EU disburses first economic development tranche of EC$17.55 million to Montserrat

EU disburses first economic development tranche of EC$17.55 million to Montserrat

BRADES, Montserrat — The European Union has disbursed EC$17.55 million (€5.72 million) to the government of Montserrat as the first fixed tranche under the multi sector sustainable economic development budget support programme. The assistance is inclusive of an emergency top-up payment of EC$1 million (€320,000) as additional support to help with the economic recovery of […]

Read More
 Grenada achieves historic milestone with well over 500,000 visitor arrivals in 2018

Grenada achieves historic milestone with well over 500,000 visitor arrivals in 2018

Grenada Tourism Authority Staff Photo ST GEORGE’S, Grenada — Grenada achieved a historic milestone in 2018, welcoming more than half a million visitors to the destination’s shores. Spread across key niche markets, the combined cruise, yachting and stay over arrivals for 2018 was 528,077 representing a 12.90 percent increase over 2017. A strong performance was […]

Read More
 ExxonMobil resumes drilling in Guyana waters after Venezuelan naval interdiction

ExxonMobil resumes drilling in Guyana waters after Venezuelan naval interdiction

The Stena Carron drillship By Youri Kemp Caribbean News Now associate editor [email protected] GEORGETOWN, Guyana — Some two weeks after having its oil exploration vessels interdicted by the Venezuelan navy in Guyanese maritime territory, ExxonMobil in a statement on Monday stated that they have resumed oil exploration in Guyanese waters. In the statement: “ExxonMobil said […]

Read More
 Venezuelan Supreme Court justice flees Maduro regime and is now speaking out

Venezuelan Supreme Court justice flees Maduro regime and is now speaking out

Former Venezuelan Supreme Court Justice, Christian Zerpa MIAMI, USA — Former Venezuelan Supreme Court Justice, Christian Zerpa, has fled to the United States to protest President Nicolas Maduro’s regime. Zerpa, once a staunch supporter of Maduro, fled to Miami, Florida, where in an interview he told EVTV: “I’ve decided to leave Venezuela to disavow the […]

Read More
 Economic citizenship abuse may have cost St Kitts-Nevis between US$30 million and $130 million

Economic citizenship abuse may have cost St Kitts-Nevis between US$30 million and $130 million

St Kitts and Nevis Prime Minister Dr Timothy Harris (L) with Citizenship by Investment Unit CEO Les Khan By Caribbean News Now contributor BASSETERRE, St Kitts — The recently exposed but apparently still ongoing abuse of the St Kitts and Nevis citizenship by investment programme (CIP) may have already cost the country and its government […]

Read More
 Cuba to expand facilities for foreign trade

Cuba to expand facilities for foreign trade

Vivian Herrera, investment director at the ministry of foreign trade and foreign investment (MINVEX). ACN photo/ Marcelino VÁZQUEZ HERNÁNDEZ HAVANA, Cuba (ACN) — Cuba will develop an integrated digital platform this year in order to facilitate foreign trade operations, which will be linked to the simplification of procedures for the export and import of goods. […]

Read More
 Nevis opposition leader calls for economic citizenship revenue accounting

Nevis opposition leader calls for economic citizenship revenue accounting

Robelto Hector By Jermine Abel CHARLESTOWN, Nevis (WINN) — Leader of the opposition Nevis Reformation Party (NRP), Robelto Hector, has challenged Nevis premier, Mark Brantley, to account for budgetary allocations the federal government of St Kitts and Nevis has made to the Nevis Island Administration over the recent years. Hector noted that the Nevis government […]

Read More
 Medical school celebrates new home in Barbados

Medical school celebrates new home in Barbados

BRIDGETOWN, Barbados — On Saturday, Prime Minister Mia Mottley and Adtalem Global Education president and CEO Lisa Wardell joined with dignitaries, business leaders and other community stakeholders for the grand opening of Ross University School of Medicine’s (RUSM) new campus in Barbados. With classes beginning on Monday, the opening program celebrated the start of the […]

Read More
 Venezuela edges closer to armed conflict with Guyana over resource-rich territory

Venezuela edges closer to armed conflict with Guyana over resource-rich territory

Minister for Foreign Affairs, Carl Greenidge, speaking in parliament By Youri KempCaribbean News Now associate [email protected] GEORGETOWN, Guyana — Guyana’s minister for foreign affairs, Carl Greenidge, while speaking in parliament on the recent interdiction by the Venezuelan Navy of ExxonMobil vessels doing seismic surveys in Guyanese waters during the Christmas holidays, also disclosed that, during […]

Read More
 EU signs EC$18 million road programme with St Vincent and the Grenadines

EU signs EC$18 million road programme with St Vincent and the Grenadines

KINGSTOWN, St Vincent — The European Union has signed a financing agreement of EC$18.35 million (€5.98 million) with the government of St Vincent and the Grenadines for a road management and rural road improvement programme. This programme will be implemented by the Caribbean Development Bank (CDB) under an agreement with the European Union. The overall […]

Read More