WASHINGTON, CMC – A new study published here is urging Latin America and Caribbean governments to renew efforts to modernize their tax system. The study done by the Inter-American Development Bank (IDB) suggests that while Latin America and the Caribbean have made great strides in boosting tax...

EUROPE’S economic problems are growing steadily worse, with unemployment in parts of the Continent now above the level reached in the United States during the Great Depression. Meanwhile, policy makers dither over solutions. Last week, the European Central Bank cut interest rates by a meager ...

WASHINGTON, CMC - The United States Congress has started formal consideration of a sweeping immigration reform bill that creates a “path to citizenship” for an estimated 11 million undocumented immigrants, including Caribbean nationals. The Senate Judiciary Committee is expected to fini...

BRIDGETOWN, Barbados - The news that our offshore sector was recently severely criticized in the Canadian parliament is one more inconvenient truth that the Barbados economic policymakers will have to face. In a report earlier this month, the Standing Committee on Finance of that country’s pa...

? KINGSTON, Jamaica - The World Trade Organisation (WTO) is now set to appoint a new director general. He is Roberto Carvalho de Azevêdo, Brazil's long-serving ambassador to the organisation. His appointment is good news for developing countries insofar as Carvalho de Azevêdo is from...

The Organisation of Amercan States (OAS) Secretariat through the Caribbean Sustainable Energy Program (CSEP) and the Energy Efficiency Working Group of the Energy and Climate Partnership of the Americas (ECPA), hosted a workshop on energy efficiency designs for office and public buildings in tropica...

The overall objectives of the Workshop were to garner feedback and finalize the Study being done to establish Regional sustainable energy targets, as well as, to build awareness about the process going forward to fully establish the C-SERMS.  Approximately Sixty persons were in attendance inclu...

BUENOS AIRES, Argentina (AP) — Venezuelan leader Nicolas Maduro and his Argentine counterpart and ally, Cristina Fernandez, announced new energy and food agreements yesterday, then Maduro cheered supporters of Argentina's president with a rousing speech at a football-stadium rally. Maduro said their...

WASHINGTON, CMC - The International Monetary Fund (IMF) says Antigua and Barbuda has made “excellent progress” towards achieving its goal of restoring debt sustainability and macroeconomic stability. An IMF mission headed by Geoffrey Bannister has recently completed a review of the 2010 multi-millio...

PORT OF SPAIN, Trinidad, CMC – United States Vice President Joe Biden is due here at the end of May, the US Embassy has confirmed. It gave no details on the proposed visit, but one local television station quoted Foreign Affairs Minister Winston Dookeran as saying that the visit is aimed at improvin...