A Jamaica government minister is insisting that the country can attract and retain Foreign Direct Investments (FDI) of US$2 billion a year and enjoy growth rates of over five per cent if it makes the right moves.
Some 70 per cent of Jamaican importers of goods and raw materials from the United States, will benefit from a US$10 million line of credit, which has been secured by the Export-Import (Ex-Im) Bank of Jamaica, as the financial crisis in the US and around the world deepens.
For the 17th consecutive year, the United Nations General Assembly has voted overwhelmingly against the United States embargo on Cuba, condemning the blockade and demanding an immediate end to it.
The results of the opinion poll published by the Observer newspaper in Jamaica last weekend perhaps underscore the feelings of most Caribbean nationals.
A slowdown in development across Barbados’ famed ‘platinum coast’ is one of the early casualties of the global recession tsunami now rushing up on the island’s shores.
Prime Minister Dr Denzil Douglas says the electoral reform process has seen the number of registered voters in the country cut by almost 40 per cent.
Former Haitian paramilitary leader, Emmanuel ‘Toto’ Constant, could spend as long as 37 years in jail for mortgage fraud.
Minister of Agriculture Dr Christopher Tufton says the world food crisis has forced investment in agriculture in Jamaica, and he’s pushing consumers to accept local food options as government promotes programmes to boost production and lessen the need for imports.
Almost two million Cubans affected by hurricanes Gustav and Ike – two of the worst disasters to strike the small island nation in the past 50 years – will receive vital assistance from the United Nations World Food Programme (WFP) over the next six months.
Five people were killed and another is still missing after a boat capsized on the Corentyne River between Guyana and Suriname.
The government of Bermuda is looking into the possibility of introducing casino gambling.
Officials from the Petroleum Company of Trinidad and Tobago Limited (Petrotrin) and the country’s fire service are expected to conduct an air quality inspection this morning before determining whether residents, evacuated after the eruption of a mud volcano in the south of the island, can return home.
Authorities in Jamaican are establishing an islandwide child-abduction alert system, expected to go into effect next month, on the heels of a recent spate of kidnappings.
Minimum wage earners in St Kitts and Nevis will be taking home bigger pay cheques from next month. After public consultations and a review of the country’s minimum wage, the government has agreed to increase that figure by 28 per cent.