Saturday, February 4, 2012

International News

Friday, November 25th, 2011

By DEREK TURNER

In an honour bestowed on only a handful of individuals, the United States Navy has selected NAACP civil and voting rights icon, Medgar Evers, as the namesake of their newest ship.

Christened in San Diego, California on November 12 by his widow Myrlie Evers-Williams, the USNS Medgar Evers (T-AKE 13) will serve as a supply ship for the Navy starting in the first quarter of 2012.

"I am just so honoured for Medgar and all of the other people who gave their lives in the civil rights movement, particularly those in Mississippi," said Evers-Williams. "In my humble estimation, very few of them have received rightful acknowledgment of their contributions.

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Saturday, October 22nd, 2011

By FAIZAAN SAMI

BRASILIA: Brazil: China's unstoppable emergence and influence as an economic super power has led to one of the most important changes to the global economic framework in the modern period.

In the 1990s, the nation sought to consolidate its position regionally by nurturing bilateral trade relations with its neighbours and utilizing soft power to build state legitimacy. Gradually, after the rapid growth of its manufacturing sector, China's resource-intensive economy has influenced the global expansion of its economic ties in order to sustain its growth pattern.

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Thursday, October 13th, 2011

KINGSTON, Jamaica: The latest data showed that the economy grew by 2.1 per cent in the second quarter, Prime Minister Bruce Golding said in a statement Friday. This is well above the government's projected 1.5 per cent.

Golding said the growth shows that the economic recovery is continuing.

The Prime Minister welcomed the growth and said the government had to ensure that the gains made in fiscal management continue to support Jamaica's economic program as represented in the Standby Agreement with the International Monetary Fund (IMF).

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Thursday, May 26th, 2011

WASHINGTON, D.C.: A study published in the journal Global Change Biology has found that sewage-derived nitrogen is increasingly becoming the top source of such pollution in Caribbean coastal ecosystems.

Kiho Kim, one of the study's authors and chair of environmental science at American University, is undertaking an analysis of the problem.

Fertilizer had been the dominant source of nitrogen pollution in Caribbean coastal ecosystems for the past 50 years, but the study found that even though that is on the decline - thanks in part to the introduction of more advanced, environmentally responsible agricultural practices during the last decade, the existing pollution is still a problem.

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Thursday, May 26th, 2011

By DERRICK A. SCOTT

Founder and Chairman of regional telecommunications giant Digicel, Denis O'Brien, is speaking glowingly about Jamaica's investment climate and inviting international investors and financiers to look to the island.

"If you are an investor contemplating coming to Jamaica, you have a very friendly government," he told a group of potential investors in Washington at the launch of the Embassy of Jamaica's 'Jamaica Rising' investment campaign last week.

The Digicel chairman lauded the "first class" opportunities and the ability to get things done, as well as the open-door policy with politicians and decision makers.

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Wednesday, October 7th, 2009

KINGSTON, Jamaica: Minister of Tourism Edmund Bartlett says a record number of Canadians are expected to visit the nation during the upcoming winter tourist season.

"Canada is our fastest growing market," Bartlett said. "Two years ago, the Canadian market was providing around 150,000 Canadian stopover visitors and, for this year, we're looking at close to 300,000, which represents a 28 per cent increase over last year."

Bartlett was speaking during a recent visit to Canada to thank travel partners for helping to make Canada the fastest growing market for Jamaica. He met with travel agents, airline officials and tour operators in Edmonton, Calgary and Winnipeg, which have shown strong growth in recent times.

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Wednesday, September 23rd, 2009

By RON FANFAIR
While promising to investigate alleged mistreatment of Caribbean nationals living in Barbados, that country’s Prime Minister says he’s not backing down from his government’s new immigration policy targeting illegal migrants.
David Thompson announced last May that Caribbean migrants could apply for amnesty if they have been in Barbados for more than eight years, but other undocumented nationals have until December 1, 2009 to regularize their status or face deportation.
The new policy could affect hundreds of Guyanese and other Caribbean nationals living in Barbados, some of whom have complained that Barbadian immigration officials have treated them unfairly.

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Monday, March 16th, 2009

By RON FANFAIR

Antiguans and Barbudans have given the United Progressive Party (UPP) and its leader, Baldwin Spencer, another five-year mandate to govern the twin-island nation.

The party secured nine seats, which is three less than it captured in the 2004 elections while its main rival, the Antigua Labour Party (ALP), increased its seat total from four to seven in the 17-seat legislature. Trevor Walker, whose Barbuda People's Movement is closely aligned with the ALP, retained his seat on the island that forms part of the state of Antigua & Barbuda.

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Monday, March 2nd, 2009

WASHINGTON, D.C.: The United States Securities and Exchange Commission (SEC) has accused Texas financier, Allen Stanford, of committing a multi-billion-dollar fraud in a similar manner as Wall Street financier, Bernard Madoff.

"For at least a decade, R. Allen Stanford and (his accomplice) James M. Davis, through companies they control...executed a massive Ponzi scheme," the Securities and Exchange Commission (SEC) said in an amended complaint.

A Ponzi scheme, named after a crook in the 1920s, is a pyramid scheme where new investors' money is used to pay profits to existing clients.

Madoff was accused in December of masterminding a similar scheme for $50 billion.

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