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Day: July 3, 2013

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Dengue epidemic alert issued for Central America and Caribbean

By Corey Kane Tico Times Mexico and the Caribbean are included in the widespread warning about dengue fever, a mosquito-born virus and leading cause of death in many tropical and subtropical regions. The Panamerican Health Organization has released a dengue…

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Barclays Capital Reiterates “Overweight” Rating for Royal Caribbean Cruises (RCL)

By Trevor Kearing Daily Political Barclays Capital reaffirmed their overweight rating on shares of Royal Caribbean Cruises (NYSE: RCL) in a report issued on Monday, AnalystRatingsNetwork.com reports. They currently have a $40.00 target price on the stock. Royal Caribbean Cruises…

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Cayman Islands: Higgs & Johnson successful in RAPAA Application

by Heather L. Thompson, Higgs & Johnson, Cayman Islands In 2012, Higgs & Johnson advised you of the introduction of the Rule Against Perpetuities (Abolition) Act, 2011 (the “RAPAA”) which governs dispositions in trusts (whether created before or after the…

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Police seize $800M worth of drugs in Caribbean crackdown

By David McFadden Posted by WDEF News 12 KINGSTON, Jamaica (AP) — The international police agency Interpol has led an operation in the Caribbean and Central America that seized roughly $822 million worth of cocaine and other drugs and led…

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CIAA has a facelift

The Cayman Islands Airports Authority (CIAA) board of directors has had a facelift. Former Cayman Islands Fire Service chief, Kirkland Nixon, will be the new chairman of the CIAA board. Mr. Nixon was a previous member of both the airports…

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Fitch affirms Vale S.A.’s Credit Ratings at ‘BBB+’

CHICAGO–(BUSINESS WIRE)–July 02, 2013– Fitch Ratings has affirmed Vale S.A.’s (Vale) ratings as follows: –Foreign currency (FC) and local currency (LC) Issuer Default Rating (IDR) at ‘BBB+’; –Unsecured debt at ‘BBB+’; –National Scale Rating at ‘AAA (bra)’; –Unsecured Brazilian real…

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The Caribbean Island of Aruba to run solely on sustainable energy by 2020

The island’s constant supply of sun, eastern trade winds and ocean currents allow for research and field-testing of renewable energy technologies. ORANJESTAD, Aruba, June 25, 2013 — The 70 square-mile island of Aruba is on track to becoming the world’s…

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34th Annual Caribbean (CARICOM) Heads Of Government Meeting Opens July 3rd

PORT OF SPAIN, Trinidad – Chairman of the Conference of Heads of Government of the Caribbean Community (CARICOM), the Hon. Kamla Persad-Bissessar, Prime Minister of Trinidad and Tobago, will preside over the Thirty-Fourth Meeting of Heads of Government which opens…

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YMCA Swims into Cayman

Dozens of children and teenagers are swimming, playing football and having fun this summer, thanks to a special collaboration between the newly-formed Young Men’s Christian Association (YMCA) (Cayman chapter) and the Sports Office. The first group of children braved the…

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Overnight trips took abuse by priests beyond Milwaukee

By: Robin Washington, Duluth News Tribune Child sexual abuse by priests described in documents released this week by the Archdiocese of Milwaukee wasn’t limited to southeastern Wisconsin. Rather, the incidents occurred from Chicago to California to the Caribbean — and…