HAMILTON, Bermuda, CMC - Cash-strapped Bermuda has received a fresh warning its credit rating may be downgraded as the island's debts mount in the midst of a four-year recession. International ratings agency, Moody’s Investors Service, on Wednesday placed Bermuda’s Aa2 rating on rev...

NASSAU, Bahamas, CMC – The Bahamas will host a one-day Regional Foreign Accounts Tax Compliance Act (FATCA) workshop next week as Caribbean countries seek to comply with new regulations outlined by the United States. Financial Services Minister L. Ryan Pinder said that the workshop is being f...

KINGSTON, Jamaica, CMC – Two private sector organisations are warning that the Jamaican economy is nearing crisis level amid concerns of a rapid slide in the local currency. At the end of trading on Tuesday, the US dollar was being sold at a record J$99.08. At the start of the year, the US do...

BRIDGETOWN, Barbados - An expert with respect to disaster management in the Caribbean is suggesting that Haiti is an excellent example of how a disasters can create an opportunity for enhancing coping capacity. Retired head of the Caribbean Disaster Emergency Management Agency (CDEMA), Jeremy Colly...

PORT OF SPAIN, Trinidad - Despite all the promises of the Economic Partnership Agreement (EPA) with the European Union (EU), the countries of the Caribbean have not benefited from increased exports to EU markets or from increased investment from the EU. The 15 Caribbean countries to which I refer a...

KINGSTON, Jamaica - This newspaper, as a matter of principle, welcomes this week's passage by the United Nations (UN) General Assembly of the long-awaited UN treaty on trade in arms. We would have preferred a more robust document, with specific language against the transfer of weapons to non-st...

WASHINGTON, CMC - The World Bank has outlined a “bold agenda” for ending poverty in the developing world, including the Caribbean. “We are at an auspicious moment in history when the successes of past decades and an increasingly favorable economic outlook combine to give developin...

UNITED NATIONS, CMC – Caribbean Community (CARICOM) countries were on Wednesday expressing satisfaction with the roles they played in a United Nations Arms Trade Treaty (ATT). CARICOM countries voted in favour of the treaty on Tuesday to regulate the US$70 billion global trade in small arms, ...

PORT AU PRINCE, Haiti, CMC – A growing number of people in Haiti are at risk of malnutrition after heavy rains damaged food crops last year, according to the United Nations. In its monthly bulletin, the UN mission here said that as much as 90 per cent of the food crops had been destroyed duri...

PORT OF SPAIN, Trinidad - If, as the Trinidad and Tobago Government suggests, the US authorities are snubbing it in its attempt to get information on whether National Security Minister Jack Warner is the subject of an investigation in that country, then it points to the fact that this country has re...