Stumbling blocks to sustained growth

BRIDGETOWN, Barbados - Owning 100 per cent of one apple tree is sadly still more attractive to many local businesses than owning only one per cent of an apple farm containing one million trees. Despite the fact that the latter options provides access to 10 000 trees, “calling the shots” ...
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Opposition leader cries intimidation

BASSETERRE, St. Kitts, CMC – The leader of the main opposition People’s Action Movement (PAM), Shawn Richards, has accused the government of “using the armed forces” in an effort to intimidate citizens as he commented on the decision by members of the St Kitts Nevis Defence F...
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Dominica to host OECS public awareness programme on Economic Union

CASTRIES, St. Lucia, CMC – Dominica will be the first country within the Organisation of Eastern Caribbean States (OECS) to participate in a national public awareness programme on the OECS Economic Union. OECS Director of Economic Affairs Randy Cato said the public awareness programme is aimed...
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Why is manufacturing not part of IMF growth agenda?

KINGSTON, Jamaica - SINCE the present government was ushered into power in the election of 2011 there has been a great deal of hope that an International Monetary Fund agreement was necessary to put the economy on a sustained path for growth. A view I hold to be misguided — despite the importa...
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EDITORIAL - Dr Phillips must hold his nerve

KINGSTON, Jamaica - Dr Peter Phillips must be under tremendous pressure from his Cabinet colleagues over the slide of the Jamaican dollar in relation to the greenback, now at J$100:US$1. But Dr Phillips and the central bank governor, Mr Brian Wynter, must hold their nerve. In fact, Dr Phillips has ...
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Look to Canada for energy solution - diaspora member

KINGSTON, Jamaica - A member of the diaspora in Canada has said that it is time Jamaica engage Canada in the discussions aimed at eking out an alternative energy solution to solve the local energy crisis. Addressing a Gleaner Editors' Forum at the newspaper's North Street, Central Kingston ...
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Government to introduce renewable energy legislation

BRIDGETOWN, Barbados, CMC – The Barbados government says it will soon introduce legislation to facilitate renewable energy generation on the island. “We expect, within the next few months, to have the legislation passed for independent power producers,” said Energy Minister Darcy ...
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Govt taps $833m from Chinese

PORT OF SPAIN, Trinidad - Trinidad and Tobago is already beginning to put some $833 million of the US$3 billion in concessional loans from China to use. Prime Minister Kamla Persad-Bissessar announced yesterday this country will be able to immediately access $833 million of these funds to accelerate...
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Finance Minister leads delegation to Europe for talks

KINGSTON, Jamaica, CMC – Finance Minister Dr. Peter Phillips is leading a delegation to Europe for talks with officials from a financial institutions, according to an official statement released here. It said that the talks are intended to apprise agents in the international capital markets o...
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UN condemns forced eviction of families

PORT AU PRINCE, Haiti, CMC - A senior United Nations official has expressed concern about ongoing illegal forced evictions and human rights abuses of families displaced by the 2010 earthquake. The Office of the Humanitarian Coordinator for Haiti said that earlier this month, the United Nations was i...
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