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This Caribbean Beach Has Soft Sand, Vibrant Water, and a Barefoot Rhythm

caribbean beach portici

There is a version of the Caribbean that lives more in novels than in real life. It is barefoot and unhurried, defined by quiet mornings and long afternoons where nothing interrupts the rhythm of the sea. It exists without crowds or schedules, without spectacle. You come upon it by chance, often on foot, and it […]

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Cayman Islands, United States Conclude Talks on FATCA Law

Above: Georgetown (CJ Photo) By the Caribbean Journal staff The Cayman Islands and the United States have concluded talks on an intergovernmental agreement and a new tax information exchange agreement. Both pave the way for an automatic exchange of information under the US’ new Foreign Account Tax Compliance Act. A Cayman Islands government statement said […]

finance

CARICOM Finance Ministers Meet in Trinidad and Tobago

Above: Port of Spain (CJ Photo) By the Caribbean Journal staff CARICOM Finance Ministers have begun a meeting in Trinidad focusing on the framework of the Fifteenth Meeting of the Council for Finance and Planning. The meeting will focus on charting a “framework for growth and development in CARICOM,” something which also was on the […]

finance

Op-Ed: The Caribbean's "Depth" Crisis

By Zhivargo S. Laing Op-Ed Contributor WHILE GOVERNMENT DEBT remains worrisome for many Caribbean and Latin American countries, socio-economic depth may be the more serious worry for sustainable growth and development in the future. Socio-economic depth here refers to the level of achievement in economic and social areas which enhance development prospects. Areas such as […]


CARICOM Finance Ministers Meet in Trinidad and Tobago

Above: Marie Carmelle Jean-Marie By the Caribbean Journal staff Haiti Finance Minister Marie Carmelle Jean-Marie has tendered her resignation. Jean-Marie had served as Haiti’s Minister of Economy and Finance since the summer of 2012, after Laurent Lamothe took over as the country’s Prime Minister. A government source confirmed the resignation to Caribbean Journal Wednesday afternoon. […]

Op-Ed: Kent Gammon on Reversing Jamaica's Economic Decline

By Kent Gammon Op-Ed Contributor   THE JAMAICAN ECONOMY continues to lag behind the rest of the world with a dismal 1.3 percent growth forecast for 2013. The Jamaican dollar is being sold officially for 92 dollars to one US dollar but there is a black market where the US dollar is fetching as many […]

Dennis Chung: Jamaica Without the IMF

By Dennis Chung CJ Contributor   AS I READ the Dec. 29, 2012 statement, issued by Jamaica’s Finance Minister concerning the status of the International Monetary Fund negotiations, I thought to myself that it is not clear when Jamaica is to expect an IMF agreement. I say this because both the Minister’s statement and the […]

Jamaica "On the Cusp" of Hotel Boom

Above: the Half Moon resort in Jamaica By the Caribbean Journal staff Jamaica’s hotel sector could soon see a surge in development, according to Finance Minister Dr Peter Phillips. While the country’s tourism sector was, like the rest of the region, hit hard by the downturn, it could be in for a turnaround. According to […]

Guyana Lowers Growth Projection for 2012, Citing Sugar Contraction

Above: Amaila Falls in Guyana By the Caribbean Journal staff Guyana has revised its 2012 growth projection downward from 4.1 percent to 3.8 percent, according to Finance Minister Dr Ashni Singh. The revision was a result of the country’s sugar sector underperforming and being unlikely to improve in the second half of the year. Earlier […]

Holness Calls for End to Garrisons

Above Jamaican PM Andrew Holness (Photo: OPM) By the Caribbean Journal staff New Jamaican Prime Minister Andrew Holness says he will engage Opposition Leader Portia Simpson Miller in dialogue aimed at dismantling Jamaica’s garrison communities from the political landscape. Holness, who, at 39, is Jamaica’s youngest-ever leader and its first born after independence, called for […]

Jamaica Reports Tax Revenue Increase

Above: Jamaican Finance Minister Dr Peter Phillips By the Caribbean Journal staff Jamaica saw an 11 percent increase in tax revenues in June compared to the same period in 2011, according to Finance Minister Dr Peter Phillips. The Minister made the announcement during a speech to the House of Representatives this week. Jamaica has been […]