CARIBBEAN GOVERNMENTS INCREASE INSURANCE TO COVER $1.2BN DISASTER GAP!

By: Kimberly Ramkhalawan kramkhalawan@caribmagplus.com August 5, 2022 Some US$1.2bn in catastrophe insurance has been purchased by Caribbean nations against climate and seismic related disasters, representing an increase of 10 percent…

NCB FINANCIAL REPORTS $18.6BN NET PROFIT OVER LAST NINE MONTHS

By: Kimberly Ramkhalawan kramkhalawan@caribmagplus.com August 5, 2022 NCB Financial Group is reporting an unaudited consolidated net profit of $25.9bn for the nine months ended June 30th, representing a $12bn increase…

OECS and CARPHA TEAM UP FOR REGIONAL MEDICINE QUALITY CONTROL

By: Kimberly Ramkhalawan kramkhalawan@caribmagplus.com August 5, 2022 In the latest move to ensure the Caribbean is ready to embark on manufacturing medicines across the region to the highest standards, the…

Strong mag. 5.4 earthquake – Caribbean Sea.

August 5, 2022 Moderate earthquake of magnitude 4.9 just reported 89 km northwest of La Ceiba, Honduras A magnitude 4.9 earthquake near La Ceiba, Departamento de Atlantida, Honduras, was reported…

Record Amount of Seaweed Choking Caribbean Shores

August 5, 2022 Near-record amounts of seaweed are smothering Caribbean coasts from Puerto Rico to Barbados, killing fish and other wildlife, choking tourism and releasing stinky, noxious gases. More than…

UN REPORTS GROSS HUMAN RIGHTS ABUSES IN NORTHWEST PORT-AU-PRINCE

August 5, 2022 TheUnited Nations Integrated Office in Haiti(BINUH) issued today a report on the deadly wave of violence that broke out between 24 April and 16 May 2022, in…

Signing of three grant agreements between the Government of Haiti and the World Bank

August 5, 2022 The Haitian Government, represented by the Minister of Economy and Finance, Michel Patrick Boisvert, and the Chief of Operations of the World Bank in Haiti, Laurent Msellati,…

Professor Sir Hilary Beckles Elected To The Council Of The Association Of Commonwealth Universities

August 5, 2022 Vice-Chancellor of The University of the West Indies (The UWI), Professor Sir Hilary Beckles, has been elected by his peers across the international academic community to serve…

Barbados to Promote Environmental Sustainability with Innovative IDB Solution

August 5, 2022 Barbados will promote environmental sustainability and economic development with a US$100 million guarantee approved by the Inter-American Development Bank (IDB) that will allow the country to create a long-term instrument…

CARICOM Secretariat Welcomes African Royal Delegation

August 5, 2022 A symbolic reconnection between Africa and the Caribbean diaspora occurred at the CARICOM Secretariat when Deputy Secretary-General, Dr Armstrong Alexis, welcomed a Royal Delegation from South Africa,…

Barbados And Afreximbank Announce First-Ever Africa-Caribbean Trade And Investment Forum

August 5, 2022 The Government of Barbados and the African Export-Import Bank (Afreximbank) have announced the first-ever Africa-Caribbean Trade and Investment Forum (ACTIF2022), scheduled to take place in Bridgetown, Barbados, from August 31…

After Surviving the Pandemic, Companies in Latin America, Caribbean Need Help – Report

August 5, 2022 Companies throughout Latin America and the Caribbean survived the pandemic by cutting back on investment, which reduced capital levels and now threatens to slow economic growth in…