September, 2008

Guyana rejects corruption rating

The Guyana government has rejected a Transparency International (TI) report which suggests that Caribbean nation is perceived to be the second most corrupt country in the Caribbean Community (CARICOM).

Bahamas progressing in reaching MDGs

The Bahamas Prime Minister Hubert Ingraham has reported that the Caribbean nation is doing well in efforts to meet the United Nations Millennium Development Goals (MDG), revealing that it has not only achieved, but also surpassed, the goal regarding the elimination of poverty.

Haiti still facing a crisis

The United Nations World Food Programme (WFP) says it has provided enough food to feed half a million of the people in Haiti affected by recent hurricanes – half of them in the most affected city, Gonaives, which remains accessible only by air and ship – but there are concerns that efforts by various organisations and governments still do not meet the demand.

Bermuda eyes Tropical Storm Kyle

The government of Bermuda has put the island under a tropical storm watch as the 11th storm of the season formed and strengthened, giving indications it would become a hurricane over the weekend.

Regional approach suggested to economic challenges

The region is being urged to respond to impending global economic challenges just as the small islands in the Caribbean responded to collapse of the West Indies Federation with the creation of the Organisation of Eastern Caribbean States (OECS).

Jagdeo makes direct EPA appeal at UN

Refusing to give up on convincing the European Union to take another look at its Economic Partnership Agreement (EPA) with the Caribbean, Guyana’s President Bharrat Jagdeo has taken his case to the United Nations.

Jamaica tourism Minister defends AA guarantee deal

Jamaica’s Tourism Minister Edmund Bartlett has defended the government’s controversial US$4.5 million guarantee deal with American Airlines (AA), saying that with nearly 3,000 new hotel rooms to fill this year, the additional airlift which the carrier will provide is critical.

Overseas-based Jamaicans urged to invest at home

General Manager of Jamaica National Building Society (JNBS), Earl Jarrett, is urging members of the Jamaican Diaspora to look for opportunities to invest in their homeland, in order to facilitate personal wealth creation, and development of the country’s economy.

China to expand trade finance with region

The Inter-American Development Bank (IDB) has announced the incorporation of Bank of China as a Confirming Bank into the IDB Trade Finance Facilitation Programme (TFFP), further expanding its trade finance activities with Latin America and the Caribbean.

Caribbean officials to discuss digital economy

Public, private and civil society leaders from across the Caribbean will meet next month to explore the major issues shaping the Information Communication Technology (ICT) connectivity agenda for securing and advancing the region’s interest in the changing digital economy.