IMF issues new estimates for economic growth in St. Kitts-Nevis

BASSETERRE, St. Kitts, CMC – The International Monetary Fund (IMF) Tuesday revised downwards the estimate of economic growth for 2012 in St. Kitts and Nevis. An IMF delegation, which has ended a one week visit to the island, downgraded the growth from minus 0.7 to minus 0.9 percent, reflectin...
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CDB raises US$300m to boost regional growth

KINGSTON, Jamaica - RBC Capital Markets, in conjunction with RBC Merchant Bank (Caribbean) Limited, has successfully placed a US$300-million amortising bond issue for the Caribbean Development Bank (CDB) to bolster regional development and stimulate economic growth. The 15-year fixed-rate bond bear...
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Grenada welcomes new ID system for sub-region

ST. GEORGE’S, Grenada, CMC – The Grenada government says it welcomes the new Multi-Purpose Identification System (MPID) for citizens of the Organisation of Eastern Caribbean States (OECS). A government statement said that the system provides a cost-effective, incremental approach to int...
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United Nations wants credible elections in Haiti

UNITED NATIONS, CMC – The United Nations Security Council is urging all political actors in Haiti to work constructively on priorities, including credible 2013 elections and security sector reform. The UN has also re-affirmed its commitment to the French-speaking Caribbean Community (CARICOM)...
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Experts: PM’s timing curious

BRIDGETOWN, Barbados - POLITICAL SCIENTISTS Dr George Belle and Peter Wickham yesterday weighed in on the announcement by Prime Minister Freundel Stuart that the general election will be on February 21. Dr Belle maintained that the election was “unnecessarily delayed”. &ldquo...
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Barbados to elect new government on February 21

BRIDGETOWN, Barbados, CMC – Barbadians go to the polls on February 21 to elect a new government ended months of speculation as to when Prime Minister Freundel Stuart would seek a new five year term in office. A Barbados Government Information Service (BGIS) statement said that Stuart, who took...
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Patterson’s warning for CARICOM

PORT OF SPAIN, Trinidad - TRINIDAD and Tobago, birthplace of our Caribbean Community (CARICOM), is currently gripped in customary annual Carnival mood. But for one of the best known politicians among former and current heads of government—Jamaica's PJ Patterson—the now almost 40-year...
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