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Fitch Raises Jamaica’s Sovereign Rating, Citing Debt Exchange

Above: Kingston (CJ Photo) By the Caribbean Journal staff Fitch has raised Jamaica’s local and foreign currency default ratings to “CCC” from “RD,” the New York-based firm announced Friday. The “CCC” rating implies that default is a “real possibility,” however. […]

CTO: Caribbean Tourism Grew 5.4 Percent in 2012

Above: Dominica (CJ Photo) By the Caribbean Journal staff The Caribbean received nearly 25 million tourists in 2012, a 5.4 percent increase from 2011, according to data released by the Caribbean Tourism Organization. The region received its largest number of […]

Vaccinating Half of Haiti’s Population Could Stem Cholera Epidemic: Report

Above: cholera treatment in Haiti (UN Photo/Marco Dormino) By the Caribbean Journal staff Achieving just 46 percent vaccination coverage in Haiti could contain transmission of cholera in the country, according to a new report from University of Florida researchers. Cholera, […]

Hylton: IMF Agreement Will Not Impact Logistics Hub Project

Above: Kingston (CJ Photo) By the Caribbean Journal staff Any agreement Jamaica signs with the International Monetary Fund will not impact the country’s plan to develop a major logistics hub, Industry Minister Anthony Hylton said this week. “Not one foreign […]

Hyatt Aruba Continues With Renovations

Above: The Hyatt in Aruba By the Caribbean Journal staff The Hyatt Regency Aruba Resort Casino & Spa will open its new Mexicado eatery as part of a series of ongoing renovations, the company announced. Mexicado, billed as Aruba’s first […]

Grenada Tourism Minister: Visitors “Want More of Our History”

Above: Grenada (CJ Photo) By the Caribbean Journal staff The critical tourism issue in Grenada is getting visitors to spend more money during their stays, according to Tourism Minister Senator Dr George Vincent, and safeguarding the country’s intangible cultural heritage […]

Haiti’s Karibe Hotel Planning Expansion

Above: the Karibe Hotel By the Caribbean Journal staff Haiti’s Karibe Hotel in Port-au-Prince is planning an expansion, the hotel announced Monday. Hotelier Richard Buteau, who is also the vice president of the Haiti Tourism Association, has commissioned J/Brice Design […]

Simpson Miller: Jamaica “Spared the Worst” from Hurricane Sandy

Above: Jamaica PM Portia Simpson Miller By the Caribbean Journal staff Jamaica Prime Minister Portia Simpson Miller addressed the nation Thursday night following Hurricane Sandy, which led to one death in the country. Jamaica was still showing visible signs of […]

OAS Boosts Haiti Support

Above: OAS ASG Albert Ramdin and Rosny Desroches, Civil Society Representative of Haiti in Port-au-Prince (Photo: OAS) By the Caribbean Journal staff Haiti recently hosted a technical mission from the Organization of American States led by Assistant Secretary General Albert […]

Talking Caribbean Real Estate With Coldwell Banker’s Jim Reed

Above: the “Happy Ours” home on Harbour Island in the Bahamas (Listing: Coldwell Banker) While the Caribbean real estate market was impacted by the recession, it is beginning to show signs of growth. And at the centre of the regional […]

UN: “Haiti Is At a Crossroads”

Above: the UN’s ASG for Human Rights in Haiti (UN Photo/Logan Abassi) By the Caribbean Journal staff While Haiti is showing “encouraging signs of progress,” a number of challenges remain, particularly on the fronts of poverty and justice reform, according […]

In Cayman, the Future of Electric Cars

Above: the Wheego LiFe (CJ Photo) By Alexander Britell GRAND CAYMAN — It began with a small group of cars under a white tent just across from Seven Mile Beach in Grand Cayman — but it could herald the start […]

In Haiti’s Land of Canaan, a Promised Land Empty of Promise

Above: Canaan in Haiti By Kendi Zidor Haitian Press Agency Jeanne St Fleur spent more than two years living in a tent on the dusty hillside known as Canaan, in the northern end of Port-au-Prince’s metropolitan area. She moved there […]

Dominica Growing Small Business Sector

Above: Dominica (Photo: Dominica Tourism) By the Caribbean Journal staff Dominica’s small business sector is showing signs of growth, according to Tourism Minister Ian Douglas. The improvement comes along with concomitant growth in the tourism industry. Douglas said more than […]

Architects Competing to Design Grenada’s New House of Parliament

Above: the former building was destroyed in 2004 (CJ Photo) By the Caribbean Journal staff Grenada’s government has reached a short list of architects for the country’s planned new House of Parliament. According to Cecil Harris, Chief Technical Officer in […]

Grenada Ratifies Wetlands Convention

By the Caribbean Journal staff Grenada has ratified the Ramsar Convention on Wetlands. The convention is an intergovernmental treaty that provides the framework for international cooperation and national action to conserve and wisely use wetlands. Grenada’s first wetland site under […]

Christine Lagarde: Global Economic Crisis “Does Not Recognize Borders”

Above: IMF Managing Director Christine Lagarde By the Caribbean Journal staff The international community needs a cooperative policy response to economic challenges more than ever before, according to International Monetary Fund Managing Director Christine Lagarde. The IMF chief, who was […]

Grenada Seeks Solutions on Scrap Metal

Above: Grenada (CJ Photo) By the Caribbean Journal staff With reports of increased theft of copper cables from homes in Grenada and removal of copper pots and cannons from cultural heritage sites, the country’s government is seeking to find a […]

Fortuño: Puerto Rico Becoming “A More Attractive Place to Do Business”

Above: Governor Luis Fortuño By the Caribbean Journal staff Puerto Rico has become a “more attractive place to do business” with a reduced corporate tax burden for companies looking to invest in the island, Governor Luis Fortuño said at the […]

Op-Ed: Trinidad Falls Short of Leadership Potential on CCJ Decision

By Michael W Edghill Op-Ed Contributor This week, Trinidad and Tobago Prime Minister Kamla Persad-Bissessar announced that the Partnership government of Trinidad would move forward on a plan to abolish the appellate jurisdiction of the London-based Privy Council. It was […]

Bahamian Election Heats Up in Bimini

Above: two of the many political signs adorning Bimini’s main thoroughfare (CJ Photo) By Alexander Britell BIMINI — Large billboards dominate the landscape along King’s Highway, some artful, others strongly-worded. It’s election season in the westernmost district of the Bahamas, […]

Haiti and Dominican Republic to Hold Collaboration Talks in Santo Domingo

Above: Dominican Republic Planning Minister Temistocles Montas (OECD Photo/Natali Wyson) By the Caribbean Journal staff Haiti and the Dominican Republic will meet in Santo Domingo next week to coordinate initiatives on bilateral cooperation that were part of an agreement the […]

IDB Ramps Up Lending for Green Energy in Latin America and the Caribbean

Above: Green energy is growing in the region, with projects like the WindWatt Wind Farm in Nevis (CJ Photo) By the Caribbean Journal staff The Inter-American Development Bank is increasing its lending for private sector projects related to renewable energy […]

In Nevis, a New Home for Performing Arts

Above: the new Nevis Performing Arts Centre (Photo: NIA) By the Caribbean Journal staff Nevis is set to unveil a new home for the performing arts on the island. Premier Joseph Parry led a cabinet delegation to tour the new […]

Puerto Rico Shows Positive Growth, Unemployment Falls to Three-Year Low

Above: Gov. Luis Fortuño By the Caribbean Journal staff Puerto Rico’s Economic Activity Index grew 0.5 percent in December 2011, the first year-over-year growth since the recession began in 2006, according to the Government Development Bank for Puerto Rico. The […]

International Monetary Fund: Trinidad’s Economy “Turning the Corner”

Above: St Augustine, Trinidad By the Caribbean Journal staff Despite “ongoing technical disruptions” in Trinidad’s energy sector, the country’s economy is showing positive signs, according to the International Monetary Fund, which completed a visit to conduct the 2011 Article IV […]

Standard & Poor’s Lowers Credit Rating on Belize, Citing Politics

By the Caribbean Journal staff Standard & Poor’s has lowered its long-term foreign and local currency sovereign credit ratings on Belize to CCC+ from B-, with its outlook “stable.” The ratings firm pointed to an announcement by Prime Minister Dean […]

Cayman Gender Equality Law Takes Effect

By the Caribbean Journal staff The new Gender Equality Law in the Cayman Islands took effect earlier this week. The law, which was signed by Governor Duncan Taylor in October, seeks to eliminate sex and gender discrimination in employment, training […]

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