Economics, Local news, News

Central Bank announces update on GDP terminology and data release and revision policy

Published 23 April 2018
Buckie Got It, St. Kitts and Nevis News Source

By: Media Source

Central Bank announces update on GDP terminology and data release and revision policy

Basseterre, St. Kitts, April 23, 2018 – The St. Kitts-based Eastern Caribbean Bank (ECCB) has announced that in keeping with international standards, it has updated the terminology used to describe economic activity in the Eastern Caribbean Currency Union (ECCU).

“Previously Gross Value Added (GVA) was quoted as the indicator of real change in the economy yet referenced as Gross Domestic Product (GDP). The two aggregates were used inter-changeably. GVA is the difference between Output (eg. Sales) and Intermediate Consumption (items used in the production process). It is calculated at the industry/producer level at basic prices. GDP is calculated at market prices, and is the sum of all Gross Values Added for all resident producers (industries) plus any taxes on products less any subsidies on products that are not already included in the valuation of output,” said a statement posted on the website of the Central Bank.

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Local Sports, Sports

 CFU WOMENS SERIES PLAYED SUN 22ND APRIL 2018

Published 22 April 2018
Buckie Got It, St. Kitts and Nevis News Source

CFU WOMENS SERIES PLAYED SUN 22ND APRIL 2018

AT WARNER PARK

MATCH # 1

DOMINICA  3 – 0  ST.VINCENT & GRENADINES

SCORING FOR DOMINICA
Sara Finn 51st min
Mitchlyn Morgan 61st min
Kasika Samuel 69th min

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International news, Local news, News, Regional News

Three new British Resident High Commissioners’ Office for the Eastern Caribbean and St. Kitts and Nevis not among them.

Published 22 April 2018
Buckie Got It, St. Kitts and Nevis News Source

by: Media Source

Three new British Resident High Commissioners’ Office for the Eastern Caribbean and St. Kitts and Nevis not among them.
United Kingdom Foreign Secretary Boris Johnson on Thursday announced an expansion of the UK’s overseas network, with the opening of nine new diplomatic posts across the Commonwealth.
Three of these nine posts will be in the Eastern Caribbean, with new British Resident Commissioners’ offices in Grenada, Antigua and Barbuda and St. Vincent and the Grenadines.
These posts, along with the existing Resident Commissioner’s office in St. Lucia, will form an expanded network of UK representation in the Eastern Caribbean, under the auspices of the British High Commission in Barbados.
British High Commissioner to Barbados and the Eastern Caribbean, Janet Douglas, said that the expansion was part of a wider initiative to increase the breadth and depth of UK diplomatic presence across the world.
“I am delighted that we will be opening new offices in the Eastern Caribbean and are aiming for them to open in early 2019. This decision reflects our historical links with the region, and the UK’s commitment to strengthening our existing excellent relations. These new missions will be innovative and agile, and will improve the UK’s engagement with, and support for the Eastern Caribbean,” she said.
In addition, there will be new UK posts in the Bahamas, Lesotho, Swaziland, Samoa, Tonga and Vanuatu.
“As a Commonwealth family of nations, it is in our shared interest to boost prosperity, tackle security issues and clear up the environment… After we leave the EU, Global Britain will remain outward facing, open for business and a champion of the rules-based international order,” said Johnson in announcing the opening of the new posts.
Photo – British High Commissioner to Barbados and the Eastern Caribbean, Janet Douglas

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Crime/Justice, Local news, News

Police confirm murder of Phillip’s Village man

Published 22 April 2018
Buckie Got It, St. Kitts and Nevis News Source
Police confirm murder of Phillip’s Village man
Basseterre, St. Kitts, April 22, 2018 – The Royal St. Christopher and Nevis Police Force has confirmed Sunday’s murder of a 23-year-old man, Adrian Patrick.

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Local news, News

Attorney Sylvester Anthony sets the record straight

Published 22 April 2018

Buckie Got It, St. Kitts and Nevis News Source

Attorney Sylvester Anthony sets the record straight

Basseterre, St. Kitts, April 21, 2018 – A senior lawyer on the team representing Leader of the Opposition, the Right Hon. Dr. Denzil L. Douglas on allegations that he is a citizen of the Commonwealth of Dominica, has added his voice to a misleading statement on two online media outlets – Times Caribbean and St. Kitts-Nevis Times – mouthpieces for the Timothy Harris-led Team Unity Government.

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