BASSETERRE, St. Kitts, CMC – A senior member of the St. Kitts-Nevis government Wednesday urged the private sector to concentrate more on building trade relationships rather than engage in “questionable social and political battles”. International Trade, Industry, Commerce and Consu...

ST KITTS/NEVIS—The Eastern Caribbean Central Bank (ECCB) has rejected a suggestion by international ratings agency Moody’s Investor Services that the EC dollar should be devalued within the next five years. Moody’s had recommended that Caribbean territories devalue the currency or ...

BRIDGETOWN, Barbados, CMC – The Barbados government has described as “malicious and unfounded” reports that the island has held talks with the International Monetary Fund (IMF). Finance and Economic Affairs Minister Chris Sinckler has also rubbished suggestions that Barbados would ...

BRIDGETOWN, Barbados - The Caribbean region is likely to experience major storms and hurricanes this year during what is expected to be a busy hurricane season. This is according to the recently appointed Executive Director of the Caribbean Disaster Emergency Management Agency (CDEMA), Ronald Jackso...

CARACAS, Venezuela, CMC - The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) is urging regional countries to review and strengthen their institutions and instruments in order to maximize the contribution of natural resources to regional development, particularly in th...

PORT OF SPAIN, Trinidad - French Ambassador Jacques Sturm said yesterday that there was no “blacklist”. “What you have heard about is a list that comes from the France Development Bank (AFD). It is working list for banking procedures. It is not an official list of the French govern...

PORT OF SPAIN, Trinidad - There is no basis for the “blacklisting” of Trinidad and Tobago by France, Minister of Foreign Affairs Winston Dookeran and Minister of Finance Larry Howai said yesterday. In a statement Howai said: “I question the legitimacy of this categorisation of Trin...

PORT OF SPAIN, Trinidad - Government will explore energy market expansion with the Chinese delegation which arrives in T&T tomorrow, Energy Minister Kevin Ramnarine has said. Speaking at yesterday’s post-Cabinet media briefing, Ramnarine acknowledged T&T will have to seek new markets f...

PORT OF SPAIN, Trinidad (CMC) – China’s President Xi Jingping arrives in Trinidad on Friday for a three-day visit during which he will meet with Caribbean Community (CARICOM) leaders. The visit follows that of the United States Vice President Joe Biden earlier this week and according to ...

PARIS—The recession in Europe risks threatening the world’s economic recovery, a leading international body warned yesterday. In its half-yearly update, the Organisation for Economic Cooperation and Development (OECD) said that protracted economic weakness in Europe “could evolve i...