IMF says no single bullet for Caribbean economic problems

WASHINGTON, CMC – The International Monetary Fund (IMF) says there is no “single bullet” that will allow Caribbean countries to deal with their various problems such as high debt, low growth, mitigation of vulnerabilities and strengthening financial system. The IMF said that growt...
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Ban Ki-moon: Region must stick to UN goals

NEW YORK- United Nations Secretary General Ban Ki-moon is urging Caribbean and other developing countries to keep alive the promise of the Millennium Development Goals (MDGs). In a message marking 1,000 days before the target date to achieve what he described as “a vital moment in history&rsq...
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Mandela back in hospital

JOHANNESBURG (AP) — Nelson Mandela, the anti-apartheid leader who became South Africa's first black president, has been admitted to a hospital with a recurring lung infection, South Africa said today. Mandela, 94, has become increasingly frail in recent years and has been hospitalized sev...
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Former Venezuelan leader remembered at OECS Assembly

ST. JOHN’S, Antigua, CMC – Legislators from the Organisation of Eastern Caribbean States (OECS) have paid tribute to the late Venezuelan leader Hugo Chavez, saying that his vision had inspired millions all over Latin America and the Caribbean. “The people of our region will never ...
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EPA and CSME Standby Facilities launched

(CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana) (The Economic Partnership Agreement (EPA) Standby Facility represents a new paradigm for collaboration between Caribbean Forum of African, Caribbean and Pacific States (CARIFORUM) States and the European Union (EU), as does the Caribbean Co...
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US regulator accused Bahamas-based broker of market manipulation

NEW YORK, CMC - The United States financial services watchdog agency, the Securities and Exchange Commission (SEC) says it has charged a Bahamas-based broker-dealer among others in what it describes as “an international market manipulation scheme”. The SEC said charges have been laid ag...
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Caribbean participates in UN-backed tsunami preparedness test

UNITED NATIONS, CMC – Caribbean nations are participating in a full-scale tsunami alert exercise organized by the United Nations to test their reaction to a possible disaster. The exercise organized under the auspices of the Intergovernmental Oceanographic Commission of the UN Educational, Sc...
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