Longest serving Governor of the Eastern Caribbean Central Bank dies

January 2, 2017 admin 0

The Eastern Caribbean Central Bank (ECCB) family deeply mourns the sudden passing of the Honourable Sir K Dwight Venner, the second and longest serving Governor of the ECCB, the Government of Grenada said in a statement today. The Government said: On behalf of the Chairman of the ECCB Monetary Council, Prime Minister the Honourable Gaston Browne, and all members of […More]

UWI degrees now accepted in China

December 22, 2016 admin 0

The University of the West Indies (UWI) has announced the official recognition of its degrees in China. In correspondence to The UWI Vice-Chancellor, Sir Hilary Beckles, dated December 15, 2016, His Excellency Ambassador Niu Qingbao, of the Embassy of the People’s Republic of China in Jamaica, affirmed The UWI’s status as an approved university by the Ministry of Education of […More]

CDB Approves US$436M For T&T

December 21, 2016 admin 0

The Board of Directors of the Caribbean Development Bank (CDB) has approved a country strategy for the Republic of Trinidad and Tobago for the period 2017 to 2021. The strategy proposes financial support of USD436.7 million from CDB. “This strategy underscores CDB’s longstanding commitment to helping Trinidad and Tobago achieve its development priorities,” said Dr. Justin Ram, CDB Director of Economics. […More]

Decriminalising marijuana a complex issue, says Barbados attorney general

November 28, 2016 admin 0

BRIDGETOWN, Barbados (BGIS) — Barbados will not be decriminalising marijuana just because other countries are doing so, without the proper supporting information on its effects, said attorney general, Adriel Brathwaite, who restated his position in the debate on legalising marijuana, during a recent meeting with Barbados’ ambassador to the United States, Selwin Hart. During the discussion, Brathwaite said Barbados had […More]

IMF staff completes 2016 mission to Antigua-Barbuda

November 12, 2016 admin 0

ST JOHN’S, Antigua — An International Monetary Fund (IMF) mission, led by Meredith Arnold McIntyre, visited Antigua and Barbuda during October 26-November 7 to conduct the 2016 Article IV consultation. At the conclusion of the visit, McIntyre made the following statement: “The economy is expected to expand by 3.7 percent in 2016, underpinned by the continued recovery in the tourism […More]

IMF committed to assisting Caribbean countries address challenges, says deputy MD

November 12, 2016 admin 0

By LK Hewlett PORT OF SPAIN, Trinidad (WINN) — The International Monetary Fund (IMF) has re-affirmed its commitment to working with Caribbean nations in addressing the challenges that stand in the way of securing strong, inclusive and sustainable growth. Caribbean prime ministers, finance ministers and central bank governors, donors, representatives from international financial institutions, and the private sector were recently […More]

Dominica baroness a regional embarrassment, says Antigua PM

November 8, 2016 admin 0

LONDON, England — Antigua and Barbuda Prime Minister Gaston Browne has described reports of profligate misspending and wastage by Commonwealth secretary general, Dominican-born Baroness Patricia Scotland, as an embarrassment to the Caribbean. Browne said that, instead of bringing benefits to the region, she brought shame, the Antigua Observer reported. He said the election of a real Caribbean person of great […More]

Guyana cannot afford a refinery, oil experts warn

November 8, 2016 admin 0

GEORGETOWN, Guyana — With a required 20 to 30 square kilometers of land somewhere along Guyana’s coastal belt to build a refinery, and a deep-water channel with a one kilometer width to access it from the Atlantic Ocean, leading minds in the oil exploration industry have told the Guyana Guardian that it will cost somewhere around G$900 billion dollars (about […More]

British Overseas Territories leaders meet in London

November 7, 2016 admin 0

LONDON, England — Leaders from the British Overseas Territories are currently in London, where they held a a successful meeting of the United Kingdom Overseas Territories Association (UKOTA) Political Council in preparation for meetings with the UK government at the Joint Ministerial Council (JMC). At the Political Council meeting, the overseas territories leaders discussed a number of issues, including economic […More]

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