March, 2009

Wanted: Economic stimulus plan for Caribbean

Jamaica’s Minister of Finance and the Public Service Audley Shaw yesterday called on the Inter-American Development Bank (IDB) and other multilateral development partners, to put in place economic stimulus packages for small, heavily indebted, and highly vulnerable economies like those in the Caribbean.

OECS to discuss WTO implications on economies

Officials from trade, agriculture and the private sector will meet in Roseau, Dominica this week to deliberate on the implications of the World Trade Organisation (WTO) negotiations for the Organisation of Eastern Caribbean States (OECS) and strategise for their continued participation. 

Sagicor sends home 43; but 65 more to go

A total of 108 workers at Sagicor Financial Corporation, one of the largest regional financial institutions, are being sent home as the company restructures its operations. Of that number, 43 were laid off yesterday, with the remaining expected to be made redundant soon.

ILO calls for urgent jobs pact

The Director-General of the International Labour Organisation (ILO) has called for a “Global Jobs Pact” to forestall a “prolonged and severe” jobs crisis that would lead to a massive increase in unemployment and working poverty.

Is Britain trying to recolonise the Caribbean?

In the wake of the British government’s decision to partially suspend the constitution of the Turks and Caicos Islands (TCI), politicians in this and other British Overseas Territories are worried that London has embarked on a process of “re-colonisation”.