Tag: IMF

IMF: Light up its darker crannies

IMF: Light up its darker crannies

| August 7, 2016 | 0 Comments

The International Monetary Fund (IMF), which has tormented small Caribbean economies for five decades with austerity measures and fierce conditionalities, has been exposed as adopting utterly different standards towards Europe, especially the countries of the European Currency Union.   That is except for Greece which, throughout its economic crisis, the IMF treated like a third-world country. […]

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2013:  A year of lost opportunities for Caribbean countries

2013: A year of lost opportunities for Caribbean countries

| December 29, 2013 | 0 Comments

In Caribbean news. 2013 was not a good year for any of the 14 independent member States of the Caribbean Community (CARICOM) – not even for three of the four commodity-exporting nations Belize, Guyana and Suriname, despite their economic growth. The fourth commodity-exporting country, Trinidad and Tobago, had no growth to speak-of. All the countries […]

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The View from Europe: Cyprus,debt and the Caribbean

The View from Europe: Cyprus,debt and the Caribbean

| April 10, 2013 | 0 Comments

In the last few days the Government of Cyprus has begun to implement the measures demanded of it by the European Union, the European Central Bank and the International Monetary Fund (IMF). In return for providing €10 billion (US$13 billion) in support, a sum small by international standards, Europe has taken steps down a route […]

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Will Obama Deliver?

Will Obama Deliver?

| February 14, 2013 | 0 Comments

Obama’s keen social conscience and background had encouraged widespread optimism in the Caribbean and in several other areas when he was first elected US President. In his Audacity of Hope he had written of himself “I cannot help but view the American experience through the lens of a black man of mixed heritage, forever mindful […]

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IMF Help Not Needed for Barbados Says PM

IMF Help Not Needed for Barbados Says PM

| April 28, 2012 | 0 Comments

BRIDGETOWN— There is no need for support from the International Monetary Fund (IMF) for Barbados. This was reiterated by that country’s Prime Minister, Freundel Stuart, as he addressed Barbadians living and working in and around Washington DC during a town hall meeting on Monday at the Bishop John T Walker National Learning Centre of the Holy […]

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GRENADA DOING BUSINESS RANKING HAS NOT REALLY IMPROVED

GRENADA DOING BUSINESS RANKING HAS NOT REALLY IMPROVED

| November 6, 2011 | 0 Comments

Former Minister for Finance Hon. Anthony Boatswain says he is shocked that the Minister for Finance will blow a trumpet for finally bringing back Grenada’s Doing Business Ranking to the level it was when the NNP left office in July 2008. The Minister of Finance has been gloating over the fact that a recent World […]

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Trinidad: Trade Unions VS The Government

Trinidad: Trade Unions VS The Government

| August 16, 2011 | 0 Comments

In the past few months there has been a war between the Government of the republic of Trinidad and Tobago and the various Trade Unions within the country. The Trade Unions are demanding a ten percent increase in pay as well as additional benefits that have been owed to them for some time now. The […]

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A non-European head of IMF unlikely

A non-European head of IMF unlikely

| May 19, 2011 | 0 Comments

Despite calls for the next managing director of the International Monetary Fund (IMF) to come from a developing country, it is most unlikely to happen. At least for the next term, the European countries look set to maintain the stranglehold they have had on the post since the IMF was formed sixty-seven years ago. The […]

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It will be Harper again in Canada

It will be Harper again in Canada

| April 14, 2011 | 0 Comments

On May 2, Canada will hold its fifth general election in 11 years.  In most countries, only two general elections (approximately every five years) would have been held during that time. The reason for so many general elections is that no political party has won a majority in Parliament since the year 2000.  At that […]

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