Why plunging oil prices should worry Caribbean governments
By David Jessop From Antillean Media Group Effects on the Venezuelan economy, and its ability to sustain the PetroCaribe agreement with Caribbean countries, is now a major economic worry On the face of it, the collapse in global oil prices…
The view from Europe: New uncertainty for region as Saudis let oil price fall
By David Jessop From Barbados Advocate Two days before Christmas, the Saudi Oil Minister, Ali al-Nami, made a statement that is likely to change geo-politics and the face of the world economy in 2015. Speaking to The Middle East Economic…
NOTICE: Postponement of Cayman Premier League Match/Rugby bronze to T&T after whipping Cayman Islands
Postponement of Cayman Premier League Match #P40 – Bodden Town F.C. v Elite SC – Sunday 30 November 2014 Inbox Please be advised that CIFA has accepted a postponement request from Bodden Town Football Club for the postponement of the…
Venezuela the only country where inflation lashes the poor the most
From Suhelis Tejero Puntes | El Universal Eclac: Real average wage down 6.4% since 2005 Based on the records of the National Statistics Institute of Venezuela (INE), households pay 44.7% more on food with respect to last year (Reuters) Fairer…
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Falling oil prices, PetroCaribe and the Caribbean
By David Jessop, From Dominican Today On the face of it, the collapse in global oil prices would seem to be good news for the Caribbean. However, nothing could be further from the truth. Instead the rapid downward price movement…
Oil prices fall sharply: Will poor populations benefit?
By Sir Ronald Sanders From Caribbean360 BRIDGETOWN, Barbados, Thursday October 16, 2014 – To anyone living in a developing country that is not an oil-producer, the present drop in the price of oil is very welcome. Ever since the world’s…
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Investment Club reincorporates to Cayman Islands By Chief Amherst Correspondent From Amherst Muck-Rake Amherst, MA — Amherst College’s investment club recently announced that it had completed the steps necessary to undergo a corporate inversion, reincorporating itself offshore to the Cayman…
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Cayman Islands Special Olympics star murder case adjourned The trial of Jose Guadelupe Sanchez (27) for the murder and possession of an unlicensed firearm of Solomon Webster (24) was adjourned for 5 weeks at the request of his counsel. Sanchez…
US: ‘Threats’ behind release of Venezuela general
From Caribbean Business CARACAS, Venezuela — (AP) U.S. officials said Monday they believe Venezuela used “threats” against Aruba to pressure it to release a powerful former general who is wanted by the United States for alleged drug trafficking. “We are…
US should be ready if Petro Caribe tightens credit terms, study says
By Nick Snow OGJ Washington Editor from Oil & Gas Journal The possibility that Venezuela’s financial support for energy imports in the region could erode quickly makes it imperative for the Obama administration to adopt a wide range of policies…
