Saturday May 27

Caribbean News Now! Daily Headlines

A summary of our daily news headlines of events happening in or relevant to the Caribbean region
  1. Commentary: The View from Europe: Competition, connectivity and the Caribbean tourism market
    When the former US president, Barack Obama, announced in late 2014 that he was easing travel restrictions on US citizens wishing to visit Cuba, a frisson ran through the tourist industry in the rest of the region. Seminars and conferences were hastily convened, papers produced, and Caribbean...
  2. West Indies Under-19 squad named for tour of South Africa and Zimbabwe
    ST JOHN’S, Antigua -- The Selection Panel of the West Indies Cricket Board (WICB) has named the West Indies Under-19 squad for tours of South Africa and Zimbabwe. The tours are being undertaken as part of the Windies Under-19s’ build-up to the ICC Under-19 World Cup in New Zealand.
  3. Trinidad and Tobago ministers rack up big bills - and social media outrage
    PORT OF SPAIN, Trinidad -- With oil prices down, Trinidad and Tobago's energy-based economy has had to adjust. These are lean times; foreign exchange is less available and the government is trying to make up the country's revenue shortfall any way it can. Imagine the public's consternation, then...
  4. Former Cayman Islands football official admits money laundering
    BROOKLYN, USA -- On Wednesday in federal court in Brooklyn, the former general secretary of the Cayman Islands Football Association, Costas Takkas, pleaded guilty to money laundering conspiracy in connection with his laundering of millions of dollars in bribes.
  5. Haitian community receives equipment donation from ECTEL
    PORT AU PRINCE, Haiti -- Managing director of the Eastern Caribbean Telecommunications Authority (ECTEL) Embert Charles has handed over a donation of electronic communications equipment and furniture to the Arcahaie (pronounced Lakayé in Creole) community to the north of...
  6. Robert De Niro and James Packer: Meet the odd couple behind the 'Paradise Found' Caribbean project
    ST JOHN’S, Antigua -- Paradise Found is the luxury quarter-of-a-billion dollar complex currently under construction on the island of Barbuda, and being bankrolled by Hollywood legend Robert De Niro and billionaire movie mogul James Packer. But how did this seemingly odd couple morph into a canny...
  7. CDB and CCRIF launch integrated sovereign risk management in the Caribbean project
    PROVIDENCIALES, Turks and Caicos Islands -- On Thursday, the Caribbean Development Bank and CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) launched the Integrated Sovereign Risk Management in the Caribbean project.  This project seeks to enable all Caribbean...
  8. Commentary: Haiti and its national and international debt status
    Up to this date, around mid-May 2017, the national and international debt of the Republic of Haiti hovers around US$3 billion. This sum represents $1 billion of internal debt and $2 billion of external one. It is a very small amount if we compare Haiti’s debt with other Caribbean countries that are...
  9. IRS conducts financial investigative techniques course on Grenada
    ST GEORGE’S, Grenada -- The US Department of the Treasury’s Internal Revenue Service (IRS) – Criminal Investigation hosted a financial investigative techniques workshop in Grenada from May 22-26 to assist police and financial intelligence units from across the Eastern Caribbean...
  10. Letter: Now the facts...
    I cannot allow the lies and rubbish written by your columnist Bousquet to pass unchallenged. It is so often the case of extreme leftists spreading untruths, leaving who to challenge them? Unfortunately hardly anybody, which is where I come in. In his post of 25th May entitled, ‘Grenada must not...
  11. Letter: The Trinidad and Tobago mid-term review 2017
    I listened to Trinidad and Tobago's minister of finance as he delivered the midterm Budget review. He spent his time telling us about the arithmetic – something a Budget is usually about. But we are in a recession – crisis. Hence I expected that he would have ventured into the strategic management...
  12. CBI developer funds school meals programme in Dominica
    ROSEAU, Dominica -- Hundreds of children in Dominica are being helped by a school feeding programme funded by citizenship by investment (CBI) specialist and developer Montreal Management Consultants Est (MMCE). MMCE is paying for healthy snacks and lunches provided to...
  13. Coalition horse trading begins in wake of divided poll in the Cayman Islands
    GEORGE TOWN, Cayman Islands (CNS) -- Following a very mixed result in Cayman’s first ever election under the system of ‘one man, one vote’, the people woke up to the fact that while 19 people have been elected to the Legislative Assembly, no party, group or alliance has enough seats...
  14. Action by banks unfortunate and unwarranted, says Barbados finance minister
    BRIDGETOWN, Barbados (BGIS) -- “Unfortunate and unwarranted” is how finance minister, Christopher Sinckler, has described a decision by local banks in Barbados to suspend work on transactions for real estate and related activities. Their action comes amid concerns over recent amendments...
  15. CDB study recommends strategies to enhance economic impact of tourism industry
    PROVIDENCIALES, Turks and Caicos Islands -- The tourism industry is changing, and Caribbean countries must adapt in order to make the most of the emerging economic development opportunities. “Tourism Industry Reform, Strategies for Enhanced Economic Impact”, a study by the Caribbean...
  16. Dominica and Antigua-Barbuda attorneys to provide competing testimony at bribery trial in New York
    NEW YORK, USA -- Dominican-born and former Antigua-Barbuda attorney general, Justin Simon, and prominent Antiguan attorney Dr David Dorsett will form part of the federal trial of Chinese billionaire Ng Lap Seng, which is about to commence in New York next week. Both attorneys have...
  17. CBI programme integral to long-term development of St Kitts-Nevis, says PM
    BASSETERRE, St Kitts -- Prime Minister Dr Timothy Harris says his government views the country’s citizenship by investment programme (CBI) as an integral part of the long-term development of St Kitts and Nevis that will “bring benefits to the next generation for another 30 years.” Harris said this is...