KINGSTON, Jamaica - GRENADA plans to commence talks with its creditors to restructure its EC$2.2- billion public debt. Rising interest payments in the face of falling revenue and a high wage bill has prompted the government to miss an interest payment due this month. It is the second time that it ha...

KINGSTON, Jamaica - The Caribbean is not expected to carve out a larger piece of the travel and tourism industry over the next 10 years. The region is expected to maintain a less than two per cent share of the sector even while its contribution to GDP is projected to grow at an average annual rate o...

Panama City -- When Ernesto Argüello, a Honduran civil engineer, was 12 years old, he worked for his father for a month and used all his earnings to buy a pair of fancy sneakers on a family vacation trip. He was surprised his money didn’t buy more, but his father told him that some of the...

BRIDGETOWN, Barbados - Some Bds$100 million will soon be made available to Barbados and the Eastern Caribbean through an investment project funded by the European Union, in co-operation with a number of development banks. The Caribbean Investment Facility (CIF), which is due to be launched next week...

WASHINGTON, CMC – The International Monetary Fund (IMF) is providing Haiti with US$7.4 million after completing a review of the country’s performance under the Extended Credit Facility (ECF) earlier this month. The IMF said that the disbursement brings the total disbursements under the p...

KINGSTOWN, St. Vincent, CMC – Prime Minister Dr. Ralph Gonsalves is calling on Caribbean countries to establish a regional reparations committee, pledging to spend the rest of his life seeking compensation from the British for land, genocide against the Garifuna, and slavery. Prime Minister Go...

PROVIDENCIALES, Turks and Caicos Islands, CMC - Britain’s Foreign Secretary, William Hague has taken Dr.Rufus Ewing - the Premier of the Turks and Caicos Islands to task following a recent speech to Caribbean Community (CARICOM) heads of government. In a scathing letter Hague described the pre...

GEORGETOWN, Guyana, CMC – The Guyana Defence Force (GDF) Wednesday confirmed that four officers who sued Chief of Staff, Commodore Gary Best for allegedly refusing to pay them a one-month bonus, have been relieved of their duties with immediate effect. The GDF said the Defence Board issued the...

NASSAU, Bahamas, CMC – Health authorities here have announced a voluntary recall of Loratadine Syrup which is manufactured in India. A statement from the Ministry of Health said that the syrup is manufactured by Health 2000 Inc. and the batch numbers are being recalled are LB-1202 and LB-1212,...

St. John’s Antigua- Prime Minister Baldwin Spencer sent congratulatory remarks to the newly elected Pope Francis I referring to him as a “crusader” for the most vulnerable and indigent people of Latin America and the Caribbean. “As a member of the Caribbean and Latin American...