WASHINGTON, CMC – A new World Bank report predicts that in less than a generation, the Caribbean will be among developing countries dominating global saving and investment. The World Bank’s Global Development Horizons (GDH) report says that by 2030, half the global stock of capital, totaling US$158...

BELMOPAN, Belize, CMC - The man at the center of the destruction of a Maya archaeological site in northern Belize, Denny Grijalva, has expressed regret at the razing of the Noh Mul monument and has launched an internal investigation into the incident. In a statement issued on Wednesday, Grijalva sai...

NEW YORK, CMC – The Barbados-based Caribbean Tourism Organization (CTO) says a leading United States television and film star has partnered as the celebrity spokesperson for its 40th celebration of Caribbean Week in New York. Perhaps best known as the “Medical Examiner, Melinda Warner” on NBC’s lon...

PORT OF SPAIN, Trinidad, CMC – The United States candidate for the Inter-American Commission on Human Rights (IACHR), Professor James L. Cavallaro, has held talks with Caribbean Community (CARICOM) seeking support for his candidacy. CARICOM foreign ministers met here earlier this week under the chai...

PORT OF SPAIN, Trinidad - Vice-chairman of Caribbean Airlines (CAL) and WinTV executive chairman Mohan Jaikaran was hospitalised in New York, USA, following “heart complications.” Sunil Ramdeen, WinTV’s general manger, confirmed that Jaikaran had complications relating to his heart but he is now at ...

PORT OF SPAIN, Trinidad - The wings of Caribbean Airlines’ board have been “clipped” and a new board is on the horizon, expected to be announced shortly, government officials said yesterday. The development is now in the works after yesterday’s weekly Cabinet meeting, they added. The new board is t...

CASTRIES, St. Lucia, CMC-The Lucian People’s Movement (LPM), one of two opposition groups here is taking Prime Minister Kenny Anthony to task for stating that his government has delivered on an electoral promise to create thousands of jobs . "Not only is this far from the truth but also that Dr. An...

PORT OF SPAIN, Trinidad - President of the Caribbean Shipping Association (CSA ) Grantley Stephenson says corruption in international trade is impeding growth of the region’s maritime business. Speaking at Monday’s opening of the 12th Caribbean Shipping Executives Conference in Freeport, Bahamas, St...

BASSETERRE, St. Kitts, CMC – The International Monetary Fund (IMF) says the economy of St. Kitts and Nevis is projected to recover and grow by two percent in 2013 and that despite a challenging economic environment, the overall fiscal position through end-March 2013 was stronger than expected. The I...

BRADES, Montserrat, CMC - The United Kingdom says it is committed to the development of geothermal energy in Montserrat as the British Overseas Territory announced it will soon test a well to determine its capacity to generate geothermal energy. Department for International Development (DFID) Minist...