Robert Ready

1,739 Added | 4 Magazines | 17 Likes | 9 Following | 309 Followers | @notready | Retired Diplomat w interest in Canadian politics, understanding the Caribbean. Follows developments in international economic policies (trade; investment; air transport)

Puerto Rico pension, highway agency join government in bankruptcy

NEW YORK (Reuters) - Puerto Rico's federal oversight board has sought bankruptcy protection for the island's highway authority and largest public pension, making them the latest commonwealth entities to turn to a court to work out debt.<p>The board filed the cases late on Sunday in U.S. District Court …

Puerto Rico

Cuba's Proxy War in Venezuela

Venezuelan strongman Nicolás Maduro is responding to mass demonstrations by selectively killing civilians. If, as a result, some branch of the military breaks with the regime, the country will descend into civil war. But until then it’s a one-sided slaughter.<p>It’s also a Cuban proxy war. More than a …

Venezuela

After Donald Trump rails against 'cruel despotism', Cuba state TV calls him 'ill-advised US president'

<b>Havana:</b> Cuban state television responded to a statement by US president Donald Trump on Saturday — railing against "cruel despotism" in the Caribbean …

Cuba

Pacific ministers commit to move ahead with pact without US

HANOI, Vietnam (AP) — Pacific Rim trade ministers meeting in Vietnam committed Sunday to move ahead with the Trans Pacific Partnership trade pact after the United States pulled out.<p>New Zealand Trade Minister Todd McClay said the remaining 11 TPP countries are open to others joining provided they …

International Relations

What Should Canada’s Aims be in Any Renegotiation of NAFTA? (Win)

Image credit: Associated Press<p>by Sarah Goldfeder<br>CGAI Fellow<br>May, 2017<p>Table of Contents<p>Executive Summary<p>On Jan. 23, the first Monday after being sworn …

Globalization

Canada threatens U.S. over aerospace as NAFTA talks loom

The Trudeau government is threatening to jettison a multibillion-dollar purchase of Boeing Super Hornet fighters if the United States proceeds with damaging trade action against Montreal-based Bombardier Inc. – a warning shot fired the same day the Trump administration officially started the …

Canada

Bribery scandal met with near-silence in Dominican Republic

SANTO DOMINGO, Dominican Republic (AP) — One of the most sprawling corruption scandals in modern history has deep roots in the Dominican Republic: The Brazilian company behind the operation placed its international "bribery bureau" in this Caribbean country and shoveled out nearly $100 million in …

Latin America

EU calls for elections in Venezuela

BRUSSELS (Reuters) - European Union foreign ministers urged Venezuelan authorities to hold elections and release political prisoners to help end six weeks of demonstrations against President Nicolas Maduro that have killed dozens of people.<p>In the EU's most outspoken reaction yet to events in …

Venezuela

BBC World Service - The Inquiry, How Did Venezuela Go From So Rich To So Poor?

Once the richest country in South America, Venezuela is now in deep economic crisis.<p>Children in school are fainting from hunger; patients are dying from the lack of basic medicine. As prices spiral out of control, cash is carried not in wallets, but in backpacks. Street protests over the crisis are …

EU ruling could complicate new trade deals _ including UK's

BRUSSELS (AP) — In a landmark case that could shape future relations between the European Union and Britain, the EU's highest court said Tuesday that key parts of a trade deal with Singapore must be approved by each member state, a precedent that would further complicate the bloc's …

Free Trade

Our dollar needs adjusting

THE UNITED STATES DOLLAR is wildly overvalued, and our Central Bank’s stubborn adherence to a 2:1 US dollar parity is going to stall all our attempts …

Canadian officials ready for NAFTA renegotiation talks with U.S.

The Trump administration is likely to quickly trigger the process that will lead to renegotiation of the North American Free Trade Agreement, now that a new U.S. trade representative has been confirmed, say two Trudeau cabinet ministers heading Canada’s side of the talks.<p>International Trade …

Canada

India not for discussing investment facilitation issues at WTO

<b>New Delhi:</b> India has raised serious concerns over bringing issues related to investment facilitation within the ambit of WTO saying these are …

China’s push to reshape global trade comes with high costs

Had you come to Gwadar in 2000, you would have taken in what Sohaib Jamali saw on his first trip here: a small, dusty fishing outpost huddled at the end of a long and terrible road in the distant southwestern corner of Pakistan, just 70 kilometres from the border with Iran.<p>Even three or four years …

China

Dominican Republic tightens border as UN troops leave Haiti

<b>Dominican Today reports that Defense Minister Rubén Darío Paulino announced that the Dominican Republic will continue to reinforce the border in view</b> …

Dominican Republic

In blow to Trump, GE backs NAFTA and voices support for Mexico

MONTERREY, Mexico (Reuters) - General Electric (GE.N) on Friday praised Mexico as a big part of its future and said the company is "very supportive" of the North American Free Trade Agreement (NAFTA) that U.S President Donald Trump has threatened to ditch.<p>GE Chief Executive Officer Jeff Immelt said …

Latin America

Bahamas welcomes new Prime Minister Hubert Minnis

Hubert Minnis, a former health minister whose friends call him “Doc,” was sworn in Thursday as prime minister of the Bahamas, the country’s fourth …

Elections

A little-watched Caribbean election presents an interesting storyline for US/China relations

A little-watched election Wednesday in the Bahamas provides an accompanying, intriguing storyline on US-China relations.<p>On Wednesday, the Bahamian people will choose between incumbent Prime Minister Perry Christie's Progressive Liberal Party, or its main opposition, the Free National Movement. A …

China

Bahamas votes in closely-contested general election

Election pits party of Prime Minister Perry Christie against main opponent Hubert Minnis of the Free National Movement.<p>Voters in the Bahamas headed to the polls on Wednesday in a hotly-contested general election overshadowed by corruption allegations and rising unemployment.<p>The election pits the …

Elections

Canadian marijuana company starts exporting to Cayman Islands

GEORGE TOWN, Cayman Islands (CMC) – The Canadian-based medical cannabis company CanniMed Therapeutics exported its first International shipment of …

Cannabis

Communist Cuba opens luxury shopping mall in Havana

The expensive Western consumer goods on display do not provide an image normally associated with Cuba. However they are on sale in the heart of old Havana: the communist island has opened its first luxury shopping mall since the 1959 revolution.<p>One pair of fashion trainers had a price tag of $268 …

Cuba

Infant mortality and malaria soar in Venezuela, according to government data

CARACAS (Reuters) - Venezuela's infant mortality rose 30 percent last year, maternal mortality shot up 65 percent and cases of malaria jumped 76 percent, according to government data, sharp increases reflecting how the country's deep economic crisis has hammered at citizens' health.<p>The statistics, …

Venezuela

Venezuela Needs a New Leader, Not New Constitution, Almagro Says - Bloomberg

Venezuela’s President Nicolas Maduro has gone too far to bring the country back from the brink, said the secretary-general of the Organization of …

Venezuela

The Truly Horrible And Ghastly Mess Of Puerto Rico's Bond Issuance

Now that Puerto Rico is using some semblance of bankruptcy law (under Promesa) to sort out its entirely unviable economic situation the attention of people like me is turning to, well, how did they get there? Sure, fair enough, perhaps we should have been delving into the details years ago and some …

Finance

What's the state of the Church in Cuba?

Santiago de Cuba, Cuba, May 5, 2017 / 09:04 am (CNA/EWTN News).- Following the Cuban bishops' ad limina meeting with Pope Francis on Thursday, one of …

Cuba

Pride of Venezuela turns on his government and tells Nicolas Maduro 'enough is enough' as wife of Leopoldo Lopez demands to see him

A celebrated Venezuelan composer who was the pride of his country’s government has turned against the nation’s leaders, telling President Nicolas Maduro: “Enough is enough.”<p>Gustavo Dudamel, 36-year-old conductor of the Los Angeles Philharmonic, whose prodigious talent inspired Gael Garcia Bernal’s …

Venezuela

What it’ll take to renegotiate NAFTA

Reporting on Canadian politics for CBC News. Raising three great kids with @michaelpetrou. Squeezing in other stuff when I can.

Russia resumes oil shipments to Cuba, helps fill Venezuelan breach

| HAVANA<p>Russia has begun shipping large quantities of oil to Cuba for the first time this century, sources said, as supplies to the island from crisis-wracked Venezuela have dwindled.<p>A Russian oil tanker with 249,000 barrels of refined products is due to arrive in Cuba on May 10, according to …

Oil

Carnival to Build Largest Cruise Port in the Bahamas

<i>PHOTO: A sunlit Carnival Sunshine steaming to her next port-of-call. (photo courtesy of Carnival Corporation & plc)</i><p>Carnival Cruise Line and the …

Travel

On softwood, Canada must avoid the negotiating table

<i>Carl Grenier led the Free Trade Lumber Council from 1999 to 2006. He now teaches at the University of Laval, and l’École nationale d’administration publique.</i><p>If there is one thing newly elected Canadian politicians have in common, it’s their unshakable faith that a better deal on trade with the …

Canada