WASHINGTON, USA — The International Monetary Fund (IMF) on Monday released the staff report prepared in connection with the approval of the rapid credit facility (RCF) for Haiti in the wake of Hurricane Matthew. On November 18, 2016, the Board approved Haiti’s request for a disbursement of 30.7125 million SDR (about US$41.6 million) in financial assistance under the RCF, to […More]
PORT AU PRINCE, Haiti — While the security situation in Haiti is “not perfect”, solid progress has been made over the past few years, the head of United Nations peacekeeping operations said, stressing that the Organization is considering a change in the mandate of the UN stabilization mission in the island nation, known as MINUSTAH. Wrapping up a week-long visit, […More]
A technology incubation programme that provides business support services for young entrepreneurs in Barbados, the Eastern Caribbean and Haiti is open for applications. The Caribbean Tech Entrepreneurship Programme (CTEP) is an initiative of the Caribbean Development Bank (CDB) and the World Bank Group, in partnership with the Caribbean Climate Innovation Centre. It tailors support for participants according to the stage […More]
Caribbean countries have made notable progress in making the shift to sustainable energy but more must be done to promote and unlock financing for a clean energy shift in the region. Representatives from the Caribbean Development Bank (CDB) made this point during the Fifth Caribbean Sustainable Energy Forum (CSEF-V) in Nassau, Bahamas, last week. Tessa Williams-Robertson, head of renewable energy […More]
The Caribbean region’s tourism growth potential in 2017 and beyond is enormous, but not without continued collaborative partnerships between the region’s public and private sectors. Delivering the opening address of Caribbean Travel Marketplace at Atlantis Paradise Island in The Bahamas yesterday evening, Karolin Troubetzkoy, President of the Caribbean Hotel and Tourism Association (CHTA), described 2016 as a year of mixed […More]
ST JOHN’S, Antigua — The West Indies Cricket Board (WICB) has appointed Australian, Stuart Law as head coach for the West Indies Senior Men’s Team. In a career spanning almost 30 years as a professional coach and player, Law was the batting coach for the Australian men’s team to Sri Lanka in 2016. Before that he was part of the […More]
Billionaire Antigua-Barbuda Diplomat ‘Disappears’ In Hong Kong ST JOHN’S, Antigua — One of Antigua and Barbuda’s economic envoys and diplomatic passport holder, Xiao Jianhua, a billionaire with ties to the Chinese government, has reportedly been abducted from his Hong Kong residence by Chinese police. Xiao, 45, was allegedly taken from his residence in a Hong Kong hotel and transported into […More]
By Deirdre Gittens BRIDGETOWN, Barbados (BGIS) — The most fitting testament of solidarity between Cuba and the Caribbean would be their active collaboration to strengthen the region’s domestic, regional and global agendas, said Barbados minister of foreign affairs and foreign trade, Senator Maxine McClean, at a cocktail reception on Tuesday to mark the 58th anniversary of the Cuban Revolution. McClean […More]
US Judge Temporarily Blocks Trump’s Travel Ban Nationwide SEATTLE (AP) — A U.S. judge on Friday imposed a nationwide hold on President Donald Trump’s ban on travelers and immigrants from seven predominantly Muslim countries, siding with two states that had challenged the executive order that has launched legal battles across the country U.S. District Judge James Robart in Seattle ruled […More]
TEHRAN, Iran — An Iranian man, who holds a diplomatic passport issued by Dominica and is accused of helping to embezzle billions of dollars while Iran evaded international oil sanctions, has been arrested after a lengthy international manhunt. Alireza Zibahalat Monfared, 43, was arrested by Interpol and handed over to Iran on January 15, 2017. Monfared is accused of involvement […More]
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