KINGSTON, Jamaica - When we consider the state of many of the economics in the Eurozone and especially the recent near meltdown in Cyprus at the end of last month, many do contend that politicians are not at all economic managers. Some would insist that politicians - in Europe, the Caribbean and parts of Africa - have been extremely harmful to their countries' economies.
Member
GEORGETOWN, Guyana, April 4, CMC - Former Education Minister Rev.Dale Bisnauth died on Wednesday following a heart attack.
Bisnauth, 76, who was appointed Education Minister in 1992 also served as Minister of Labour, Human Services and Social Security.
Up until the time his passing he was the Chairman of the Board of Industrial Training.
ST JOHN’S, Antigua – Fewer, but more severe hurricanes, are predicted in the first major forecasts for the 2013 Atlantic Hurricane Season.
ImpactWeather has predicted this year could see fewer storms developing into hurricane strength, but more hurricanes intensifying to category 3 or higher.
The company normally offers advice to businesses in fields like oil and gas, petrochemical, healthcare and financial services.
ST JOHN’S, Antigua – Seven hundred and thirty-one local BAICO policyholders are slated to receive monies they have been awaiting for four years, in Phase II of the collapsed companies payouts. Local judicial manager for the defunct company, Cleveland Seaforth, said the governments of the Eastern Caribbean Currency Union (ECCU) gave permission to release payments for Phase II of their BAICO Policyholders Relief Programme on March 25.
CASTRIES, St. Lucia, CMC-A planned protest march by Civil Servants failed to materialise on Thursday, as organisers were not granted Police permission to take to the streets.
Acting Police Commissioner Errol Alexander said in planning their march the Civil Service Association did not conform with the Public Order Act, which requires that permission be sought three days ahead of a march.
He also said the organisers did not indicate in their letter the number of persons expected to participate in the march as required by the legislation.
KINGSTON, Jamaica, CMC - Ahead of Thursday’s presentation of the 2013/2013 Budget Debate, a local financial analyst is warning of major challenges on the horizon . With the Budget being tabled against the background of a not yet signed deal with the International Monetary Fund (IMF), financial analyst, Dennis Chung, believes it will be difficult for the Government to meet its revenue target. “My own feeling is that the country might have gotten to a point where you getting declining returns from new tax measures.
KINGSTON, Jamaica, CMC - The islandwide protest by doctors in the public health sector has stemmed from an impending reclassification exercise to be undertaken during the 2013/2014 financial year.
Health Minister, Dr. Fenton Ferguson who made this disclosure in Parliament on Thursday afternoon said he hopes the Ministry of Finance will deal with the reclassification issue swiftly to bring back normality to the public health service.
Protest action by the doctors has led to large crowds at public hospitals and clinics across the island.
KINGSTON, Jamaica - Most government ministries and departments will have to survive with less money this fiscal year as Finance Minister Dr Peter Phillips has kept his word and dramatically tightened the Government's spending plans.
Phillips yesterday tabled a spending plan for the 2013-2014 fiscal year which reflects huge savings on interest payments and debt repayment but still leaves ministries and agencies with less to spend when inflation is factored in.
KINGSTON, Jamaica, CMC – Governor General Sir Patrick Allen says the divestment of Public Sector assets and a major infrastructural project will be some of the areas of focus by the Portia Simpson Miller administration in this legislative year. “Through a managed privatisation process, the Government intends to make a renewed effort to dispose of some Public Sector assets to the Private Sector or the community, where it is determined that these assets would be more productively employed by them on a sustainable basis.
NASSAU, Bahamas, CMC – The Bahamas government says it will move to install emergency lights at the Mayaguana airport after an aircraft crashed into a vehicle killing three people on Thursday.
“As a result of this terrible turn of event the Ministry of Transport is now intervening to procure the immediate installation of emergency lights in Mayaguana and will thereafter install lights in Fresh Creek Andros and Stella Maris, Long Island,” Transport and Aviation Minister Glenys Hanna-Martin said in a statement..