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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...

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Caribbean 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...

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Members 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 —...

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Exxon’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...

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Baha 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...

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Liberty 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...

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What 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...

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How 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...

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Promoting 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...

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Would 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

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 Article

Caribbean 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 Article

Members 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 Article


Exxon’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 Article

Baha 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 Article


Liberty 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 Article

What 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 Article


How 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 Article

Image may be NSFW.
Clik here to view.

Promoting 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 Article

Would 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
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