World Bank issues warning on growth

WASHINGTON, CMC – The World Bank has warned that growth in the Caribbean “will be held back” by large fiscal adjustments necessary to bring fiscal deficits to sustainable levels and help reduce public debt burdens. “Growth in the Caribbean continued to disappoint, deceleratin...
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LIAT takes to the skies with new planes

ST. JOHN’S, Antigua, CMC – The financially strapped regional airline, LIAT, Thursday announced it had taken possession of an ATR 72-600 aircraft as it upgrades its aging fleet. The airline said the French-manufactured ATR is being leased from the lessor GECAS (GE Capital Aviation Service...
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Questions for CARICOM after Biden, Xi visits

BRIDGETOWN, Barbados - NOW THAT United States Vice-president Joseph Biden and China’s President Xi Linping have completed their respective missions to engage Caribbean Community (CARICOM) partner states – via separate meetings in Port of Spain, Trinidad – it is of relevance to rais...
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Atoning for the Sins of Empire

WARWICK, England — THE British do not torture. At least, that is what we in Britain have always liked to think. But not anymore. In a historic decision last week, the British government agreed to compensate 5,228 Kenyans who were tortured and abused while detained during the Mau Mau rebellion ...
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Mandela’s legacy

PORT OF SPAIN, Trinidad - AS I write this Nelson Mandela is still with us. He may even still be living at the end of this year. But this is his fourth hospitalisation in six months, and the prognosis for 94-year-old men with persistent lung infections is not good. How will South Africa do without hi...
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OAS showcasing Caribbean art

WASHINGTON, CMC - The Organization of American States (OAS) has launched an exhibition of previously unseen works by Caribbean artists, titled “Groundation – Sources of Caribbean Artistry”. Hosted by the OAS Assistant Secretary General Albert Ramdin and curated by Jamaican author, ...
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What does the future hold for Clico?

PORT OF SPAIN, Trinidad - Many an insurance company fancies itself as being both an insurer (that is, a risk manager) and an investment manager of sorts. The main reason for this tendency is that they use the pre-paid portion of insurance premiums (both short-term and long-term) to invest. In some a...
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AG steps aside

PORT OF SPAIN, Trinidad - Attorney General Anand Ramlogan has temporarily relinquished his responsibilities for the Central Authority, paving the way for the police investigating the e-mail matter to seek foreign assistance if they need it. Sources said yesterday that Ramlogan wrote to the head of t...
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