KINGSTON, Jamaica, CMC - Jamaica has received US$2.4 billion in funding support from Venezuela under the PetroCaribe agreement, since the facility was established in 2005.
Chief Executive Officer of the PetroCaribe Development Fund (PDF), Dr. Wesley Hughes, says the funds, allocated between July 2005 and January 2013, have financed projects, spearheaded at the community and national levels.
Jamaica
PORT OF SPAIN, Trinidad - On March 13, Chargé d’Affaires at the United States Embassy Thomas Smitham and Junior Achievement of T&T’s Chief Executive Officer, J Errol Lewis, signed a US$55,000 grant to pave the way for a project to provide business development training; mentorship and access to loans for young women. The grant was made available under the Women’s Entrepreneurship in the Americas (WEAmericas) Small Grants Initiative.
KINGSTON, Jamaica, CMC - Education Minister, Reverend Ronald Thwaites has warned that the educational achievement of students is being severely compromised by poor values and attitudes, with focus being placed on material possessions and popular culture rather than learning. “We idolise bling, extreme fashions, whatever the current notion of popularity is,” he said, noting that many parents and grandparents, by their own conduct, foster these negative values. Addressing the addressing the weekly meeting of the Rotary Club of Liguanea Plains Rev.
KINGSTON, Jamaica - For the last 200 years, the North — more specifically North America and Western Europe — dominated the world economy and was the engine of growth.
The Russian Revolution and its colonisation of Eastern Europe created the tripartite world of First (North), Second (Communist) and the South (colonies and poor independent developing countries).
That formation lasted until the Soviet Union imploded and Eastern Europe regained its independence, and thus the world reverted to North (developed countries) and South (developing or underdeveloped
The Caribbean Community (CARICOM) Secretariat received grant funding from the Inter-American Development Bank to support the development of the Caribbean Sustainable Energy Roadmap and Strategy (C-SERMS).
KINGSTON, Jamaica - DESCRIBING PRAISES being heaped on deceased Venezuelan president Hugo Chávez as Damascus-like, Government Senator K.D. Knight, last Friday, chided members of the Opposition who spoke in the Senate during a tribute to the fallen solider.
Knight argued that the Jamaica Labour Party (JLP), which now forms the Opposition, had never endorsed Jamaica's relationship with Chávez.
The JLP had called for a national demonstration in 2005 on the day Chávez and regional heads of government visited the island for a signing of the PetroCaribe agreement.
KINGSTON, Jamaica - The national airline, Bahamasair, recorded a loss of US$11.7 million last year compared with US$9.8 million in 2011, Deputy Prime Minister and Minister of Works and Urban Development, Philip Davis, has announced.
He said that for the period July-December 2012, the airlines revenue amounted to US$37.4 million, while expenses totalled US$49.1 million.
The increase in net loss has been attributed mainly to challenges associated with an aged fleet of aircraft along with increases in airport and fuel charges, Davis told legislators.
KINGSTON, Jamaica - HAS anybody noticed how unelected bodies like the International Monetary Fund, the European Union, the United Nations, World Bank and others are encroaching on the Legislative Agenda of some nations of the world? These organisations are able to determine what legislations are established, by tying their support, grants and loans to us, passing certain laws whether we the electorate know about them or not.
BRUSSELS, Belgium (AP) — Some 10,000 workers from across the European Union protested outside a summit of EU leaders yesterday, demanding they end years of austerity and focus instead on curbing runaway unemployment with more spending. The protest in frost and snow just outside EU headquarters vented frustration over spending cuts and tax hikes imposed by the bloc's governments to deal with the debt crisis.
KINGSTON, Jamaica - The Caribbean is not expected to carve out a larger piece of the travel and tourism industry over the next 10 years.