PORT OF SPAIN, Trinidad, CMC – The Bankers’ Association of Trinidad and Tobago (BATT) has dismissed international media reports that Trinidad and Tobago is a known money laundering haven where anyone can stash millions of dollars and transfer funds to offshore accounts without being arre...

HAMILTON, Bermuda, CMC -- Bermuda and other British Overseas Territories (OTs) -- including five Caribbean islands -- have been summoned to a London summit this month as Prime Minister David Cameron seeks more transparency to end what he calls the “scourge of tax evasion”. Cameron has wa...

WASHINGTON, CMC – The International Monetary Fund (IMF) Wednesday said Antigua and Barbuda had successfully completed a multi-million dollar Stand By Agreement (SBA) despite “considerable challenges”. The IMF said the Baldwin Spencer government will receive an immediate disbursemen...

BRIDGETOWN, Barbados - We often say that tourism is our business and that is true since it is a major foreign exchange earner for our vulnerable open economy which needs foreign exchange to ensure its stability. Recent developments have, however, caused us some concern and the latest statistics do n...

NEW YORK, CMC – Senior Caribbean tourism officials are hoping for a turnaround in fortunes as the region Wednesday continued efforts to lure visitors to its shores. “We are truly convinced that high tide floats all boats and together by marketing the region ... collectively is extremely ...

BRIDGETOWN, Barbados - LAST MONTH Africa’s 54 leaders celebrated the 50th anniversary of the founding of the Organization of African Unity (OAU) – it became the African Union (AU) in 2002 – which had its origins in the struggle for decolonization and against apartheid. It was found...

ST. JOHN’S, Antigua - Five years into the global financial crisis, the US and global economies remain mired in a weak-growth, low-inflation, high-unemployment environment. Debt busts such as 2008-09 are hard to exit from, and recoveries are long and painful. However, three complicating factors...

BELMOPAN, Belize, CMC - Junior Finance and Economic Development Minister Santiago Castillo Junior, has been hospitalised after he was seriously injured in a cycling incident. Castillo, affectionately known at Santino, is an avid cyclist who owns and manages his own cycling team and actively particip...

GEORGETOWN, Guyana, CMC – The Guyana government has hinted that the long awaited Local Government elections may not take place this year and is blaming the opposition grouping, A Partnership for National Unity (APNU) for deliberately delaying the process. The state-owned Chronicle newspaper Tu...

BASSETERRE, St. Kitts, CMC – The former speaker of the Grenada parliament George McGuire says opposition legislators in St. Kitts-Nevis “played right into the hands of the Prime Minister” when they filed court action to force the Parliament to debate a motion of no confidence. McG...