CAYMAN - Progressives to form new government on Wednesday

(CARICOM News Network) Following its decisive victory in last Wednesday’s general elections, leader of the Progressives Party Alden McLaughlin has revealed a partial list of his new Cabinet members. In addition to being Premier, Alden McLaughlin will also serve in a new portfolio as Minister o...
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St Vincent PM calls for regional meeting on reparations

(CARICOM News Network) St. John’s, Antigua- Prime Minister of St Vincent & the Grenadines Dr Ralph Gonsalves has offered his home nation as a possible location to host a meeting of an exploratory committee on reparations. “I am suggesting a special regional conference on reparations,...
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‘Local banks working with US to beat tax evasion’

PORT OF SPAIN, Trinidad and Tobago, Express -Local banks are on track to being compliant with US tax legislation, the Foreign Account Tax Compliance Act (FATCA), by next year’s deadline, Bankers’ Association president David Dulal-Whiteway said yesterday. FATCA was enacted in the US Congr...
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ECCB Rules Out Devaluing EC Dollar

(CARICOM News Network) St. Kitts and Nevis (WINN): The Eastern Caribbean Central Bank (ECCB) has ruled out devaluing the EC dollar within the next five years. The Bank’s Managing Director, Jennifer Nero has made it clear that devaluation is not on the cards. She confirmed that there has been &...
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For VP Biden, a plain-talk welcome

PORT OF SPAIN, Trinidad and Tobago, Express - US vice-president Joe Biden has come all the way to Trinidad and Tobago, via Bogota, Colombia, surely having been briefed on matters topping the agenda of US-Caribbean relations. The veteran US senator, now second in command to President Barack Obama, ca...
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Chamber president: SMEs making big contribution to GDP

PORT OF SPAIN, Trinidad and Tobago, Guardian - The Small and Medium Enterprises (SME) sector is now making a bigger contribution to the economy of T&T, Moonilal Lalchan, president, T&T Chamber of Commerce, said yesterday. “Statistics show that at the end of 2011, the over 20,000 SME&rs...
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Fire on Royal Caribbean cruise ship cuts short Bahamas trip

(Reuters) – Fire aboard a Royal Caribbean cruise ship forced it to dock at Freeport, Bahamas, yesterday, with all passengers and crew safe but the rest of the trip cancelled, the cruise company reported. Grandeur of the Seas, operated by Royal Caribbean Cruises Ltd, was on a seven-night trip t...
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Is the IMF programme really Jamaica’s last chance?

KINGSTON, Jamaica, Observer- ON Monday, the UK's leading Financial newspaper, the Financial Times (FT), had an article headlined "IMF bailout looks like last chance for Jamaica". The newspaper quoted what it described as a senior official involved in the talks as saying: "It's a high-risk pr...
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