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Top Bitcoin exchange MtGox goes offline

bitcoins-moneyOne of the biggest Bitcoin Exchanges, MtGox, has gone offline.

The exchange has been hit by technical issues and recently halted all customer withdrawals of the digital currency after it spotted what it called "unusual activity".

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OECS public servants assured no salary cuts

oecs-caribCASTRIES, St.Lucia, CMC - Public servants across the Organisation of Eastern Caribbean States (OECS) have been given the assurance that there will be no cuts in their salaries while the governments battle the effects of a current global economic downturn.

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CARICOM accused of ‘hypocrisy’ relating to St Kitts/Nevis and Venezuela political situations

caricum-sk-nevis-issuesKINGSTOWN, St. Vincent,  CMC – The leader of the Opposition New Democratic Party (NDP), Arnhim Eustace, has accused the Caribbean Community (CARICOM) of “hypocrisy” in relation to its response to the political situations in St. Kitts and Nevis and Venezuela.

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IDB launches Caribbean Energy Initiative to tackle high costs

idf-cb-cutsPORT-OF-SPAIN, Trinidad, Thursday, CMC – The Inter-American Development Bank (IDB) says Caribbean finance ministers have expressed concern about the high energy costs in the Caribbean that “constrain living standards and growth.”

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Finance minister confirms Antigua removed from FATF “Grey List”

antigua-money-launderST. JOHN’S, Antigua,  CMC – Finance Minister Harold Lovell said that Antigua and Barbuda has been removed from the “Grey List” of the Paris based Financial Action Task Force (FATF).

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