mean business as usual - private-sector leaders

KINGSTON, Jamaica - Private-sector leaders say reports yesterday that Jamaica could have a new deal with the International Monetary Fund (IMF) by month end will have some immediate positive impact, but warned that it cannot be business as usual. With the continued devaluation of the Jamaican dollar,...
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Regional countries sign ministerial declaration

ST. JOHN’S, Antigua, CMC – Caribbean Community (CARICOM) countries are among several nations committed to a ministerial declaration and a three year action plan that aims, among other things, to create at least one biosphere reserve in each Caribbean Small Island Developing State. Antig...
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