Venezuela devalues currency amid dollar shortage

CARACAS, Venezuela — Venezuela’s currency devaluation took effect on Wednesday amid questions about how the government can get a grip on 22-per cent inflation and satisfy growing demand for dollars to pay for imported goods. Some economists predict that the devaluation won’t solve ...
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Economist: T&T $$ in no danger of devaluation

PORT OF SPAIN, Trinidad and Tobago, Guardian -T&T is not in danger of a devaluation of its currency as just happened in Venezuela because the two foreign exchange regimes are different, a University of Trinidad and Tobago (UTT) economist and International Relations lecturer, who asked not to be ...
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WI’s women ‘success’ no overnight achievement

PORT OF SPAIN, Trinidad and Tobago, Guardian - Beating Australia at any form of cricket is always a major triumph and West Indies’ women conquered that particular challenge wonderfully well in the International Cricket Council’s Women’s World Cup semifinal to earn a berth in Sunday...
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Sacrifice demands that Gov’t lead by example

KINGSTON, Jamaica, Observer- IT'S heavy — this $16 billion in new taxes being imposed on us by the Government. There is no doubt either that it will hurt most Jamaicans. After all, many of us, particularly PAYE workers, are already overtaxed. The fact, though, is that the Government has li...
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$45-m crop programme to help counter effects of drought

KINGSTON, Jamaica, Observer - MINISTER of Agriculture and Fisheries Roger Clarke this week announced a $45-million crop production programme as part of the Government's drought-mitigation initiative for the sector. The programme, he said, will provide for the establishment of 645 hectares of sel...
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Jamaica Tourist Visitors Hit New Record

KINGSTON, Jamaica, Gleaner - Visitor arrivals by air and sea hit a record 3.3 million in 2012, up 7.4 per cent year-on-year, according to newly released tourism data. Arrivals in 2011 amounted to 3.07 million. Tourist visits also hit the three million mark in 2006. The bulk of last year's increa...
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Opposition chides IMF

KINGSTON, Jamaica, Observer - THE Opposition Jamaica Labour Party (JLP) has chided the International Monetary Fund (IMF) for supporting what it described as the Government's 'scandalous raid' on the National Housing Trust (NHT) for $11 billion annually to fund the country's debt, as ...
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Dengue worry in Barbados

(Barbados Nation) There has been a worrying spike in dengue cases so far this year. And the Ministry of Health views the situation so seriously that it has issued a bulletin to doctors, reminding them to report any suspected cases of the disease. In the bulletin, the ministry revealed that six peopl...
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