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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 […]
Baha Mar Signs Morgans, Hyatt, Rosewood
By the Caribbean Journal staff The massive Baha Mar resort project in Nassau has signed agreements with Hyatt Hotels, Rosewood and the Morgans Hotel Group to manage hotels at the project. Hyatt will manage the planned 700-room Grand Hyatt convention […]
Cuban Biomedical Team in Jamaica
The first members of a Cuban biomedical engineering team are in Jamaica to restore medical equipment in the public health system. The biomedical agreement between Jamaica and Cuba will last for two years and cost $350,000, according to Health Minister […]
Grenada Amends Insurance Law
Above: Grenada’s Parliament Parliament has passed an insurance amendment act 2011 which seeks to change certain provisions of the Insurance Act 2010, highlighted by a broadening of the definition of “local company.” The amended california state car seat laws will […]
Jamaica Could Restart Gold Mining after Chemical Leak in Clarendon
Above: Housing, Environment and Water Minister Dr Horace Chang (2nd left), addressing journalists about a toxic leak at the gold mine in Pennants, Clarendon, during a media briefing at the National Environment and Planning Agency on Monday. Others (from left) […]
In the Diaspora, a Beacon for Reggae
By Alexander Britell Every Saturday afternoon in Miami, the world of reggae finds a home at the WDNA 88.9 FM studio, where Jamaican native Howard Duperly operates his Reggae Ride program, a musical odyssey that takes listeners from the Mento […]
REDjet’s Burns: No Plans to Sue
REDjet CEO Ian Burns said his company had no plans to bring a lawsuit against Jamaican authorities after its application to operate flights to the island had been delayed. “We’re in business in the Caribbean to work with governments and […]
Bahamas, UAE Form Diplomatic Ties
The Bahamas and the United Arab Emirates have established diplomatic relations, the Bahamian Ministry of Foreign Affairs announced. The agreement was made in the form of a joint communique at the Permanent Mission of the United Arab Emirates in New […]
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 […]
Trinidad’s Energy Minister Meets with Ghanaian Officials on Natural Gas
Ghana’s Energy Minister Dr. Joe Oteng-Adjei and Trinidad’s Minister of Energy Carolyn Seepersad-Bachan By the Caribbean Journal staff Following an agreement that would see Trinidad supply energy for power plants in Ghana, Trinidad and Tobago’s Minister of Energy and Energy […]
New Ferry Connects Bimini, Miami
A new 450-passenger ferry will bring passengers between Miami and Bimini in the Bahamas, with service set for launch in June. The ferry, operated by Balearia Ferry Group out of Spain, will take approximately one hour and a half, and […]
Jamaicans Still Buying into Financial Schemes
Jamaica’s FSC Senior Management Team Jamaica has been home to the high-profile OLINT issue, what some have dubbed the Caribbean’s version of the Bernard Madoff controversy. But according to the Jamaican Financial Services Commission, there are 64 unregulated investment schemes […]
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