Many injured as fire destroys government building

PORT AU PRINCE, Haiti, CMC – At least 31 people were injured when a fire, believed to have been started through a combustible combination of Clorox and fertilizer, destroyed a government building in the capital. Police said the blaze on Thursday also destroyed other businesses, including a market th...
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Regional fisheries ministers meeting in Barbados

BRIDGETOWN, Barbados, CMC – Caribbean fisheries ministers are meeting in Barbados on Friday to discuss the work of the Belize-based Caribbean Regional Fisheries Mechanism (CRFM). “This is a very important meeting in terms of forging a new strategic direction for the fisheries sector,” said CRFM Exec...
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Guyana: Prospects for sustained development

KINGSTON, Jamaica - Describing for a friend my impressions of the Guyanese economy after a brief visit, I simply exclaimed: the economy is bubbling. The observant traveller needs no recourse to gross domestic product numbers, growth rates, bauxite, rice, rum production or foreign-exchange rates. The...
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European Union names first ambassador to OECS

CASTRIES, St. Lucia, CMC – The European Union has provided more than Euro 23 million (One Euro =US$1.29 cents) in funding projects in the sub-regional Organisation of Eastern Caribbean States (OECS) since March last year. Newly appointed European Union (EU) ambassador to the OECS, Mikael Barfod, say...
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The PetroCaribe Economic Zone proposal

GEORGETOWN, Guyana – Guyana is reportedly examining a proposal to set up a PetroCaribe Economic Zone (PEZ), made by Venezuela at the PetroCaribe summit held earlier this month in Caracas and attended by Prime Minister Samuel Hinds. According to Venezuelan Oil and Mining Minister Rafael Ramírez, this...
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Barbados calls for assistance for countries to deal with recession

BRIDGETOWN, Barbados, CMC – The Third Inter-American Development Bank (IDB) Annual Retreat of Caribbean Civil Society Consultative Groups (ConSoC) is ending here on Friday with Barbados urging the Washington-based financial institution to create new, interesting, innovative and adaptable strategies ...
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Barbados ‘cut off’ due to economic development

BRIDGETOWN, Barbados - Minister of Finance Chris Sinckler has expressed concern that the economic development of Barbados and other small open economies has been used as a “bludgeoning instrument” against them when it comes to concessional financing from entities like the World Bank and preferential...
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Jamaica creates FATCA intermediary

KINGSTON, Jamaica - Jamaica plans to set up a central authority led by the central bank to report on the financial activities of US taxpayers to their government, which has been on a three-year campaign to track down tax cheats. Its the latest move by the Jamaican Government to assist local institu...
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UN anti-cholera plan in Haiti ‘failing’

UN efforts to tackle cholera in Haiti are "almost non-existent", a charity says, as the world body faces court action for inadvertently starting a cholera epidemic in the country. Late last year, the UN launched a $2.2bn-appeal (£1.5bn) to improve water supplies in Haiti. But Medecins Sans F...
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