Caribbean News Now! Daily Headlines

Caribbean News Now! Daily Headlines


Bahamas immigration minister warns CEO of bankrupt resort

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NASSAU, Bahamas — Bahamas Immigration and Foreign Affairs Minister Fred Mitchell had one message for Baha Mar megaresort CEO Sarkis Izmirlian on Monday: “If you can’t hear, you will feel.” Speaking at the Emancipation Day service in his Fox Hill constituency, Mitchell warned…

Jamaica raises US$2 billion to buy back PetroCaribe debt

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KINGSTON, Jamaica (JIS) — On July 23, 2015, Jamaica raised US$2 billion on the international capital market – the highest amount it has ever raised during a single transaction window – at the lowest rates it has ever been able to access from that market. A third of that money, US$650 million…

Economic empowerment needed to increase trade with more African countries, says Trinidad minister

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PORT OF SPAIN, Trinidad — Senator Vasant Bharath, minister of trade, industry, investment and communications and minister in the ministry of finance and the economy in Trinidad and Tobago has called for greater economic empowerment to increase trade relations with African countries.

Puerto Rico default highlights liquidity strain and government priorities

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NEW YORK, USA — According to Fitch Ratings agency, Puerto Rico’s decision to miss an August 1 debt service payment on appropriation-backed debt due on Monday is consistent with both the commonwealth’s stated intent to restructure its debt and its current liquidity pressures. Fitch rates the…

US Diaspora to commemorate Guyana’s 50th independence anniversary in May 2016

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NEW YORK, USA — Guyanese in the United States have commenced plans for an elaborate celebration to commemorate the 50th anniversary of Guyana’s independence in May 2016. Guyana gained independence from Great Britain on May 26, 1966. A commemoration planning committee has…

St Vincent Northern Ireland consulate receives donation of youth sporting equipment

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COMBER, Northern Ireland — A large selection of new youth cricket and football equipment valued at approximately EC$10,000 has been received by the consulate of St Vincent and the Grenadines (SVG) to Northern Ireland following an initiative started by Dr Christopher Stange, Hon. Consul.

Thirteen St Kitts-Nevis students to be awarded Taiwan scholarships

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BASSETERRE, St Kitts — After months of waiting in anticipation 13 students from St Kitts and Nevis will be awarded scholarships to pursue studies in various fields in Taiwan. An award ceremony, which is being organized by Taiwan’s embassy in Basseterre, will be held on Thursday to present…

Let’s Talk Business: WARNING: Men beware, this article is for women only

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As a working mother, have you ever experienced feelings of guilt whenever you’ve had to ask for permission to attend your son’s soccer championship or your daughter’s dance rehearsal? Well, you may be unknowingly sabotaging your career due to those feelings. It may be hard to believe but hear me out.

Commentary: Prospects for geothermal energy production in Grenada looking good

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At meetings on the 30th July 2015, chaired by permanent secretary of the ministry of finance, Timothy Antoine, attended by the high commissioner from New Zealand, stationed in Barbados Jan Henderson, Alistair Brookes representing the investigating geothermal company Jacob, from New Zealand…

Commentary: Capital over people? Puerto Rican debt crisis explained

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On Monday, August 3, Puerto Rico’s Public Finance Corporation failed to pay the US$58 million it owed creditors, making only a US$628,000 payment. In addition, the island owes US$5 billion over the next twelve months. Monday marked the first day in the island’s history where it failed to make a payment.

Letter: Kamla and Keith

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As he left his posh gated residence in Goodwood Park to join with fellow candidate Young at the Emancipation Day celebrations in Port of Spain, Keith must have felt a level of discomfort. This well cultured intellectual with great oratorical skills had to subject himself to the heat and an unfamiliar…

WICB town-hall meeting set for Friday in Jamaica

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KINGSTON, Jamaica — President of the West Indies Cricket Board (WICB) Whycliffe “Dave” Cameron and vice president Emmanuel Nanthan have been engaging stakeholders through a series of town-hall meetings around the region since May this year. So far, the top brass of the WICB have had dialogue with…