Global community steps up with $93 billion support package to boost resilient recovery in World’s poorest countries
– $23.5 billion in donor contributions to IDA, World Bank fund for the poor WASHINGTON, Dec. 15, 2021 – The World Bank today announced a $93 billion replenishment package of the International Development Association (IDA) to help low-income countries respond to the COVID-19 crisis and build a greener, more resilient,…
Cumberland paying $25M+ for antibiotic [Cayman Islands co. to get $20 million]
By Geert De Lombaerde From Nashville Post New treatment will be company’s biggest seller Cumberland Pharmaceuticals has signed a definitive agreement to buy an antibiotic treatment for some skin infections and hospital-acquired pneumonia from a much larger publicly traded company….
Colony Capital’s Abraaj deal faces investor resistance: sources
By Hadeel Al Sayegh, Davide Barbuscia From Reuters DUBAI (Reuters) – U.S. investment manager Colony Capital’s deal to take control of four funds belonging to Dubai-based Abraaj is encountering investor resistance, four sources familiar with the matter said, piling further…
Recipe of the week
Mini doughnuts to surprise your mom on Mother’s Day Mini doughnuts are one of the oldest desserts in the world. Surely your mother and your grandmother have enjoyed these delicacies together, since no one can resist the delicious smell of…
Council of Arab Relations with Latin America and the Caribbean to Host Event at COP22
By Natalie Yazhary From Morocco World Washington, D.C – The Council of Arab Relations with Latin America and the Caribbean (CARLAC), in collaboration with the OCP Policy Center, the Getulio Vargas Foundation and the University of Maryland, has organized an…
Plate That Pig! – CB pressing Jamaicans to ignore Biblical references aAnd eat more pork
By Christopher Serju From Jamaica Gleaner “So the devils besought him, saying, if though cast us out, suffer us to go away into the herd of swine. And he said on to them, Go. And when they were come out, they…
Exploring the decriminalization of marijuana – Part 3
By Robertson S. Henry and Andre de Caires From Caribbean news Now Because of the decline of the banana industry that used to employ thousands of persons directly and indirectly, the job market has declined significantly, leaving many unemployed. Many…
International tourism hits record 1.2 billion in 2015, UN reports
From Caribbean News Now MADRID, Spain — International tourism grew by 4.4 percent last year to a record 1.184 billion as calculated by overnight visitors to international destinations, 50 million more than in 2014, and the sixth consecutive year of…
Islamic finance continues to grow in the British Virgin Islands
By Ian Montgomery and Hamish Masson From Harneys The British Virgin Islands (BVI) remain the most popular interna- tional financial center for incorporating companies due to it be- ing tax-neutral and politically stable with a flexible legal system based on…
Dust storms in Africa affect US and the Caribbean’s air quality
From Phys.org You might find it hard to believe that dust clouds from the African Sahara can travel thousands of miles across the Atlantic Ocean, but it does every year and in large quantities. In a recent study, Joseph Prospero,…