WASHINGTON, CMC – The International Monetary Fund (IMF) says there is no “single bullet” that will allow Caribbean countries to deal with their various problems such as high debt, low growth, mitigation of vulnerabilities and strengthening financial system.
The IMF said that growth in the Caribbean has stagnated in the last two decades, except in commodity exporters.
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BOGOTA -- Drugs, lies and murder plots. Venezuela’s compressed presidential campaign officially begins Tuesday in a race that will determine the future of the Andean nation after the death of President Hugo Chávez, who led the country for 14 years. But the accusations and innuendos being hurled between the two main candidates are threatening to turn this into one of the uglier races in recent memory.
NEW YORK- United Nations Secretary General Ban Ki-moon is urging Caribbean and other developing countries to keep alive the promise of the Millennium Development Goals (MDGs).
In a message marking 1,000 days before the target date to achieve what he described as “a vital moment in history’s largest and most successful anti-poverty push”, Ban said while a journey of a 1,000 miles begins with a single step ,“starting this week, we can march a thousand days forward into a new future”.
NEW YORK, CMC - A high-ranking New York Police Department (NYPD) officer has acknowledged setting monthly quotas for summonses, arrests and stop and frisks of Caribbean and other minority youths while heading a Brooklyn, New York police precinct.
“I set a standard that said do your job or suffer the consequences,” Deputy Chief Michael Marino admitted on the stand in Manhattan Federal District Court during a class-action lawsuit challenging the NYPD's controversial stop-and frisk tactics as racial profiling.
JOHANNESBURG (AP) — Nelson Mandela, the anti-apartheid leader who became South Africa's first black president, has been admitted to a hospital with a recurring lung infection, South Africa said today.
ST. JOHN’S, Antigua, CMC – Legislators from the Organisation of Eastern Caribbean States (OECS) have paid tribute to the late Venezuelan leader Hugo Chavez, saying that his vision had inspired millions all over Latin America and the Caribbean.
“The people of our region will never forget that President Chavez held out his hand in solidarity, brotherhood and friendship and made a real difference to their lives.
(CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana) (The Economic Partnership Agreement (EPA) Standby Facility represents a new paradigm for collaboration between Caribbean Forum of African, Caribbean and Pacific States (CARIFORUM) States and the European Union (EU), as does the Caribbean Community (CARICOM) Single Market and Economy (CSME) Standby Facility with respect to collaboration between CARICOM States and the EU.
NEW YORK, CMC - The United States financial services watchdog agency, the Securities and Exchange Commission (SEC) says it has charged a Bahamas-based broker-dealer among others in what it describes as “an international market manipulation scheme”.
The SEC said charges have been laid against Gibraltar Global Securities, a Bahamas-based broker-dealer; two San Diego, California attorneys and other participants in an international “pump-and-dump” scheme involving two publicly traded US companies, Pacific Blue Energy Corporation and Tradeshow Marketing Company Ltd.
UNITED NATIONS, CMC – Caribbean nations are participating in a full-scale tsunami alert exercise organized by the United Nations to test their reaction to a possible disaster.
The exercise organized under the auspices of the Intergovernmental Oceanographic Commission of the UN Educational, Scientific and Cultural Organization (UNESCO) a ficticious earthquake measuring 8.5 on the Richter scale will strike 90 kilometres off the coast of Oranjestad, Aruba, in the Caribbean Sea, generating a tsunami.
In the past few weeks there has been a lot of speculation in the Caricom and regional media about whether the PetroCaribe programme will survive without President Hugo Chávez.