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Jamaica to host launch of UNDP Human Development Report

KINGSTON, Jamaica, CMC – Jamaica will be the venue for the launch of the United Nations Development Programme's (UNDP) Human Development Report (HDR) on Tuesday, UN officials have said. Human Progress in a Diverse World', will be attended by officials from Brazil, India, the Caribbean and South Africa. The report explores evolving geopolitics, examines emerging issues and trends, and also identifies new stakeholders who have been influential in shaping the global development landscape.

Haiti seeking to improve economy through mining

PORT AU PRINCE, Haiti, CMC – Prime Minister Laurent Lamothe said Monday that the French-speaking Caribbean Community (CARICOM) country would like to see itself as “an emerging mining country” within the next two decades. "Haiti would like to place itself as an emerging mining country in the next 20 years,” he said at the start of a two day-conference being organised by the World Bank and has attracted delegates from various countries including Brazil, Canada and Ghana. The World Bank is also helping the Haitian government update mining laws that have not been updated since 1976.

Dookeran signs Arms Trade Treaty

PORT OF SPAIN, Trinidad - Foreign Minister Winston Dookeran yesterday signed the Arms Trade Treaty which establishes common international standards for the movement across borders of conventional arms and ammunition. When the Treaty comes into effect after 60 nations have signed and ratified it, illegal guns which end up in the hands of local criminals will be traced since records will be kept on the movement of guns from the manufacturer, across borders, to end users.

Guyana signs Global Arms Trade Treaty

GEORGETOWN, Guyana, CMC – Guyana Monday signed the United Nations Global Arms Trade Treaty. The treaty calls on states to explicitly consider the risk that an arms transfer could facilitate serious acts of violence against women and children before allowing it to proceed, said Susan Bissell, UNICEF’s Chief of Child Protection. “This is critical given that weapons are now one of the leading causes of death of children and adolescents in many countries, including many that are not experiencing war,” she added.

Regional bankers urged to use technology to improve services to clients

BRIDGETOWN, Barbados, CMC – Governor of the Central Bank of Barbados, Dr. DeLisle Worrell, Monday urged regional bankers to use the opportunities which new technologies offer in delivering central bank services as efficiently as possible. Addressing the 23rd Regional Central Banks Information Systems Specialists (RCBISS) annual conference, Worrell said providing the services should be done without exposing the banking system to unacceptable levels of risk.

Obstacles to development

BRIDGETOWN, Barbados - On June 4, 1940, Winston Churchill stood in the House of Commons and painted the picture of a country that would refuse to bow to the pressures of a German annihilator. In one of his three most celebrated speeches, “We Shall Fight on the Beaches”, the victories which he depicted were not from a standpoint of having the physical and numerical upper hand, but victories won on a sheer mental decision to reject defeat. Of young soldiers he said, “There never has been, I suppose, in all the world, in all the history of war, such an opportunity for youth.

Barbados to host first ever water resources management workshop

BRIDGETOWN, Barbados, CMC – More than 20 lecturers and researchers from universities across the Caribbean will meet in Barbados on Wednesday for the first-ever Integrated Water Resources Management (IWRM) Knowledge Management workshop to be held in the region. The two-day regional workshop is being organised by the Global Water Partnership-Caribbean (GWP-C) in collaboration with the Centre for Resource Management and Environmental Studies (CERMES) of the Cave Hill campus of the University of the West Indies (UWI).

IICA to provide assistance to Guyana

SAN JOSE, Costa Rica, CMC – The Inter-American Institute for Cooperation on Agriculture (IICA) says it will support Guyana in developing its trade in agricultural products. IICA Director General, Víctor M. Villalobos met with Guyana’s Agriculture Minister Leslie Ramsammy, who outlined the country’s priorities that included the development of an agrofuels unit, the establishment of programmes to combat and mitigate the effects of climate change, and compliance with international trade standards.

Montserrat to benefit from 11th EDF programme

BRADES, Montserrat, CMC – Montserrat says it will receive funding for development programmes under the 11th European Development Fund (EDF) during the period 2014-2020. The European Union Foreign Affairs Council Monday approved the level of funding for the 11th EDF for the period 2014-2020 of which Euro 364 million pounds (One Euro = US$.1.25) is for the Overseas Countries and Territories.

Helping out Uncle Sam

ST. JOHN’S, Antigua - Economics is sometimes referred to as The Dismal Science. It is not hard these days to be sympathetic to that definition, when we consider the mess that some of the supposedly smartest economists have led our world. Earlier in March, Wall Street’s Moody’s Investor Service painted a gloomy picture of the finances of the Eastern Caribbean countries. In a Caribbean Media Corporation (CMC) report, the bond-rating agency pointed out that Grenada had defaulted on repayment of loans in 2004 and 2013 and that St Kitts/Nevis had done so in 2011.