Op-Ed: What Barack Obama's New Immigration Policy Means for Jamaica
By David Rowe Op-Ed Contributor Jamaican-American citizens were positively surprised by US President Barack Obama’s bold move to permit young illegal immigrants to work and study in the United States. One of the major problems fueling crime in Jamaica is […]
Standard & Poor's Downgrades Caribbean Development Bank, Outlook "Stable"
Above: the bank, which had another ratings firm downgrade its credit, is based in Bridgetown (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has lowered its long-term issuer credit rating on the Caribbean Development Bank from AAA to […]
Haiti Gets $12 Million IDB Grant to Transform Country's Energy Sector
Above: Haiti’s hydro plant in Peligre By the Caribbean Journal staff Haiti’s is receiving a $12 million grant aimed at modernizing the Haitian energy sector, the Inter-American Development Bank announced Thursday. The funding, which is the second in a series […]
R Allen Stanford Gets 110-Year Sentence for Antigua-Based Fraud Scheme
Above: Casey Federal Courthouse in Houston By the Caribbean Journal staff Financier R Allen Stanford has received a 110-year prison sentence for orchestrating a 20-year investment fraud scheme in which he misappropriated $7 billion from his Stanford International Bank. The […]