Caribbean Report 07-01-1997

Abstract

The report states that bankers in St. Lucia demand a comprehensive three year plan from banana farmers already badly in debt. The next segment reports that a US Virgin Island based firm is being ordered to refund 26 million US dollars worth of advisory fees to Guyana’s Telephone Company. According to the Public Utilities Commission the money was paid to the ATN company, a parent company of GTandT, which is based in the US Virgin Island. Just seven days into the new year Jamaica’s death toll has risen to sixteen. National Security Minister Kadi Knight says that his crime fighting plans have to be given time to work. The following segment says that the price of gold worldwide continues to trade at its lowest level for more than three years and Guyana, the largest producer in the Caribbean, is counting its losses. In the next segment, the Head of the Caribbean Council of Churches believes that a papal visit to Cuba next year would be significant and the Reverend Doctor Monroe Williams discusses the issue. In addition, the World Council of Churches is accusing Nigeria’s military government of widespread repression in the oil rich Burgoni region. In the final segment, after a meeting with Muammar Gaddafi, the Nation of Islam leader Louis Farrakhan said Washington should initiate solution for the alleged sabotage of an airliner by Libyans.