Recently added articles from Caribbean Update:
Ike triggers insurance pool.(THE REGION)(Hurricane Ike)(Brief article)
Oct 01, 2008 ... The Turks & Caicos Islands will receive payments from a regional insurance pool for destruction caused by Hurricane Ike, but Haiti will not because it was only hit by the storm's outer reaches, said fund supervisor Simon Young, reports AP (Sept. 10, 2008): The Caribbean ...
Hotels face challenges.(THE REGION)
Oct 01, 2008 ... PKF Hospitality Research, an affiliate of PKF Consulting, on Aug. 22 announced the release of its 2008 edition of Caribbean Trends in the Hotel Industry. The report finds that the Caribbean hotel industry faces some strong challenges going forward: After a soft 2006, most ...
Venezuela rivals US in region.(THE REGION)
Oct 01, 2008 ... Venezuela's President Hugo Chavez has won over some of the United States' closest allies in the Caribbean and Central America with oil credits and aid that match similar efforts by Washington, reports Reuters (Sept. 2, 2008): Hundreds of millions of dollars in food aid and ...
Cable & wireless to invest US$400 million.(THE REGION)(Brief article)
Oct 01, 2008 ... Richard Dodd, CEO of Cable &Wireless (Caribbean), said the firm will invest over US$400 million in telecommunications development in the region over the next three years, reports Caribbean Net News (Aug. 18, 2008). Dodd acknowledged that C&W had not always met ...
Underwater cable.(THE REGION)(Brief article)
Oct 01, 2008 ... Colombia plans to supply electricity to the Dominican Republic and Puerto Rico with a more than 1,000 kilometers-long underwater cable, at cost of about US$4 or US$5 billion, said president Alvaro Uribe, it was reported on Aug. 16. If the project materializes it ...
Fixing fragile states.(THE REGION)(Brief article)
Oct 01, 2008 ... In this provocative new book, author Seth D. Kaplan dissects the reasons why some states prosper and others sink into poverty and violence, and offers "a new paradigm for development." The book covers seven "deeply dysfunctional" places. Only one, Bolivia, is in the ...
New cruiseship tour.(THE REGION)
Oct 01, 2008 ... Sweet, a new lesbian travel company, on Aug. 27 said it has agreed with Norwegian Cruise Line to charter the 1,972-passenger Norwegian Spirit. The Sweet Caribbean Cruise, Nov. 8-15, 2009, is the company's first travel offering, offering guests a pre-departure package in New ...
Carib aviation suspends flights.(THE REGION)(Brief article)
Oct 01, 2008 ... Antigua-based Carib Aviation on Sept. 11 announced the suspension of flight operations on the Sept. 30. Company chairman Bruce Kaufman said Carib had received seven resignations from pilots within the last few days. This group comprises four Twin Otter ...
Fee for checked bag.(THE REGION)
Oct 01, 2008 ... Continental Airlines Inc said it will charge a US$15 service fee for a first checked bag for certain customers who buy economy-class tickets, reports Reuters (Sept. 8, 2008). The fee applied immediately to tickets bought for destinations in the US and to flights between the US and Puerto ...
Website squabble.(ANGUILLA)
Oct 01, 2008 ... Mygazines.com, registered in Anguilla, has attracted the attention of US-based Time Warner, which says it is looking into ways to get the site shut down, reports Caribbean Net News (Aug. 19, 2008). Users of the website can upload and share digital copies of magazines, while others can ...
Morton salt to rebuild plant.(BAHAMAS)
Oct 01, 2008 ... Damage from Hurricane Ike has forced a Morton Salt factory to halt operations on Great Inagua island here, where it employs more than half the working population, but the company said it plans to rebuild, reports AP (Sept. 11, 2008): The Category-4 hurricane ravaged the ...
Brazilian ethanol plant.(BARBADOS)
Oct 01, 2008 ... Brazil is partnering with a local businessman in a proposed US$36 million ethanol plant at the Bulk Terminal Facility near the Spring Garden Highway, reports AP (Aug. 20, 2008). Etanol de Costa Rica SA says the plant would produce 132 million gallons (500 million liters) of ethanol a year, ...
Consultants.(BARBADOS)
Oct 01, 2008 ... A US$450,000 Technical Cooperation from the Inter-American Development Bank is for a Program to Implement the External Pillar of the Medium-Term Action Plan for Development Effectiveness (PRODEV-Barbados) (No. ATN/OC10569-BA; Project ID No. BA-T1003). Part of the funds are for consulting ...
Island to be developed.(BRITISH VIRGIN I.)
Oct 01, 2008 ... Anegada, the fourth populated island in the British Virgin Islands, is to be divided into three communities, comprising town centers, resort lots, and industrial areas and residential lots, said Louis Potter, Chief Planner in the Town & Country Dept, reports Caribbean Net News (Sept. 4, ...
Diesel fuel contract renewed.(BRITISH VIRGIN I.)
Oct 01, 2008 ... Delta Petroleum Caribbean Ltd. will continue to supply the British Virgin Islands Electricity Corp. with diesel fuel for another two years, reports The Virgin Islands Daily News (Sept. 11, 2008).. Delta has signed an agreement with BVIEC to provide the electricity company with 24 million ...
Catastrophe deferred option.(COSTA RICA)
Oct 01, 2008 ... Costa Rica is seeking US$65 million from the World Bank for a Catastrophe Deferred Drawdown Option. The objective is to protect Costa Rica's budget balance by making liquidity immediately available in the event of a natural disaster to ...
Severe hurricane damage.(CUBA)
Oct 01, 2008 ... Cuba counted up billions of dollars in damage to buildings and infrastructure after Hurricane Ike ripped across the island, damaging an economy already strained by Hurricane Gustav and the soaring cost of imports, reports Reuters (Sept. 11, 2008): The central bank had already ...
Cuba seeks us materials.(CUBA)(Brief article)
Oct 01, 2008 ... Cuba has turned down US storm relief handouts, but is asking for trade restrictions to be lifted so it can buy American materials to assist in its recovery from Hurricane Ike, reports AP (Sept. 10, 2008). "Cuba hasn't asked the United States government to give it anything," the Foreign ...
Russian hurricane aid.(CUBA)
Oct 01, 2008 ... State-run media highlighted the arrival of Russian aid in the wake of devastating Hurricane Gustav, the latest sign the former Cold War allies are out to strengthen their relations, reports Reuters (Sept. 5, 2008). State-run TV showed two huge cargo planes arriving at Havana's Jose Marti ...
Sugar cane damage.(CUBA)(Brief article)
Oct 01, 2008 ... Hurricane Ike flattened 156,000 hectares of sugar cane and flooded more when it churned along the island, reports Reuters (Sept. 13, 2008). Cuba harvested 330,000 hectares of cane during the 2008 harvest, producing almost 1.5 million tons of raw sugar. There are 700,000 ...