WASHINGTON, CMC – United States law enforcement officials say two foreign nationals had been jailed in Texas for smuggling human into the United States using the Caribbean. The Department of Justice (DOJ) said Indian national Kaushik Jayantibhai Thakkar and Brazilian Fabiano Augusto Amorim were each...

NEW YORK, CMC - A major international credit rating agency is warning of more Caribbean sovereign debt restructurings ahead of the Caribbean Development Bank (CDB) annual meetings in St. Lucia this week. The Wall Street-based Moody’s Investor Service said on Monday that it expects sovereign credit q...

SANTIAGO, Chile -- The U.S. Geological Survey says a magnitude-6.5 earthquake has struck off the coast of Chile. The quake was recorded at 5:49 a.m. local time (EDT; 0949 GMT) Monday, at a shallow depth of 10 kilometers (6.2 miles), some 600 kilometers (370 miles) from the city of Puerto Quellon. No...

MIAMI, CMC – The United States Department of Justice (DOJ) says a federal judge has unsealed a three-count indictment returned by a grand jury in the Southern District of Florida charging an American woman for her role in bringing 143 Haitian nationals to the United States on fraudulently obtained g...

NEW YORK, CMC – Former Jamaican Prime Minister, P.J. Patterson will be honoured by the New York based nonprofit Children of Jamaica Outbreach (COJO) its Scholarship Luncheon and Awards this week. The group says it will also honor corporate giant J. Wray and Nephew Limited at the same event at the Sp...

WASHINGTON, CMC – A new World Bank report predicts that in less than a generation, the Caribbean will be among developing countries dominating global saving and investment. The World Bank’s Global Development Horizons (GDH) report says that by 2030, half the global stock of capital, totaling US$158...

NEW YORK, CMC – The Barbados-based Caribbean Tourism Organization (CTO) says a leading United States television and film star has partnered as the celebrity spokesperson for its 40th celebration of Caribbean Week in New York. Perhaps best known as the “Medical Examiner, Melinda Warner” on NBC’s lon...

St. John’s Antigua- Over the next five years, the University of the West Indies UWI’s distance learning programme – the Open Campus – will be receiving a total of $20 million Canadian dollars from the government of Canada. The donation was announced yesterday as Canada’s Foreign Affairs Minister of ...

SANTIAGO, Chile, CMC - The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) says the region received a “new record high” of foreign direct investment (FDI) in 2012. According to the ECLAC report “Foreign Direct Investment in Latin America and the Caribbean 2012”, the re...

PARIS — The euro zone economy shrank more than expected in the first three months of 2013, official data showed Wednesday, marking a sixth consecutive quarter of decline as France returned to recession for the first time since 2009 and Germany marked time. The 17-nation euro zone contracted by...