Caribbean standouts in the NBA

Caribbean standouts in the NBA

JJ Barea Basketball fans may have noticed in recent years that the NBA has become progressively more international. It’s not that the league hasn’t often had good international players; there just seem to be more of them who make very meaningful contributions of late. A league that once seemed almost exclusive to the United States, […]

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 Former Dallas police officer charged with murder in shooting death of St Lucia man

Former Dallas police officer charged with murder in shooting death of St Lucia man

Amber Guyger, in a booking photo provided by the Kaufman County Sheriff’s Office, September 10, 2018. (Kaufman County Sheriff’s Office/Handout via Reuters) By Caribbean News Now contributor DALLAS, USA — The former Dallas police officer who fatally shot a Saint Lucian man, Botham Jean, in his own apartment in September, was indicted on a murder […]

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 Guyana pushes trade and investment at OIC meeting in Turkey

Guyana pushes trade and investment at OIC meeting in Turkey

By Ray ChickrieCaribbean News Now contributor ISTANBUL, Turkey — Guyana attended the 34th meeting of the Standing Committee for Economic and Commercial Cooperation of the Organisation of Islamic Cooperation (COMCEC), which was held last week in Istanbul, Turkey. Representing Guyana at the meeting was its permanent ambassador to the United Nations, Michael Ten-Pow, who promoted […]

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 Sandals Tobago project off to a rocky start as opposition increases

Sandals Tobago project off to a rocky start as opposition increases

By Youri KempCaribbean News Now associate [email protected] PORT OF SPAIN, Trinidad — Prior to the release of a 2017 memorandum of understanding (MOU) between the government of Trinidad and Tobago and Sandals Resorts International (SRI) last week, concerns had been continually voiced over the transparency of the agreement and especially the financial concessions offered to […]

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 Deutsche Bank offices raided in more Panama Papers fallout

Deutsche Bank offices raided in more Panama Papers fallout

By Youri KempCaribbean News Now associate [email protected] FRANKFURT, Germany — Deutsche Bank’s offices, including its headquarters in Frankfurt, were searched by German authorities last week in a money laundering probe, prosecutors said in a statement. The raid was reportedly prompted by the now infamous “Panama Papers”, a dump of millions of financial documents from Panamanian […]

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 Citizenship by investment fraud in St Kitts-Nevis is ‘nasty and disgraceful’, says former minister

Citizenship by investment fraud in St Kitts-Nevis is ‘nasty and disgraceful’, says former minister

Dwyer Astaphan By Caribbean News Now contributor BASSETERRE, St Kitts — As the numerous accusations being levelled at the St Kitts and Nevis (SKN) citizenship-by-investment (CBI) programme reached fever pitch this week, with evidence of malfeasance and passports being sold at fraudulent ‘rock bottom’ prices, a former national security minister said the situation “is nasty. […]

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 EU assists in combating money laundering in region

EU assists in combating money laundering in region

BRIDGETOWN, Barbados — The European Union and the Caribbean Financial Action Task Force (CFATF) have signed an agreement to enhance the region’s capacity to comply with standards relating to anti-money laundering and combating the financing of terrorism. This will be undertaken via the implementation of a mutual evaluation programme which will evaluate compliance in the […]

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 Thousands of farmers in Jamaica to receive support to increase production

Thousands of farmers in Jamaica to receive support to increase production

KINGSTON, Jamaica — Over US$60 million will be injected into Jamaica’s agriculture and rural tourism sectors come 2019. Farmers and rural producers are among those to benefit from the funds, geared towards enhancing agricultural productivity, agro-processing and rural tourism. Following the successes of the World Bank funded Rural Economic Development Initiative (REDI), phase two of […]

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 IMF concludes Jamaica’s 2018 financial system stability assessment

IMF concludes Jamaica’s 2018 financial system stability assessment

IMF Executive Board WASHINGTON, USA — On November 5, 2018, the executive board of the International Monetary Fund (IMF) concluded the IMF’s latest financial system stability assessment (FSSA) of Jamaica. The financial sector has significantly expanded since the last FSSA in 2006. Financial sector assets now stand at about 180 percent of GDP. The financial […]

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 CCJ rules in favour of employee in Dominican contract dispute

CCJ rules in favour of employee in Dominican contract dispute

CCJ headquarters in Port of Spain PORT OF SPAIN, Trinidad — In Mariette Warrington v Dominica Broadcasting Corporation, the Caribbean Court of Justice (CCJ) on Friday decided that Warrington, a former general manager of the Dominica Broadcasting Corporation (DBC), should be paid the equivalent of six months’ salary, gratuity and holiday pay totalling EC$52,300 as […]

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