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US vice president scheduled to visit Trinidad to meet CARICOM leaders

Foreign Affairs Minister Winston Dookeran was quoted as saying the visit is aimed at improving relations and cooperation with Trinidad and Tobago and Caribbean Community (CARICOM) leaders.
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Caribbean economies expected to grow according to IMF

In its Regional Economic Outlook for the Western Hemisphere, the IMF said that the Latin America and the Caribbean countries would experience growth from three per cent in 2012 to 3.5 per cent this year....
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Lowering debt, establishing durable growth critical to Jamaica's recovery - IMF

The IMF Mission chief said the Portia Simpson Miller led administration is making an effort to address the challenges of low growth, high debt and diminishing competitiveness. ...
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Psychometric testing an affordable way to assess Caribbean creditworthiness

Developed by Harvard’s Entrepreneurial Finance Lab Research Initiative, the IDB said psychometric testing for credit assessment is automated, costs little, and has already been implemented by financial institutions in 11 countries....
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The Bahamas tops Caribbean list for wealthy US visitors

The survey sought to understand the plans of affluent Americans in the areas of travel, recreation and the purchase of vacation homes....
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Fears escalate among Caribbean resort investors

Several investors are facing the possibility of losing their own homes in the cash-strapped Harlequin Property debacle....
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Jamaica opposition leader describes budget as "uninspiring"

Holness described the Prime Minister’s presentation, in which she announced a number of initiatives, including rewarding public sector workers with incentives through the National Housing Trust (NHT), as “uninspiring”....
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Jamaica to receive US$932 million loan from IMF

The IMF said the approval enables an initial disbursement by the Washington-based financial institution of US$207.2 million....
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Caribbean bank accounts come under scrutiny of IRS

The Department of Justice has identified the bank as the Canadian Imperial Bank of Commerce FirstCaribbean International Bank (FCIB). ...
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Information technology can boost Caribbean economies - study

Drawing on country reviews over several countries and citing other evidence, the study suggests governmental actions that can promote local IT-sector development through public procurement....
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Grenada receives World Bank praise

The World Bank said Grenada urgently needed to create the conditions to ensure the recovery of the domestic private sector, sustain economic growth, and support the generation of fiscal revenues to finance Government programs and control the level of public debt....
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Two per cent growth predicted for Caribbean economies - ECLAC

ECLAC said regional countries will grow, on average, by 3.5 per cent in 2013, thanks to buoyant internal demand and the improved performance of some countries....
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First Citizens Investment Services receives award for service excellence

The St. Lucia-based investment company is the sister firm of First Citizens Investment Services (Barbados) Ltd., and of First Citizens Bank, which opened its doors in Barbados in 2012.
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“New record high” of foreign direct investment in Caribbean - ECLAC

ECLAC predicts that this year's FDI inflows to the region will range between a fall of three per cent and a rise of seven per cent.
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Salary increases on the way for St Lucia public servants

Government said that the increase will be a one per cent in the first year followed by a 1.5 per cent hike for the remaining two years.
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LIAT to present legal opinion summary to Trinidad prime minister

The shareholder governments have complained that the Port-of-Spain subsidy to CAL is a violation of the Revised Treaty of Charguaramas that governs the regional integration movement.
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Caribbean Airlines records estimated losses of US$70m

Caribbean Airlines, which began operations in 2007, acquired Air Jamaica in 2011. The Jamaican Government has a 16 per cent stake in the Trinidadian air carrier.
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Caribbean governments need to modernize tax system - study

The study argues that taxation is largely viewed in the region as a means of generating income to pay governments’ bills, rather than as a valuable instrument to achieve important development goals.
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St Lucia budget aims at reducing subsidies on basic food commodities

Prime Minister Dr. Kenny Anthony told legislators that the budget, which he described as “realistic” and meeting the socio-economic challenges of the country “head on.”
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Jamaica uncovers scheme involving PETROTRIN oil products

Industry, Investment and Commerce Minister Anthony Hylton told parliament the scheme was brought to the attention of the Portia Simpson Miller administration by the private sector.
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St Lucia economy contracts by almost one per cent in 2012

Prime Minister Anthony blamed the decline on reduced activity in the construction, distributive trade, transport and communications sectors.
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Liat shareholder governments to meet in Barbados

Gonsalves has in the past said he wants to engage in discussions, not a fight with Trinidad and Tobago over the fuel subsidy Port-of-Spain provides to CAL.