August, 2009

More money for Haiti to boost revenues

The IDB has approved a US$25 million policy-based grant to support the government’s reforms to increase tax and customs revenues, improve the efficiency of public spending and strengthen the management of public debt.

‘Blood Oath’ sealed Stanford deal, court Is told

New York Times, USA: R. Allen Stanford’s relationship with the chief regulator of his Antigua bank was closer than most. At a meeting in 2003, they became blood brothers, cutting their wrists and mixing their blood in a “brotherhood ceremony” that Mr. Stanford’s chief financial officer said promoted an elaborate scheme to hide a multibillion-dollar fraud from American and other regulators, The New York Times’s Clifford Krauss writes.

$150 000 to bring baby home

Nation News, Barbados: Seven weeks after giving birth, the 23-year-old first-time mother cannot take her baby boy Ashcher Micah Bynoe-Chewitt out of the Queen Elizabeth Hospital (QEH) because he was born with a heart defect.

Paradise in Belize turns sour for Ashcroft

The Independent, UK: In an extraordinary attack, the Prime Minister of Belize accused Lord Ashcroft of being “predatory” and implied that he had subjected the former colony to “new age slavery”.

Security fears, large ships dampen Caribbean tourism

United Press International, USA: Fears of abduction, muggings and unfamiliar surroundings are keeping larger numbers of tourists confined to the ever larger cruise ships that bring them to the Caribbean waters for its marine life, sun and blue skies.

St. Kitts cruise visits increase

Caribbean News Digital, USA: St. Kitts had 244,782 cruise visitors in the first half of the year, a 10 percent increase, according to the St. Christopher Air and Sea Ports Authority.