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Caribbean governments now insured against excess rainfall

From Caribbean Catastrophe Risk Insurance Facility Grand Cayman, Cayman Islands, August 4, 2014 – The Caribbean Catastrophe Risk Insurance Facility (CCRIF) is pleased to announce that eight of its members have become the first countries to purchase its excess rainfall…

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Jamaica gets US$20M to train 15,000 youth

By Nelson A. King From Caribbean Life The World Bank says about 15,000 young Jamaicans will benefit from training, digital work opportunities and seed investments to boost the digital and animation industries in the country as a result of a…

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The new Bank of BRICS: What’s in it for small economies?

By Sir Ronald Sanders From Huntington News It is news that should awaken the World Bank and the International Monetary Fund (IMF) from their complacent attitude toward developing countries.   It is also news that should confirm to the G20 that…

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Despite Tighter External Conditions, Latin America and the Caribbean Hold Steady

From The World Bank Remittances and Foreign Direct Investment provide more reliable flows Growth continues, albeit slow: 2.3% in 2014 Without productivity reforms the region could see social progress stall WASHINGTON – As international investors shift their focus back to…

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90,000 Inner City Jamaicans to benefit from improved services and crime prevention

By S Coward From World Bank WASHINGTON, March 14, 2014 – More than 80,000 Jamaican citizens will benefit from improved services, basic infrastructure and targeted crime and violence interventions in 18 vulnerable inner-city communities as a result of US$42 million…

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Caribbean women in business: a trend or paradigm shift?

From Pamela Coke-Hamilton Executive Director Caribbean Export March 7th, 2014  —  Across the globe and through the ages, women have experienced the disadvantages of existing in a patriarchal framework, which has designated them to a homemaker role, and continues to…

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Race on to save Caribbean banana industry from impact of climate change

By Desmond Brown From caribbean360 The banana industry is a valuable source of foreign exchange for several Caribbean countries, including Dominica. LONDONDERRY, Dominica, Wednesday February 26, 2014, IPS – When Dean, the first storm of the 2007 Atlantic hurricane season,…

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World Bank helping regional disaster preparedness and management

From Caribbean360 In the past year, over 80 countries received Global Facility for Disaster Reduction and Recovery assistance in the form of financial or advisory support. WASHINGTON D.C., United States, Tuesday February 4, 2014, CMC – As the Caribbean grapples…