CLAW Politics: Caribbean and Latin America Watch
Monday, June 17, 2013
Curacao outlook revised to stable from negative on fiscal reforms; ratings affirmed
Standard & Poor's Ratings Services on Friday affirmed its 'A-' long-term and 'A-2' short-term sovereign ratings on the government of Curacao, and revised the outlook to stable from negative.
"The outlook revision reflects a series of measures taken by the government since January 2013 to improve Curacao's fiscal position, including reforms to tackle the deterioration in the public-sector health and pension systems seen over the last five years," said Standard & Poor's credit analyst Richard Francis.
"The outlook revision reflects a series of measures taken by the government since January 2013 to improve Curacao's fiscal position, including reforms to tackle the deterioration in the public-sector health and pension systems seen over the last five years," said Standard & Poor's credit analyst Richard Francis.
Organization of Eastern Caribbean States (OECS) observes 32-year anniversary on Tuesday
Tuesday, June 18, 2013, will mark 32 years since the establishment of the Organization of Eastern Caribbean States (OECS). Thirty two years of facilitating efforts by the nine member states to further develop the people of the OECS region through various programs and projects in several cases with the help of the international donor community.
Trinidad Agrees on Environment Initiatives With European Union
Trinidad and Tobago has signed a financing agreement for $10.67 million with the European Union for an environment programme.
The funding, which was announced this week by Sustainable Development and Planning Minister Dr Bhoendradatt Tewarie, is coming from the EU’s Environmental Programme for Trinidad and Tobago. It will go toward the government’s implementation of the National Environmental Policy, Forest Policy, Protected Areas Policy and National Climate Change Policy. It covers a period of eight years.
The funding, which was announced this week by Sustainable Development and Planning Minister Dr Bhoendradatt Tewarie, is coming from the EU’s Environmental Programme for Trinidad and Tobago. It will go toward the government’s implementation of the National Environmental Policy, Forest Policy, Protected Areas Policy and National Climate Change Policy. It covers a period of eight years.
EU's G8 agenda: Fairness, growth, jobs and development
The European Union, the world’s largest aid donor, will use this week’s G-8 Summit in the United Kingdom to deliver a strong message on the bloc’s goals: Fairness in trade, inclusive growth, job creation and a push for development. Despite budget constraints that have forced most member states to defer their targets on aid spending as a percentage of gross national income, the EU still plays an influential role at the meeting of the world’s eight wealthiest nations, excluding China and Brazil.
Peru Humala's Approval Rating Slips for Fourth Straight Month
Peruvian President Ollanta Humala's approval rating fell in June for the fourth straight month to nearly the lowest level of his term, due in part to his refusal to pardon jailed former President Alberto Fujimori, according to a poll released on Sunday. The popularity of Humala, who has been in office nearly two years, slipped to 41 percent in June from 46 percent in May, pollster Ipsos said.
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