Former Trinidad and Tobago Central Bank Governor, Euric Bobb has been appointed chairman of Colonial Life Insurance Company (CLICO), following last week’s bail out by the government.
The Organisation of Eastern Caribbean States is calling for a coordinated regional response regarding the financial difficulties facing Trinidad-based conglomerate, CL Financial.
An International Monetary Fund (IMF) mission to member countries in the Eastern Caribbean Currency Union is predicting a slowdown in economic activity in Montserrat for this year.
A former Central Bank Governor in Trinidad and Tobago, Winston Dookeran, is questioning the government’s ability to bail out one of the Caribbean’s largest companies,CL Financial.
The Patrick Manning government in Trinidad and Tobago announced a major bail out package to assist the CL Financial Group, out of serious financial trouble.
Governor of the Eastern Caribbean Central Bank Sir Dwight Venner said a high-powered core group has been assembled to devise short and long term responses to the global crisis.
A 10 thousand US dollar reward is being offered in Antigua and Barbuda for information leading to the conviction of the person responsible for killing an Australian man.
The International Monetary Fund (IMF) said member countries of the Organisation of Eastern Caribbean States (OECS) have little room for fiscal stimulus packages because of high public debt levels.
The tourism minister in Barbados Richard Sealy said the country is putting measures in place to minimise the impact of the decision by Air Jamaica to cut its direct service to the island, effective February 26.
Foreign ministers of member countries of the Association of Caribbean States are meeting in Haiti this week to discuss tourism, natural disasters and climate change.
