Caribbean Report 20-05-1993 - Rowe, Yvette (anchor); Hemlock, Doreen (correspondent); Allen, Gary (correspondent); Bacchus, Earl (interviewee); Jarvis, Mike (correspondent); ul Haq, Mahbub (interviewee); Martin, Lionel (correspondent); Gajdusek, Daniel Carleton (interviewee) (The British Broadcasting Corporation, 1993)
1. Headlines (00:00-00:36)
2. Puerto Rico has suspended loans under the 936 Programme for projects exceeding five million dollars. The Ways and Means Sub-committee in Washington approved President Clinton’s plan to scale down the Programme. The matter has to be heard by the U.S. Senate. The scaling down of the programme has implications for funding in the Caribbean region and in particular energy projects in Trinidad and Tobago and Guyana. Doreen Hemlock reports (00:37-04:18)
3. Heavy rains in Jamaica have resulted in seven deaths and flooding and losses in the island’s vital agricultural sector. Prime Minister, P.J. Patterson announced an aid package of 250 million dollars to the affected areas. The Inter-American Development Bank, the Saudi Arabian Bank and the Caribbean Development Bank provided the funds for the flood relief programme. Gary Allen reports (04:19-06:38)
4. The U.S. trade surplus with the Caribbean shows little sign of decreasing, an inevitable consequence in the short term with the lowering of the Common External Tariff. Interview with Earl Bacchus, Project Director, Caribbean Export Development Agency (06:39-10:27)
Keywords: Puerto Rico -- Finance -- Caribbean Area; Caribbean Area -- Finance -- Puerto Rico; Loans -- Caribbean Area; Loans -- Puerto Rico; Floods -- Jamaica; Natural disasters -- Jamaica; Inter-American Development Bank; Caribbean Development Bank; Exports -- Caribbean Area; United States -- Trade -- Caribbean Area; Caribbean Area -- Trade -- United States; Cost and standard of living -- Caribbean Area; Diseases -- Cuba; United Nations Development Programme; Patterson, P. J. (Percival James), 1935-; Saudi Arabian Bank; 936 Programme