KINGSTON, Jamaica - The discussion about increasing and sustaining economic growth in Jamaica must recognise that tourism will be the engine of economic growth in both the short and medium terms.
In the context of the downturn in the world economy, the tourism sector has done well, as is evident in the steady annual increase in the number of visitor arrivals, resulting in much needed foreign exchange, taxes and employment.
China
BEIJING — The devastating earthquake that struck southwest China over the weekend has drawn a flood of donations from across the country.
But in contrast to the pattern after a major quake in the same region five years ago, those eager to bolster relief efforts are looking to donate to private charity organizations, not to official groups that now have a reputation for corruption.
China is continuing a massive rescue operation in Sichuan province, deploying thousands of workers, after a powerful earthquake on Saturday. Rescue workers are using dynamite and heavy equipment to get through roads blocked by landslides to reach remote areas, reports say. But reaching these areas has been a struggle, with bad weather and powerful aftershocks contributing to delays.
Last month, China’s new president, Xi Jinping, chose Moscow for his first foreign visit. He and President Vladimir Putin announced a number of agreements and then traveled to Durban, South Africa, for the fifth BRICS summit, where they joined with the leaders of India, Brazil and South Africa to announce the creation of a new development bank that could challenge the dominance of the World Bank and the International Monetary Fund. The five leaders’ speeches referred to a shifting world order, and Xi said “the potential of BRICS development is infinite.”
WASHINGTON, Mar.17, CMC – The Inter-American Development Bank (IDB) along with the People's Bank of China (PBC) have approved the China Co-financing Fund for Latin America and the Caribbean to support public and private sector projects that promote sustainable economic growth in the region.
On Thursday the Regional HIV/AIDS task force will convene it's fifth meeting with the specific objective of formulating the plan of action for the European Commission-funded project aimed at strengthening the institutional response to HIV/AIDS/STI in the Caribbean. This meeting, which will be held at the Hilton Hotel in Port-of-Spain, Trinidad, is also the first of the project advisory group.
Heads of Government of the Caribbean Community (CARICOM) and CANADA, at their Sixth Summit Meeting at Montego Bay, Jamaica, on 19 January 2001,
Having considered recent developments in Belize-Guatemala relations;
Welcoming the fact that on 8 November, 2000 Belize and Guatemala signed an Agreement on Confidence Building Measures witnessed by the Permanent Council of the Organisation of American States;