Month: March 2009

Worst World Trade Collapse Since World War Two

The announcement by the World Trade Organization that global trade last year was the worst since World War II must represent bad news for the Caribbean region. Apart from the well known struggles of the old agricultural commodities, sugar and bananas, in recent times we have heard reports that the bauxite mining and alumina processing …

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Post Mortem: Vaz Victory No Sign of Contentment

So, the by-election in West Portland has come and gone and Daryl Vaz of the JLP has once again, this time as an unquestioned Jamaican, emerged victorious versus Kenneth Rowe, a one-time JLP2K member who switched parties. Both the JLP and PNP poured major resources into this contest hoping that their man would emerge victorious. …

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FirstCaribbean International Closes US$45m Refinancing for Pristine Estates

FirstCaribbean Corporate Banking Curacao has successfully closed a landmark US$45 million refinancing transaction with Pristine Estates N.V., which owns the 612-room 3.5 star Holiday Inn Resort and Casino in Aruba, the bank has announced. FirstCaribbean has been associated with Pristine since 1999 as part of a syndicate which included partner banks Maduro & Curiel’s Bank …

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Abuse of Young Women Fuels the HIV Epidemic in Jamaica

Tishanna * – diagnosed as HIV positive at age 21 – never knew her father. What she does know is that her great need for love and the abuse meted out by relatives while she was still a small child, has derailed her dreams and changed her life forever. Tishanna, now 25, was sexually, physically …

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