KINGSTON, Jamaica - THERE is an unfortunate pride that is linked to owning national airlines in the Caribbean. It is a pride that goes before a fall. Successive Jamaican governments held on to Air Jamaica although the airline bled money and depended heavily on massive financial support from taxpayer...

PORT OF SPAIN, Trinidad - Trinidad and Tobago has now been challenged to entertain the prospect of a Jack Warner scenario that is still being scripted. Such is the outcome, first, of the unfolding of increasingly devastating revelations and events and, then, of his own calculating responses. His re...

PORT OF SPAIN, Trinidad - Prime Minister Kamla Persad-Bissessar said she was not pressured by any Government minister into accepting the resignation of former minister Jack Warner. The Prime Minister returned from Canada on Saturday night and said it was in fact the Concacaf findings and report by ...

BELMOPAN, Belize, CMC – Australia will use its expertise in guiding the Caribbean adapt to climate change and manage its coral reefs. Coral reefs provide benefits to the Caribbean valued at over four billion annually. The reefs of the Caribbean are of great importance in providing shoreline p...

PORT OF SPAIN, Trinidad - Confidence is low among Caribbean businesses, with only the largest companies reporting signs of an upward swing in prospects for the future, according new research. The Global Economic Conditions Survey from ACCA (Association of Chartered Certified Accountants) and the Ins...

ST JOHN’S, Antigua – After threats of sanctions and of ignoring United States copyright laws just a few months prior, Minister of Finance Harold Lovell is sounding the most optimistic he has in recent times that a settlement with the US over the online gaming issue will be reached. Lovel...

ST. JOHN’S, Antigua, CMC – A delegation from the International Monetary Fund (IMF) arrives here on Monday to review the operations of the multi-million dollar Stand By Agreement (SBA) the financial institution has with Antigua and Barbuda. A government statement said that the review, whi...

Remittances sent to Latin America and the Caribbean grew less than 1 percent in 2012 but showed larger increases in countries more dependent on money sent home by migrants living in the United States, according to an Inter-American Development Bank study released Monday. Last year, the region receiv...

WASHINGTON, CMC – The International Monetary Fund (IMF) says the Caribbean and other low-income countries are among the fastest-growing economies in the world, but warn that many remain vulnerable to shocks and spillovers from advanced and emerging markets. “Low-income countries have wo...

America GEORGETOWN, Guyana - With Nicolás Maduro’s narrow victory in Venezuela’s presidential election still being contested by the Venezuelan opposition, even though he has already been sworn in as president, there is a growing feeling that, with a majority of only 50.7 per cent ...