UWI fallout
BRIDGETOWN, Barbados - A debt of approximately $200 million owed by the Barbados Government to the University of the West Indies – most of it to the Cave Hill campus – has started to have a negative impact and ripple effect on several operators within the business community.
DAILY NATION investigations have revealed that the Barbados-based campus which is celebrating its 50th anniversary this year appears to be struggling to pay its creditors and has racked up millions of dollars in unpaid bills.
Antigua to launch first renewable energy project
ST. JOHN’S, Antigua, CMC – The Government of Antigua and Barbuda has successfully partnered with several international groups and countries through the regional Caribbean Renewable Energy Development Programme (CREDP) project in launching the first renewable energy project on the island.
The 6-kilowatt photovoltaic power system at the Nelsons Dockyard Shirley Heights Lookout was aided by the Organization of American States (OAS), the European Union, and the governments of the United States of America and Germany.
Compensation must match US $21 million award
ST JOHN’S, Antigua – Antigua & Barbuda is unwilling to consider any monetary settlement below US $21 million annually to end the gaming dispute with the US, according to Finance Minister Harold Lovell.
Lovell said a one off US $10 million settlement, which was once put on the table by the US to end the gaming dispute between the two countries, was far off the mark.
AP Interview: Haiti eyes tourism, other businesses
DAVOS, Switzerland (AP) -- Haiti's prime minister says his country is hoping to attract high-end tourists and multinational investors — instead of constant aid handouts — so it can get on its feet after the devastating 2010 earthquake.
Prime Minister Laurent Lamothe said Saturday he recognizes that's an ambitious dream for a country where 52 percent of the people live below the poverty line and where infrastructure is desperately lacking.
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