As global warming accelerates…

KINGSTON, Jamaica - THE United Nations Intergovernmental Panel on Climate Change has just released its latest report on global warming. The report, the fifth in the last 23 years, contains findings which are no surprise but which confirm an indisputable trend -- scientists are 95 per cent certain th...
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New database to help region protect coastline from climate change

KINGSTON, Jamaica COUNTRIES in the Caribbean and Latin America could improve coastal planning and develop preventive measures to adapt to the effects of climate change using a database launched yesterday by the Spanish Ministry of Agriculture, Food and the Environment, University of Cantabria and th...
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Bank cuts

BRIDGETOWN, Barbados - STAFF LAYOFFS are looming at CIBC FirstCaribbean Bank in light of heavy expenses having to be set aside for bad loans. The bank, which boasts branches in 17 Caribbean territories, is particularly concerned about its heavy loan loss provisioning in Barbados and The Bahamas, an...
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6.3% drop in arrivals

BRIDGETOWN, Barbados - The Barbados tourism sector has taken a nosedive so far for the year, and an imminent cut in flights to the island from at least one major source market could result in a further blow. For the nine-month period ending September 30, the sector recorded a decline of 6.3 per cen...
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ECJ distances itself from remarks by former chairman

KINGSTON, Jamaica, CMC – The Electoral Commission of Jamaica (ECJ) Wednesday sought to distance itself from statements attributed to former chairman, Dr. Herbert Thompson, that there has been an attempt by the Parliament to destroy the EOJ. The ECJ in a statement said the statements were made...
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S&P maintains BBB- rating for Montserrat

BRADES, Montserrat, CMC – The United States-based rating agency, Standard & Poor's (S&P), has affirmed its 'BBB-/A-3' sovereign issuer credit ratings on Montserrat addi8ng that the outlook remains stable. “Our 'BBB-' transfer and convertibility assessment is ...
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Regional governance institute launches today

PORT OF SPAIN, Trinidad - The Caribbean Corporate Governance Institute (CCGI) will be celebrating its formal launch today from 5 pm–8 pm at the Hyatt Regency Trinidad. The CCGI is a non-profit membership- based organisation dedicated to strengthening principles of good corporate governance acr...
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Malfunctioning avionics fan forces LIAT plane to return to Barbados

BRIDGETOWN, Barbados, CMC -- A LIAT DASH-8 aircraft was Wednesday afternoon forced to return to Barbados about midway into a flight to Guyana due to a problem with an "avionics fan". The aircraft landed without incident around 3:12 p.m.(local time) and a fire tender was on standby on the apron. Th...
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PM Gonsalves says he doesn’t know why LIAT’s CEO resigned

KINGSTOWN, St. Vincent, CMC -- Chair of LIAT’s shareholder governments, Prime Minister Dr. Ralph Gonsalves says he does not know why Ian Brunton resigned as the airline’s chief executive officer after just one year on the job. LIAT’s board of directors announced late September tha...
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