Search Result for: scheme

85 results found.

Jamaica’s Government Readying First Draft of Bill on Lottery Scamming

Above: Justice Minister Mark Golding (right) (JIS Photo) By the Caribbean Journal staff Jamaica’s government will soon have a first draft of a bill dealing with the ongoing problem of lottery scammers in the country, according to Justice Minister Sen. […]

Guyana President Donald Ramotar: Rebuilding Linden a Priority

Above: Guyana President Donald Ramotar in Linden By the Caribbean Journal staff Rebuilding the battered area of Linden is a priority for Guyana’s government, President Donald Ramotar said during his visit this week to scene of almost a month of […]

Jamaica’s Peter Phillips: Small Businesses “Critical” to Economic Rebound

Above: Finance Minister Dr Peter Phillips and Industry Minister Anthony Hylton (JIS Photo) By the Caribbean Journal staff Jamaica’s small business sector is a critical part of the country’s economic recovery, according to Finance Minister Dr Peter Phillips. The Minister […]

Haiti Wants French on CARICOM Agenda

Above: Haiti President Michel Martelly at the meeting (Photo: OP) By the Caribbean Journal staff Haiti President Michel Martelly wants French to have a place on the Caribbean Community’s agenda. The Caribbean Community is only economic integration scheme in which […]

Interview With Barbados Energy Minister Senator Darcy Boyce

Above: Minister Darcy Boyce (CJ Photo) By Alexander Britell Like the rest of the Caribbean, Barbados is working to deal with the problem of increasing energy costs. With imported fuel dominating foreign exchange and the accordant high gas prices putting […]

Op-Ed: Sustainable Green Growth in Latin America and the Caribbean

By Hasan Tuluy Op-Ed Contributor Economic and social development has emerged as the twin pillars of Latin America and the Caribbean’s strategy to create a more equitable, modern society. After decades of struggling to find the right balance between growth […]

Op-Ed: How to Fix the Bahamas’ Economy

By Mark Turnquest Op-Ed Contributor After analyzing The Bahamas’ economic conditions for the past three years and reviewing international watchdog agencies’ (Moody’s, IFC/World Bank, Standard & Poor’s) reports, it is imperative that the public and private sectors focus on small […]

Op-Ed: The Bahamian Election and the Importance of Small Business

By Mark A Turnquest Op-Ed Contributor Small and Medium Sized Enterprise (SME) owners must carefully review all political parties’ platforms for the upcoming May 7, 2012 general election in the Bahamas. SME owners must determine which political party best articulates […]

Op-Ed: Corruption in Turks and Caicos

By David P Rowe Op-Ed Contributor In the Caribbean, it is well established that political corruption contributes to the spread of organized crime and terrorism. Corrupt politicians participate directly or indirectly in the trafficking of drugs, arms and human beings. […]

Former Haiti Teleco Official Convicted in Miami for Money Laundering, Bribes

Above: the Federal Courthouse in Miami By the Caribbean Journal staff Jean Rene Duperval, a former director of international relations for Haiti’s state-owned Telecommunications D’Haiti SAM, has been convicted by a federal jury for his role in a scheme to […]

Dominican Republic Has “Stable” Financial System: Central Bank Governor

Above: Central Bank Governor Hector Valdez Albizu By the Caribbean Journal staff The Dominican Republic now has a “stable” financial system that allows monetary policy to focus on targeting inflation without being deflected by issues related to the health of […]

Grenada Unveils 2012 Budget Including Taiwan Debt Payment, Minister Pay Cuts

By Lincoln Depradine ST GEORGE’S – Government ministers in Grenada will take a 5 percent cut in pay starting next month, Finance Minister Nazim Burke has announced. He made the announcement Friday while presenting the country’s $378.9 million USD 2012 […]

Interview with Attorney Derick Sylvester

Boxing Day in Grenada was the scene of high controversy, when Oscar Bartholomew, a Grenadian native who was visiting from Canada, died after an alleged incident involving the Royal Grenada Police Force. The police have launched an investigation into the […]

The Caribbean Year in Review

For the Caribbean, it was the Year of the Vote. By year’s end, five countries, Jamaica, Guyana, St Lucia and Haiti and the British Virgin Islands, will have chosen new leadership, with Jamaicans headed to the polls on Thursday. It […]

Op-Ed: Jamaica at a Crossroads

By Kent Gammon Op-Ed Contributor The Jamaican people will decide their fate on the Dec. 29 in the country’s 16th general election. They face a major crossroads: go with the Jamaica Labour Party (JLP) which will mean austerity measures due […]

Interview with Roger Chang, President of the Jamaica Solar Energy Association

By Alexander Britell The Caribbean’s green energy movement has made strides in recent years, from a burgeoning geothermal sector on islands like Nevis and Dominica to wind farms like the one at Wigton in Jamaica. It’s Jamaica, however, which is […]

Durandis: Haiti’s Aid-Industrial Complex

Above: a home in Leogane By Ilio Durandis Even before the disastrous earthquake that rocked Haiti on Jan. 12, 2010, the country suffered immensely from the symptoms of its Aid Industrial Complex (AIC). The term Republic of NGOs (Non-Governmental Organizations) […]

Kent Gammon: How Plea Bargaining Could Help Control Jamaican Crime

By Kent Gammon Op-Ed Contributor Jamaica’s murder rate is one of the highest in the world with a prosecution success rate of a highly unimpressive 30 percent. The effects of these statistics on the Jamaican economy are manifested in lack […]

Jamaica Signs Deal on ICT Loan as Part of Wider Technology Strategy

Above: Industry, Investment and Commerce Minister Dr Christopher Tufton (JIS Photo) By the Caribbean Journal staff The Jamaica Promotions Corporation and the Development Bank of Jamaica Limited signed a Memorandum of Understanding yesterday on a $20 million loan facility to […]

Op-Ed: Developing the Right Small Business Act for the Bahamas

Above: Bay Street in Nassau (CJ Photo) By Mark A Turnquest Op-Ed Contributor After my organization hosted the country’s first Small Business Summit in 2009, it was evident that the Bahamas needed a national strategic plan for the development of […]

In Dominica, a New Look at Social Security

Above: DSS Director Janice Jean-Jacques Thomas (Photo: DIS) By Mervin Matthew Dominica’s Social Security has begun a series of consultations with stakeholders across the island, engaging in dialogue on the further development of the country’s social security scheme. “The management […]

Inside David Smith’s OLINT Sentence

By Robert Di Pano United States authorities are now seeking restitution and asset forfeiture from failed OLINT Ponzi schemer David Smith after his 30-year prison sentence for wire fraud and money laundering was announced Aug. 11. US Federal District Court […]

Interview with Dr Keith Nurse: What Climate Change Means for Caribbean Tourism

By Alexander Britell The Caribbean is continually looking for ways to emerge from the downturn. And with an economy largely dependent on tourism, a changing world economy – and a changing world climate — pose new problems for the region. […]

David Smith Gets 30 Years in Prison

By Robert Di Pano Caribbean Ponzi schemer David Smith, whose OLINT scheme defrauded investors across Florida and the Caribbean out of over $220 million, has been sentenced to 30 years in federal prison in the United States by Judge Mary […]

OLINT Investors Await Smith Sentencing

Above: Federal District Court in Orlando, Fla. By Robert Di Pano David Smith, the mastermind behind the Caribbean-based Olint Ponzi Scheme that bilked investors out of over $220 million, will be sentenced Aug. 11 in United States District Court in […]

Inter-American Development Bank Warns on Caribbean Food Prices

By the Caribbean Journal staff Caribbean nations need to protect their urban poor as rising international food prices trigger an acceleration of inflation, according to a report from the Inter-American Development Bank. According to the report, “How will the Food […]

U.S. Investors Get Olint Priority

Federal Court in Orlando, Fla. U.S.-based investors will receive first priority in the Olint case, according to the U.S. Government, and the deadline for filing claims to recover money from David Smith’s failed ponzi scheme has been extended. Victim-witness specialist Elizabeth […]

Andrew Humphries on the Four Seasons Nevis Reopening and Caribbean Expansion

After Hurricane Omar hit the island of Nevis and closed the Four Seasons Nevis for over two years in 2008, the resort celebrated its reopening in December 2010, and, more recently, its 20-year anniversary. Caribbean Journal talked to Andrew Humphries, […]

A New Way to Fly to Abaco in The Bahamas