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Nevis elects new political leader

Nevis elects new political leader

For the first time in 31 years the Concerned Citizens Movement (CCM) will have a leader who is not Vance Amory. St Kitts-Nevis Foreign Affairs Minister and Deputy Premier and Minister of Tourism, Health, Gender, Social Affairs, Social Development, Youth, Sports, Community Development and Culture in the Nevis Island Administration has been elected the new […]

Former Haiti president dies

Former Haiti president dies

Former Haitian President René Préval has died, his wife Elisabeth Delatour Préval confirmed to the Miami Herald. He was 74. Préval, who was president during Haiti’s devastating Jan. 12, 2010, earthquake, died at home in Laboule, a neighborhood in Port-au-Prince. His wife, who wasn’t with him, said she had spoken to him “three times” Friday […]

UPDATE-WEATHER-One dead in St Vincent

UPDATE-WEATHER-One dead in St Vincent

  KINGSTOWN, St. Vincent, CMC – A fourth form secondary school student died Wednesday night after he was crushed by a boulder as he tried to alleviate flooding in his home during the passage of Tropical Storm Matthew. Police have not released the name of the student of the Buccament Bay Secondary School, and Deputy […]

Experts debate banking problem  

Experts debate banking problem  

This week, the Commonwealth is convening a meeting of banks, financial gurus and global regulators to explore its report on solutions to a problem that is threatening development in vulnerable economies. The problem is “de-risking” – the growing trend of international banks to curtail relationships with local banks in vulnerable economies. These international banks are […]

CARICOM has eyes on banking fees

CARICOM has eyes on banking fees

Financial institutions and other service providers here can expect increased pressure within the next year on issues relating to pricing and competition, this time from a Caribbean Community (CARICOM) working group. Senior economist with the CARICOM Competition Commission Barry Headley said a group was being established to identify and address issues of concern to consumers […]

Derisking, the Caribbean-wide impact

Derisking, the Caribbean-wide impact

Barbados is among Caribbean international business centres impacted by a recent phenomenon known as ‘derisking”. What is de-risking? “De-risking” is an umbrella term used to describe strategies adopted by global banks to lower the overall risk exposure of their asset portfolio in response to tighter regulatory standards imposed by national and international regulatory bodies with […]

Caribbean leaders need vision – Inniss

Caribbean leaders need vision – Inniss

Minister of Industry, Commerce and Small Business Development Donville Inniss has made a strong appeal to Caribbean business and political leaders to talk less, act more and listen to the people they serve. Inniss chose his delivery of the feature address to the opening session of the Caribbean Association of Administrative Professionals Council meeting Sunday night […]

Nowhere to go!

Nowhere to go!

Stay in CARICOM because you are not welcome anywhere else and you have nowhere to go! That is the message which Minister of Industry, Commerce and Small Business Development Donville Inniss has for any Caribbean Community (CARICOM) country which may be contemplating leaving the 15-member grouping in similar fashion to the United Kingdom’s recent vote […]

Is CARICOM becoming Miracle Mike?

Is CARICOM becoming Miracle Mike?

These days Caribbean Community Summits come and go and hardly anyone in the region notices. Caribbean nationals’ suspicion of these meetings, having gone through a lengthy period of gestation, has fully matured into full-fledged aversion. They have come to expect little to nothing. They visualize the leaders sitting in a room, talking a lot, laughing […]

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