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Jamaica to take full advantage of CARICOM benefits

The government of Jamaica will be appointing a Caribbean Community (CARICOM) Review Commission, aimed at positioning the country to take full advantage of benefits under the organisation. This was announced by Prime Minister Andrew Holness…

Puerto Rico default imminent amid congressional inaction

uerto Rico’s Government Development Bank (GDB) is facing a default on $422 million in debt repayments due on May 1, while Congress so far unsuccessfully grapples with legislation to address the island’s financial crisis. If the GDB cannot…

Man accused of killing daughter turns self in, flees

(JAMAICA) ROOSEVELT ‘Timmy’ Thomas, the man accused of killing his three-year-old daughter Leashay, last night escaped police custody hours after he was taken in by a pastor. Police said last night that Thomas reported to the…

Cuba and UK extend bilateral cooperation

Cuba and the United Kingdom strengthened bilateral cooperation relations after signing in Havana four memoranda of understanding (MOU) during the official visit here by British secretary of state for foreign and commonwealth affairs, Philip…

Two new zika cases confirmed in USVI

ST THOMAS, USVI -- The US Virgin Islands Department of Health on Tuesday confirmed one additional case of the zika virus on St Croix and one in St Thomas. The total confirmed zika cases is now 16; 14 of which are on St Croix and two on St.…

War of words erupts in St Lucia over IMPACS report

CASTRIES, St Lucia -- Responding to a reported commitment by political leader of the opposition United Workers Party (UWP), Allen Chastanet, to make public a confidential report into alleged extrajudicial killings by the Saint Lucia police…

Caribbean countries urged to focus on tourism value

The International Monetary Fund (IMF) has published its Regional Economic Outlook: Western Hemisphere and recommends that tourism economies like The Bahamas use what the fund deems a “tourism upswing” to push through structural measures…

Turks and Caicos corruption trial prolonged

The corruption trial in the Turks and Caicos Islands (TCI) of former government ministers and others will not be finished in 2016, according to chief prosecutor Andrew Mitchell QC. The proceedings began in December last year and were…

Cuba and Kuwait sign energy agreement

On Friday, Cuba and Kuwait signed in Havana the first agreement for long-term loan in the energy sector, which will allow the Caribbean nation to finance the construction project of 34 small hydroelectric plants. The signing of documents…

LIAT, taxes and tourism: Rebalancing the tax burden

LIAT has been a vital factor in the commercial and tourism life blood of the Caribbean for decades. However, the company has now had three CEO’s and two Acting CEO’s in the last seven years, evidence of LIAT’s challenges. Commentary on its…

Shredded documents seized from Panama Papers law firm

Authorities in Panama on Friday raided a property used by Mossack Fonseca, the Panama-based law firm at the centre of a massive leak of confidential financial records dubbed the Panama Papers, removing bags full of shredded documents as…