Caribbean Report 02-02-1993

Abstract

The Caribbean and other developing countries have been increasingly marginalized by foreign investors. A report from the OECD states that there was a fall from 25% - 19% in the past ten years, with dwindling access to bank lending - causing developing countries to increase their reliance on foreign investment. Mike Jarvis interviews David Dodwell – World Trade Editor with Britain’s Financial Times newspaper, who expresses his economic predictions of the results of the OECD report for the Caribbean region. UN envoy Dante Caputo received a less than warm welcome into Haiti by anti Aristride supporters. In an interview with Debbie Ransome, Robert I. Rotberg - US Observer of the 1990 elections in Haiti - expresses his views on the consequences of military action in Haiti, and the protest towards Dante Caputo’s visit to Haiti. There is mounting speculation in Barbados that the British company Booker Tate could take over the country’s problem plagued sugar industry. This has raised much anxiety among sugar workers and signs of resistance by local companies bidding for the job. David Thompson – Minister of State in the Ministry of Finance announced that an interim arrangement has been proposed to coincide with the transfer of assets and management to two newly formed – government companies. The Barbados Sugar industry - Dr. Anthony Brathwaite - Chairman of the Barbados Agricultural Management Company said that no firm arrangements have been put into place for the interim management of the sugar industry. The Barbados Worker’s Union President - Robert Bobby Morris told Caribbean Report that the union is pressing for severance payment for workers by the end of March - correspondent Sandra Baptiste reports. World renowned pediatrician - Dr. Benjamin McLane Spock has joined a campaign aimed at getting the 30 year US Trade embargo against Cuba lifted. Dr. Spock has taken a shipment to medical supplies to Cuba to highlight what he said was an unjust US policy towards Cuba and was politically unsound, since Cuba presented no threat to the US. The American Religious Organization - Pastors for Peace has also mounted another shipment of humanitarian aid to Cuba. The Jamaican Foreign Minister – David Core on a visit to Cuba said that his country was hoping to improve its trade and ties with Cuba. In an interview with correspondent Debbie Ransome, Dr. Wayne Smith – Head of Cuban Studies at the John Hopkins School of Advanced International Studies in Washington, expresses his views on the negative socio-political and economic impact of maintaining the embargo. Former Montserrat Chief Minister - John Osborne and his Agriculture Minister - Noel Tuitt were acquitted of corruption charges in the local High Court. They were both charged with misconduct in public office and conspiring to obtain money for a land license – correspondent Debbie Ransome reports.

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Table of Contents

Headlines with anchor Debbie Ransome (00:00-00:33)
1. The Caribbean and other developing countries have been increasingly marginalized by foreign investors. A report from the OECD states that there was a fall from 25% - 19% in the past ten years (00:34-03:41)
2. UN envoy Dante Caputo received a less than warm welcome into Haiti by anti Aristride supporters (03:42-07:25)
3. There is mounting speculation in Barbados that the British company Booker Tate could take over the country’s problem plagued sugar industry (07:26-09:55)
4. World renowned pediatrician - Dr. Benjamin McLane Spock has joined a campaign aimed at getting the 30 year US Trade embargo against Cuba lifted (09:56-14:29)
5. Former Montserrat Chief Minister - John Osborne and his Agriculture Minister Noel Tuitt were acquitted of corruption charges in the local High Court (14:30-15:03)

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