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ANTIGUA-FINANCE-PM defends new banking legislation

By Anika Kentish ST. JOHN’S, Antigua, Apr 21, CMC – Prime Minister Gaston Browne says he does not support the suggestion that the proposed Banking Act will allow for the St. Kitts-Based Eastern Caribbean Central Bank (ECCB) to usurp the authority of his administration. ... Full story

CARIBBEAN-FINANCE-CAB backs PM Brown on US designation of regional financial institutions

ST. JOHN’S, Antigua, Apr 21, CMC – The St. Lucia-based Caribbean Association of Banks (CAB) Tuesday said it “fully supports” the position adopted by the Prime Minister of Antigua and Barbuda, Gaston Browne regarding the United States labeling of the region as a high-risk area for financial services. ... Full story

ST. VINCENT-ECONOMY-Opposition Leader not convinced at measures to spur economic growth in OECS

KINGSTOWN, St. Vincent, Apr 21, CMC – Opposition Leader Arnhim Eustace says measures recently announced by the Monetary Council of the Eastern Caribbean may not be enough to stimulate economic growth in the Organisation of Eastern Caribbean States (OECS). ... Full story

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