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ST. GEORGE’S, Grenada, CMC – Caribbean governments should seek far reaching agreements with creditors when pursuing debt restructuring instead of accommodating short term measures that will eventually have to be re-negotiated before feeling the positive impact.
Jurgen Kaiser, a coordinator and research fellow at the German Debt Network, says “the conditions for these agreements should be deep and all encompassing, as the further it goes the better the impact will be on the country”.

US immigration bill could lead to C’bean ‘brain drain’ – Lawyer

ST JOHN’S, Antigua – Immigration and criminal defence lawyer Fitzmore Harris said the Caribbean and other developing nations need to prepare for the impending “brain drain” that will result from the US immigration reform.
“The Caribbean has to become more competitive regarding, for example, remuneration for their skilled people because if the flood gates open and the US makes it very easy for them to get the H1-B (work visa) it will be a problem,” he said.
“Developing countries need to start preparing for any eventualities.”

Economists respond to Dookeran on new plan for regionalism

PORT OF SPAIN, Trinidad - Despite the economic hardships Caribbean countries face, it is important that regional countries work together to overcome the difficulties, said Dr Dillon Alleyne, economic affairs officer and deputy director, Economic Commission for Latin America and the Caribbean (Eclac).
“The Caribbean economies are at a crossroad and the global system of production and distribution has changed with serious consequences for countries for countries that are unable to make the structural transformation necessary for improved competitiveness,” he said.

Phillips, IMF defend ‘strenuous’ fiscal target for Jamaica

KINGSTON, Jamaica, Gleaner-  The fiscal conditionalities of the new International Monetary Fund (IMF) agreement are strenuous, but necessary, IMF mission head Jan Kees Martijn and Finance minister Dr Peter Phillips argued Tuesday, amid scepticism that Jamaica can hold to its targets this time.
The IMF team also introduced the new IMF Resident Representative for Jamaica, Bert Van Selm who will replace Dr Gene Leon.

PM leaves for African Union summit in Ethiopia

KINGSTON, Jamaica, Gleaner- PRIME Minister Portia Simpson Miller was scheduled to leave the island yesterday for Addis-Ababa, Ethiopia, where she will attend the Special 50th Anniversary Summit commemorating the establishment of the Organisation of African Unity/African Union.
Simpson Miller is accompanied by Foreign Minister A J Nicholson; Permanent Secretary in the Office of the Prime Minister Onika Miller; Jamaican High Commissioner to Nigeria, Ann Scott; Ambassador Carlton Masters, special envoy to the African Union, and members of her support team.

Harmonise labour laws in the Caribbean

BRIDGETOWN, Barbados, Advocate - There needs to be a harmonisation of labour laws within the region.

This call was made recently by Cedric Murrell, President of the Congress of Trade Unions and Staff Associations of Barbados (CTUSAB) at “The Role of Labour Standards in Accessing International Markets and Supporting the Caribbean Single Market Workshop” held at Island Inn.

More land for food needed

BRIDGETOWN, Barbados, Advocate - Making sure that just under a third of Barbados’ limited land space is kept for substantial agriculture would be to the betterment of the country.

And one such area would be in making inroads in the fight against the chronic non-communicable diseases that are affecting our development.

This is the view of agriculture specialist, Dr. Chelston Brathwaite.

ST. KITTS-POLITICS-St. Kitts –Nevis PM comments on death of Taiwanese fisherman

BASSETERRE, St. Kitts, CMC – The St. Kitts-Nevis government Wednesday said it was ‘saddened” at the death of a Taiwanese fisherman killed by the Pilipino Coast Guard, in the southern part of the ROC Exclusive Economic Zone (EEZ) earlier this month.
The Philippines coast guard says its crew acted in self-defense, believing the Taiwanese fishing boat was trying to ram its vessel. A Taiwanese investigation in tghe May incident found 59 bullet holes in the fishing boat.