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Caribbean Market Overview 2016 Q2

From CIBC FirstCaribbean Caribbean Economic Overview Summary: Sustained growth in advanced economies and lower oil prices provided a boon to Caribbean economic growth in 2015. However, since then, global oil prices bottomed and economic growth in the USA and UK…

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Grenadians likely to vote on constitutional reform in October

From Jamaica Observer ST GEORGE’s Grenada (CMC) — Grenadians are likely to vote in a referendum to change the island’s constitution in October, but the final decision lies with the Keith Mitchell administration, the Chairman of the Constitution Reform Advisory…

Brexit: PM is ‘willing to listen to options’ on Scotland

From BBC Prime Minister Theresa May has told First Minister Nicola Sturgeon she is “willing to listen to options” on Scotland’s future relationship with the European Union. But after talks in Edinburgh, Mrs May appeared unwilling to consider a second…

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UK will not abandon EU friends, says Boris Johnson

From BBC The UK’s exit from the EU does not mean it will be leaving Europe or “abandoning” its friends, the new foreign secretary has said in Brussels. Making his debut on the international stage, Boris Johnson said the EU…

iNews Briefs & Community Events

Community Meeting on Cayman Brac on Thursday, 21 July at Seamans Centre On Thursday, 21 July, Acting Commissioner of Police Anthony Ennis and Chief Superintendent Kurt Walton will join Inspector Wendy Parchment, Area Commander for the Sister Islands, to hold…

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Haiti: Time is running out

By Sir Ronald Sanders From Caribbean News Now Luis Almagro, the secretary-general of the Organisation of American states (OAS), has told political stakeholders in Haiti, including the interim government and parliamentarians, that it is imperative that they fully assume their…

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First Commonwealth crowdfunding initiative to target Caribbean women entrepreneurs

From News Americas Now News Americas, GEORGETOWN, Guyana, Fri. July 15, 2016: A new crowdfunding initiative to help women entrepreneurs across the Caribbean raise much needed capital was recently announced in Guyana. FundRiseHER™, the first ever Commonwealth-wide crowdfunding initiative, was…

Couple tell of nightmare Caribbean wedding with “dirty hotel and beach”

BY PHIL TODD From Mirror UK Kirstie and James Willett spent £5,000 on “dirty hotel” and beach littered with wood and seaweed for what was meant to be their dream wedding. When Kirstie and James Willett saw photos of a…

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Venezuela oil production hits 13-year low

From Caribbean News Now CARACAS, Venezuela — Venezuela’s oil production fell to a 13-year low last month, declining by 170,000 barrels per day (bpd) since the start of 2016 to 2.18 million barrels per day (mb/d) in June, according to…

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Multi-Billion-Dollar International litigation begins in Cayman Islands

The eyes of the international financial community around the world will be on the Cayman Islands beginning Monday (18 July), when the largest trial in the history of this jurisdiction, with billions of dollars at stake, begins in Grand Court….