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Regional commission to assess cannabis use in the Caribbean

April 17, 2015
Regional commission to assess cannabis use in the Caribbean Regional heads of government in the Caribbean have agreed to establish a regional commission on cannabis to conduct an enquiry into the social, economic, health and legal issues surrounding cannabis use in Central America and the Caribbean and to advise on possible changes in the the current drug classi­fication.

Continued US concern over Bahamas aviation sector, drug activity

March 23, 2015
The US State Department says Haitian and Haitian-Bahamian drug trafficking organizations continue to play a major role in movement of cocaine and those organizations are “increasingly networked between Haiti and the significant Haitian diaspora in The Bahamas;” that its investigations reveal...

Caribbean enjoys higher than average rise in hotel prices for 2014

March 5, 2015
The average price paid for a hotel room around the world rose by three percent during 2014 compared with 2013, according to the latest Hotels.com Hotel Price Index (HPI). However, the Caribbean reported four percent index growth. The overall global economic recovery...

Disproportionate impaired loans in the Caribbean weighing down Canadian banks

March 4, 2015
 As the extent of the damage suffered by Canadian banks in the Caribbean comes more clearly into focus, so too does the role the misfortunes of the region’s hospitality industry played in inflicting that damage, and so too does the question of how much is too much.

Health City, Cayman Tourism partner to promote medical travel

March 4, 2015
The Caribbean's newest healthcare facility is venturing into a new partnership to strengthen its identity as the region's premier destination for world-class healthcare and medical tourism. Shomari Scott, marketing director of Health City Cayman Islands, said that the international hospital's strategy...

Cayman Islands attorney general comes under fire again

February 26, 2015
Cayman Islands attorney general comes under fire again A local attorney said that there are too many unanswered questions in relation to the legal authorities in the Cayman Islands that are of significant public concern. With a number of freedom of information requests eliciting very little information because of poor record keeping or refusals to release information...

Bank leak reveals billions from Caribbean stashed in Switzerland

February 12, 2015
Bank leak reveals billions from Caribbean stashed in Switzerland The International Consortium of Investigative Journalists released a report this week revealing billions of dollars held in nearly 60,000 internal Swiss bank documents from 2006 to 2007 leaked by whistleblower Hervé Falciani, a former employee of HSBC in Switzerland.

Britain's Labour Party leader hopelessly out of touch, says Cayman attorney

February 11, 2015
Britain's Labour Party leader hopelessly out of touch, says Cayman attorney The chairman of the Cayman Islands Stock Exchange, local attorney at law Anthony Travers, has accused UK Labour Party leader Ed Miliband of being hopelessly out of touch in relation to international tax avoidance. Travers’ comments follow a letter from Miliband to the leaders of Britain’s Overseas Territories.

Two men ferrying boat from TCI rescued from remote Bahamas island

January 29, 2015
Two men ferrying boat from TCI rescued from remote Bahamas island Two stranded men are safe after the US Coast Guard rescued them off an island in The Bahamas on Tuesday afternoon. Coast Guard 7th District watchstanders received a request for assistance from the Royal Bahamas Defence Force to rescue two US citizens from a remote island.

Travel demand for Caribbean on the rise

January 27, 2015
The Expedia group, one of the world's largest online travel companies, reported on Monday that travel demand garnered via the company’s platforms for the Caribbean region grew nearly 30 percent year over year during the first three quarters of 2014.

UWI appoints Anguillian as manager for British overseas territories sites

January 24, 2015
UWI appoints Anguillian as manager for British overseas territories sites The UWI Open Campus of the University of the West Indies (UWI) has announced the appointment of Dr Phyllis Fleming-Banks to oversee the operations of its Open Campus country sites in the British Overseas Territories (BOTs). The sites include Anguilla, British Virgin Islands, Montserrat...

US$10 million set aside for eighth cycle of CDB's Basic Needs Trust Fund

December 13, 2014
The board of directors of the Caribbean Development Bank has approved US$10 million from the Special Development Fund for the eightth cycle of the Basic Needs Trust Fund (BNTF 8). This decision was made at the 264th meeting of the Board, held on Thursday.

British officials may face inquiry after former Cayman premier acquitted

October 10, 2014
British officials may face inquiry after former Cayman premier acquitted Thursday’s acquittal by a local jury of former Cayman Islands premier McKeeva Bush on abuse of office and corruption charges may have ramifications for the British Foreign and Commonwealth Office (FCO). The allegations against Bush arose after a three-year investigation that concluded...

Cayman Islands police said to be covering up for British officials

August 8, 2014
Cayman Islands police said to be covering up for British officials In a decision that has been described by local media as part of an “ongoing cover up”, the Royal Cayman Islands Police Service (RCIPS) has concluded that allegations that a former Cayman Islands governor, the attorney general and a British Foreign and Commonwealth Office (FCO) adviser lied...

New report calls for Britain to investigate Caribbean tax havens

May 14, 2014
An unpublished two-year investigation by anti-corruption experts says the UK should launch a major investigation into the use of the British Virgin Islands (BVI) and other tax havens by "high-risk" sectors such as Indonesian forestry, Britain’s Observer newspaper reported.

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