NEW YORK, CMC - United States federal prosecutors have charged a powerful Caribbean American legislator with embezzlement.
New York State senator, John L. Sampson, who represents the largely Caribbean 19th Senatorial District in Brooklyn, had been charged with stealing funds from the sale of foreclosed properties and using the money to help finance his race for Brooklyn district attorney.
WASHINGTON, CMC – The International Monetary Fund (IMF) says Caribbean countries will experience economic growth of just over one per cent this year, even as Latin America and the Caribbean will record half a percent economic growth in 2013.
The IMF said that the growth will be supported by stronger external demand, favourable financing conditions and the effects of earlier policy easing in some countries.
WASHINGTON (Reuters) - North Korea’s continuing development of nuclear technology and long-range ballistic missiles will move it closer to its stated goal of being able to hit the United States with an atomic weapon, a new Pentagon report to Congress said yesterday. The report, the first version of an annual Pentagon assessment required by law, said Pyongyang’s Taepodong-2 missile, with continued development, might ultimately be able to reach parts of the United States carrying a nuclear payload if configured as an intercontinental ballistic missile.
WASHINGTON, USA — Fewer Americans are losing their jobs. Employers are struggling to squeeze more work from their staffs. The US is producing so much oil that imports are plunging, narrowing the trade deficit. A string of data Thursday raised hopes for stronger hiring and US growth in coming months. More jobs would spur spending and help energize the economy, which has yet to regain full health nearly four years after the Great Recession officially ended.
WASHINGTON (Reuters) – Twenty of the world’s most troubled countries have made progress in efforts that range from reducing poverty to improving the education of girls and cutting down on the deaths of women in childbirth, the World Bank said yesterday. The improvement is a big shift from just a few years ago for the 20 fragile and conflict-hit states.
BOSTON – There is no right way to react to a terrorist attack. Oklahoma City rebuilt after Timothy McVeigh’s 1995 truck bomb attack on the federal government.
Atlanta moved on following anti-abortion activist Eric Rudolph’s 1996 bombing of the Olympics. New York displayed staggering resiliency after the September 11 attacks. Boston, though, may have set a new standard.
WASHINGTON, CMC - Caribbean nationals who have been deported from the United States are returning illegally to the country, according to a report released by an immigration think tank.
Immigration Policy Center (IPC) said that new figures show that the number of United States federal prosecution cases against previously deported immigrants from the Caribbean and other developing countries is increasing nationwide.
It said that criminal prosecutions for illegal re-entry to the US increased from 7,900 in fiscal year 2000 to 35,800 in fiscal year 2010.
WASHINGTON, CMC - A new report released here says remittances to Latin America and the Caribbean (LAC) showed a slight increase in 2012 compared to the previous year.
The report, titled “Remittances to Latin America and the Caribbean in 2012: Differing Behavior among Sub-regions,” was released by the Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank (IDB). It said the region received a total of US$61.3 billion in remittances last year.
This amount represents a year-on-year increase of US$300 million, or 0.6 per cent increase from 2011.
ABOARD THE HIGHSPEED VESSEL SWIFT (AP) — Drug smugglers who race across the Caribbean in speedboats will typically jettison their cargo when spotted by surveillance aircraft, hoping any chance of prosecuting them will vanish with the drugs sinking to the bottom of the sea. That may be a less winning tactic in the future. The US Navy last Friday began testing two new aerial tools, borrowed from the battlefields of Afghanistan and Iraq, that officials say will make it easier to detect, track and videotape drug smugglers in action.
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 worked to develop institutional capacity and build fiscal buffers that they were able to use during the crisis, and now, all the hard work has paid off,” said IMF Deputy Managing Director Min Zhu told an IMF seminar.