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Tags Caribbean News Blog; February, 2009 Archive; Caribbean News Blog | 02/28/09 20:15
We all know that an economy has a cycle of recessions and bull runs. It's always a cycle of boom and bust. A recession is an economy's way of correcting itself. However, Jamaica seems to be having an especially difficult problem--it seems to be stuck in the bust phase.In the last 7 years alone, Jamaica has seen 4 recessions (if we follow the traditional definition of a recession), and it does not seem to get any better these days. [404 Check: was link to http:/ / www. jamaicaobserver. com/ magazines/ Business/ html/ 20090217T230000 -0500_ 146384_ OBS_ JAMAICA_ S_ RECESSION_ DEEPENS_ . asp, anchor: News: Jamaica's recession deepens - JamaicaObserver.com]
Tags: recession deepens • jamaica •
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02/18/09 21:57
Civil unrest defines the happenings right now over in the French Caribbean islands as locals continue to detest higher prices of commodities and resent the elite whites living in the islands' vacation areas.About 50 people were detained for causing the riots, according to Nicolas Desforges, the islands' top official. Other strikers were sprayed with tear gas to disperse the population. [404 Check: was link to http:/ / www. google. com/ hostednews/ ap/ article/ ALeqM5jmweJ8SzMduOZH3iKJMPyKFo2Y5wD96D17U00, anchor: News: The Associated Press: Clashes exacerbate strike in French Caribbean]
Tags: strikes • french caribbean •
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