Caribbean Report 19-06-1992



Table of Contents

1. Headlines (00:00-00:35)
2. Marc Bazin is sworn in as the Prime Minister of Haiti. Correspondent Michael Norton comments on the atmosphere in Haiti (00:36-03:11)
3. Ousted Haitian President Jean-Bertrand Aristide foresees eventual military intervention if the de facto government is not dislodged (03:12-03:30)
4. Caribbean Rights wishes an official invitation be extended to President Aristide to attend this month end’s CARICOM Heads of Government meeting in Trinidad (03:31-03:48)
5. Gary Allen reports that the use of the Butch Stewart initiative to stabilize the Jamaican dollar is likely to become controversial as business and political interests blur national concerns (03:49-05:34)
6. World Bank report on the state of Grenada’s economy points to wage agreements with port workers as potentially setting back economic recovery. Curtis Augustus, General Secretary of the Caribbean Council of Labour comments on the issue (05:35-09:21)
7. Experts in the offshore funds industry see offshore banking as the next major growth area for the Caribbean. Leslie Goffe reports with comments from Reuben Meade, Montserrat’s New Chief Minister and Tony Stocks, Vice President of CITCO (09:22-13:50)
8. As Cuba puts her fledgling oil industry on the international market, the London Times reports that a British Company has won the contract to organize the country’s first licensing round for production sharing contracts with foreign oil companies (13:51-14:38)