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The Island of Saint Lucia is making a big commitment to solar power

The Government of Saint Lucia has a target of generating 35% of its electricity from renewable sources by 2020. This pristine island currently depends on dirty diesel generators for power, but h as ambitious goals to revolutionize its economy with…

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Researchers are building a robotic lionfish exterminator

By Sean Buckley From engadget We joke around a lot about bringing about a horrific robot apocalypse, but let’s get real: sometimes, building a killer robot is just the right thing to do. Well, at least when those robots are being…

WICB responds to former president’s call for forensic audit

From Caribbean News Now ST JOHN’S, Antigua — In a letter dated September 21, 2016, West Indies Cricket Board (WICB) chief executive officer, Michael Moorhead, has responded to statements by former WICB president (2005–2007), Ken Gordon, published on ESPN Cricinfo…

Digitization can reduce investment banks’ operational costs by up to 25%

BI Intelligence From Business Insider This story was delivered to BI Intelligence “Fintech Briefing” subscribers. To learn more and subscribe, please click here. The 2016 edition of McKinsey’s annual report on Capital Markets and Investment Banking found that extensive job cuts have…

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Venezuela electoral council obstructionist and biased, says OAS secretary general

From Caribbean News Now WASHINGTON, USA — The secretary general of the Organization of American States (OAS), Luis Almagro, said on Friday that Venezuela’s National Electoral Council (CNE, for its initials in Spanish) is “obstructing a constitutional right and acting…

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apan’s prime minister meets with both Castros, wants to ‘join forces’ with Cuba

EFE From FOX NEWS Latino Japanese Prime Minister Shinzo Abe wrapped up Friday his two-day state visit to Cuba, during which he paved the way for Japanese companies to do business on the Caribbean island, where the thaw in relations…

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How IoT in education is changing the way we learn

By Andrew Meola From Business Insider The Internet of Things, the connection of devices (other than standard products such as computers and smartphones) to the Internet, is in the process of transforming numerous areas of our everyday lives. And while…

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Foreign investors in Cayman Islands must direct LCCL applicants to TBL Board

Investors who are placing newspaper advertisements seeking Caymanian participation in business endeavours must ensure that the ads also direct persons to the Trade and Business Licensing Board. Section 11 (4) (e) of the Local Companies (Control) Licence Law (LCCL) states,…

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Sir Ronald Sanders: IMF-World Bank meetings: A rare opportunity

By Sir Ronald Sanders From Caribbean News Now The October meetings this year of the World Bank (WB) and the International Monetary Fund (IMF) in Washington DC present a rare opportunity for Caribbean government representatives to be heard by crucial…

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Scott Morrison’s super cap change a cave-in to the wealthy

By John Collett You’d have to say Treasurer Scott Morrison’s re-set of the cap on non-concessional superannuation contributions is a deft move. It’s a big cave-in to the wealthy dressed up as something less generous. The best tax shelter for…