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Barbados PM Stuart Discusses Impact of Osama Bin Laden’s Death

The Barbadian government has responded to the death of Al-Qaida leader Osama Bin Laden with caution, following the country’s historical foreign policy of “friends of all, satellites of none.” Prime Minister Freundel Stuart said he hoped the situation would resolve […]

New Bahamian Party Set for Launch

The new Democractic National Alliance (DNA) party in the Bahamas, led by Bamboo Town MP Branville McCartney, will launch its list of candidates by the end of May. The party’s candidacy committee is being chaired by a well-known clergyman, and […]

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 […]

Bahamas Signs Deal on $48.5M Sports Centre Renovation

The Bahamian government signed a $48.5 million contract with two local companies for what is dubbed as the Queen Elizabeth Sports Centre Redevelopment Project. The deal is part of the country’s broader strategy to capitalize on so-called “sports tourism” something […]

Manatt Commission Set to Report May 16

Lawyers in the Manatt-Dudus Commission of Enquiry in Jamaica made their final submissions yesterday as the commission prepares to present its report by the May 16 deadline. The report centers on two main questions — whether the extradition of Christopher […]

Bahamas Petroleum Company to Begin Offshore Drilling in 2012

The Bahamas Petroleum Company is planning on beginning drilling in 2012, according to BPC CEO Dr. Paul Crevello. “We are working towards a drilling well next year sometime,” Crevello said yesterday. “We know the government is working towards getting regulations […]

Ingraham Modifies Foreign Investment Restrictions, Residency Requirements

Restrictions preventing foreign investment in restaurants and entertainment facilities have been lifted by Bahamian Prime Minister Hubert Ingraham, who also announced a new minimum dollar requirement for foreign direct investment. The prime minister attributed the changes to a series of […]

Jamaica Reports Increase in Cruise Ships

There was a nearly double-digit increase in the number of cruise ship arrivals to Jamaica during the winter, according to Minister of Tourism Edmund Bartlett. “The stage is now set for yet another remarkable year of performance in terms of […]

Martelly Embarks on U.S. Trip

Haitian President-Elect Michel Martelly is heading to the United States for talks with U.S. Secretary of State Hillary Clinton and World Bank and IMF officials. According to a statement, Martelly will be discussing “job creation, education, security, reconstruction and health.” […]

Branson to Create Lemur Habitat in BVI

Billionaire mogul Richard Branson plans to create a lemur habitat on an undeveloped island he owns, Moskito Island. The animals are disappearing from their native African habitat, and Branson plans on bringing the first group of 30 lemurs to the […]

More Extradition Controversy for Jamaica

Jamaican Tony Ashman, who was slated to be extradited from Jamaica to England to face a murder charge, has been detained for more than 60 days without being extradited. Now, pressure in the country, led by the opposition People’s National […]

Slight Earthquake in Bermuda

An earthquake measuring 4.4 on the Richter Scale occurred 50 miles off the coast of Bermuda today, and was felt in businesses in Hamilton, along with residential households in Warwick. According to Mark Guishard of the Bermuda Weather Service, there […]

Four Seasons Project Restart Leading Renewed Foreign Investment in Barbados

Four Seasons Residences, Clearwater Bay, Barbados A slew of new projects in Barbados, including at Four Seasons, Beachlands, Cost-U-Less and Fort Ferdinand, could mean a big boost in foreign investment in Barbados, according to Minister of Finance Chris Sinckler. “People […]

Barbados Tourism Board Looks to Rihanna

Barbados’s Board of Tourism is looking to capitalize on international music star Rihanna’s Bajan heritage, with the board’s new chairman, Adrian Elcock, saying a Barbados appearance by the singer must happen on his watch. “We have to have a relationship […]

Cayman Passes Changes to Companies Law

Caymanian legislators passed three laws yesterday aimed at bringing financial services in the Cayman Islands in line with international standards. The three laws were the Companies (Amendemnt) Bill 2011 and two companion bills — the Securities (Amendment) Bill and the […]

World Bank: Jamaican Crime Reduction Could Mean 5 percent Increase in Growth

If Jamaica can reduce its crime rate to the level of Costa Rica, it could see a 5.4 percent increase in gross domestic product, according to the World Bank’s World Development Report for 2011. “Indirect costs — associated with stress […]

International Monetary Fund: Caribbean Real GDP to Grow 4.2 percent in 2011

The Caribbean region’s real GDP is projected to grow at 4.2 percent this year, following a 3.4 percent increase in 2010, according to the International Monetary Fund’s World Economic Outlook. The organization predicted a 7.2 percent in consumer prices for […]

Jamaican Government Temporarily Cuts Fuel Taxes, Staves Off Protest

Minister of Finance and Public Service Audley Shaw The Jamaican Government temporarily reduced the ad valorem tax on petrol from 15 percent to 10 percent yesterday, with the cut set to take effect Thursday. The move came after threats of […]

REDjet to Start Flights Next Month

New Caribbean airline REDjet is set to take off next month, with tickets going on sale Wednesday, the company announced in a statement. According to Redjet, the first flights will begin May 8, featuring frequent trips to Barbados, Guyana, Jamaica […]

New York Lawyer Contributes to Save Belize’s Mesoamerican Reef

Sir Thomas Moore, a lawyer in New York and longtime supporter of ocean renewal, donated $100,000 to help completely end all forms of trawling in Belize. Moore made the contribution as part of the Christie’s Green Auction last week. The […]

CARICOM, Italy Sign MOU

CARICOM and Italy today signed a Memorandum of Understanding aimed at strengthening political, scientific and technical relationships between the Caribbean market and Italy, CARICOM Secretary-General Lolita Applewhaite announced today. The Memorandum places a special focus on areas including tourism, modernization […]

Editorial: A New Destiny for Haiti?

Above: Michel Martelly A Caribbean Journal Editorial Haiti has always been surrounded by volatility, a frequent, unfortunate victim in the Caribbean sea – all too often abused, both by its own leaders, and those from abroad. Its former dictator, Francois […]

Bahamas Completes BTC Sale

The government of the Bahamas has completed a 51 percent sale of the Bahamas Telecommunications Company to British firm Cable and Wireless Communications, Prime Minister Hubert Ingraham announced today in a statement. The deal was the subject of a great […]

Jamaica to Tap Chinese Coffee Market

The Jamaican Government is moving to broaden the market of Jamaica’s high-end Blue Mountain Coffee, as the first 16,500 kilogram shipment of Jamaican green bean coffee was sent off on its way to Hangzhou, China. Last year, the Hangzhou Coffee […]

Martelly: I Am President for All Haitians

After taking nearly 70 percent of the votes following preliminary counting, Haiti’s President-Elect, former musician Michel Martelly, pledged reconciliation and change for the long-troubled nation. “I am president for all Haitians,” he told supporters at his first post-election news conference. […]

Garfield Barnwell: Region Needs to Improve Green Development

Solar panels in Andros, Bahamas By the Caribbean Journal Staff Greater levels of investment are vital if the Caribbean is serious about sustainable development, CARICOM Director of Sustainable Development Garfield Barnwell said last week in Suriname at the opening of […]

Former Barbados PM Owen Arthur: Caribbean Integration Essential

Removing trade barriers is “essential” for the advancement of the Bahamian economy, former prime minister of Barbados, Owen Arthur, has said. “The Bahamas can play an integral role in the development of the Caribbean region and the economies of its […]

From Anguilla to Aruba, the Best Caribbean Beaches to Visit This Summer