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PetroCaribe projects face unsure future

KINGSTON, Jamaica - With looming uncertainty over the PetroCaribe Energy Cooperation Agreement, following the death of Venezuelan President Hugo Chávez, there is concern that the future of the projects under the cash-rich PetroCaribe Development Fund (PDF) is also unsure.
With an asset base of $241.2 billion up to January 2013, the PDF was set up in 2006 to undertake a number of national projects.

Accountant appointed to investigate Stanford companies

ST JOHN’S, Antigua – An accountant has been appointed to look into the business affairs of companies of former financier R Allen Stanford.
Hordley Forbes of Forbes & Associates, Chartered Accountants, will conduct investigations into Stanford Development Company (SDC) Ltd and three other affiliated companies who are registered owners of property in Antigua.
Attorney General Justin Simon QC on March 5 obtained a court order for the investigation.

Late politician described as ‘passionate’, ‘Giving’

Giving’ ST JOHN’S, Antigua – A “pioneer”, “passionate” and “giving” is how colleagues, friends and family described Vere Cornwall Bird Jr, who died on Easter Sunday at the age of 76.
The eldest son of deceased father of the nation, Sir Vere Bird Sr, and elder brother of former prime minister, Lester Bird, died of heart failure, just days after being diagnosed with liver cancer.
Remembering his brother, and admitted sometime rival, Lester Bird said it had been “a very good ride” for the siblings who were just two years apart, with Bird Jr being born in 1936.

Changes and youth in West Indies cricket welcome

welcome KINGSTON, Jamaica - CONGRATULATIONS to Jamaican Wycliffe "Dave" Cameron and Dominican Emmanuel Nanthan at being elected
to the ultra-important positions of President and vice president, respectively, West Indies Cricket Board. These are positive examples of youth not at all having been wasted on the young!

Where’s Jamaica’s Gorbachev?

? KINGSTON, Jamaica - The former USSR was a politically aligned collection of previously independent states that did little more than serve the egotistic, power-hungry needs of leaders such as Josef Stalin, Nikita Khrushchev and Leonid Brezhnev, while countering the superpower status of the United States (US).
During the Cold War, the two superpowers attempted to divide the world into one camp or another. This spilled over into sports, as the US led a boycott of the 1980 Moscow Olympics, to which the USSR retaliated four years later in Los Angeles.

All the best, Mr Cameron

Cameron KINGSTON, Jamaica - Mr Whycliffe 'Dave' Cameron takes the president's chair at the West Indies Cricket Board (WICB) at a most interesting time in the game's development across the region.
The recent successes of the senior men's and women's teams have heightened expectations of better days ahead for the game. Those expectations will no doubt carry over into how the game's affairs are run by the regional governing body.

Trust deficit: Gov’t, IMF and Haiti

KINGSTON, Jamaica - Call me Thomas if you wish, but on this Easter Sunday, what is being resurrected for me is a deep distrust for those who are elected and appointed to govern us.
Despite being full of 'knowledge' based on blind faith that Jesus is coming again as a thief in the night, I am worried that he might arrive before the agreement with the International Monetary Fund (IMF) is reached. After all, there have been many announcements which lulled us into a false sense of hope.

It wasn’t me! - Security minister confirms robbery of friends at villa

KINGSTON, Jamaica - SECURITY Minister Peter Bunting yesterday attempted to allay fears that he was among a group of persons robbed at a villa in Portland on Saturday night.
At least one online news outlet reported that Bunting and a female companion were held up and robbed by thieves who brandished knives at them.

Opposition wants full probe

probe KINGSTON, Jamaica, CMC – The main opposition Jamaica Labour Party (JLP) has called for a full scale investigation into reports that National Security Minister Peter Bunting had been held up and robbed over the weekend.
Opposition spokesman on National Security and Justice Delroy Chuck in a statement said while the JLP had learnt of the “unfortunate incident” and was also relieved that Bunting had not been injured, given the conflicting accounts of what happened, there was need for a thorough probe.

Antigua hosts money laundering conference

conference ST. JOHN’S, Antigua, CMC – A two-day meeting allowing for the heads of Financial Intelligence Units from the English-speaking Caribbean to share best practices and experiences in asset forfeiture, money laundering and proceedings of crime, gets underway here on Wednesday.
The April 3-4 meeting will be addressed by Prime Minister Baldwin Spencer and Jeffrey Robinson, described by the British Bankers’ Association as ‘the world’s leading financial crime author’.