Archive for 2011

Golding: LNG project not cancelled

PRIME Minister Bruce Golding said that Government’s liquid natural gas (LNG) project is going ahead despite the recommendation by Contractor General Greg Christie to stop the tender process for a re-gasification terminal and natural gas transportation system.

Cabinet is now to review the recommendations of the contractor general, said Golding.

  “The Contractor General has recommended that the tender process be aborted and that it be done over. That does not ...

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IMF Director’s Replacement Focuses On Business

News Americas, WASHINGTON, D.C., Fri. May 20, 2011: A day after accused sex offender, Dominique Strauss-Kahn, resigned as managing director of the International Monetary Fund, his replacement choose to focus solely on the business of the IMF.

Addressing the International Monetary Fund Annual Meeting of the Bretton Woods Committee, Acting Managing Director John Lipsky, Acting Managing Director, yesterday insisted that he’d like the focus to be “on how we can build a stronger global economy.”

The American-born Lipsky told the Committee that ...

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Crime Costing Mexico Investors

News Americas, MEXICO CITY, Mexico, Fri. May 20, 2011: Crime caused largely by drug-related violence is definitely costing Mexico the president of the National Private Security Council insists.

Alejandro Desfassiaux told Efe news service that their latest survey show that about 27 percent of businessmen are reconsidering their investments in Mexico.
He added that another16 percent have suspended investing and 8 percent are considering shifting investment to other countries.

Only 23 companies opened in 2010, while 3,000 had opened in 2007, Desfassiaux ...

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Dominica Director of Agri dies from Leptospirosis

The Government of Dominica has warned about an outbreak of Leptospirosis which has claimed the lives of the Director Agriculture on the island and another man, according to the Caribbean Media Corporation.

CMC said that the director Richard Allport, died from the disease this week.

The disease is most often transmitted in floodwater through contact with rat urine. Guyana had a serious outbreak of this disease in 2005 during the Great Flood.

“The Ministry of Health in Dominica wishes to inform the general ...

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IMF chief resigns

NEW YORK, (Reuters) – Dominique Strauss-Kahn has  resigned as head of the International Monetary Fund, saying he  needs to devote all his energy to fight charges that he sexually  assaulted a hotel maid.
Strauss-Kahn’s arrest in New York on Saturday dashed his  prospects of running for the French presidency in 2012 and has  sparked debate over the 65-year-old tradition that a European is  appointed as head of the Washington-based global lender.
“I deny with the greatest possible firmness all of ...

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Prime offered UN position

Grenada is poised to have a new Ambassador to the United Nations. Authoritative sources told THE NEW TODAY newspaper that Minister for Carriacou & Petite Martinique Affairs, Senator George Prime is tipped to replace Dessima Williams as the country’s new envoy to the world body.

According to a well-placed source, Prime Minister Tillman Thomas has already approached Prime on the issue and was waiting on a response from the senior member of the near three-year old National Democratic Congress (NDC) government.
Speculation ...

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Forestry Division to be made statutory body

Government yesterday said it plans to turn the Forestry Division into a statutory body to allow for a more effective operation as the conservation of forests is critical to the country.

This was announced by Minister of Housing and the Environment Dr Roodal Moonilal at the opening ceremony of a media workshop for a better understanding of watersheds and marine resources. The workshop was held at the Hilton Trinidad, St Ann’s.

Moonilal said his ministry was in the process of introducing a ...

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Economic growth will reduce poverty — Golding

Prime Minister Bruce Golding has said that getting the economy back on a path of growth is what will rescue Jamaicans from poverty.

Making his contribution to the Budget Debate in Parliament on Tuesday, Golding said that the Government will do everything possible to facilitate and accelerate that growth and that this is an area of focus for his Administration.

“The increase in the poverty level is directly attributed to the decline in the economy, loss of jobs and ...

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Haiti to inaugurate new president

PORT-AU-PRINCE, Haiti, May 13 (UPI) — Haiti’s new president, former musician Michel Martelly, will be inaugurated Saturday.

Workers were building wooden benches on the lawn of the National Palace, which was destroyed during last year’s 7-magnitude earthquake that killed an estimated 230,000 people.

“Everything is broken,” Daniel Supplice, head of Martelly’s presidential transition team, said in a Miami Herald report Friday. “But we don’t have a choice. The president has to be inaugurated either way. It has to be done. We have ...

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Public sector job cuts start this month

The minister said that axing of the thousands of public sector workers is now left to permanent secretaries and technocrats in the various ministries and agencies.

Vaz said the PSTU will be getting into the details in the coming days as they hold their own briefing to clarify some of the issues. The minister made it clear, however, that the PSTU will continue to act as an oversight body to see that the recommendations are implemented accordingly and will ...

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