(JAMAICA OBSERVER) -PRIME Minister Portia Simpson Miller says that one of the reasons behind her administration’s thrust to establish a medium-term macroeconomic programme with the International Monetary Fund (IMF) is to inspire confidence in the business sector. Continue reading
St Lucia Observes 33 years of Political Independence
CASTRIES, St Lucia (CMC) – St Lucia Wednesday observed the 33rd anniversary of its political independence from Britain with the traditional military parade and Prime Minister Dr. Kenny Anthony urging the nation to move boldly into the future. Continue reading
Eastern Caribbean Moving Towards Greater Integration

Sir K. Dwight Venner
(JAMAICA OBSERVER) – Deeper economic union is at the centre of the Eastern Caribbean’s attempts to build a platform for sustainable growth, the Governor of the Eastern Caribbean Central Bank said on Thursday.
But others may need to take a different path, warned Sir Dwight Venner. “Each country and region must establish its own trajectory on the way to accelerated growth.” Continue reading
PM Believes Grenada-Taiwan Dispute Should have been Settled out of Court
(TORONTO, Canada, CMC) – Prime Minister Tillman Thomas, who is here attending activities marking Grenada’s political independence from Britain 38 years ago, says the ongoing dispute between his island and Taiwan should never have reached the courts.
“This matter should have never reached the courts, had it been dealt with in an appropriate manner by the previous administration and, second, this is a matter between the statutory corporations and Taiwan, not the government of Grenada,” Thomas told a news conference over the weekend. Continue reading
Former Grenada PM George Brizan Dies at 69
ST. GEORGE’S, Grenada (AP) — George Brizan, who served briefly as prime minister of Grenada and help found the Caribbean nation’s ruling party, died here on Saturday. He was 69.
Prime Minister Tillman Thomas said Mr. Brizan died after a long battle with diabetes. Continue reading
Myrie v Barbados Government Has First Mention In CCJ
(JAMAICA GLEANER) – The case brought by Jamaican Shanique Myrie against the Barbadian government had its first hearing yesterday in the Caribbean Court of Justice.
The hearing, which was in the form of a case-management conference, was done by way of video link from the Supreme Court. Continue reading
In the National Assembly…The Opposition Behaved Reckless and Irresponsible
(GUYANA CHRONICLE) – Leader of the National Assembly, Prime Minister Samuel Hinds, has registered the government’s disappointment and astonishment at the events that unfolded during yesterday’s sitting, which saw the opposition’s refusal to approve four aspects in financial paper number 7 for supplementary provisions on Current and Capital Estimates.
In addition, the combined opposition also requested that financial paper number 8 be amended and resubmitted to the House, to allow for more transparency, since according to opposition members, the details of the project were not specified. Continue reading
Caribbean Tourism Records Growth In 2011
(JAMAICA GLEANER) – Warning that the region was not yet out of the woods, the Caribbean Tourism Organisation (CTO) has said the Caribbean recorded a rise in tourist arrivals in 2011 when compared to 2010.
The organisation is forecasting further growth this year. Continue reading
Contingency Plans: TT Government Gears for Strike by Workers in Oil Sector
(PORT OF SPAIN, CMC) – The Trinidad government rolled out a contingency plan on Thursday to keep fuel pumps running through the busy Carnival season as it tried to avert a strike that could shut down the state-owned oil company, Petrotrin, as early as Saturday, Energy Minister Senator Kevin Ramnarine said. Continue reading
Dookeran: Watch the Watchdogs
(TRINIDAD NEWSDAY) – Finance Minister Winston Dookeran has said Trinidad and Tobago must not blindly follow global watchdog agencies that lay down standards for the financial regulation, and then threaten to blacklist those small States that do not comply. Continue reading
Government Begins Talks On Republic Status
(JAMAICA GLEANER) -The Government says it has started initial discussions regarding Jamaica’s transition to republican status.
Minister with responsibility for Information, Sandrea Falconer, made the disclosure at yesterday’s post-Cabinet press briefing. Continue reading
USA Still Major Source Market for Region
(JAMAICA GLEANER) – The United States remains the major source market for the Caribbean, outpacing the UK, Canada and Latin America.
Statistics released by the Caribbean Tourism Organisation, showed the region recorded modest performances from all major source markets in 2011, but stop-over arrivals from the United States were up 1.7 per cent when compared to the previous year. Continue reading
President’s Remarks on Rigging Draws Angry AFC Response
( GUYANA CHRONICLE) – Alliance For Change (AFC) Leader Khemraj Ramjattan, speaking at a news conference held yesterday at the Sidewalk Café on Middle Street, Georgetown, expressed how ‘insulted’ he felt to have learnt of President Donald Ramotar’s statements that the AFC and ‘A Partnership for National Unity’ (APNU) had rigged the just-concluded general and regional elections. Continue reading
IMF Official has a Warning for Caribbean Economies

IMF Western Hemisphere Director Nicolas Eyzaguirre
WASHINGTON (CMC) – The director of the International Monetary Fund’s (IMF) Western Hemisphere Department Nicolas Eyzaguirre is warning that weaker world growth will affect economic activity in Latin America and the Caribbean.
Eyzaguirre said that the Washington-based financial institution has “sharply marked down” its forecast for world growth, “and it now expects a mild recession in the euro area.”
Concretely, the Fund expects the world economy to grow by just 3.25 per cent in 2012, three-quarter percentage points lower than its September forecasts, Eyzaguirre said. Continue reading
Antigua Set to Re-Engage WTO on Gaming Dispute
(ST. JOHN’S ANTIGUA) – Minister of Finance and the Economy, Honourable Harold Lovell, has announced that his government is working on preparations to re-engage with the World Trade Organisation in the long-standing dispute with the United States over international trade in remote gaming services. Continue reading


