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Day: August 18, 2016

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IEEFA: Puerto Rico’s proposed electricity turnaround banks largely on hope


From Caribbean Business SAN JUAN – A report by the Institute for Energy Economics and Financial Analysis (IEEFA) says the Puerto Rico Electric Power Authority’s (Prepa) rate increases are unsustainable and that in all likelihood will further damage the commonwealth’s…

Chinese company buys island in Australia’s Great Barrier Reef

From Wn.com The Shanghai-based China Capital Investment Group has bought an island at the heart of the Great Barrier Reef in Queensland, Australia, for about A$25 million ($19.21 million), China Daily reports. The South Molle island in Whitsundays had been…

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Cayman Islands: Zika virus update: Third locally transmitted case

Acting Medical Officer of Health, Dr. Samuel Williams-Rodriguez, has made public the latest information on the transmission of the Zika virus within the Cayman Islands. “Since the last update of Tuesday, 9 August 2016, eight additional results have been received…

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Panamanian, Caribbean-Roots athletes look to chase down Usain Bolt In 200-M Finals

From NAN News Americas, RIO, Brazil, Thurs. Aug. 18, 2016: There was no doubt in any one’s mind that seven time Olympian and triple 100-m champ Usain Bolt would advance to the finals of the men’s 200-m. After all, he…