July 20, 2017

Heading higher or stalling out? What the technicals reveal about Caribbean Utilities Company Ltd (CUPUF)

From Evergreen Caller The recent price of 13.6900 for shares of Caribbean Utilities Company Ltd (CUPUF) has put the price level above the Balance Step, indicating a near-term bullish pattern developing.  Calculated from the last five balance points, the Balance Step indicator can help determine whether a bullish or bearish trend is developing near-term. Investors […]

The waning power of the petrodollar

By Jamie McGeever From Reuters UK LONDON (Reuters) – When the Federal Reserve begins reducing its holdings of U.S. Treasuries as expected later this year, some of the most consistent buyers of U.S. bonds over the last 15 years may be less than willing to fill the breach. Before the financial crisis, the flow of […]

Caribbean geopolitics rejects somaliazation of Venezuela

By Beatrice Rangel From Latin American Herald Tribune Former Venezuela Presidential Chief of Staff Beatrice Rangel reveals what machinations led to the release of Leopoldo Lopez by the Maduro regime in Venezuela. The world was not fully awakening to what was a post-U.S. Independence Day weekend when computer screens went ballistic. Leopoldo Lopez, the world’s […]

The urgent need for a public anti-corruption task force in the US Virgin Islands

By Soraya Diase Coffelt, JD, MJS From Caribbean News Now On June 30, 2017, the US Virgin Islands Inspector General issued a 76-page written report with scathing findings, entitled Audit of the Department of Education’s Inventory Controls over the School Lunch Program. Among these findings was that $920,000 had been spent on food management software […]

Bridgeport mayor must get rid of Dr. Noel Kayo before it politically costs him [Dr claims medical degree from Cayman Islands]

By John Stoehr From New Haven Register I mentioned last week that if there were an outsider candidate for governor of Connecticut, it would be Joe Ganim. The last time he was mayor of Bridgeport, he went to prison for corruption. After getting out, he ran for mayor again, in 2015, beating incumbent and fellow […]

Shares in blue chip stocks can pay serious dividends

From Prince George Citizen It’s a big machine. Twenty-eight years ago, my very first boss at RBC was at the tail end of a long career working for a benevolent employer, enjoying a largely prosperous five decades since the Second World War. In 1990, the bank bragged of never having laid off a single employee […]

Sir Ronald Sanders: Caribbean rights in the OAS: not negotiable

By Sir Ronald Sanders From Kaieteur News Online Amid the finger-pointing and blaming over votes at the Organisation of American States (OAS) on matters related to Venezuela, the fundamental problems of the Organisation have been overlooked. Sadly, and wrongly, media commentators and armchair experts have chosen to target “Caribbean countries” as the “villains” behind blocking […]

Letter to the Editor: DART rock removal from Cayman Islands

From James T. Hynes June 28 2017 Re: DART Seven Mile Beach rock removal Dear Premier McLaughlin and Members of the Legislative Assembly: My wife and I have owned a home on Boggy Sand Road in West Bay since 1988, and have been regularly visiting Grand Cayman since 1979. Our family treasures the Island and […]

Democracy (un)revealed in St Lucia

By Melanius Alphonse From Caribbean News Now Democracy is often defined as government of the people, by the people, for the people. In many respects, the challenges of democracy have been both qualitative and quantitative to the concepts that every person has worth and dignity, equality of all persons, majority rule, minority rights, compromise and […]

Things That Matter: Letter From Nassau, Bahamas

BY:  SIR HENRY FRASER From Barbados Advocate Last Sunday I wrote about joining in the celebration of the success of 48 young doctors passing the final medical exams of the University of the West Indies, at the Cave Hill Campus / Queen Elizabeth Hospital. I commented that the role of the UWI’s Faculty of Medical […]