WASHINGTON, CMC – The World Bank says that for the first time currencies in Latin America and the Caribbean (LAC) are absorbing some of the shocks derived from a “less friendly” global environment. According to the latest report by the World Bank’s Chief Economist in the&nbs...

WASHINGTON, USA -The International Monetary Fund warned Washington that the political showdown over the budget could damage the global economy, as it cut its US growth forecast. The Fund, in its new World Economic Outlook, projected the US economy would grow 1.6 per cent this year and accelerate to...

WASHINGTON, CMC – The United States Supreme Court has begun debate on the reach of the federal securities laws by questioning whether investors can sue law firms and outside companies for their alleged roles in jailed Texas financier Allen Stanford’s US $7 billion Ponzi scheme. Stanford...

WASHINGTON, CMC – The Inter- American Commission on Human Rights (IACHR) Wednesday urged Caribbean countries that still have the death penalty to abolish it or at least to impose a moratorium on its application. In a message marking International Day against the Death Penalty on Thursday, the...

WASHINGTON, CMC - The United States Supreme Court has begun debate on the reach of the fede ral securities laws by questioning whether investors can sue law firms and outside companies for their alleged roles in jailed Texas financier Allen Stanford’s US$7 billion Ponzi scheme. Stanford is cu...

GEORGETOWN, Guyana, CMC – The Guyana government said Monday it had received the first shipment of 5,000 tonnes of fertiliser from Venezuela under a revised agreement between the two countries. Agriculture Minister Dr. Leslie Ramsammy said the agreement would significantly boost the agricultur...

MIAMI, CMC - The United States Southern Command, which overseas US military operations in the Caribbean and Latin America, says a US-contracted detection and monitoring aircraft has crashed into the Caribbean Sea, killing four of its six crewmembers. The Southern Command, otherwise known as Southco...

BRIDGETOWN, Barbados, CMC – Barbados and Cuba have paid homage to the victims of the 1976 bombing of a Cubana Airlines jet off the coast of Barbados that killed all 73 people on board, lamenting the fact that the masterminds of the attack were never convicted. Cuba’s Ambassador to Barba...

WASHINGTON, CMC – After registering “disappointing growth" in 2012, Trinidad and Tobago is poised for a modest recovery in 2013, the International Monetary Fund (IMF) has said. In a statement, the Washington said the economy is reviving and that maintenance-related outages would continu...

KINGSTON, Jamaica - TORONTO, Canada (IDN) — A new report has highlighted the importance of funds remitted home by migrants, which are now nearly three times the size of official development assistance given by rich developed nations and larger than private debt and portfolio equity flows to de...