What will be the impact of the FIFA scandal on Caribbean correspondent banking?
BY DAVID JESSOP — A few days ago the London Financial Times carried an interesting commentary on the growing problem that financial institutions in smaller nations such as those in the Caribbean are...
View ArticleCaribbean states urged to object to EU tax-haven blacklisting
BRIDGETOWN, Barbados, June 19, 2015 (AMG) — Doubts have been cast over the methodology and motives behind the naming of fourteen Caribbean countries among a list of thirty territories blacklisted by...
View ArticleMembers of Congress call for more transparency in US aid to Haiti
Washington, D.C., July 20, 2015 (AMG) — Following a number of high-profile exposés of mismanagement of aid money to Haiti — most recently ProPublica’s sensational report on the American Red Cross —...
View ArticleExxon’s Guyana oil find could be worth $40 billion
GEORGETOWN, Guyana, July 21, 2015 (AMG) — With Exxon Mobil still tight-lipped on the value of its oil and natural gas discovery off the coast of Guyana, a Minister of Government there has revealed that...
View ArticleBaha Mar: Too big to fail for The Bahamas
HARDLY A DAY passes without a new twist in the increasingly tense and acrimonious legal battle over the unfinished US$3.5 billion Baha Mar resort on New Providence in the Bahamas. Not only do the...
View ArticleLiberty Global plans Cable & Wireless Communications takeover
LONDON—Just months after its acquisition of Columbus International, Cable & Wireless Communications (CWC) is now entertaining a takeover bid from European telecoms giant, Liberty Global. According...
View ArticleWhat a new democratic challenge to Chavismo means for PetroCaribe
Over the last few years, Venezuela has through its PetroCaribe oil and development facility provided an economic lifeline for most Caribbean Basin economies; extending support in a manner that no other...
View ArticleHow compliance regulations are hurting the Caribbean’s indigenous banks
IMAGINE THIS. You, a partner or family member is working overseas. You have been sending money home to support an aging relative or to make a regular payment on a mortgage. You go to the Caribbean...
View ArticlePromoting authenticity in Caribbean tourism
AFTER YEARS of idling in the doldrums, visitor arrivals to some parts of the region are increasing rapidly, travelers are spending more, and the yield for hoteliers is improving. Moreover, as demand...
View ArticleWould the real tax havens please stand up?
“TANTAMOUNT TO ECONOMIC BLOCKADE.” That’s how Antigua and Barbuda’s Prime Minister, Gaston Browne, described the current withdrawal from Caribbean indigenous and offshore banks of correspondent...
View ArticleWhat will be the impact of the FIFA scandal on Caribbean correspondent banking?
BY DAVID JESSOP — A few days ago the London Financial Times carried an interesting commentary on the growing problem that financial institutions in smaller nations such as those in the Caribbean are...
View ArticleCaribbean states urged to object to EU tax-haven blacklisting
BRIDGETOWN, Barbados, June 19, 2015 (AMG) — Doubts have been cast over the methodology and motives behind the naming of fourteen Caribbean countries among a list of thirty territories blacklisted by...
View ArticleMembers of Congress call for more transparency in US aid to Haiti
Washington, D.C., July 20, 2015 (AMG) — Following a number of high-profile exposés of mismanagement of aid money to Haiti — most recently ProPublica’s sensational report on the American Red Cross —...
View ArticleExxon’s Guyana oil find could be worth $40 billion
GEORGETOWN, Guyana, July 21, 2015 (AMG) — With Exxon Mobil still tight-lipped on the value of its oil and natural gas discovery off the coast of Guyana, a Minister of Government there has revealed that...
View ArticleBaha Mar: Too big to fail for The Bahamas
HARDLY A DAY passes without a new twist in the increasingly tense and acrimonious legal battle over the unfinished US$3.5 billion Baha Mar resort on New Providence in the Bahamas. Not only do the...
View ArticleLiberty Global plans Cable & Wireless Communications takeover
LONDON—Just months after its acquisition of Columbus International, Cable & Wireless Communications (CWC) is now entertaining a takeover bid from European telecoms giant, Liberty Global. According...
View ArticleWhat a new democratic challenge to Chavismo means for PetroCaribe
Over the last few years, Venezuela has through its PetroCaribe oil and development facility provided an economic lifeline for most Caribbean Basin economies; extending support in a manner that no other...
View ArticleHow compliance regulations are hurting the Caribbean’s indigenous banks
IMAGINE THIS. You, a partner or family member is working overseas. You have been sending money home to support an aging relative or to make a regular payment on a mortgage. You go to the Caribbean...
View ArticlePromoting authenticity in Caribbean tourism
AFTER YEARS of idling in the doldrums, visitor arrivals to some parts of the region are increasing rapidly, travelers are spending more, and the yield for hoteliers is improving. Moreover, as demand...
View ArticleWould the real tax havens please stand up?
“TANTAMOUNT TO ECONOMIC BLOCKADE.” That’s how Antigua and Barbuda’s Prime Minister, Gaston Browne, described the current withdrawal from Caribbean indigenous and offshore banks of correspondent...
View Article