|
Friday, 09 February 2007 |
|
An internet gaming news
agency says the World Trade Organization (WTO) has ruled against the United States in an acrimonious dispute with Antigua and Barbuda
over online gambling.
Onlinecasinonews.com said
Friday that the WTO is expected to pronounce Washington guilty of breaking international
trade rules.
The agency said while the
ruling is yet to be made public, the "WTO has found the US guilty of
not observing a 2005 order in the case."
|
|
|
Bahamas: Country on election notice |
|
|
|
|
Friday, 09 February 2007 |
|
Bahamas Prime
Minister Perry Christie has put the country on guard for an imminent general
election saying that the election register will soon be closed.
"I have advised her Excellency the Governor General to close the current
register of voters on Monday
the 12th of March 2007.
"An order to that effect under section 14 of the parliamentary elections
act is expected to be made by his Excellency with a view to publication of the
required register of voters, expiry date notice tomorrow second of February
2007," Christie said in a national broadcast on Thursday.
With the March deadline only a few weeks away, Christie urged Bahamians to take
heed and register themselves as soon as possible so that they could take part
in the election process.
"Now that the current register of voters is being brought to an end, it is
a matter of the first importance that all Bahamian citizens who have not yet
done so, proceed as soon as possible to register for the forthcoming general
elections.
Elections are due there by May 2, but political pundits expect them to be held
much earlier. In the last general elections in 2002, Christie’s Progressive
Liberal Party (PLP) won 29 of the 40 seats, defeating the then ruling Free National Movement (FNM).
|
|
|
Friday, 09 February 2007 |
|
Barbados Deputy Prime Minister Mia
Mottley has referred to the implementation of the single domestic space as by
far one of the largest projects implemented in the region.
Mottley,
who Wednesday paid a courtesy call to Prime Minister Dr Ralph Gonsalves, the
current chairman of CARICOM, said the new system is not just about immigration,
customs or airport management, but about all of the Caribbean people coming
together.
The
Chairperson of the Regional Security Sub Committee said officials anticipated
some challenges in the first few weeks of the new arrangement.
”We
do anticipate that we would still have some challenges in the first few weeks,
we have set ourselves the date of February 21 as the deadline to work out many
of these challenges,” she said.
She
said that it was important to begin the system from February 1 so that all the
kinks in the system could be worked out before the increased travel activity
begins closer to the times of the games.
“We
want Caribbean people to work with us and we
would be announcing phone numbers and a website for feed back so that persons
can share their perspectives on how their experiences in a single domestic
space have been going,” Mottley said.
|
|
|
Taiwanese bank seeking to recover |
|
|
|
|
Friday, 09 February 2007 |
|
A Taiwanese-based bank is
seeking to recover more than US$21 million it says is owed to it by the Grenada
government.
The Export-Import Bank of Taiwan has
filed a motion in the United States District Court, Southern District of New
York claiming that the Keith Mitchell administration had defaulted on four
loans.
According to court
documents, the bank is seeking to recover US$21.6 million plus interest for the
loans which were taken to facilitate construction of the first sports stadium
in St George's,
as well as a government complex, the agricultural sector and road construction
projects.
Government officials have
declined to comment on this matter.
On December 21, 2006, the
bank filed a motion for summary judgment, stating that "defendant has
admitted every material fact".
Grenada is recovering from two devastating
hurricanes which wrecked the island's economy and the Mitchell administration
has been seeking either to re-schedule exiting loans or debt forgiveness from
international lending agencies.
But St.
George's broke off diplomatic relations with Taiwan in 2005
and since then the EX-Im Bank has sought to recover all outstanding debts.
|
|
|
Country launches new initiative |
|
|
|
|
Friday, 09 February 2007 |
|
The Guyana government has launched a
multi-million dollar European Commission (EC) backed revolving fund scheme to
boost the competitiveness of the country's rice sector.
The G$1.6 billion (US$8 million) Rice Sector Credit Facility "will serve
as an impetus to drive production and re-investment which are so needed to
enhance competitiveness and ensure sustainability in the rice sector,"
according to Agriculture Minister, Robert Persaud.
Under the initiative, Persaud said
participants, including farmers, millers, input suppliers and exporters would
have access to cheaper credit to boost their activities.
"Having recognized that the cost of credit, especially agricultural
credit, is relatively high, one of the most significant benefits of the
financial facility is that the cost of credit is now much more reduced to meet
the needs of the sector without affecting the normal commercial banking
sector," he said at the weekend launch of the facility.
Guyana's rice sector contracted
heavily in the late 1990s following the implementation of safeguards by the
European Union on the other countries and territories (OCT) route which
resulted in a 50 percent slash in export prices, resulting in a financial
crisis in the rice sector with minimal financing provided by the local banking
sector.
|
|
|
<< Start < Prev 131 132 133 134 135 136 137 138 139 140 Next > End >>
|
| Results 681 - 685 of 787 |