Regional credit rating agency downgrades St. Lucia

CASTRIES, St. Lucia, CMC-Persistent and severe deterioration in government’s fiscal position and a resultant steady increase in debt stock are among reasons which the Caribbean Information and Credit Rating Services Limited (CariCRIS) has cited for its decision to downgrade St Lucia’s cr...
Read More

Bharath: CAL looking to deal with spending

PORT OF SPAIN, Trinidad - Approaches have been made to Caribbean Airlines (CAL) to initiate a Colombia/T&T/London route and a Panama/T&T/London route, Trade Minister Vasant Bharath says. At yesterday’s weekly post-Cabinet press conference Bharath said the current focus for the moment w...
Read More

‘Govts committed to CAL/Air Jamaica union’

PORT OF SPAIN, Trinidad - The government of Trinidad and Tobago and the government of Jamaica are committed to making the Caribbean Airlines/Air Jamaica arrangement work. Therefore, both countries have set up committees to look at some of the problems affecting the CAL/Air Jamaica arrangement, Minis...
Read More

National pride must not override regional good

PORT OF SPAIN, Trinidad - In 2011, when Caribbean Airlines (CAL) and Air Jamaica joined forces, the plan was that this “truly Caribbean airline” would efficiently serve the region and beyond as “one airline but two brands,” replacing two loss-making airlines which had been pr...
Read More

World Bank gives Haiti US$20 million to tidy public records

PORT-AU-PRINCE, Haiti - THE World Bank has given US$20 million to Haiti for cleaning up its public resources and making them more transparent. The grant will help Haiti improve public financial management, procurement practices and performance of the national electrical company. It will also create...
Read More

Haiti receives US$15 million policy-based grant from IDB

WASHINGTON, CMC – The Inter-American Development Bank (IDB) has furnished a US$15 million grant to Haiti to support policy, legal and institutional reforms in the agricultural sector. The Washington-based financial institution said farming plays a “fundamental role in the Haitian economy...
Read More

CARICOM crabs in a barrel

KINGSTON, Jamaica - WE have never for one moment deluded ourselves into believing that the signing of the 1973 Treaty of Chaguaramas -- that governs Caribbean Community (CARICOM) relations -- would have ushered us overnight to the Promised Land of regional integration. In fact, we knew clearly that...
Read More

Khan: Integrity Commission head will resign

PORT OF SPAIN, Trinidad - Prospective members of the Integrity Commission may not want to serve under the leadership of chairman Ken Gordon, attorney Israel Khan, SC, said yesterday. Khan was commenting on the implications of a meeting between Opposition Leader Dr Keith Rowley and Gordon, which took...
Read More