EU delegation to quit Suriname as part of cost-cutting

(de Ware Tijd) PARAMARIBO – Foreign Affairs Minister Winston Lackin confirms the European delegation in Suriname is about to leave the country.

“I regret this decision and we are doing our utmost to keep the EU here in the current form.” Lackin says he was informed of the EU’s new plans a year ago. These plans include working from regional offices to cut costs. “We would rather have the delegation stay,” Lackin emphasizes again, “particularly because we have many plans together with the EU, namely in the agrarian sector.”

The EU in Suriname contributes to the objectives of the government, namely fighting poverty, sustainable income options and equal access to services. This is done through subsidies, funds and loans, with the European Development Fund (EDF) being the main instrument of development cooperation in the African, Caribbean and Pacific (ACP) countries. In addition, Surinamese products, mainly rice and bananas, have access to the EU market. The total amount of aid provided by the EU to Suriname since independence in 1975 is estimated at 165 million Euros. The most important areas of cooperation are the transportation sector (60% of all EDF funds), micro-projects, the rice sector, the banana sector, the private sector, the environment, good governance and democracy. Suriname has utilized more than 90% of the 20 million Euros available to it from the 10th EDF (2008-2013). The EU is making over 30 billion available for the 11th EDF.

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Big battle set for key Clico beachfront property in T&T

(Trinidad Guardian) Battle for No Man’s Land. That is what is shaping up on all fronts—from Government to the Clico owners of the property—as the spotlight continues to increase on one of the last pristine pieces of beachfront in the English-speaking Caribbean.

Cristina Fernandez

Former Argentina leader slams corruption probes as political plot

EL CALAFATE, Argentina (Reuters) – Facing corruption probes that threaten to land her behind bars, former Argentine President Cristina Fernandez described her growing legal troubles as part of a “persecution” of progressive Latin American leaders that has boosted the right in the region.

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Venezuela opposition leader Lopez awaits appeal verdict

CARACAS (Reuters) – An appeal hearing into Venezuela’s most prominent jailed opposition leader Leopoldo Lopez ended yesterday, with he and supporters saying the nearly 14-year sentence for inciting violence should be immediately overturned.

Christine Lagarde

IMF’s Lagarde to stand trial in Tapie case

PARIS, (Reuters) – France’s highest appeals court ruled yesterday that International Monetary Fund chief Christine Lagarde must stand trial for her role in a 400 million euros ($440 million) state payout in 2008 to businessman Bernard Tapie.

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Sagicor moving from Barbados to Bermuda

(Barbados Nation) Sagicor Financial Corporation has officially moved its headquarters to the British oversees territory of Bermuda after more than 100 years in Barbados in its previous incarnation as The Mutual.

Health Minister Terrence Deyalsingh

Dengue strikes T&T health minister

(Trinidad Express) Health Minister Terrence Deyalsingh revealed yesteday that his recent and sudden hospitalisation was due to dengue. Deyalsingh was admitted to the Port of Spain General Hospital (POSGH) on July 13 after experiencing a two-day history of fever and fatigue.

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