CARACAS, Venezuela — Venezuela’s currency devaluation took effect on Wednesday amid questions about how the government can get a grip on 22-per cent inflation and satisfy growing demand for dollars to pay for imported goods. Some economists predict that the devaluation won’t solve ...

LONDON—A pledge by the Group of Seven most powerful economies to not intentionally weaken their currencies pushed stocks higher on yesterday while dragging the dollar lower against the Japanese yen and the euro. The G-7 nations, which include the US, Japan and Germany, said their economic poli...

HAVANA, (Reuters) – More than a week after former leader Fidel Castro was quoted in Cuban media as saying Venezuela’s cancer-stricken President Hugo Chavez was “much better,” the Communist Party newspaper published a different, toned down version of his comments yesterday. Th...

LOS ANGELES, CMC - The 55th Grammy Awards here Sunday night paid tribute to legendary Jamaican reggae superstar Robert Nesta Marley, renowned worldwide as Bob Marley. But, for a moment, it appeared as though there would hardly be any tribute to the late great reggae artist when about two-thirds of a...

GUANTANAMO BAY U.S. NAVAL BASE, Cuba, (Reuters) – A simulated wave of Caribbean migrants sailed to the Guantanamo naval base this week for a training drill designed to prepare U.S. troops and security agencies who might someday have to handle the real thing. The exercise is held every two year...

NEW YORK, Feb 10, CMC – As the New York Police Department (NYDP), over the years, faced intense criticism over the controversial “stop-and-frisks” policy regarding Caribbean and other immigrants and minorities, the department has reported what it described as a “major decline...

KINGSTON, Jamaica, Observer - JAMAICAN manufacturers of some key items are likely to have their profit margins squeezed by higher duties in the Canadian export market, if Caricom fails to reach a new trade agreement with the North American country before year end. Pepper sauce and rum exports top th...

WASHINGTON, CMC – The Congresswoman who represents the largely Caribbean 9th Congressional District in Brooklyn, New York, wants her colleagues as well as President Barack Obama to include the Caribbean Diaspora as they debate the contentious issue of immigration reform. Congress Tuesday start...

WASHINGTON, CMC – The Pan American Health Organization (PAHO) and the World Health Organization (WHO) said they have brought together this week various stakeholders, including government representatives and academic institutions to develop a plan of action for reducing deaths caused by breast ...

LOS ANGELES, California, CMC – The United States Department of Justice has filed a civil fraud lawsuit against one of the world’s larger credit-ratings agencies that services several Caribbean Community (CARICOM) member states. On Monday, the department said it filed the suit in a US f...