BY KARENA BENNETT (Business reporter – jamaicaobserver.com) Jamaica moved up 0.57 per cent in its rating for starting a business to secure its place as the fifth best country in the world to open a business, according to the latest Global Banking and Finance Review. The island, rated at 97.3, was the only Caribbean country […]
BRIDGETOWN, Barbados (CMC) — The Barbados government has appointed international pop icon, Robyn Rihanna Fenty, as Ambassador Extraordinary and Plenipotentiary, with specific responsibility for promoting education, tourism and investment for the island. Prime Minister Mia Mottley said the government was honoured to be able to confer the title on the outstanding Barbadian singer who has […]
WASHINGTON, United States (CMC) – US President Donald Trump has extended the Trading with the Enemy Act, one of the legal grounds for the decades old economic, trade and financial blockade imposed by the United States on Cuba. This is the second time that Trump has extended the validity of the legislation that was first […]
BY Elizabeth Morgan. (jamaicaobserver.com) Since the start of this year, on several occasions US President Donald Trump has said that his favourite words are “reciprocal” and “reciprocity”. In trade, reciprocal means that both parties in a trade arrangement exchange preferential concessions for market access. Non-reciprocal means that only one party (the more developed country) unilaterally […]
GENEVA, Switzerland (CMC) — United Nations human rights experts are urging Caribbean countries to sign and ratify as quickly as possible, the Escazú agreement, described as a ground-breaking environment treaty for the region. The Economic Commission for Latin America and the Caribbean (ECLAC) said that the Regional Agreement on Access to Information, Public Participation and […]
ROSEAU, Dominica — Canada has announced two new initiatives totaling CAN$17.5 million to support post-hurricane reconstruction, build long-term climate and economic resilience, and further the advancement of gender equality in the Caribbean. Global Affairs Canada (GAC), in a release today, said this strategic move is due to Canada’s commitment to the working with regional partners. […]
By Balford Henry (JamaicaObserver) DANCEHALL artiste Sean Paul has joined sprint star Usain Bolt as one of the Caribbean’s accelerator ambassadors. Both were hand-picked as ambassadors for the coalition of global organisations, including the Inter-American Development Bank, World Bank and Caribbean Development Bank (CDB), that have joined Virgin Atlantic’s founder, Sir Richard Branson, to make […]
HAMILTON, Bermuda (CMC) — Bermudians were upgrading their storm supply kits as Hurricane Florence intensified on Wednesday to a powerful Category 3 storm packing maximum sustained winds of 125 miles per hour (mph) as it continued to drift towards the British Overseas Territory. Local forecasts suggest that Florence — the third hurricane of the 2018 […]
BRIDGETOWN, Barbados (CMC) – At least 12 producers from six Caribbean countries will exhibit their goods at the five-day Salon International de l’alimentation (SIAL) trade fair that opens in Paris on October 21. The Barbados-based Caribbean Export Development Agency (Caribbean Export) said that the producers will exhibit a range of exotic authentic sauces, natural food […]
Prime Minister Andrew Holness (second left) with (from left) Jorge Familiar, the World Bank’s vice-president for Latin America and the Caribbean; Usain Bolt, Olympian and an ambassador of the Caribbean Climate-Smart Accelerator Programme; and Sir Richard Branson, founder, Virgin Group. Occasion was the launch of the Caribbean Climate-Smart Accelerator programme at The University of the […]