Regional News

Jamaica companies blocked from selling cheap pressure drug

(Jamaica Gleaner) Jsmaican pharmaceutical company, Indies Pharma, is gearing up for a court battle with international drug-manufacturing giant, Pfizer-USA, over local distribution of hypertension medication used by thousands of Jamaicans living with the debilitating illness.

DPP calls for Karen probe

(Trinidad Guardian) Acting Director of Public Prosecu-tions Carla Brown-Antoine believes that Finance Minister Karen Tesheira should be investigated by the DPP’s office for her role in the CL Financial issue.

‘Liquidity support for region should top Trinidad agenda’

(Jamaica Gleaner) – Caribbean thinkers are agreeing that an immediate need to find liquidity to support Jamaica’s budget, as well as those of other islands in the region, should be the foremost issue on the agenda of Prime Minister Bruce Golding and other Caribbean Community (Caricom) leaders when they meet with United States President Barack Obama at the fifth Summit of the Americas in Trinidad next month.

More time on CLICO injunction

(Trinidad Express) PORT-OF-SPAIN – An injunction barring the CL Financial Group from transferring or disposing of its assets of the subsidiary, Clico, has been extended further to April 8 by Justice Judith Jones.

Seven murdered in 15 hours

(Jamaica Observer) – Gunmen went on a murder spree in the Corporate Area and St Catherine on Tuesday, killing seven persons in an almost 15-hour span.

Flintoff declared fit to face Windies in third ODI

BRIDGETOWN, Barbados, CMC – West Indies will have to deal with the threat of England’s talismanic all-rounder Freddie Flintoff, when they go in search of a series-leading win in Friday’s third One-Day International at Kensington Oval.

Duprey in energy ‘fire sale’ to raise severance money

(Trinidad Guardian) Three days after publicly signing the Memorandum of Under-standing (MOU) aimed at saving Clico’s depositors and policyholders, Lawrence Duprey was scrambling in a virtual fire sale to sell off key energy assets to his German business partners, according to documents made available to the Trinidad and Tobago Guardian.

Vaz in landslide victory

(Jamaica Gleaner) West Portland on Monday forcefully rejected an application from People’s National Party (PNP) candidate Kenneth Rowe to be its member of parliament, and opted instead to have the Jamaica Labour Party’s (JLP) Daryl Vaz resume representing it in the House of Representatives.

New Turks and Caicos premier sworn in

(Jamaica Gleaner) Hours after embattled premier of the Turks and Caicos, Michael Misick stepped down, he was on Monday replaced by businessman Oliver Galmo Williams, a member of his organisation, the Progressive National Party (PNP).

BBC Caribbean News in Brief

Roseau points to ‘rewarding’ relations with Beijing Five years after ditching Taiwan and opening relations with Mainland China, Dominica’s Prime Minister Roosevelt Skerrit is describing Roseau’s ties with Beijing as “rewarding”.

Cops head to summit in T&T

(Jamaica Gleaner) – Thirty local police officers will be part of a regional team to provide security at the Fifth Summit of the Americas in Port-of-Spain, Trinidad, from April 17-19.

Chavez trims budget, adds debt to counter crisis

CARACAS, (Reuters) – Venezuelan President Hugo  Chavez on Saturday almost tripled his government’s borrowing  plan and trimmed his budget to offset a slide in oil revenues,  but resisted pressure to devalue the local bolivar currency.

Jamaica developers stuck with hundreds of houses

…as economic slowdown affects buyers (Jamaica Gleaner) The downturn in the economy has hit real-estate developers, with some forced to stall projects while others are hurting in the pocket as houses on the market are being sold at a painfully slow pace.

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