Caribbean Report 17-08-1988


This program features news of a 15% devaluation of the Trinidad and Tobago dollar by the government of Trinidad and Tobago, and regional reactions to this move. Also featured are news of an agreement between the Jamaican government and the International Monetary Fund (IMF), and a report on a dispute regarding security arrangements in the run up to England's Notting Hill Carnival. Finally, the program features a report on athletics in Zurich and the keenly contested 100 metre race between Carl Lewis and Ben Johnson, and ends with a brief report on disciplinary action taken against Barbadian fast bowler Sylvester Clarke for unprofessional conduct.


Table of Contents

1. Headlines -- Jerry Timmins ( 00:00—00:19)
2. Trinidad and Tobago government announces a devaluation of the country’s dollar. Jerry Timmins chats with economist Dennis Pantin regarding the impact of this devaluation and possible strategies for mitigation. (00:24—03:07)
3. Reactions to the devaluation from outside of Trinidad and Tobago. BBC correspondent Yvette Collymore reports on the views from regional economist Wendell McLean in Barbados, who believes that the devaluation will bring no lasting benefits to the Trinidad and Tobago economy. (03:08--04:50)
4. Jamaica enters into a $140 million credit agreement with the IMF. BBC correspondent Canute James is interviewed by Jerry Timmins on the issue. (04:51—07:26)
5. Financial report – Pat Whitehorn (07:35—08:33)
6. The Carnival Arts Committee and the Metropolitan police still at loggerheads over the running of the 1988 Notting Hill Carnival. With just ten days to go, the Carnival Arts Committee has reportedly not presented the agreed upon number of stewards for safety training by the police. Pat Whitehorn interviews Commander Larry Roach of the Metropolitan Police regarding the matter. (08:38—11:18)
7. Report on a 100 metre clash between Carl Lewis and Ben Johnson in Zurich. Correspondent Andy Edwards presents highlights of the race which also included Jamaica’s Raymond Stewart and Britain’s Linford Christie. Brief results of other track events are also featured. (11:21- 12:44)
8. Cricket highlights – BBC Correspondent Hugh Crosskill reports on disciplinary action taken against Barbadian fast bowler Sylvester Clarke by Surrey County Cricket Club. Clarke has reportedly failed to show up for a critical championship match, and was charged with unprofessional conduct. (12:46-14:07)