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New report finds retail prices in Puerto Rico are not affected by the Jones Act
Economists from Boston-based Reeve & Associates and San Juan-based Estudios Técnicos, Inc. on Wednesday released a joint report, “The Impact of the Jones Act on Puerto Rico,” which concluded the Jones Act has no impact on either retail…
CIBC FirstCaribbean wins “Most Innovative Bank” award
July 18, 2018 – Less than two months after releasing enhancements to its Mobile App and Online Banking, CIBC FirstCaribbean has been named the Most Innovative Bank in the region at the prestigious World Finance Banking Awards awarded by…
Trini Woman Jailed in UK for Defrauding Charity of US$1 Million
A Trinidadian-born woman has been jailed in the United Kingdom for defrauding a charity she worked for of just over US$1 million.
Nadia Deone Chase Ali, 35 was sentenced to six years in prison after being convicted of fraud by abuse of…
European Union Steps up Support for Hurricane-Hit Caribbean Countries
Representatives of the European Union (EU) and the governments of Antigua and Barbuda and Dominica yesterday signed agreements in support of the post-hurricane recovery and reconstruction efforts in those Caribbean Community (CARICOM)…
Undergraduate Barbadian Students at University of the West Indies Get Free Tuition Again
Barbadian undergraduate students at the Cave Hill campus of the University of the West Indies (UWI) will not have to dig into their pockets to pay their tuition fees after all.
The development brings to fruition a promise made by the Mia…
World Bank Says Jamaica Needs US$121 Million Annually to Deal With Disasters
A new World Bank Report is suggesting that, on average, Jamaica would need about J$16 billion (US$121 million) annually to cover losses from natural disasters.
Of this amount, it is estimated that J$9 billion (US$67 million) would be…
Carnival Cruise Lines Return to Dominica
Dominica has welcomed the Carnival Cruise Lines vessel, Carnival Fascination, as the company resumed regular summer calls to Dominica for the first time since 2010.
And Permanent Secretary in the Ministry of Tourism and Culture, Careen…
IMF Warns of More Austerity to Pull Barbados out of its Economic Woes
The International Monetary Fund (IMF) has warned Barbadians that more austerity is coming.
At the end of a 10-day visit to the island, a team from the Washington-based lending agency said that while the Barbadian authorities, in close…
Haiti’s Prime Minister Resigns
Haiti’s Prime Minister Jack Guy Lafontant has resigned amid violent protests that had been sparked by a proposed plan to raise fuel prices.
His decision was announced yesterday by President Jovenel Moïse who accepted the resignation.…
Unmanned Ocean Gliders Head to Caribbean and Atlantic to Help Improve Hurricane Forecasts
The National Oceanic and Atmospheric Administration (NOAA) will soon launch a fleet of 15 unmanned gliders in the Caribbean Sea and tropical Atlantic Ocean this hurricane season to collect important oceanic data that could prove useful to…
Strengthening Cuban Coastal Landscape in the Face of Climate Change
Strong winds agitate the sea that crashes over Punta de Maisí, the most extreme point in eastern Cuba, where no building stands on the coast made up of rocky areas intermingled with vegetation and with sandy areas where people can swim and…
Urgent Action Needed to Safeguard St Lucia’s Biodiversity
Wildlife conservationists consider it to be one of the most striking parrots of its kind. St Lucia’s best-known species, the endangered Amazon parrot, is recognized by its bright green plumage, purple forehead and dusty red-tipped feathers.…
Forecasters Keep Eye on Remnants of Beryl over The Bahamas as Chance Remains it Could Regenerate
Forecasters are still not ruling out Beryl making a comeback, and are keeping an eye on what is left of the system that became the first hurricane of the Atlantic hurricane season late last week.
A large area of cloudiness and…
Woman Caught Trying to Smuggle Python onto Flight to Barbados
A woman who was headed to Barbados on Sunday was not only prevented from getting on her flight, but was fined after Transportation Security Administration (TSA) agents at the Miami International Airport discovered she had a snake hidden in…
Bahamas Has no Intention of Joining CSME
Despite being a member of the Caribbean Community (CARICOM), The Bahamas will not be part of the CARICOM Single Market and Economy (CSME).
Prime Minister Dr Hubert Minnis made his country’s position clear when he spoke to local…