Search Result for: stable

183 results found.

Jamaica’s Big Risk

By Dennis Chung CJ Contributor WHILE walking, or cycling, I often see people who ask me many questions relating to the economy, finances, or issues about my second book. In the last few weeks, though, I notice that the majority […]

Cayman Islands and United States Sign FATCA Agreement

Above: the US Treasury Department in Washington By the Caribbean Journal staff The Cayman Islands and the United States have signed an agreement that will pave the way for the automatic exchange of tax information under the US’ FATCA law. […]

Haiti: United Nations Extends Peacekeeping Mission For One Year

Above: UN peacekeepers in Haiti (UN Photo/Jesus Serrano Redondo) By the Caribbean Journal staff The United Nations Security Council voted Thursday to extend the UN Peacekeeping Mission in Haiti until mid-October of 2014. The unanimous vote also slightly reduced the […]

S&P Raises Jamaica Credit Rating

Above: Kingston By the Caribbean Journal staff Standard & Poor’s has raised its long-term foreign and local currency sovereign credit ratings on Jamaica, citing “progress in stabilizing the economy” and the country’s agreement with the International Monetary Fund. The rating, […]

Are Women in Jamaica Under Siege?

By Marcia Forbes, PhD CJ Contributor MANY ARE quick to point out the sprinkling of women in top-level positions in Jamaica as representative of “woman power.” Then, too, the country has a female Prime Minister. These relatively few high profile […]

Canada to Contribute $6.6 Million to Haiti

Above: Christian Paradis By the Caribbean Journal staff Canada will be making a $6.6 million contribution to Haiti to continue its support under the World Food Programme’s Support to Sustainable School Feeding programme in Haiti. The project provides a daily […]

Jamaica’s Pillars for Growth

By Dennis Chung CJ Contributor MY last article looked at how Jamaica can increase competitiveness in the tourism industry, which is critical for Jamaica because tourism is our highest foreign exchange earner, and the area in which we have always […]

Jamaica “Confident” on Passing First International Monetary Fund Test

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica is “confident” that it will pass the first quarterly test under its Extended Fund Facility Agreement with the International Monetary Fund, according to Minister Horace Dalley. The country’s first quarterly […]

Op-Ed: How to Contain Jamaican Crime

By Kent Gammon Op-Ed Contributor THE MURDER RATE per 100,000 is 41 in Jamaica, making it one of the most murderous countries in the world. With its economy heavily dependent on tourism, crime is not a variable it can afford. […]

Canada Sending New Deployment to UN Peacekeeping Mission in Haiti

Above: UN peacekeepers in Haiti (UN Photo/Logan Abassi) By the Caribbean Journal staff A deployment of Canadian Armed Forces will be joining the United Nations peacekeeping mission in Haiti, Canada’s government announced Wednesday. A 34-member CAF platoon from Quebec will […]

Montserrat Completes First Geothermal Well, Readies to Drill Second

Above: the geothermal drill in Montserrat By the Caribbean Journal staff Drilling has reached the “desired depth” for completion on Montserrat’s first geothermal well, the government announced this week. In four weeks, the drilling team will test to determine the […]

Op-Ed: Does Jamaica Need Outside Help to Deal With Crime?

By David Rowe Op-Ed Contributor Last week’s assault on Vincent Simpson, the brother of Prime Minister Portia Simpson-Miller has left Jamaica in shock. When coupled with the recent late-night burglary of the Minister of National Security, it leaves the impression […]

Op-Ed: From Haiti to Cuba, A Vision For the Caribbean in 2030

By Michael W Edghill Op-Ed Contributor AS A REGION, the Caribbean stands at the threshold of opportunity. As with all moments of opportunity, they also come with the simultaneous risks of not achieving the possible and instead, sliding backwards and […]

Haiti: US, UN “Welcome” Formation of Transitional Electoral Council

Above: Port-au-Prince (CJ Photo) By the Caribbean Journal staff Haiti’s recent agreement on a transitional college of the Permanent Electoral Council, a move that paves the way for the holding of long-delayed elections, is drawing praise from the United States […]

Moody’s Upgrades Belize Credit Rating, Warns of “Debt Overhang”

Above: Parliament in Belmopan By the Caribbean Journal staff New York-based Moody’s has upgraded the credit rating on Belize’s government bonds, the firm announced Monday. The rating has been lifted to Caa2 from Ca, with a “stable” outlook. The move […]

Durandis: On the Resignations in Haiti

By Ilio Durandis CJ Contributor OFTEN, WHEN ONE ASKS average Haitians, “how are things?” there is the simple answer of: “Nou la, n’ap kenbe,” we are here, we’re holding up. That might give the impression that all is well. But […]

From Cayman to Turks and Caicos, Caribbean Politicians Remember Thatcher

Above: Margaret Thatcher By the Caribbean Journal staff A number of Caribbean leaders expressed their condolences Monday over the death of former British Prime Minister Margaret Thatcher. Thatcher, the United Kingdom’s first (and thus far only) female Prime Minister, died […]

Standard & Poor’s Raises Jamaica Credit Rating After Debt Exchange

Above: Kingston (CJ Photo) By the Caribbean Journal staff Following a similar move by Fitch last week, Standard & Poor’s has raised Jamaica’s foreign and local currency sovereign credit ratings to “CCC+” and out of default. The move came after […]

UK Decides Not to Implement VAT in Turks and Caicos Islands

Above: Minister Mark Simmonds By the Caribbean Journal staff Following widespread opposition in the Turks and Caicos, the United Kingdom has agreed not to implement a value-added tax in the territory. The decision, announced in a letter by Mark Simmonds, […]

In Nicaragua, Looking at the Future of Sustainable Tourism in the Caribbean

Above: Nicaragua (Photo: NT) By the Caribbean Journal staff A group of regional agencies focusing on sustainable tourism in the Caribbean held their first-ever joint meeting this week, focusing on the challenges facing the wider Caribbean region. The first-ever Meeting […]

US Congresswoman Calls on Haiti to Solve “Electoral Crisis”

Above: US Congresswoman Maxine Waters (Photo: Ward Wesley) By the Caribbean Journal staff Haiti needs “free, fair and inclusive elections” to have a functioning Parliament and a stable government, according to United States Congresswoman Maxine Waters. The California Democrat was […]

Report Urges National Consensus in Haiti

Above: Haiti President Michel Martelly (Photo: OP Haiti) By the Caribbean Journal staff Haiti is in a race against time to “convince its own people, donors and potential investors that progress and stability are still achievable,” according to a new […]

Haiti: Mariano Fernandez Ends Term as Head of UN Peacekeeping Mission

Above: Former MINUSTAH Chief Mariano Fernandez By Alexander Britell Mariano Fernandez, MINUSTAH Chief and Special Representative of Secretary General Ban Ki-moon in Haiti, officially ended his 20 month term as head of the UN’s MINUSTAH peacekeeping mission in Haiti Thursday. […]

Dennis Chung: Business and Consumer Confidence in Jamaica

By Dennis Chung CJ Contributor LAST YEAR, when the Jamaica Chamber of Commerce (JCC) reported that consumer and business confidence were at their highest level for years, many persons were excited about the prospects. I remember speaking with Ralston Hyman […]

Spence: A Chef Comes Home to Jamaica

By Nigel Spence CJ Contributor This past holiday season I was lucky enough to make the trek back home to Jamaica for Christmas dinner with my family, which is always a joyously stressful occasion. Putting a check on my foul […]

Barbados Showing “Significant Increases” in Arrivals from Canada

Above: Bridgetown (CJ Photo) By the Caribbean Journal staff Barbados continues to see tourism growth from Canada, according to Foreign Minister Maxine McClean. Canada, the United Kingdom and the United States have traditionally been the country’s largest source markets, but […]

Barbados’ Bonds Downgraded to “Junk” Status by Moody’s

Above: Bridgetown (CJ Photo) By the Caribbean Journal staff Barbados’ credit has been downgraded to “junk” status by Moody’s Investors Service. The downgrade lowered the country’s foreign and local currency bond ratings to Ba1 from Baa3. A junk bond, or one […]

Juliana O’Connor-Connolly Named New Premier of Cayman Islands

Above: The Cayman Islands Legislative Assembly By Alexander Britell Juliana O’Connor-Connolly has been named the new Premier of the Cayman Islands, according to a statement from Governor Duncan Taylor. Taylor said a majority of the elected members of the United […]

Southwest Airlines Is Launching New Nonstop Flights to The Bahamas