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Mandela’s legacy

PORT OF SPAIN, Trinidad - AS I write this Nelson Mandela is still with us. He may even still be living at the end of this year. But this is his fourth hospitalisation in six months, and the prognosis for 94-year-old men with persistent lung infections is not good. How will South Africa do without him? Wrong question, actually. In practice, South Africa has been doing without him for more than a decade already—but psychologically, it is just now getting to grips with the reality that he will soon be gone entirely.

What does the future hold for Clico?

PORT OF SPAIN, Trinidad - Many an insurance company fancies itself as being both an insurer (that is, a risk manager) and an investment manager of sorts. The main reason for this tendency is that they use the pre-paid portion of insurance premiums (both short-term and long-term) to invest. In some aggressive cases, they price their products very competitively and hope to fill the underwriting gap (loss) by delivering high investment returns.

AG steps aside

PORT OF SPAIN, Trinidad - Attorney General Anand Ramlogan has temporarily relinquished his responsibilities for the Central Authority, paving the way for the police investigating the e-mail matter to seek foreign assistance if they need it. Sources said yesterday that Ramlogan wrote to the head of the Central Authority, Netram Kowlessar, last month recusing himself from all duties and responsibilities affiliated with the investigation of the 31 e-mails raised by Opposition Leader Dr Keith Rowley in Parliament, and delegated all responsibilities to Kowlessar.

Former Barbados PM to deliver lecture on nation building in The Bahamas

NASSAU, Bahamas, CMC – Former Barbados prime minister Owen Arthur will speak on the “philosophy of nation building” as part of the activities by the College of the Bahamas marking the country’s 40th anniversary of political independence. Arthur, who served as prime minister from 1994-2008, will deliver the lecture on Friday, the final day of The Bahamas at 40 Independence Conference. Co-chair of the Conference Planning Committee Dr.

Opposition party against declaring aviation sector an essential service

ST. JOHN’S, Antigua, CMC – The main opposition Antigua Labour Party (ALP) has criticised proposals by two prime ministers from the Organisation of Eastern Caribbean States (OECS) that the aviation industry should be deemed an essential service. Earlier this month, Prime Minister Baldwin Spencer and his St. Vincent and the Grenadines colleague, Dr. Ralph Gonsalves supported a statement by Ian Brunton, the chief executive officer of the regional airline, LIAT, that the aviation industry should also be classified as an essential service, with legislated restricted rights to strike.

Taiwan provides funds to St. Lucia

CASTRIES, St. Lucia, CMC – St. Lucia has received a grant of EC$7.5 million (One EC dollar = US$0.37 cents) from Taiwan to assist with development projects on the island. Prime Minister and Minister of Finance Kenny Anthony said the funds represented the balance from the first set of constituency development projects (CDP) submitted for funding and will create a significant number of jobs. Taiwan is providing just over EC$24 million this financial year towards the CDP and Anthony said it was important for both countries that the "monies under this programme are well spent."

Downside

BRIDGETOWN, Barbados - BARBADOS’ TOURISM SECTOR is going in the same direction as the poorly-performing sugar industry that was once a major foreign exchange earner. And while the Barbados Hotel and Tourism Association (BHTA) and other private sector bodies have repeatedly identified the issues facing the industry and the economy, Government has been “lethargic” in responding to their concerns. This was the assessment of BHTA president Patricia Affonso-Dass yesterday when she gave her report at the association’s annual general meeting at the Lloyd Erskine Sandiford Centre.

Renewable Energy: World Invests $244 billion in 2012, Geographic Shift to Developing Countries

The sister publications, REN21’s Renewables 2013 Global Status Report and Frankfurt School – UNEP/BNEF’s Global Trends in Renewable Energy Investment 2013 were launched June 12th, 2013.

Global demand for renewable energy continued to rise during 2011 and 2012, supplying an estimated 19% of global final energy consumption in 2011 (the latest year for which data are available), with a little less than half from traditional biomass.

Entertainers and artistes urged to apply for CARICOM Skills Certificate

ST JOHN’S, Antigua- Antiguan and Barbudan artistes and entertainers should take advantage of the Caricom Skills Certificate or be left behind as their regional counterparts move freely between territories. That was the view of Special Events Director in the Department of Culture, Gilbert Laudat. “At the end of the day it helps. Persons are going to come from elsewhere with the certificate and get a job in Antigua and because the Antiguan doesn’t have one, they can’t travel anywhere to get a job,” he said.

Dominica speaks of the benefits of OECS Economic Union

ROSEAU, Dominica, CMC – Dominica Wednesday said that the Economic Union of the Organisation of Eastern Caribbean States (OECS) provides an opportunity for the sub-region to improve its trading relations with the international community.