Caribbean Report 26-09-1991

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Caribbean Report 26-09-1991

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Title: Caribbean Report 26-09-1991
Author: Jarvis, Mike (anchor); Norton, Michael (correspondent); Alleyne, Gary (correspondent); Meeks, Brian (interviewee); Brown, G. Arthur (interviewee); St. Cyr, Eric (interviewee)
Description:
1. Headlines (00:00-00:20)
2. First time in the history of the United Nations, one of its founding members, Haiti, sent an elected President to address the General Assembly in New York. President Jean Bertrand Aristide made an impassioned speech yesterday which addresses the deportation of Haitians from the Dominican Republic, regional solidarity in the Caribbean and the democratic thrust of Haiti. Michael Norton reports (00:21-04:07)
. Under the new liberalization foreign exchange system, Jamaicans who hold foreign currency accounts abroad are reluctant to return their money to banks in Jamaica. Gary Alleyne reports that some fear foreign currency accounts at home will be heavily taxed (02:18-04:07)
4. The new foreign exchange policy in Jamaica also led to the further devaluation of the dollar and Jamaicans are bracing themselves for new price hikes. Comments from Dr. Brian Meeks, Government lecturer at the University of the West Indies, Mona (04:08-07:13)
5. Governor of the Bank of Jamaica, G. Arthur Brown, cautions Caricom countries against rushing headlong into liberalizing their foreign exchange currency and advises that the system should be implemented in a structured manner (07:14-10:28)
6. Grenada is also introducing a structured adjustment system and a team of regional experts is soon air marked to present the Grenadian government with the recommendations for the new policy. Comments from Dr. Eric St. Cyr of the Monetary Studies Unit at the University of the West Indies (10:29-13:35)
7. Concerns continue to rise over the condition of boxer Michael Watson who sustained severe brain injuries in a recent World Middleweight title in London. He remains in a coma since the fight (13:36-14:39)
URI: http://hdl.handle.net/2139/45607
Date: 1991-09-26


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