CCRIF makes US$260,000 payout to Belize in face of Hurricane Earl
Grand Cayman, Cayman Islands — CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) paid US$261,073 to the Government of Belize under its excess rainfall insurance policy last Thursday, two weeks after heavy rains brought by Hurricane Earl drenched the…
Sir Ronald Sanders: Where has fight in developing countries gone?
By Sir Ronald Sanders The ease with which developed countries appoint heads of international and multi-national organisations (sometimes in the guise of an election) is not their achievement alone; it is also the fault of developing countries that let them….
Water is the biggest risk to the global economy
By Bob Bryan From Business Insider It doesn’t take long to draw up some crisis that could damage the global economy. China’s slowdown, ever increasing emerging-market debt, political instability in the Middle East, and the breakup of the European Union all…
St Lucia signs six million euro agreement with European Commission
From Caribbean News Now CASTRIES, St Lucia — Ambassador Mikael Barfod, head of the delegation of the European Union to the Eastern Caribbean Countries, the Caribbean Community (CARICOM) Secretariat and the Caribbean Forum (CARIFORUM) met with Dr Kenny Anthony, prime…
IFAC-backed conference to improve Caribbean PFM kicks off in Bahamas
By: Emma Rumney From Public Finance International Public sector and accountancy professionals have convened in the Caribbean in hopes of strengthening the region’s public financial management. The International Monetary Fund has praised the Bahamas for the successful implementation of a…
Building the skillsets of unemployed youth in the Caribbean
By Siobhan Pangerl and Elizabeth Boggs Davidsen From EconoMonitor More than one-quarter of the world’s 7.3 billion people are between the ages of 10 and 24, according to a recent UN Population Fund Report. That means there are more than…
Caribbean countries endorse effort to accelerate pro-growth reforms
From South Florida Caribbean News BELIZE – Twelve Caribbean countries endorsed today (March 1st) a joint communique to move forward on their pro-growth agenda. “This event is an important milestone for member countries of the Caribbean Growth Forum. Together with…
As climate change hits the Caribbean, partners collaborate to boost resilience and rejuvenate coasts
By Randall Brummett / World Bank Even before Hurricane Joaquin’s catastrophic flooding of South Carolina in October, the storm had hit ten islands of The Bahamas with brute force. On Crooked Island, 85 percent of the homes were destroyed. Over 36…
Dominican Republic’s economy most robust in Latin America, Caribbean region
From Fox News Latino SANTO DOMINGO, DOMINICAN REPUBLIC (AP) – The economy of the Dominican Republic grew 7 percent last year and established itself as the most robust in the Latin American and Caribbean region, officials said Wednesday. Central Bank…
Commonwealth secretary-general designate calls for conversation on LGBT rights
From Caribbean News Now PORT OF SPAIN, Trinidad — Commonwealth secretary-general designate, British Baroness Patricia Scotland, has called for the Commonwealth – including its Caribbean member countries – to have a conversation on lesbian, gay, bi-sexual and transgender (LGBT) rights….