Cyprus debt and Caribbean defaults

KINGSTON, Jamaica - In the last few days, the government of Cyprus has begun to implement the measures demanded of it by the European Union, the European Central Bank and the International Monetary Fund (IMF). In return for providing €10 billion (US$13 billion) in support, a sum small by inter...
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Debt warning

warning BRIDGETOWN, Barbados - The International Monetary Fund (IMF) has warned Caribbean countries, including Barbados, they face an uphill battle fighting the debt crisis that has them in a stranglehold. An IMF paper released yesterday, titled Caribbean Small States: Challenges of High Debt And L...
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Making it work

BRIDGETOWN, Barbados - Discussions surrounding movement of goods, services and of people throughout CARICOM should be at the forefront of a lecture tonight at the Grand Salle, Frank Collymore Hall. The lecture begins a series of events over the next few days to mark the inaugural National Services W...
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Diplomatic push for Middle East

BRIDGETOWN, Barbados - UNITED STATES President Barack Obama scored a diplomatic coup last week on his whirlwind trip to the Middle East. At first there was much speculation that the tour would merely be a widow-dressing exercise, especially among the Palestinians. However, there is now some scope f...
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BRICS plan development bank

KINGSTON, Jamaica - Leaders of five of the world's emerging economic powers agreed Wednesday to create a development bank to help fund their US$4.5-trillion infrastructure plans - a direct challenge to the World Bank that they accuse of Western bias. But the rulers of Brazil, Russia, India, Chi...
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Haiti welcomes first US brand hotel in a decade

The first U.S. brand — and Haiti’s second luxury hotel to open in three months — will welcome its first guests Thursday. Designed for the business traveler, the Best Western Premier, a 106-room seven-story hotel in tony Petionville is finally making its debut. A soft-opening is pl...
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FBI wary of T&T’s security agencies

PORT OF SPAIN, Trinidad - Federal investigators in the United States said yesterday they will not be sharing any information on an ongoing probe involving a senior government minister and his son. Sources said both the Federal Bureau of Investigation (FBI) and the Internal Revenue Services (IRS) wer...
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Prime Minister remains mum on FIFA soccer probe

PORT OF SPAIN, Trinidad, CMC – Prime Minister Kamla Persad Bissessar says she will not be rushed into making any public statement on international reports that her National Security Minister Austin “Jack” Warner may be implicated in a Federal Bureau of Investigation (FBI) probe inv...
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RSS officials meeting in Antigua

ST. JOHN’S, Antigua, CMC – A one-day meeting of the Regional Security Council (RSS) of Ministers began here Wednesday amid concerns that some member territories were defaulting on the financial contributions to the regional security grouping. Canada’s High Commissioner to Barbados...
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Regional catastrophe risk organisation offering scholarships

St. John’s Antigua- The Catastrophe Risk Insurance Facility (CCRIF) is offering two scholarships for Citizens of the Caribbean Community (Caricom) and CCRIF member countries. The scholarships are for candidates desirous of pursuing a master’s degree in one of the areas identified below,...
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