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PetroCaribe Member States Agree to Establish “Economic Zone”

 Above: the summit in Caracas By the Caribbean Journal staff The seventh PetroCaribe summit in Caracas concluded this weekend with an agreement by member countries to establish a PetroCaribe “economic zone.” The move would expand the PetroCaribe oil agreement, which …

Venezuela’s Maduro Visits Cuba

 Above: Venezuelan President Nicolas Maduro (UN Photo/Lou Rouse) By the Caribbean Journal staff Venezuelan President Nicolas Maduro visited Cuba this weekend for the first time since winning the country’s hotly-contested election earlier this month. Cuba had been by far the …

Jamaica: $2.4 Billion in Funding Support Through PetroCaribe Since 2005

 Above: Kingston (CJ Photo) Jamaica has received $2.4 billion USD in funding support thanks to its PetroCaribe agreement with the government of Venezuela, according to Dr Wesley Hughes, CEO of the PetroCaribe Development Fund. The funding total, which covers the …

LATEST NEWS

 By Dennis ChungCJ Contributor OVER THE LAST WEEK there have been two issues dominating the media in Jamaica, which illustrates to me that Jamaica’s foreign exchange crisis is driven primarily by the way we approach challenges. The first is the …

 Above: Haiti President Michel Martelly and Prime Minister Laurent Lamothe (centre) (Photo: OP Haiti) By the Caribbean Journal staff A number of Caribbean leaders have arrived in Venezuela for the funeral of former President Hugo Chavez, who died Tuesday. Trinidad …

 By David RoweOp-Ed Contributor FOR THE LAST 12 MONTHS, Jamaica has been in intermittent negotiations with the IMF. These negotiations have not yet yielded a new agreement. It is now acknowledged internationally that Jamaica is in an economic crisis. This …

 Above: Venezuelan President Hugo Chavez and Haitian President Michel Martelly By the Caribbean Journal staff Haitian President Michel Martelly’s visit to the ALBA Summit in Caracas this weekend culminated in the signing of a cooperation agreement between Haiti and Venezuela. …

 Above: Martelly with Vice-Minister Temir Porras and actor Sean Penn By the Caribbean Journal staff Haitian President Michel Martelly arrived in Caracas Friday for talks with the Venezuelan government and to attend the ALBA summit before he heads to Panama …

 

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