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Protecting freedom of the press

BRIDGETOWN, Barbados, Advocate -Today is World Press Freedom Day and the theme for this year is “Safe to Speak: Securing Freedom of Expression in All Media”, with the focus on preventing acts of violence or discrimination against journalists and media personnel as they seek to report on the happenings around the world. However, it is fair when considering “press freedom” that one critiques the content of what the press is “free” to publish; for with freedom comes great responsibility.

JAMAICA-CRIME-Prime Minister’s brother beaten and robbed

KINGSTON, Jamaica, CMC- The brother of Prime Minister Portia Simpson Miller was beaten and robbed during early Thursday morning at his business place, in downtown Kingston. The police have confirmed that between 3.30am and 4.30am, armed men broke into the store owned by Vincent Simpson who is the elder brother of the Prime Minister. The men demanded money and during the holdup and then proceeded to beat and stab Simpson.

SURINAME-FINANCE-Suriname insurance company acquires Trinidad’s Gulf Insurance

PARAMARIBO, Suriname, CMC - Assuria insurance company has acquired the Trinidad and Tobago-based Gulf Insurance Ltd in a move the company says will solidify moves to expand its operations into the Caribbean. The cost of the sale has not been disclosed, but Assuria’s general manager Stephen Smit told shareholders that the Central Bank of Suriname (CBvS) had granted permission to buy the Trinidadian company and that the Central Bank of Trinidad and Tobago had approved the sale months ago.

B’dos attracting investor interest

BRIDGETOWN, Barbados, Advocate -According to the Minister of Finance, a lot of interest is being shown in Barbados by outside investors.

Minister Christopher Sinckler stated recently that he has been taking meetings with investors that are very interested in coming into the Barbadian market.

Speaking at a press conference on the state of the local economy, the Finance Minister told of meetings that he took just last week with a business willing to invest millions in the Barbados economy in the near future.

ANTIGUA-DRUGS-Criminals adopting new strategies in illegal drugs and money laundering activities

ST. JOHN’S, Antigua, CMC - The Office of National Drug and Money Laundering Control Policy (ONDCP) is warning criminals it will continue to pursue its mandate obligations to the country even as they adopt new strategies to carry out their illegal activities in Antigua and Barbuda. “The counterdrug efforts remain consistent but increasingly challenging as the criminals are learning from our successes against them and altering or innovating their techniques to evade detection,” said ONDCP director Lieutenant Colonel Edward Croft.

New money in June

BRIDGETOWN, Barbados, Advocate - From June 4, Barbadians will have their hands on crisp, boldly coloured, newly designed bank notes. News of this broke yesterday at the Central Bank at the launch of the new family of currency notes. Though the same familiar portraits of well accredited Barbadians and the familiar colours will remain associated with each note denomination, the bills have been modernised in design, with several new features being added to boost security as well as assist the visually impaired. Said Dr.

IRS targets Caribbean bank accounts

KINGSTON, Jamaica, Observer - A federal court in California has authorised the Internal Revenue Service (IRS) to serve a "John Doe" summons seeking information about US taxpayers who may hold offshore accounts in a Barbados-headquartered Caribbean bank.
The Department of Justice has identified the bank as the Canadian Imperial Bank of Commerce FirstCaribbean International Bank (FCIB). It said the order was signed by Senior District Judge Thelton E Henderson.

CDC begins consultations on disasters towards Cabinet approval

GEORGETOWN, Guyana, Chronicle - THE Civil Defence Commission (CDC) hosted a National Stakeholders Consultation yesterday at which there was a presentation on the National Early Warning Systems (EWS) in Guyana. First in a series, the event was in an effort to get feedback on the documented proposals prior to seeking Cabinet approval of them.

Belize Government To Launch National Bank

KINGSTON, Jamaica, Gleaner - The Belize government is to launch a national bank that Prime Minister Dean Barrow said should place pressure on commercial banks to reduce lending rates to consumers in the future. Barrow said the National Bank of Belize Limited will have a start-up capital of BDZ$20 million (one Belize dollar = US$0.50 cents) that will come from PetroCaribe funds.

Gov’t Needs To Look At Diaspora’s Impact In Moving Forward – Tufton

KINGSTON, Jamaica, Gleaner - Deputy Leader and Opposition Spokesman on Foreign Affairs, Foreign Trade and Investment, Dr Christopher Tufton, is pushing for Jamaica to conduct a comprehensive examination of the economic and social impact of its large and growing diaspora community to inform the country's policy strategy on diaspora affairs.