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About Me
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2009
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July
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- Soul, Spirit and Mind
- Leadership
- “Faith is the evidence of things not seen”
- Yellow Crescent Moons
- The commitment of the Emancipated
- Soufriere Youth Summer Programme
- SLEF congratulates the Island’s first certified “S...
- Six Professors Appointed
- Organic Foods - Are they more nutritious?
- Martha Stewart and Sandals partner on weddings
- LIME Launches “U R It” Campaign
- Fire and Emergency Services commence operations on...
- CTO, SLTB Aids Gros Islet Summer Camp
- Colin Francois is LIME Carnival Blackout Grand Pri...
- Arts in St. Lucia, an Evolution?
- Travel stimulates economics and helps poorer natio...
- SLISBA holds its 20th Annual General Meeting on Su...
- Market composition
- It is time for a new direction!!!
- Highlights of ECCB 2008/2009 Annual Report by Sir ...
- FirstCaribbean Daily Markets Report
- Crime and the Consumer - Part 6
- CMMB Market Wrap
- A talk long overdue
- Will the real Maryanna Williams please Stand Up?
- What’s The Sense ?
- What A Country
- Point Seraphine Sale / IMF Loan
- Is Moral leadership a Thing of The Past?
- In the aftermath …
- Handling of Honduras Crisis flawed from the start
- Gulliver’s travels revisited
- Tampering With Tradition
- Three for Pan Am Games in Trinidad
- The Aftermath
- Soufriere: Swimming Big
- NYC Central Castries summer sports festival
- Busy Schedule Ahead for Local Boxers
- Bronze for Teddy Matthews at 51st CTTC
- Saint Lucia Goes to the IMF
- Police News
- Fuel prices to change early September
- Daher Building Loan
- New Guyana/St. Lucia Association Board Elected
- Helping Hands Help Out
- FirstCaribbean and CYBT fill the financing gap for...
- Pep now leads the way:
- Paradise not quite lost
- Incestuous mediocrity must stop
- A Sad Note In Music
- 1000 Words
- SLFA President Speaks out on Blackheart Issues
- Lancers Again
- Another medal for Spencer
- 8 Wicket Win for Mon Repos versus Gros Islet at home
- Saved by Inmates’ “Goodness”
- Pair survive Barre de l’Isle precipice
- Fatal Police Shooting
- Fearless Festival
- Witnesses pleased that hundreds came to “Keep on t...
- On the proceeding of the Human Spirit from God
- Leadership
- Faith is the evidence of things not seen: Hebrews ...
- Top Students Rewarded
- The pathway to OECS Economics Union – PART 2
- SLASPA - Ahead of the Learning Curve with Their Ta...
- R.C. Boys Celebrate Centennial
- OECS Secretariat sends Tamiflu to Member States to...
- Limited and unlimited companies
- Late Carnival Announcements
- Five D.A.R.E officers off to training in the Unite...
- Digicel says ‘HIP HIP HORAY’ to a Bigger, Better C...
- 50% extra credit when you top up online with lime
- 2 more cases of H1N1 confirmed in Saint Lucia
- Tourism Stimulus Package - A master stroke, says S...
- Computer nostalgia (II)
- ‘Ongoing Weakness In Demand For Air Travel,’ Says ...
- NDC convenes stakeholder’s conference on revised l...
- “Job Hunting – The Employers’ Perspective”
- Highlights of ECCB 2008/2009 Annual Report - Part 2
- FirstCaribbean Daily Markets Report
- CMMB Market WRAP
- Will the Real Maryanna Williams Unmask!
- When the music dies...
- Up with Whimsy!
- Substance Abuse Secretariat promotes drug abuse pr...
- Should the Star Publishing be the only Media house...
- Facing financial challenges in the Caribbean’s sma...
- Can Obama withstand his health care conflict?
- Bertie Wooster and Jeeves on Paradise Island
- 1000 Words
- Strange Laws
- Job Well Done
- Young St. Lucian races into sprint record books
- World’s Swimming Championships for 5 local swimmers
- SLBF to stage Camp and Coaches Clinic
- Goals mounting in Women’s Football
- Back To Stay
- 5 for 51st Caribbean TT Championships
- Twenty five Digicel golden tickets left!
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July
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12 comments:
That is a stupid move.St.Lucians will live to regret this.
it is far better to tighten the belts and weather the storm while looking for productive ways to develop regional trade as well as viewing the direction the international economies are headed.One salient fact:the United states of America is fast becoming a regional power and the center of power is shifting to asia and europe.
`Why would you sell that area? how dumb can you get?
The SLP Government sold majority shares in the Bank of St.ucia to the TRINIS.. Why was there no hue and cry about this?????
when we we learn to debate things objectively, based on fact? why must every discussion degenerate to a UWP/SLP battle?
As a rule the sale of assets such as Pointe Seraphine should first be debated in Parliament and all the fact of that sale should me made available.
Its shamefull that st.lucia publi and private sector cannot get there act together. Kenny sold Bank of Slu to the Trinnies, how about blue coral, look CMMB teaming up with the Trinnies.. Lucians can't trust and do business period. No wonder the politicians like to sell, there more like salesmen earning commission, up from and to hell with all else. All of Lucia is for sale...COD.
Why not put up on eBay and Amazon.com; "St. Lucia - For Sale".
What a perfect way to showcase St Lucia. News images of St Lucia on(CNN, BBC, ABC, CBS even Fox)would be priceless.
If I deliberately left a good job and then came to you and started begging you for breakfast,lunch and dinner,what WOULD YOU SAY?
....Now that you have answered the question this is what St.Lucia has allowed the government to do: sell a resource and then take a loan from IMF.errrr where is your collateral for the loan mr government sir?
So you got the loan on easy terms yeah?...so is the first drug buy. Then as soon as you get hooked....you know what?the terms of the deal changes.you got an easy loan this time but the next haha you pay for this one and all the others you will be FORCDED to take,for your debt will require organisation and then IMF will say,I'll give it to you ,I'll give you the check book and you will bite for there, you love the easy life the make believe TV life.Someone is giving the St.lucia government some pretty bad advice.
FOR SECURITY REASONS YOU BETTER TAKE STOCK OF YOUR SELVES REALLY FAST
better sell it to the TRINIS than the IMF.Trinis may have mercy IMF WILL NOT
If the price is right then I say sell it and collect property taxes every year. If the building is used for private sector business then let the private sector own it.
St.Lucia is not a dictatorship so the government doesn't have to own these types of buildings.
Why protect against exogenous shocks?
An exogenous shock is an event that has a significant negative impact on the economy and that is beyond the control of the government. That could include commodity price changes (including oil and food), natural disasters, and conflicts and crises in neighboring countries that disrupt trade. Low-income countries have a higher incidence of shocks than other developing countries and tend to suffer larger damages when they occur. At the same time, these countries have limited capacity to build up cushions of foreign currency reserves and government revenues to protect against shocks, and market insurance tends to be inordinately expensive or unavailable. External assistance can help reduce the effects of shocks, but the assistance needs to be available quickly. It should also include incentives for good economic policies and measures to reduce vulnerability to future shocks.
Thanks two the slp and its proxys.
You're welcome...lol
your approach seems to indicate that the source of the external shocks and the source from which you are seeking external financial assistance are not the same.Indeed they are the same source.In other words the institutions from which you are seeking assistance assistance are the same ones which generate the shocks
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