Search Result for: obligation

88 results found.

Venezuela: United Nations Concerned Over Renewed Violence

By the Caribbean Journal staff The United Nations is expressing its concern over renewed violence in Venezuela, the world body said earlier this week. The UN’s Human Rights Office said it was concerned at the reported “excessive use” of force […]

United States Government: UN “Absolutely Immune” in Haiti Cholera Suit

Above: United Nations headquarters in New York (Photo: UN) By Alexander Britell All of the defendants in the Haiti cholera lawsuit are “immune from legal process and suit,” US Attorney for the Southern District of New York Preet Bharara wrote […]

Moody’s Follows S&P, Downgrades Puerto Rico to Junk Status

Above: San Juan (CJ Photo) By the Caribbean Journal staff Moody’s Investors Service has downgraded the general obligation of the Commonwealth of Puerto Rico to Ba2, or “junk” status, the New York-based firm announced Friday. The move follows a similar […]

Puerto Rico Rating Downgraded to Junk Status By Standard and Poor’s

Above: San Juan (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has lowered its rating on the government of Puerto Rico’s general obligation debt to junk status, the New York-based ratings firm announced Tuesday. The firm lowered Puerto […]

New Director for Haiti Hotel School

Above: new Ecole Hôtelière d’Haïti Director Sandra Tanis (left) (Photo: MT Haiti) By the Caribbean Journal staff The Haiti Hotel School (l’Ecole Hôtelière d’Haïti) has a new director, Sandra Tanis. The school, which relaunched at the end of 2011, is […]

CARICOM’s LaRocque Urges Dominican Republic to “Right the Wrong”

Above: CARICOM Secretary General Irwin LaRocque By the Caribbean Journal staff CARICOM Secretary General Ambassador Irwin LaRocque is urging the Dominican Republic to “right the wrong” resulting from the country’s controversial ruling on citizenship. The ruling, which retroactively stripped thousands […]

Why the Caribbean Needs to Go Green

Above: a wind farm in Nevis (CJ Photo) By Michael W Edghill CJ Contributor NO, THE FOCUS of the following is not going to be on the impending doom of global climate change and the peril that island nations will […]

CARICOM to Suspend Consideration of Dominican Republic’s Bid For Membership

Above: Trinidad Prime Minister Kamla Persad-Bissessar By the Caribbean Journal staff Using its strongest language to date, the Caribbean Community issued a stern statement Tuesday condemning the recent Constitutional Court decision in the Dominican Republic that could strip hundreds of […]

Cayman Islands, United Kingdom Sign “FATCA-Type” Agreement

Above: UK and Cayman Islands officials (Photo: Ministry of Financial Services) By the Caribbean Journal staff The Cayman Islands and the United Kingdom signed what the former called a “FATCA-type” agreement on Tuesday. The agreement paves the way for Cayman […]

S&P Affirms Rating on Puerto Rico; Outlook Remains Negative

Above: San Juan (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has affirmed its “BBB-” rating on the Commonwealth of Puerto Rico’s general obligation and appropriation debt, the New York-based ratings firm announced on Wednesday. The rating reflected […]

UNICEF Warns of Dominican Republic Citizenship Ruling’s Impact on Children

Above: the National Palace in the Dominican Republic By the Caribbean Journal staff A recent ruling by the Dominican Republic’s Constitutional Court that could deprive hundreds of thousands of Dominican-born Haitians of their citizenship could have a “devastating impact” on […]

Trust and Development in Jamaica

By Dennis Chung CJ Contributor IN my article last week, I looked at the role that behaviour plays in economic growth. This week I will focus on the critical nature of trust, or confidence. As I have stated on many […]

Op-Ed: What the Shanique Myrie Case Means for Caribbean Law

By J. Emile Ferdinand QC Op-Ed Contributor THE SIGNIFICANCE of the Caribbean Court of Justice’s (“CCJ”) judgment delivered on Oct. 4, 2013 in the case of Myrie v Barbados arises more from the reasoning and related pronouncements of the Court […]

UN Urges Dominican Republic to Ensure Rights of Haitian Citizens

Above: Ravina Shamdasani (UN Photo) By the Caribbean Journal staff The United Nations human rights office is urging the government of the Dominican Republic to “take all necessary measures to ensure that citizens of Haitian origin are not deprived of […]

USVI Governor Sends HOVENSA Sales Agreement to Legislature

Above: the HOVENSA refinery By the Caribbean Journal staff United States Virgin Islands Governor John de Jongh has submitted the new agreement with the HOVENSA refinery to the legislature for approval. The agreement, which is the fourth Amendment Agreement between […]

Bahamasair Mulls “Adjustments” to Business Model as Struggles Continue

Above: a Bahamasair plane By the Caribbean Journal staff Bahamasair, the Bahamas’ national air carrier, is suffering from high labour costs, escalating fuel costs and a “commitment to unprofitable domestic routes,” according to Deputy Prime Minister and Works Minister Philip […]

Op-Ed: The Y Youth – A Personal Reflection on Cuban Blogs

By Ylena Zamora-Vargas Op-Ed Contributor THEY PREFER speaking English to Spanish, they feel as American as a McDonald’s Big Mac, and they are tired of the insistent preoccupation their parents’ generation has with the current regime. But when second-generation, third-generation, […]

Haiti’s Bankers Get IFC Training

Above: Port-au-Prince (CJ Photo) By the Caribbean Journal staff A group of 19 bankers in Haiti is receiving training from the World Bank Group’s International Finance Corporation. The five-day training session, which is being conducted this week, seeks to improve […]

Nassau Experience Contest Rules

OFFICIAL RULES Nassau Experience sponsored by Graycliff The Nassau Experience at Graycliff (the “Sweepstakes”) is sponsored by Caribbean Journal the “Sponsor”). ONE (1) GRAND PRIZE: Three (3) nights, EP (room only) at the Graycliff in Nassau Bahamas Approximate retail value: […]

US Virgin Islands and HOVENSA Finalize 14-Month Sales Timetable

Above: the HOVENSA refinery By the Caribbean Journal staff The United States Virgin Islands and HOVENSA have reached an agreement to govern a 14-month sales process for what was formerly the Caribbean’s largest oil refinery. The sales process will begin […]

UK Foreign Secretary Responds to Letter by Turks and Caicos Premier

Above: UK Foreign Secretary William Hague (Photo: FCO) By the Caribbean Journal staff United Kingdom Foreign Secretary William Hague has officially responded to a letter written to him by Turks and Caicos Premier Dr Rufus Ewing last month, saying the […]

S&P Downgrades Puerto Rico Rating

Above: Puerto Rico (CJ Photo) By the Caribbean Journal staff Standard & Poor’s ratings services has lowered its general obligation rating on the Commonwealth of Puerto Rico to “BBB-” from “BBB,” the New York-based firm announced. Puerto Rico’s outlook is […]

Eric Holder: US Continuing “Best Efforts” to Ensure Caribbean Security

Above: US Attorney General Eric Holder and Haiti President Michel Martelly (CJ Photo) By Alexander Britell PORT-AU-PRINCE – The United States will continue its “best efforts” to ensure regional security in the Caribbean, Attorney General Eric Holder said at a […]

Standard & Poor’s, Fitch Downgrade Jamaica Credit Rating

Above: Kingston (CJ Photo) By the Caribbean Journal staff Standard & Poor’s and Fitch have each downgraded Jamaica’s sovereign credit rating following the country’s announcement of a debt exchange offer on Monday night. The moves came after Jamaica announced a […]

Hess to Sell St Lucia Storage Terminal; Fate of USVI’s HOVENSA Facility Unclear

Above: the HOVENSA facility in St Croix By the Caribbean Journal staff Hess Corporation announced this week that it would be pursuing the sale of its terminal network in the United States, one that will include the sale of its […]

Contractor General Refers Jamaican Cabinet for Criminal Prosecution

Above: Kingston (CJ Photo) By the Caribbean Journal staff The Office of the Contractor General in Jamaica said it formally referred Jamaica’s cabinet for criminal prosecution Wednesday, citing a failure to comply with statutory requisitions relating to a series of […]

Jamaica’s Phillips: Negotiations With IMF Technical Staff “Virtually At An End”

The following is a statement from Jamaica Finance Minister Dr Peter Phillips concerning the country’s negotiations with the International Monetary Fund: On assuming office, one of the most urgent priorities of this administration was to reopen the line of communication […]

Op-Ed: The Caribbean Cliff We Must Avoid

By Hon. Donna Christensen US Virgin Islands Delegate to Congress AS WASHINGTON frantically scrambles to prevent the United States from falling over the proverbial Fiscal Cliff, I am concerned to hear rumblings of a potential World Trade Organization (WTO) […]

From Antigua to Saint Lucia to St Kitts, This Caribbean Airline Is Growing