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Day: October 11, 2016

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De-risking blamed on overzealous regulations

By Ken Richards From winnfm St Kitts and Nevis (WINN): Overzealous regulations are what’s fueling the loss of correspondent banking relations in the Caribbean and elsewhere, according to Foreign Affairs Minister Mark Brantley. The matter received some traction when Central…

Caribbean News Editors Choice iBusiness iLocal News iWorld News News

Jamaica to represent Caribbean in working group for procurement reform

From Caribbean Development Bank Jamaica will represent the Caribbean in a stakeholders’ working group to revise the Methodology for Assessing Procurement Systems (MAPS). Originally launched in 2004, MAPS is used by countries around the world to analyse the quality and…

Gadget of the week

Wireless glove adds touch to VR video games By Matt Brian From engadget While Oculus, Valve, Samsung and HTC are all looking to captialize on the resurgence of VR, their solutions all focus on what we can see and hear….

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CARICOM Secretariat streamlining IT infrastructure with Indian Government support

From CARICOM The CARICOM Secretariat will be getting an upgrade of its IT infrastructure and associated software through a project funded by the Government of India. The project moved a step forward this week with a visit by an IT…

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Japanese tax investigation ends with Apple paying $118 million

By Chris Velazco From engadget After an in-depth investigation, one of Apple’s Japanese subsidiaries paid ¥12 billion ($118 million) in back taxes, according to a report from the Yomiuri Shimbun. Japanese tax authorities ordered the payment after determining the company…

CI Governor pinned in Poppy Appeal

The annual Poppy Appeal kicked off this morning (Monday, 10 October) when Her Excellency the Governor Helen Kilpatrick met with members of the Cayman Islands Veterans Association. The Governor was pinned with the appeal’s first poppy by former United States…

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Meet The Catholic Church’s New Cardinals From The Americas

From NAN News Americas, LONDON, England, Tues. Oct. 111, 2016: On Sunday, Sept. 9th, Pope Francis announced he will appoint 17 new cardinals of the Catholic Church this November – including three from Americas. They include: Archbishop Sergio da Rocha…

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Viva Cuba! Russian military eyes return to Caribbean

  From The Moscow Times Russian military forces may be returning to Cuba, just under 150 kilometers from U.S. borders, a leading government official has said. Deputy Defense Minister Nikolai Pankov told members of the State Duma that his ministry…

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Hurricane Matthew toll in Haiti rises to 1,000, dead buried in mass graves

By Joseph Guyler Delva | PORT-AU-PRINCE From Reuters Haiti started burying some of its dead in mass graves in the wake of Hurricane Matthew, a government official said on Sunday, as cholera spread in the devastated southwest and the death…

Matthew’s destruction Haiti

In pictures: Hurricane Matthew causes destruction in Haiti From BBC Haiti is still counting the dead and assessing the damage caused by Hurricane Matthew, the most powerful Caribbean storm in a decade. Reuters Haiti is still counting the dead and…