ST. GEORGE’S, Grenada, CMC – China is providing more than US$4.8 million to Grenada under an economic and technical agreement, a government statement has said here. It said that the accord was signed by Finance Minister Nazim Burke and China’s Ambassador to Grenada, Xu Jianguo. “On behalf of the government, I wish to place on record our profound gratitude to the Government and people of the People’s Republic of China for its continued financial support in assisting us to meet the needs of our people,” Burke said.
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(de Ware Tijd) PARAMARIBO – Foreign Affairs Minister Winston Lackin confirms the European delegation in Suriname is about to leave the country. “I regret this decision and we are doing our utmost to keep the EU here in the current form.” Lackin says he was informed of the EU’s new plans a year ago. These plans include working from regional offices to cut costs.
PORT-AU-PRINCE, Haiti, /PRNewswire/ -- The governments of Haiti and Vietnam are demonstrating that South-South cooperation can lead to the fruitful exchange of resources, technology and knowledge. A series of significant agreements signed in late December 2012 provide the framework for a novel form of long term cooperation that will allow Haiti to address food security, one of its key challenges. The government of Haiti hopes that these agreements will enable Haiti to leapfrog development stages as it attempts to create a resilient agricultural production system.
CASTRIES, St. Lucia, Jan 4, CMC - Prime Minister Dr. Kenny Anthony says St. Lucia has the largest fiscal deficit in the Caribbean as he prepares to address the nation on Sunday on the economic challenges facing the island. "Where as other Caribbean states might have a fiscal deficit of seven to eight per cent of GDP (Gross Domestic Product), we are climbing up to 10 per cent. That’s a warning sign so we have really got to ensure that we bring it under some degree of control, and resolve those differences.
ST JOHN’S, Antigua – The US has protested to the World Trade Organisation (WTO) against Antigua & Barbuda’s attempt to enforce its annual 21 million US dollar judgement against Washington. The judgement was awarded by the WTO, which has declared US cross-border gaming laws illegal.
PORT OF SPAIN, Trinidad, CMC - The United States Wednesday said it had not requested any change to the parade route for this year’s Carnival celebrations, even as it “appreciated” the Trinidad and Tobago government’s commitment to security for diplomatic missions.
Carnival celebrations will climax with the street parade on February 10-11 and in a brief statement, the US Embassy here said that it had seen “reports about a request that the 2013 Carnival Parade route not pass by the U.S. Embassy”.
BRIDGETOWN, Barbados - Looking back, there were several issues last year that have been left hanging in the balance that one can only hope will be addressed this year.
GEORGETOWN, Guyana, CMC – Leader of the opposition grouping, a Partnership for National Unity (APNU), retired Brigadier David Granger says the opposition will not support a new security reform programme outlined by Home Affairs Minister Ckement Rohee earlier this week.
PORT OF SPAIN, Trinidad, CMC – The International Labour Organization (ILO) Wednesday said that new labour indicators for Latin America and the Caribbean portray a region that is experiencing its finest moment despite the crisis in other areas. “We now face the challenge of taking advantage of this platform to remedy deficits that dampen prospects for development,” said Elizabeth Tinoco, ILO Regional Director for Latin America and the Caribbean.
PORT OF SPAIN, Trinidad - The region’s fiscal balances for 2012 deteriorated compared to 2011, mainly due to increased public spending.
This according to the Economic Commission for Latin America and Caribbean’s (Eclac) report on the region’s growth prospects for 2013.
It said in Latin America, primary balances (before interest payments on the public debt) averaged a deficit of 0.3 per cent points of gross domestic product (GDP) compared to a surplus of 0.2 per cent in 2011.