News from the Turks and Caicos Islands:
April 22, 2015
Earth Day is celebrated every day at Health City Cayman Islands by implementing an impressive array of planet-friendly initiatives that abound on the well landscaped property. "We were built and will expand with sustainability and safety in mind," said Shomari Scott, marketing director.
April 20, 2015
The collapse in early 2011 of what prosecutors described as Connecticut’s largest ever Ponzi scheme and subsequent criminal and civil court proceedings have revealed a money trail of ill-gotten gains stretching from one end of the Caribbean to the other, some of which benefited individuals connected...
April 20, 2015
Former prime minister of Jamaica, P.J. Patterson, says the region must unite in order to achieve economic prosperity and effectively address issues such as food insecurity, natural disasters and health challenges. “We, who were called upon to serve at varying times in political leadership...
April 20, 2015
The Council of Ministers of Finance of Central America, Panama and the Dominican Republic (COSEFIN) and CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) on Saturday signed a memorandum of understanding that enables Central American countries formally...
April 17, 2015
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.
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...
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...
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.
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...
February 26, 2015
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...
February 12, 2015
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.
February 11, 2015
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.
January 29, 2015
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.
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.
January 24, 2015
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...