Research confirms censorship of news platforms, currency websites in Venezuela
From Caribbean News Now CARACAS, Venezuela — A recent study conducted by the Institute for Press and Society (IPYS) in Venezuela has confirmed that at least 43 different websites are being blocked in the country, shedding new light on the…
ECCB prepares for the possible demise of PetroCaribe
From Antigua Observer A senior economist at the Eastern Caribbean Central Bank (ECCB) has confirmed that the bank has completed a report that would address any possible fallout for members of the Eastern Caribbean Currency Union (ECCU) in the event…
US energy summit sets out alternatives to PetroCaribe
From The Caribbean Council A US-Caribbean-Central American Energy Summit held in Washington has set out an extensive programme of US and multilateral support aimed at diversifying the Caribbean’s energy sources. The gradual lessening of the region’s use of hydrocarbons is…
The View from Europe: Another blow for Venezuela
By David Jessop From Caribbean News Now Last week in Doha, many of the world’s major producers of crude oil tried, but failed to agree to freeze production, in order to stabilise and eventually increase prices. It was an outcome…
Panama law firm worked for Venezuelan agent incarcerated in US prison
By Kenneth Rijock From Caribbean News Now MIAMI, USA — The lengthy press releases published by Panama law firm Mossack and Fonseca at the centre of the massive Panama Papers data leak, claiming that its customer identification procedure and compliance…
Don’t call for me, Venezuela
From Caribbean News Now CARACAS, Venezuela — Venezuela’s two main cellular phone service providers are suspending international calling as the country’s economic situation worsens. cell-phone-ban.jpg Movistar, a subsidiary of the Spain-based Telefonica, and Digitel both announced last week that they…
Peter Binose: “No” I will wait for the next bus, go feed the babies
By Peter Binose Are we led in Saint Vincent and the Grenadines by a Scrounging Monster? Ralph Gonsalves is more than happy to take money from PetroCaribe whilst Venezuelans are in the throes of starvation and with little or no…
US names fourteen major money laundering countries in the region in latest report
From Caribbean News Now WASHINGTON, USA — Fourteen nations in the wider Caribbean have been named by the US as “major money laundering” countries in the 2016 International Narcotics Control Strategy Report (INCSR) released by the US State Department on Wednesday….
Tidewater Award
By Reuters From gCaptain World Bank Tribunal partially lifts suspension on Tidewater Award in Venezuela case CARACAS, March 1 (Reuters) – A World Bank tribunal partially lifted a stay of enforcement on a compensation claim payable by Venezuela to oil…
Venezuela president raises fuel price by 6,000% and devalues bolivar to tackle crisis
By Sibylla Brodzinsky in Bogota From The Guardian UK Nicolás Maduro uses decree powers to raise fuel prices for first time in 20 years and devalues currency in bid to boost nation’s coffers Venezuela’s president, Nicolás Maduro, has announced the first…