Archive | Caribbean News RSS feed for this archive
David Ames (Harlequin) r, Mark Maloney (Preconco) r

Harlequin Property Goes Bust!

Recent developments in St. Vincent with Harlequin Property SVG filing insolvency proceedings will lead to heavy loses for investors to be sure. This matter should be a concern for Barbadians because of the stalled properties owned by Harlequin in Barbados. As is the norm Barbadians will NOT be updated on this matter until the local […]

83 Comments Continue Reading →

2017 T&T Budget Review

Submitted by Afra Raymond The 2017 budget was presented on Friday 30th September 2016, with the known decline in State revenue having the expected impact. As shown in the graph and table, the Estimate of Revenue is now down to $47.4 Billion, which is itself a doubtful figure as I will show, with Estimated Expenditure […]

16 Comments Continue Reading →

LIALPA Calls for TRANSPARENCY and ACCOUNTABLITY – LIAT Withholds Retirement Fund Information

Submitted by the Leeward Islands Airline Pilots Association (LIALPA) (St John’s, Antigua) For over three (3) years, the Leeward Islands Airline Pilots Association (LIALPA) has been trying to overcome the stalling and delaying tactics of LIAT’s management in releasing accounting information with regards to their Retirement Funds. As recent as last December, the Company refused […]

16 Comments Continue Reading →

Remembering Haiti


66 Comments Continue Reading →

Caribbean States Raise De-risking Concerns

by caribbeantradelaw Alicia Nicholls De-risking was one of the myriad of developmental issues raised by small states of the Caribbean Community (CARICOM) at the 71st Regular General Assembly of the United Nations in New York over the past few days. The theme of the general debate of the 71st session was “The Sustainable Development Goals: […]

44 Comments Continue Reading →
Afra Raymond

Property Matters – Hotel Facts

by AfraRaymond The previous article on the Sandals Tobago proposal ended by pointing to the need for attention to the underlying, commercial arrangements which drive projects of this type. The procurement model is key to understanding how these large-scale, internationally-branded hotels are created and sustained. The two ends of the procurement show different approaches – […]

5 Comments Continue Reading →
Afra Raymond

Property Matters – Pay Day? Part Two

by AfraRaymond I previously estimated State debt to the construction industry in the $3.2-3.5 Billion range. I have since been reliably informed that construction industry claims against WASA are estimated to be in the $600M range, which of course would be subject to verification as discussed previously. My revised estimate (see table below) is now […]

Leave a Comment Continue Reading →
Afra Raymond

Property Matters – Pay Day?

by AfraRaymond The JCC has become dormant by today’s standards, with only two items posted to its website for 2016. I was therefore very interested in their 27th July Press Conference to protest the high levels of State debt to its members. At a time of apparent crisis for the construction industry, one would think […]

4 Comments Continue Reading →

CRIME a Worry

The following is a post to a T&T YahooGroup to which Barbados Underground is subscribed. Take note of the following disclaimer. The BU household has replaced “T&T” with Barbados, “Keith and Kamla” with Freundel and Mia, “PNM and UNC” with DLP and BLP – Barbados Underground (BU) …. they admit the main reason for our […]

126 Comments Continue Reading →

Afra Raymond’s Weblog – The Colman Report

“…This country should rest comfortably in the knowledge that the Government of Trinidad and Tobago…will do nothing to impede the flow of justice in this or any matter. And we will do everything within its duty and authority to facilitate the holding to account any and all persons who may have been found to have […]

17 Comments Continue Reading →

Cleanup Campaign – Run for the Coast

Submitted by Kammie Holder From: Run4 TheCoast [] Sent: Monday, August 22, 2016 11:48 AM To: Guardian Life Subject: The U.S. Embassy Presents the “Run for the Coast”, September 17, 2016 Dear Sir/Madam, The U.S. Embassy to Barbados, the Eastern Caribbean, and the OECS, and the Bureau of Diplomatic Security, are proud to announce the […]

49 Comments Continue Reading →
Father and son Butch and Adam Stewart

Property Matters – Sandals Tobago?

From the Afra Raymond blog The recent official statements about a proposal for a Sandals Resort in Tobago are significant, given both the convulsions in the Tourism portfolio and the urgent need to diversify our economy away from its long-term dependence on energy earnings. This is a preliminary view of some of the relevant considerations, […]

23 Comments Continue Reading →

The World of the Political Class, Jamaican Style – Can it Happen Here?

During that time, Robertson, a member of the conservative Jamaica Labour Party, has survived a political career that would have derailed many. He was reelected in 2012, when a backlash against the JLP’s association with a drug trafficker forced the prime minister to resign, and the rival People’s National Party (PNP) nearly swept the elections. […]

29 Comments Continue Reading →

Emancipation Dance

Submitted by Peter Thompson It is August 1st, Emancipation Day across much of the formerly British Caribbean. It commemorates the Slavery Abolition Act (1833), which legislated the end of slavery in the British Empire in August, 1834. Here in Jamaica it is part of a week of parades and parties leading up to Independence Day […]

29 Comments Continue Reading →

Barbados Continues to Contribute Significantly to Cable & Wireless Communications Profit & Loss Account

Riddle me this, riddle me that – What Cable & Wireless Communications and Commercial Banks in the region have in common? The financials for Cable & Wireless as at 31 March 2016 – recently gobbled up by Liberty Global plc – are published. See snippets from the financial which are of interest. A full read […]

7 Comments Continue Reading →
Colm Imbert

Minister of Finance and the Economy vs. Afra Raymond – Keith Rowley Protecting Persad-Bissessar and CL Financial Group

BU’s read of the following is simple, the political class is the same everywhere, they are wont to protect their own. What is interesting in this case is that transparency laws are on the statute books in Trinidad and Tobago. Why would the recently installed Rowley PNM government not want to be transparent about how […]

4 Comments Continue Reading →
Philando Castile and Alton Sterling

Caribbean Governments Must Intervene In Defense of our African-American Brothers and Sisters

INTERNATIONAL  NETWORK  IN  DEFENSE  OF  HUMANITY (CARIBBEAN  CHAPTER) PAN- AFRICAN  COALITION  OF  ORGANIZATIONS (PACO) JOINT  STATEMENT   CARIBBEAN  GOVERNMENTS  MUST  INTERVENE  IN  DEFENSE  OF  OUR  AFRICAN- AMERICAN  BROTHERS  AND  SISTERS! The murders, earlier this month, of two young African-American men — Philando Castile and Alton Sterling — by white American police officers, should bring home […]

35 Comments Continue Reading →

Report of the Commission of Inquiry Surrounding the Assassination of Dr. Walter Rodney, RELEASED

The above [below] is a digitalized text of an “unofficial” printed copy of the Commission of Inquiry Report on the death of Dr. Walter Rodney which occurred on the evening of June 13, 1980 in Georgetown, Guyana. The text for this version is transcribed from a printed copy similar to that submitted to the Guyana […]

15 Comments Continue Reading →