October, 2008

Guyana torture claims taken to international community

The Guyana Human Rights Association (GHRA) wants the international community to get involved in forcing the Caribbean country to improve how they treat criminal detainees. The group is calling for agencies to make that improvement a condition of receiving further funding.

Offshore banking centres across Caribbean under threat

Scores of offshore banking centres across the Caribbean are facing their most serious challenge yet in the wake of the global financial meltdown. In fact, a leading financial analyst on the global recovery front is predicting that “traditional” offshore deposit-taking is going to be a dead industry in 10 years.

Probe into fatal boat accident

An investigation will be carried out into the boating accident on the Corentyne River between Guyana and Suriname, that left six people dead a week ago, and government officials say an interim report on the incident should be ready soon.

Using the old to fight the new

A suggestion is being made that the Caribbean build on old crime fighting strategies to develop new ones as the region struggles to fight increasing crime levels that have created other problems within Caribbean Community (CARICOM) countries.

Jamaica teachers paid closer to market value

The Jamaica Teachers’ Association (JTA) and the government have officially signed off on a wage and fringe benefits package that will see salaries increased to 80 per cent of the existing private sector market.

Cuba-US thaw fuelled by oil?

The discovery of a significant offshore oilfield in Cuban waters in the Gulf of Mexico could persuade the United States to modify its policy towards the Caribbean island nation, experts say, while warning that this possibility could also entail risks.

BHP-Billiton pulling out of Suriname

The world’s largest mining company, BHP-Billiton, has cancelled the US$727 million development of a bauxite mine in Suriname and says it will pull out of the country altogether within the next two years.

Credit unions could pull Barbados through crisis

In the midst of the global economic turmoil, the credit union movement in Barbados has been told that it may hold the key to weathering the economic crisis as the island braces for the negative fallout from the credit crunch in some overseas markets.