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Cayman to Regulate, Tax Hedge Funds

Premier McKeeva Bush By the Caribbean Journal staff Premier McKeeva Bush announced that Cayman’s government would tax and regulate hedge funds for the first time, with the announcement coming in his budget address. “The Government will introduce a single revenue […]

Unfinished Anguilla Resort Sells for $15M

The still-unfinished 280-acre Temenos resort on Anguilla was purchased by an American home-goods executive for $15 million. Leandro Rizzuto, who owns the nearby CuisinArt Resort & Spa on the island, paid around 10 percent of the balance owed to the […]

Bahamian, Chinese Officials Meet on National Security, Transnational Crime

Wang Lequan, left, and Prime Minister Hubert Ingraham (BIS Photo/Peter Ramsay) Officials from China visited the Bahamas this week, discussing issues of national security and law enforcement. The two countries’ dialogue actually followed a stint by two Bahamian police officers […]

Director Chris Browne’s Quest to Bring Jamaican Film to the World

By Alexander Britell Despite a number of landmark films shot in Jamaica, from Dr. No, the first James Bond film (along with several other Bond films) to Legends of the Fall, the domestic Jamaican film industry is very much in […]

Diaspora Has Critical Role to Play, Jamaica’s Golding Says

Jamaican Prime Minister Bruce Golding at the Brookings Institution in Washington this week. (JIS Photo) The Jamaican Diaspora has a critical role in moving the country forward for growth, Jamaican Prime Minister said at a Washington reception held by Jamaican […]

Bahamas Works Minister Neko Grant: Tourist Infrastructure Vital

Ensuring that adequate infrastructure exists to support future tourism growth is vital, Bahamian Minister of Public Works Neko Grant said yesterday in a budget debate in Parliament. Grant said several countries have made this kind of infrastructure a priority, specifically […]

Cristina Savescu, World Bank Economist, on Caribbean Growth

By Alexander Britell Earlier this week, the World Bank released a report on growth prospects for Latin America and the Caribbean. That macro region had three distinct areas – Latin America itself, which is in the midst of an economic […]

After 20 Years, Bahamas and Cuba Reach Agreement on Maritime Border

Photo Source: NASA Visible Earth Following 20 years of negotiations, the Bahamas and Cuba have reached an agreement on their maritime border, according to Minister of Foreign Affairs Brent Symonette. Symonette would not confirm when the matter would definitively be […]

Bank of Jamaica Governor Brian Wynter: “Remarkable Change” Under Way

Brian Waynter (Photo: JIS) Jamaica is going through a period of “remarkable change,” Bank of Jamaica Governor Brian Wynter said yesterday at the Caribbean Canadian Emerging Leaders’ Dialogue Economic Symposium in St. Andrew. Wynter said the bank was working on […]

Report: Caribbean Football Officials Ask FIFA for New Investigator

FIFA President Sepp Blatter (Source: FIFA) Some Caribbean football officials have expressed their displeasure with the appointment of Louis Freeh, former head of the U.S.’s Federal Bureau of Investigation, as head of FIFA’s inquiry into the bribery scandal. “The investigation […]

Jamaican Prime Minister Begins High-Level Talks in Washington, D.C.

Prime Minister Bruce Golding Arrives at Washington’s Ronald Reagan Airport (JIS Photo) Jamaican Prime Minister Bruce Golding arrived in Washington, D.C. yesterday for high-level talks. The talks are part of a five-day visit for Golding. He was met by Jamaica’s […]

Bahamas’ Turnquest: More Cooperation Needed to Fight Transnational Crime

Bahamas Minister of National Security Tommy Turnquest called for renewed cooperation in the international war on drug crime at the first meeting of the Technical Working Group on Maritime and Aerial Domain Awareness Security Cooperation. The meeting was part of […]

Inspirato’s Brian Corbett on Caribbean Travel and the Promise of Anguilla

Sheriva in Anguilla By Alexander Britell Luxury destination club Inspirato was founded in part by brothers Brent and Brad Handler, who also started Exclusive Resorts, the ultra high-end vacation club. The company is now in nine cities in the Americas […]

Trinidad’s Warner Suspended by FIFA

Source: FIFA Trinidad’s Minister of Transport and Works and FIFA Vice President Jack Warner is among two FIFA officials suspended by football’s governing body ahead of an ethics probe. Warner, along with Qatar’s Mohammed bin Hammam, the head of Asia’s […]

Trinidad’s Ruling People’s Partnership Marks One Year in Office

Prime Minister Kamla Persad-Bissessar Trinidad’s ruling People’s Partnership marked one year in office, after winning 29 seats compared to the People’s National Movement’s 12 seats a year ago. The popularity of Prime Minister Kamla Persad-Bissessar, however, has fallen in polls, […]

U.K. Won’t Approve Cayman Budget

The United Kingdom will not sign off on Cayman’s budget for the upcoming year without cuts to civil service personnel, it announced. The budget had been set for delivery to the Legislative Assembly May 23, but British concerns about personnel […]

Singer Spragga Benz Leads Campaign for Leniency in Buju Banton Case

By the Caribbean Journal staff Singer Spragga Benz is spearheading a campaign on Twitter to encourage fans to send letters supporting leniency for Buju Banton, who is awaiting a sentencing hearing on his conviction on three drug charges. Banton will […]

Jamaican Economy to Grow 1 to 2 Percent

The Jamaican economy could grow between 1 and 2 percent his year, according to the Bank of Jamaica. The growth will be driven by extensions in agriculture, mining and quarrying, along with hotels and restaurants. “The Jamaican economy has started […]

Jamaica Defence Force Mum on Internal Review of Coke Raid

The Jamaica Defence Force is facing criticism after it is refusing to publicize the results of an internal review that examined its operation in West Kingston last year. “The no-comment is not acceptable,” said Dr Carolyn Gomes, the executive director […]

Former Trinidad PM Patrick Manning Suspended for Contempt

Former Trinidad Prime Minister Patrick Manning has been suspended following a finding of contempt by the Trinidad Parliament’s Privileges Committee. Manning had been criticizing the government of current PM Kamla Persad Bissessar, claiming that it was undermining anti-drug efforts enacted […]

Bahamas Petroleum Company, in Survey, Finds Supergiant Structures

By the Caribbean Journal staff The Bahamas Petroleum Company, which has offshore license permits in the Bahamas, said it had found structures similar to the so-called supergiant structures of the Gulf of Mexico and the Middle East. “What is most […]

Bahamas, Cuba Agree on Sea Border

Source: Nasa Visible Earth The Bahamas and Cuba have reached an agreement in principle regarding their mutual maritime border, according to Deputy Prime Minister and Minister of Foreign Affairs Brent Symonette. Setting the border was important due to the new […]

UWI Pro Vice-Chancellor Replaces Mary King in Trinidad Cabinet

Dr Bhoendradatt Tewarie, the pro vice-chancellor at the University of the West Indies, has replaced Sen. Mary King in the Trinidad Cabinet after King was removed from office in a conflict-of-interest government award scandal. [Trinidad Express]

France’s Sarkozy, Joined by Caribbean Officials, Backs Anti-Trafficking Fund

Joined by officials from several regions including the Caribbean, French President Nicolas Sarkozy has proposed an international fund operated by the United Nations to tackle the increasing global problem of illegal drug trafficking. Earlier this week, Gen. Douglas Fraser, head […]

U.S. General: Transnational Crime is the Greatest Threat to the Caribbean

Criminal gangs engaged in the transnational trafficking of drugs, guns and humans are the greatest threat to the region, according to Gen. Douglas Fraser, the head of the U.S. Southern Command. “The traffickers are well-financed and very capable,” he said, […]

A Conversation with Angela Brown-Burke, VP of Jamaica’s People’s National Party

Angela Brown-Burke is the vice president of Jamaica’s People’s National Party, along with being Councillor for the Norman Gardens Division and Minority Leader in the Kingston and St. Andrew Corporation. Caribbean Journal talked to Brown-Burke about the ongoing problems of […]

Jamaican Quake Began in Blue Mountains

The 4.2-magnitude earthquake this morning in Jamaica originated in Chestervale, St. Andrew in the country’s Blue Mountains, according to the University of the West Indies – Mona Earthquake Unit. The quake was felt in St. Thomas, Kingston and St. Andrew. […]

U.N.: Caribbean Foreign Direct Investment Fell 18 Percent in 2010

ECLAC headquarters in Santiago, Chile By the Caribbean Journal staff A report released yesterday showed Latin America with a larger increase in foreign direct investment than any other region last year, but the Caribbean did not fare as well, according […]

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