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News

Brazil hikes interest rates after Rousseff’s re-election

Brasilia, Oct 29 (EFE).- The decision by Brazil’s central bank to raise interest rates following President Dilma Rousseff’s re-election has taken the market by surprise. Interest rates were raised on Wednesday by a quarter percentage point from 11 percent, at which they have stood since April, to 11.25 percent. Brazil’s Central Bank Monetary Policy Committee, that meets every 45 days ...

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Massy’s CEO wants a business-friendly Caricom

The President and Chief Executive Officer (CEO) of the Trinidad-based Massy group of companies, Gervase Warner has some harsh-words about the business-friendliness of the 15-nation Caribbean Community (Caricom). Warner says Caricom’s challenges for the region’s businesses include the absence of harmonized business regulations, reporting standards and other requirements. The CEO, who was in Guyana for the launch of the re-branded ...

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Two perish in cargo plane crash off Dutch St Maarten

The pilot and co-pilot of a cargo plane, contracted by Fedex, died when the aircraft plunged into the Caribbean Sea off  Dutch St. Maarten. Acting Director of the Dutch Caribbean Coast Guard, Wendell Thode told Caribbean News Desk that the body of the 59-year old German pilot was recovered Wednesday night about four hours after the twin-engine SH-36 plane went ...

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Trinidad’s Carnival is on despite some Ebola fears

Trinidad and Tobago authorities have decided that Carnival 2015 will go ahead, despite concerns in some quarters about the deadly Ebola virus being imported to that twin-island nation during festivities Announcing that the annual calendar event will be held,the Chairman of the National Ebola Prevention and Response team, Vice Chief of Defence Staff, Brigadier General Anthony Phillips- Spencer says the ...

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World Bank earmarks additional $100 mn to fight Ebola

Washington, Oct 30 (EFE).- The World Bank announced Thursday that it will provide an additional $100 million to battle the Ebola outbreak in West Africa and to facilitate the deployment of foreign health professionals in the worst-affected countries. Liberia, Guinea and Sierra Leone account for the bulk of the 4,922 deaths blamed on the Ebola epidemic that began in March. ...

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Carib News Desk: Trinidad’s Carnival 2015 is on despite Ebola fears; two dead in St Maarten cargo plane crash and more stories…

Trinidad and Tobago authorities have decided that Carnival 2015 will go ahead, despite concerns in some quarters about the deadly Ebola Virus being imported to the twin-island nation during festivities. Announcing that Carnival will go ahead, the Chairman of the National Ebola Prevention Information and Response Team,  Vice Chief of Defence Staff, Brigadier General Anthony Phillips Spencer says the risk-level ...

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Clerk refuses to convene House; President hints at sitting soon; Speaker appeals for help with constitutional crisis

Speaker of the National Assembly, Raphael Trotman on Wednesday said Guyana has plunged into a constitutional crisis because the Clerk of the National Assembly, Sherlock Isaacs has refused to convene Parliament on the basis that only the government can instruct when that should be done. Isaacs has said that his decision was based on consultations with other Clerks in a ...

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Nandlall’s Tapegate: Conversation not edited but taken out of context- Ramotar

In the Wednesday edition of Caribbean Newsdesk, President Donald Ramotar says a tape in which Attorney General, Anil Nandlall was heard talking about the vulnerability of Kaieteur News to being attacked by armed persons was not edited. The opposition Working People’s Alliance (WPA) and A Partnership for National Unity (APNU) have called for Nandlall’s removal. Ramotar, however, says remarks by ...

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Salary controversy could harm the future of West Indies cricket team

San Juan, Oct 29 (EFE).- The West Indies cricket team’s recent abandonment of the India tour over apparent salary cuts is threatening the future of the game in the Caribbean region, where it enjoys great acceptance.Suruj Ragoonath, chief executive officer of the Trinidad and Tobago Cricket Board, or TTCB, told Efe Wednesday that the players’ decision was disappointing and could ...

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Number of Ebola cases jumps to over 13,700, WHO says

Geneva, Oct 29 (EFE).- The World Health Organization, or WHO, confirmed on Wednesday that 13,703 people have been infected with the Ebola virus since the epidemic began in March.Of that number, 13,676 of the cases were reported from three West African countries, Liberia, Sierra Leone and Guinea Conakry, where international efforts are focused to control the epidemic.In a country-by-country breakdown, ...

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