April 24, 2018

Competition arrives in Grand Cayman, monopoly no more

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From BPN The launch of a startup company on Grand Cayman breaks a 60-year propane monopoly on the Caribbean isle. With phase one construction complete, Clean Gas Ltd. received its license to sell from the Utility Regulation and Competition Office in March, one of the final hurdles for pushing a head-to-head rivalry with the British […]

IDB promotes savings for retirement in the Caribbean

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From St Lucia Times WASHINGTON, United States (CMC) — The Inter-American Development Bank (IDB) has launched the Retirement Savings Laboratory, a project that seeks to increase the number of people saving for retirement in Latin America and the Caribbean. The Washington-based financial institution said most workers in Latin America and the Caribbean – about 130 […]

Cayman Islands National Gallery recognized as a “Top 5” Caribbean Museum

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The National Gallery of the Cayman Islands (NGCI) has been listed as one of the “Caribbean’s Best Museums You Should Visit” by News Americas Now, a news, travel and lifestyle publication that covers the Caribbean and Latin America and its diasporas. The US-based organisation has content syndicated across 21 news sites including on the Caribbean […]

Caribbean eyes untapped potential of world’s largest climate fund

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By Zadie Neufville From Caribbean News Now KINGSTON, Jamaica (IPS) — The Caribbean Community Climate Change Centre (CCCCC) also known as the 5Cs, is looking for ways to boost the region’s access to the Green Climate Fund (GCF). The Centre is on the hunt for proposals from the private and public sector organisations around the […]

Bahamas ‘Above Average Risk’ over financial crime

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By NEIL HARTNELL From Tribune242 THE Deputy Prime Minister yesterday hit out at “historical bias” against the Caribbean as it was revealed that the Bahamas presents an ‘above average’ risk for financial crime abuse. K P Turnquest, addressing the ComplianceAid Caribbean Anti-Money Laundering Conference, said historical “negative perceptions” of the region were exacerbating the loss […]

Countries of Latin America and the Caribbean Commit to Spearheading the Digital Ecosystem, E-Commerce, Access to Public Information and Protection of Privacy

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With the Cartagena Declaration, approved at the end of the Sixth Ministerial Conference on the Information Society, the region agrees to the 2020 Digital Agenda to achieve sustainable development with equality. With the Cartagena Declaration adopted today in Colombia, the countries of Latin America and the Caribbean approved the eLAC 2020 Digital Agenda, which seeks […]

Theresa May says Windrush victims will be paid compensation

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By Heather Stewart, Peter Walker, Amelia Gentleman and Kevin Rawlinson From The Guardian UK PM tells Commonwealth leaders she will do ‘whatever it takes’ to resolve anxieties and problems Windrush generation to get compensation, says Theresa May Theresa May has reassured Commonwealth leaders that members of the Windrush generation who had suffered “anxieties and problems” […]

No surprise: Charles to succeed Queen as Commonwealth Head

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BY JILL LAWLESS, Associated Press From US News Heir to the British throne Prince Charles has been approved as the next head of the Commonwealth made up mostly of former colonies. LONDON (AP) — Prince Charles has spent a lifetime waiting to be king. On Friday the 69-year-old heir to the British throne got another […]

Saint Lucia PM says Caribbean leaders will hold UK to promises on Windrush Generation

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From Invest Saint Lucia Following a meeting with United Kingdom’s Prime Minister Theresa May, Saint Lucia’s Prime Minister Honourable Allen Chastanet has declared that Caribbean leaders will be monitoring closely the situation regarding the Windrush generation. The UK Prime Minister apologized to Caribbean leaders during the meeting on Tuesday this week which emanated from the […]

Time for Latin America, Caribbean to hike tax: World Bank

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By Ulrika Lomas, Tax-News.com, Brussels With economic recovery being reported in Latin American and Caribbean states, a new World Bank report says governments must now look to fiscal policy to reduce their deficits. In “Fiscal Adjustment in Latin America and the Caribbean: Short-Run Pain, Long-Run Gain?,” the World Bank said “fiscal adjustments during good times […]