PANAMA CITY, Panama, CMC – The Inter-American Development Bank (IDB) says world growth is likely to be suppressed below potential for several years to come, but Latin America and the Caribbean can escape this global outlook and boost growth significantly by adopting appropriate structural refo...

WASHINGTON, Mar.17, CMC – The Inter-American Development Bank (IDB) along with the People's Bank of China (PBC) have approved the China Co-financing Fund for Latin America and the Caribbean to support public and private sector projects that promote sustainable economic growth in the region...

Bridgetown—The Caribbean Development Bank (CDB) and the Caribbean Catastrophe Risk Insurance Facility (CCRIF) recently hosted a strategic donor meeting at the offices of the CDB in Barbados to discuss ways to support CCRIF’s new excess rainfall product and to coordinate with donors&rsquo...

BRIDGETOWN, Barbados, CMC - All is in place for Monday’s sitting of the Caribbean Court of Justice (CCJ) in Barbados to hear evidence in the case of Shanique Myrie, the Jamaican woman who took the Government of Barbados to court on allegations that she was assaulted by an immigration officer i...

The aid group Doctors Without Borders said last Tuesday that the cholera crisis in Haiti was getting worse, for the most unnecessary and appalling of reasons: a lack of money and basic medical supplies. The disease has killed 8,000 people and sickened 649,000 since October 2010. International effor...

PORT OF SPAIN, Trinidad, CMC – The state-owned Caribbean Airlines (CAL) recorded losses estimated at US$70 million last year, Finance Minister Larry Howai has said. He told the Senate on Tuesday that the figure does not include the US$40 million in fuel subsidy to the airline even though he in...

There’s a new political boss in Venezuela. So far, he’s acting just like the old boss. Hugo Chávez was purportedly still in his death throes last week when his designated political heir, eager to snatch the reins of power before anyone could stop him, signaled that he was just as...

GEORGETOWN, Guyana - For the sake of continuing warmth in the bilateral relationship between Guyana and Venezuela, the Government of Guyana has made all the right diplomatic moves. President Donald Ramotar led the delegation to Hugo Chávez’s state funeral last Friday, declaring a day of...

UNITED NATIONS, CMC – The United Nations on Wednesday, lauded the commitment Hugo Chávez to the cause of social justice in the Caribbean, as the General Assembly paid tribute to the memory of the late President of Venezuela. Chávez, a socialist firebrand, died on March 5 after st...

BRUSSELS, Belgium (AP) — Some 10,000 workers from across the European Union protested outside a summit of EU leaders yesterday, demanding they end years of austerity and focus instead on curbing runaway unemployment with more spending. The protest in frost and snow just outside EU headquarters...