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(Former) Minister: US fiscal crisis threatens small Caribbean economies

BAHAMAS - The inability of American lawmakers to agree on budgetary measures threatens small Caribbean economies, asserts a former finance minister.
"A US fiscal cliff can be an economic cliff for small states," contends Zhivargo Laing, a noted Caribbean economist and former finance minister for the Bahamas.
"Small Caribbean economies rely significantly on trade with the US, either through tourism or some other economic activity," he added "and especially share concerns about US economic and fiscal prospects."

Six MPs Swear to Vote in Favor of No Confidence Motion

BASSETERRE, St. Kitts -  In a letter sent to the Governor six MPs have sworn that they do not support the Prime Minister and will vote in favor of the No Confidence Motion.
MPs Dr. Timothy Harris and Sam Condor joined the four elected members of the Federal Opposition- Hon. Mark Brantley, Hon. Shawn Richards, Hon. Vance Amory and Hon. Eugene Hamilton- to affix their signatures to the letter to the Governor General , Sir Edmund Lawrence dated Tuesday, March 5.

Venezuelan diplomat denies wastage claims

ST JOHN’S, Antigua – Venezuela Ambassador Carols Perez Silva is dismissing claims in international media that the late President Hugo Chavez wasted state resources on charity for Antigua and Barbuda and other Caribbean states.
He says mischievous media, both in Venezuela and internationally is responsible for spreading that misconception.
Perez Silva says he expects Chavez deputy and now acting president, Nicolas Maduro to be successful in the upcoming by-election.

Former PM questions Venezuela’s loan arrangement with A&B

ST JOHN’S, Antigua – Former Prime Minister Lester Bird labelled the recently deceased Venezuelan president a “despot” and questioned the inner workings of Venezuela’s $200 million loan to the nation.
In an interview played on the Big Issues yesterday, Lester Bird said Hugo Chavez did not carry out “normal processes” of loaning money to Antigua & Barbuda through PetroCaribe and the Bolivarian Alternative of the Americas (ALBA).

On reminiscences of good times

ST. JOHN’S, Antigua - There is an old time saying that “You never miss the water ‘til the well runs dry.”
This is true and with the death of President Hugo Chavez of Venezuela, we have been left to speculate whether the special arrangements between Venezuela and Antigua & Barbuda will soon run dry.
Perhaps this is mere conjecture, but the question concerning the future of the bilateral agreements between the aforementioned countries has been a sore recurring decimal since a friend of our country lost his fight with cancer.

EDITORIAL - PetroCaribe and Jamaica’s energy future

KINGSTON, Jamaica - Last week's death of the Venezuelan president, Hugo Chávez, happened as the Jamaican Government was advertising its appointment of Dr Wesley Hughes, the former financial secretary, as manager of its PetroCaribe Development Fund.

The Caribbean after Chavez

KINGSTON, Jamaica - Seventeen countries of the Caribbean face a heightened period of economic uncertainty now that Venezuelan President Hugo Chavez has died. Twelve of the 17 Caribbean countries are members of the Caribbean Community (Caricom). They have become highly reliant on their oil supplies from Venezuela on a part payment-part loan scheme, called PetroCaribe, without which their difficult economic circumstances would be decidedly worse.

End of an era in region’s politics

BRIDGETOWN, Barbados - THE death of Hugo Chavez, who led Venezuela for the last 14 years, has brought to an end a type of politics that many would not have associated with a region on the doorsteps of the USA, were the global environment similar to what existed 40 or even 30 years ago.
It gives rise to the question whether the Western Hemisphere will see a similarly strong leader not only emerging, but becoming a thorn in the side of the United States, which has come to view this part of the world stretching from from Alaska to the tip of South America as part of its backyard.

No ball!

BRIDGETOWN, Barbados - West Indies Cricket Board (WICB) president Julian Hunte is unlikely to get the support of the Windward Islands Cricket Board of Control he once headed in elections later this month.
In a peculiar set of circumstances for the March 27 poll in Barbados, the Windwards seconded Jamaican Dave Cameron for president and Dominican Emmanuel Nanthan for vice-president.

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