NEW YORK, CMC - A major international credit rating agency says the liquidity crisis leading to Grenada’ default on its US and Eastern Caribbean (EC) dollar bonds is “credit negative” for the country and elevates the risk of distress spilling over to member countries in the Eastern...

KINGSTON, Jamaica - GRENADA plans to commence talks with its creditors to restructure its EC$2.2- billion public debt. Rising interest payments in the face of falling revenue and a high wage bill has prompted the government to miss an interest payment due this month. It is the second time that it ha...

ST. GEORGE’S, Grenada, CMC – Less than a month after he was voted out of office, former prime minister Tillman Thomas remains at the helm of the now opposition National Democratic Congress (NDC). Party officials who met recently to discuss the outcome of the February 19 general election...

ST.GEORGE’S, Grenada, CMC – Grenada says it has paid in full the arrears owed to the United Nations and as a result has regained its voting rights at the international body. Grenada was listed among three Caribbean Community (CARICOM) governments owing the United Nations, according to a ...

PORT OF SPAIN, Trinidad - Dr Patrick Antoine, the chief economic advisor to the new Grenada Government, yesterday declared the island was open again after Tuesday’s general election at which the New National Party, led by Prime Minister Keith Mitchell, won all 15 of the constituencies. Speakin...

ST. GEORGE’S, Grenada, CMC – The Organization of American States (OAS) is recommending that Grenada undertake a comprehensive review of the Representation of the Peoples Act following Tuesday’s general election in which the main opposition New National Party (NNP) won all 15 seats....

ST. GEORGE’S, Grenada, CMC – Leader of the New National Party (NNP) Dr. Keith Mitchell was sworn in as prime minister of this Caribbean Community (CARICOM) country less than 24 hours after his party swept aside the National Democratic Congress (NDC) in general elections in Grenada. Mitch...

PORT OF SPAIN, Trinidad - Newly re-elected Grenadian Prime Minister, Dr Keith Mitchell, has one of the more challenging assignments of any political leader in the region. One of the immediate challenges that the Prime Minister faces is to increase the island’s output because, according to the ...

PORT OF SPAIN, Trinidad - BY the time you read this column, the official results of yesterday's general election in Grenada should have been publicly declared. Grenadian voters had trekked to polling stations aware that, according to forecasts by credible pollsters, the incumbent National Democr...

ST. GEORGE’S, Grenada, CMC – Supporters of the main opposition New National Party (NNP) took to the streets in celebration here on Tuesday night after the ruling National Democratic Congress (NDC) conceded defeat in the general election. The NNP, headed by former prime minister Dr. Keith...