1997 January-June CR

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Browsing 1997 January-June CR by Author "Archer, Robert (interviewee)"

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    Caribbean Report 18-03-1997
    (The British Broadcasting Corporation, 1997-03-18) Orr, Carol (anchor); Seaga, Edward (interviewee); Grant, Jennifer (correspondent); Bonnick, Gladstone (interviewee); Cheng, John (interviewee); Fraser, Tony (correspondent); Goffe, Leslie (correspondent); Archer, Robert (interviewee); The British Broadcasting Corporation
    Edward Seaga, one of Jamiaca’s Opposition leaders has described the recent government takeover of the Eagle Financial Group as sinister. He claims that early pleas by the company for government’s help aimed at encouraging overseas investment were ignored. Next, Jamaica’s Finance Minister says that once private investors are found, FINSAC will sell its shares and relinquish control. However, Mr Seaga maintains that he has major misgivings of what he has seen as sinister reasons behind the takeover. Next, in the United States’ bid to counter the illicit drug trade, Commander of Chief of the United States Atlantic Command says that the US ought to address the Caribbean social and economic problems as well. Next, a World Trade Organisations dispute panel has found the European Union banana regime favouring imports from mainly Caribbean countries violates open trading rules. The report came down in favour of a complaint by the United States and four Latin American states that the Euro regime discriminated against their marketing companies and producers. In this segment, recently released federal records have shown that strange coincidences have appeared between Chiquita donations and action taken on bananas by the Clinton administration. Next, general elections in Britain is just over six weeks to go and the Caribbean is not concerned about the length of the campaign but on the possible effects a change of government might have on the UK relations with the region especially in the area of overseas aid. Finally, the Cayman’s Island 1997 budget has triggered protest from both the public as well as the tourism industry as an environmental impact fee is being imposed on departing visitors and is not being spent on the environment.