Could Gardening Help with Food Prices?

By: - June 6th, 2011

Caribbean governments are encouraging citizens to plant their own gardens, in an effort to mitigate the impact of soaring food prices. Beatrice Buchanan, who lives in Kingston, Jamiaca, said her new garden is helping her to combat rising costs of food. “Believe me, if I didn’t’ start up this garden I’d be sruggling a lot more now with the market prices going up, up up,” she said. According to Florita Kentish, a coordinator for the U.N.’s Food and Agriculture Organization in Barbados, leaders in the region are “very concerned and seeking solutions as the electorate in many countries are on edge and agitated.” [AP via Washington Post]

Markets

Bahamas Oil Refining Company's $40 Million Expansion Underway

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Markets

REDjet's Burns: No Plans to Sue

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Markets

REDjet to CARICOM: Time for New Approach to Regional Air Travel

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Caribbean Joint Action Plan Commits $960 Million in First Year

The European Investment Bank By the Caribbean Journal staff The Caribbean Joint Action Plan, a collaboration between six leading development banks aimed at bringing the Caribbean out of the downturn, has totaled more than $960 million in commitments to private and public sector projects in the region in its first year. That number represents more […]

Fugro to Perform Bahamas Oil Survey

Global oil services firm Fugro will perform a high-resolution seabed survey of the licence areas belonging to the Bahamas Petroleum Company. The company has already performed a two-dimensional seismic program of its licences, which cover 15,676 square kilometers. “We are pleased to have signed this contract with Fugro and look forward to receiving the results […]

Air Jamaica, Caribbean Airlines Merge

The European Investment Bank By the Caribbean Journal staff The Caribbean Joint Action Plan, a collaboration between six leading development banks aimed at bringing the Caribbean out of the downturn, has totaled more than $960 million in commitments to private and public sector projects in the region in its first year. That number represents more […]

Jamaican Economy to Grow 1 to 2 Percent

The Jamaican economy could grow between 1 and 2 percent his year, according to the Bank of Jamaica. The growth will be driven by extensions in agriculture, mining and quarrying, along with hotels and restaurants. “The Jamaican economy has started to show concrete signs of recovery,” said BOJ Governor Brian Wynter. “Interest rates are at […]

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