WASHINGTON, CMC – The International Monetary Fund (IMF) is providing Haiti with US$7.4 million after completing a review of the country’s performance under the Extended Credit Facility (ECF) earlier this month. The IMF said that the disbursement brings the total disbursements under the p...

BRIDGETOWN, Barbados - Some Bds$100 million will soon be made available to Barbados and the Eastern Caribbean through an investment project funded by the European Union, in co-operation with a number of development banks. The Caribbean Investment Facility (CIF), which is due to be launched next week...

Panama City -- When Ernesto Argüello, a Honduran civil engineer, was 12 years old, he worked for his father for a month and used all his earnings to buy a pair of fancy sneakers on a family vacation trip. He was surprised his money didn’t buy more, but his father told him that some of the...

KINGSTON, Jamaica - The Caribbean is not expected to carve out a larger piece of the travel and tourism industry over the next 10 years. The region is expected to maintain a less than two per cent share of the sector even while its contribution to GDP is projected to grow at an average annual rate o...

KINGSTON, Jamaica - GRENADA plans to commence talks with its creditors to restructure its EC$2.2- billion public debt. Rising interest payments in the face of falling revenue and a high wage bill has prompted the government to miss an interest payment due this month. It is the second time that it ha...

PORT OF SPAIN, Trinidad, CMC - The Police Service and Welfare Association will be holding candle light vigils as a form of protest against the proposed legislation to grant soldiers the power of arrest. President of the Association Anand Ramesar on Wednesday told reporters that the vigil would be he...

PORT-AU-PRINCE, Haiti -- Testimony in the high-profile case of former Haitian dictator Jean-Claude Duvalier resumed Thursday, with another alleged victim describing abuses she says were committed under his rule. Dr. Nicole Magloire told an appellate court about the broad influence wielded by the for...

CASTRIES, St. Lucia, CMC-Efforts to arrive at a settlement in the protracted wage talks between Government and the Trade Union Federation (TUF) received a further set back Wednesday when the general membership of the Civil Service Association (CSA) rejected the 4% increase with conditions proposed b...

BRIDGETOWN, Barbados - Marijuana use has reached worrying proportions and is no longer confined to boys on the block and the unemployed. The National Council for the Prevention of Alcoholism and Drug Dependency (NCPADD) and the National Council for Substance Abuse (NCSA), think the alarm bells...

ROSEAU, Dominica, CMC – The Roosevelt Skerrit government has been given a passing grade as it relates to its efforts to deal with unemployment in Dominica, but the population believes it is doing a good job in education. According to a mid-term review of the performance of the government condu...