PORT OF SPAIN, Trinidad, CMC – Sports Minister Anil Roberts says he will take legal action against several journalists and media houses as well as the chair person of his Congress of the People (COP) political party amid allegations that he was being investigated by the Director of Public Prosecution (DPP) in relation to a complaint of alleged misappropriation of funds at the Trinidad and Tobago Boxing Board of Control.
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ST. GEORGE'S, Grenada, CMC - Three former ministers of the opposition National Democratic Congress (NCD) will be appointed to the Senate to fill the three opposition seats in the Upper House of Parliament.
According to media reports, former Finance Minister Nazim Burke, former Education Minister Franka Bernardine and former Tourism Minister, Dr. George Vincent are set to receive their instruments of appointment from Governor General Sir Carlyle Glean.
BRIDGETOWN, Barbados - Throughout the ages, man has held water as the most precious natural resource on earth; and rightfully so, since water is the source of all life on this planet and, coincidentally, it is only on earth that one can find this liquid. For such a simple chemical structure, water has led to many complicated challenges with regard to its accessibility. There have been many a battle, conquests and political and social manoeuvrings in an effort to obtain water and ensure its continued availability.
CASTRIES, St. Lucia, CMC - Prime Minister Dr. Kenny Anthony says the Windward Islands Banana Production and Marketing Company (WINFRESH) has a “moral” obligation to ensure the survival of the banana industry in the St. Lucia, Dominica, Grenada and St. Vincent and the Grenadines. Addressing the opening session of the Windward Islands Agriculture and Bananas Technical Management Symposium, Prime Minister Anthony said WINFRESH has “a moral as well as practical duty to play its part in efforts to resuscitate banana production in the four islands.
BRIDGETOWN, Barbados - THE Caribbean Tourism Organisation (CTO) is charting the way forward in establishing and maintaining a well co-ordinated system of Tourism Satellite Accounts (TSAs) in the Caribbean.
The objective of the TSAs is to help strengthen the capacities of the governments to assess the impact of tourism on the Caribbean economies through accurate and timely provision of information, revealed Marisko Russell, Team Leader of the Inter-American Development Bank (IADB).
ST.GEORGE’S, Grenada, CMC - A senior Government Minister has announced that the Keith Mitchell administration secured a suspension of funds lifted by a major funding agency in Grenada.
Works Minister Gregory Bowen on Thursday announced that the Kuwait Fund has agreed to lift a suspension imposed on Grenada since February 2012 after the country failed to make payment on outstanding loan agreements.
Bowen said on coming into office, his first order of business was to get an update on the status of the negotiations with the agency.
26 CASTRIES, St. Lucia, CMC- Nearly eight months after its official launch the OECS Authority has scheduled a sitting of the OECS Assembly for March 26.
The Castries based OECS Secretariat has announced t hat in preparation for this sitting a seminar has been planned to facilitate discussion of the Rules of Procedure for the OECS Assembly and aspects of the Revised Treaty of Basseterre that support the work of the Assembly.
BRIDGETOWN, Barbados - The Estimates debate has taken pride of place during this week as the Lower House has debated the economy against the backdrop of the Minister of Finance’s presentation to the House. Perhaps the most important development has been the announcement by the Finance Minister that a stimulus of $600 million will be adopted as part of the Government’s plan to get the economy jump started.
KINGSTON, Jamaica, CMC - President of the Jamaica Chamber of Commerce (JCC), Francis Kennedy says it is highly unlikely that the country will seal a deal with the International Monetary Fund (IMF) before the end of next month.
On Tuesday Finance Minister, Dr. Peter Phillips said he was still hopeful that Jamaica's IMF programme will be approved before the end of this month and the timing of the approval is hinged on talks involving key multi-lateral agencies.
BRIDGETOWN, Barbados - ECONOMIC MADNESS!
That’s how economics Professor Michael Howard has described Government’s proposed $600 million economic stimulus, warning that the country simply cannot afford it.
And he has suggested that given the “weakness of our productive sectors, our large fiscal deficit, our sluggish tax receipts and our downgrade to junk status”, a policy of austerity and expenditure reduction was the better option.