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Day: May 1, 2014

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CFATF warns of harsh consequences if Guyana fails to pass anti-money laundering legislation

From Caribbean360 GEORGETOWN, Guyana, CMC – The Caribbean Financial Action Task Force (CFATF) has warned of harsh consequences should Guyana fail to pass anti-money laundering legislation before a May 29 conference. The task force addressed the matter during a meeting…

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CARICOM Secretary- General opens 3rd CRICOM-Mexico Summit

Remarks from the Secretary-General Caribbean Community (CARICOM) Ambassador Irwin LaRocque at the Opening ceremony of the third CARICOM-Mexico Summit Merida, Yucatan, Mexico 29 April 2014 It is my pleasure to address the Opening Ceremony of this the Third Summit between…

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Taubman closes on $320M loan for Mall of San Juan

By Kevin Mead From Caribbean Business Taubman Realty Group has closed on a $320 million loan from U.S. Bank to finance the development of The Mall of San Juan, a 650,000-square-foot shopping and entertainment complex being built in the Puerto…

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ESPN to distribute 2016 Summer Olympics

The International Olympic Committee Awards Broadcast Rights To The 2016 Summer Olympics In The Caribbean To Canoc Broadcasting Inc. (CBI) ESPN named official television producer and distributor of RIO 2016 in the West Indies The International Olympic Committee (IOC) has…

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Montana Supreme Court overturns one-month sentence in rape case

By Ann-Marie Alcántara From Mashable The Montana Supreme Court ruled Wednesday that Stacey Dean Rambold must be re-sentenced by a new judge in the case of raping a 14-year-old. The former high school teacher was convicted of one count of…

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Cartoon of the Day

By Tony Zuvela, Cartoonist “It’s my own little World which I can escape to everyday and create a fun, weird, berserk Cartoon to whatever subject I like. I enjoy doing all the work myself, and all the aspects of Cartooning,…

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11 Wonderful life lessons from Bob Hoskins

From Business Insider While British actor Bob Hoskins, who died today after a battle with pneumonia at age 71, is best known to fans for his roles in Who Framed Roger Rabbit, Mona Lisa and other films and TV shows,…

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‘We’re devastated over tragic death’

By Emma Glanfield and Chris Pleasance From Daily Mail UK Parents of British hotelier murdered in St Lucia tell of heartache as they plan UK and Caribbean memorials Burnt-out Range Rover found on remote pathway in St Lucia on Friday…

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Fitch affirms Seagate’s IDR at ‘BBB-‘; Outlook Stable

NEW YORK, May 01, 2014 (BUSINESS WIRE) — Fitch Ratings has affirmed the ratings on Seagate Technology plc (Seagate) and its subsidiary, Seagate HDD Cayman, at ‘BBB-‘, including the long-term Issuer Default Ratings (IDRs). The Rating Outlook is Stable. A…

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We may soon use lasers to redirect lightning strikes

By Andy Bowen From Engadget If there’s one thing you should know about Engadget, it’s that we absolutely love lasers. And thanks to the University of Arizona and University of Central Florida, our favorite pulsating form of light might soon…