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A New Era For CARICOM As Grenadian PM Dickon Mitchell Becomes Chairman

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A New Era For CARICOM As Grenadian PM Dickon Mitchell Becomes Chairman

In a significant development for the Caribbean region, Grenadian Prime Minister Dickon Mitchell has taken the reins as the new rotating chairman of CARICOM, the regional bloc comprising Caribbean nations.

Mitchell’s tenure is marked by a steadfast commitment to addressing the pressing issues of climate justice, gun violence, and digital technology advancement.

During the three-day summit, Mitchell emphasized the urgent need for climate action, highlighting the devastating impact of Hurricane Beryl, the Atlantic’s earliest Category 4 storm on record, which ravaged Grenada.

He stressed the importance of developed nations honoring their pledges to reduce emissions and provide climate funds to mitigate the effects of rising temperatures.

Mitchell also reiterated the need for regional unity, advocating for the free movement of people across the bloc, which recently welcomed the Dutch Caribbean island of Curacao as a new member.

He acknowledged the region’s vulnerability to climate change and global economic crises, emphasizing CARICOM’s role in promoting economic integration and cooperation.

The Grenadian Prime Minister’s impassioned plea for climate justice resonated deeply, as he noted the existential threat posed by Category 4 and 5 hurricanes.

He reaffirmed CARICOM’s commitment to advocating for climate justice, emphasizing the stark reality of potentially losing entire nations to the impacts of climate change. Mitchell’s chairmanship assumes significance as CARICOM continues to push for reparations for slavery and climate change through mechanisms like debt cancellation.

The regional bloc has also backed a lawsuit seeking to hold U.S. gunmakers accountable for firearms trafficked abroad, with a staggering 87% of traced firearms in the Caribbean originating from the United States.


Free Movement Of CARICOM Nationals Hits Roadblock

Free Movement Of CARICOM Nationals Hits Roadblock


The Caribbean Community (CARICOM) summit ended without a consensus on facilitating the free and full movement of CARICOM nationals, a goal that had been hoped to be achieved by the end of March. Despite initial optimism, regional leaders were unable to sign off on the arrangements, citing outstanding matters that need to be resolved.

Host Prime Minister of Grenada, Dickon Mitchell, who is also the CARICOM chairman, acknowledged the delay, saying, “We continue to engage with some of these users that require us to get there.”

The free movement of CARICOM nationals is a key component of the CARICOM Single Market and Economy (CSME), which aims to facilitate the free movement of goods, skills, labor, and services across the region. However, several member states, including Antigua and Barbuda, The Bahamas, and Bermuda, have expressed reservations or opted out of the free movement of people.

Antigua and Barbuda’s Ambassador to CARICOM, Dr. Clarence Henry, explained his country’s decision to maintain the current skills regime, citing the need to protect jobs and avoid exacerbating economic challenges.

The delay in implementing the free movement of CARICOM nationals is a setback for the regional integration process. Barbados Prime Minister Mia Mottley, who has lead responsibility for the CSME, had previously expressed confidence that the community was on track to meet the March 31, 2024 deadline.

The free movement of CARICOM nationals is a complex issue, with various stakeholders and interests involved. As CARICOM leaders continue to negotiate and work towards a resolution, the region waits with bated breath for the realization of this long-held dream.

“We continue to engage with some of these users that require us to get there.” – Prime Minister Dickon Mitchell

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Diaspora Watch – Vol. 98

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Diaspora Watch Newspaper is pleased to announce the release of its 98th edition, presenting readers with another rich blend of impactful stories, insightful analyses and inspiring human-interest features from across the world.

Leading this edition is the heartwarming cover story, “Godchildren Honour Emmanuel and Joy Ojiribe at 40th Anniversary Celebration in US,” which chronicles the remarkable legacy of love, faith, mentorship and family built over four decades by the celebrated couple, culminating in a memorable celebration attended by loved ones and admirers.

Diaspora Watch FREE Digital View: https://diasporawatch.com/3d-flip-book/diaspora-watch-vol-98/

On Demand Print: https://www.magcloud.com/browse/issue/3359332?__r=1069759

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The edition also brings readers up to speed on major international developments, including US President Donald Trump’s announcement of an Intel-Apple chip deal, Ghana’s move towards a local takeover of Gold Fields’ Tarkwa mine, CARICOM’s renewed commitment to improving citizens’ lives under incoming Chair Pierre, the possibility of cocoa prices rising above $10,000 per tonne once again, a comprehensive 14-Point Roadmap to De-escalation and Reconstruction, Singapore’s impressive 38.4 per cent growth in non-oil exports driven by artificial intelligence, and warnings from Kew scientists that AI and digitalization could play a crucial role in preventing global plant extinction.

On the back page, readers will find the inspiring story of Adenugba, who has been honored with the African Diaspora Fashion Platform Award, recognizing excellence, creativity and outstanding contributions to fashion within the global African diaspora community.

As always, Diaspora Watch Newspaper remains committed to delivering credible journalism, promoting African excellence, strengthening diaspora engagement and providing readers with balanced perspectives on global affairs, business, innovation and development.

The 98th edition is now available to readers across print and digital platforms. We invite everyone to pick up a copy and stay informed on the stories shaping Africa, the diaspora and the wider world.

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SpaceX to join Nasdaq-100 index July 7

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Chamber Of Progress Urges Elon Musk To Take X Leadership Seriously Or Resign Amid Social Media-Fueled Violence

SpaceX to join Nasdaq-100 index July 7

 

SpaceX will be added to the Nasdaq-100 Index on July 7, following confirmation by exchange operator Nasdaq, a move expected to trigger a surge in passive investment into the aerospace and artificial intelligence company.

 

The inclusion means exchange-traded funds and other investment vehicles that track the tech-heavy Nasdaq-100 Index will be required to purchase SpaceX shares, a development that typically boosts demand and supports a company’s stock price.

 

SpaceX, founded by billionaire entrepreneur Elon Musk, made its Nasdaq debut on June 12 and has experienced volatile financial performance in recent years, alternating between periods of losses and modest profits.

 

The company reported a net loss of $4.9bn in its most recent financial year, underscoring the challenges it continues to face despite strong investor interest in its space technology and artificial intelligence businesses.

 

The company’s addition to the index comes after Nasdaq, alongside other major index providers including FTSE Russell and MSCI, eased some of its listing eligibility requirements in an effort to attract more companies seeking to list on U.S. exchanges.

 

The revised criteria include changes to profitability requirements, the waiting period after a company’s initial public offering and the number of publicly traded shares required for inclusion in certain indices.

 

Meanwhile, S&P Global has maintained a more cautious approach.

 

The index provider said earlier this month that it would not alter its eligibility requirements for SpaceX to join its flagship indices, including the benchmark S&P 500.

 

According to S&P Global, the company will not be considered for inclusion in the S&P 500 until it has been publicly listed for at least 12 months.

 

The development comes as other leading artificial intelligence firms, including OpenAI and Anthropic, are widely expected to pursue initial public offerings either later this year or in 2027, with analysts projecting valuations exceeding $1tn.

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Uzodimma Backs FLAC, Urges Nigerians to Unite Against Cancer 

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Uzodimma Backs FLAC, Urges Nigerians to Unite Against Cancer 

 

Governor Hope Uzodimma of Imo State has reaffirmed his administration’s commitment to supporting the First Ladies Against Cancer, FLAC Nigeria, while calling on Nigerians to join efforts to combat cancer through increased awareness, early detection and sustained advocacy.

 

The governor made the pledge during a courtesy visit by members of FLAC and later at a gala night organised in their honour at the Government House in Owerri.

 

Speaking at the event, Uzodimma commended the organisation for its humanitarian interventions and contributions to improving cancer prevention, treatment and care across the country.

 

“I am excited to host you in Imo State and I commend your humanitarian services in Nigeria,” the governor said, assuring the delegation of his administration’s continued support for the organisation’s programmes.

 

He described Imo as the hospitality capital of the South-East and welcomed the delegates on behalf of the state government and people, assuring them of their safety during their stay.

 

The event also featured emotional testimonies from cancer survivors, including men, women and children, who recounted their experiences with the disease while encouraging Nigerians to embrace early screening and treatment.

 

Addressing guests at the gala night, Uzodimma stressed that the fight against cancer requires collective action, public education and efforts to eliminate the stigma associated with the disease.

 

He also lauded the President Bola Tinubu-led Federal Government for its investments in cancer prevention, treatment and palliative care, urging Nigerians to support ongoing reforms in the health sector.

 

“We need a new Nigeria where everyone participates in nation-building,” the governor said, adding that early detection remains critical to improving survival rates among cancer patients.

 

Earlier, the Chairperson of FLAC Nigeria and wife of the Imo State Governor, Mrs Chioma Uzodimma, said the delegation visited to appreciate the governor for his consistent support for the organisation’s advocacy and activities.

 

She explained that FLAC, whose membership comprises serving and former first ladies across the country, marks Cancer Survivors Month every June to celebrate survivors, inspire hope and raise awareness about the disease.

 

She described the governor as “a special friend of FLAC” and presented him with an award on behalf of the organisation in recognition of his support for its mission.

 

The gala night featured musical performances, a fashion parade by cancer survivors, comedy, cake cutting, presentation of gifts to survivors and a fundraising session to support the organisation’s advocacy programmes.

 

Mrs Uzodimma disclosed that more than N100m was raised during the fundraising to support FLAC’s ongoing cancer awareness and advocacy initiatives.

 

The delegation included the wives of the governors of Adamawa, Zamfara and Ogun states, Hajia Lami Fintiri, Hajia Huriyya Lawal and Mrs Bamidele Abiodun; immediate past FLAC Chairperson, Dr Zainab Shinkafi-Bagudu; former First Lady of Niger State, Dr Amina Abubakar; and former First Lady of Oyo State and ambassador-designate, Dr Florence Ajumobi, among other dignitaries.

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