Caribbean Report 14-06-1990

Abstract

Reports and speculations in Georgetown, Guyana of another devaluation of the Guyana dollar are fuelled by a scheduled address by the Minister of Finance to at a special sitting of Parliament tomorrow. Secondly, Haiti’s Provisional Electoral Council announces that general elections will be held in September since the new president should take office by 7th February. However, there are widespread concerns about the readiness of the country for elections. Following the Financial News, Trinidadian Edwin Carrington, former Secretary General of the ACP, is currently at the centre of a row surrounding the post of Director of the Centre for Development of Industry. In the next segment, the police force in the Dominican Republic has arrested more than 200 people accused of lighting candles in front of their homes as a political protest against the “death of democracy” pending the results of the general elections that took place a month ago. In addition, the decree that all travellers arriving in the Dominican Republic are required to change US$100.00 has been postponed. The report concludes with anxieties in St. Martin over the approaching single market in Europe after 1992.