Archive
WASHINGTON-FINANCE-IMF boosts funding to aid countries in financial trouble
WASHINGTON, June 20, CMC – The International Monetary Fund (IMF) says nations from around the world have firmed up their commitments to provide emergency resources to deter the spread of crises and increase the institution’s lending capacity to help Caribbean and other countries in financial trouble. ... Full story
JAMAICA-FINANCE-Jamaica urges financial institutions to prepare for new US law
KINGSTON, Jamaica, June 20, CMC – Jamaica’s Minister of Finance and Planning, Dr. Peter Phillips, has urged local and regional financial institutions to prepare for the implementation of the United States Foreign Account Tax Compliance Act (FATCA), which has implications for these entities ... Full story
BERMUDA-COURT-Businessman admits importing 10 million US dollars in drugs, ammo
HAMILTON, Bermuda, June 20, CMC – A 47-year-old self-employed mechanic has admitted plotting to import 10 million US dollars’ worth of drugs and automatic weapons ammunition into Bermuda. ... Full story
HAITI-POLITICS-President says constitutional amendments to take effect
PORT-AU-PRINCE, June 20, CMC – A new version of the Haitian Constitution – including an unprecedented quota for women in government, the creation of a permanent elections commission and a new definition of what makes a Haitian national - passed by lawmakers more than a year ago is finally to be made legal, President Michel Martelly said on Tuesday. ... Full story
US-MONEY LAUNDERING -US prosecutors say no proof Cuba involved in money laundering case
MIAMI, June 20, CMC – After alleging that a South Florida man ran a “vast cash-to-Cuba operation,” United States federal prosecutors now say they have no proof that the Castro government is behind a multimillion dollar Medicare money laundering scheme. ... Full story
'Gender quota' among changes in new Haitian Constitution
PORT-AU-PRINCE, June 20, CMC – A new version of the Haitian Constitution – including an unprecedented quota for women in government, the creation of a permanent elections commission and a new definition of what makes a Haitian national - passed by lawmakers more than a year ago is finally to be made legal, President Michel Martelly said on Tuesday. ... Full story
BERMUDA-COURT-Ponzi scheme operator jailed for six years in US
HAMILTON, Bermuda, June 20, CMC – An American Ponzi scheme operator in cahoots with a Bermudian, who wired his ill-gotten gains to the island, has been jailed for six years in the United States, media here reported. ... Full story
CARICOM-IMMIGRATION-Anthony hails new US immigration policy
CASTRIES, St. Lucia, June 20, CMC – Incoming Chairman of the Caribbean Community (CARICOM), St. Lucia’s Prime Minister Kenny Anthony, has welcomed the new immigration policy announced by United States President Barack Obama last week, saying that it will benefit people from this region. ... Full story
UN-CONFERENCE-Sustainable Development Conference opens in Rio
RIO DE JANEIRO, Brazil, June 20, CMC – More than 100 Heads of State and government gathered here on Wednesday for the start of the United Nations Conference on Sustainable Development, also known as Rio+20, which seeks to shape new policies to promote global prosperity, reduce poverty and advance social equity and environmental protection. ... Full story
CRICKET-LICA-Nevis beat Anguilla to finish on high
CHARLESTOWN, Nevis, Jun 20, CMC – Nevis ended their campaign in the Leeward Islands Cricket Association tournament on a high when they beat Anguilla by five wickets here Tuesday. ... Full story
