FIONA STRENGTHENS INTO CATEGORY 4 HURRICANE; ON TRACK FOR BERMUDA

While the British Virgin Islands was spared of any major damages associated with the passing of Hurricane Fiona, the system has strengthened to Category 4 as of Wednesday and is barreling towards sister overseas territory Bermuda, after devastating Puerto Rico. Fiona is expected to begin affecting Bermuda later this week, bringing torrential rains and strong … Continued

CIBC FIRSTCARIBBEAN FINANCES SUSTAINABILITY LINKED DEBT CONVERSION FOR MARINE CONSERVATION ON BEHALF OF THE GOVERNMENT OF BARBADOS

CIBC FirstCaribbean and Credit Suisse as joint lead arrangers have successfully closed the recently announced USD146.5 million Government of Barbados Dual Currency Facility (USD Blue Bond /BBD Blue Loan). CIBC FirstCaribbean acted as Domestic Lead Arranger and sole Lender for the BBD146.52 million (US73.26 million Blue Loan portion of the transaction and Credit Suisse acted … Continued

JAMAICAN AUTHORITIES INVESTIGATE SUSPECTED MONKEYPOX DEATH

Authorities in Jamaica are investigating what is suspected to be CARICOM’s first monkeypox related death to be recorded. Jamaica’s Ministry of Health and Wellness revealed earlier this week that it had launched a probe following the death of a local monkeypox patient. The news broke during the country’s routine monkeypox update, which was relative to … Continued

HIGH MIGRATION RATES MAKE THE BVI WELL POISED TO FURTHER GLOBAL AND REGIONAL AGENDA – SAYS PREMIER

We are more alike than we are different. Those were the sentiments shared by Premier Dr. the Honourable Natalio Wheatley as he addressed the AfriCarribean Forum on the issue of culture. “When we meet each other, we learn things about each other because really we realise that we’re the same people”, he said. Using the … Continued

USVI TO HOST N.O.B.E.L. WOMEN CONFERENCE IN 2023

The U.S. Virgin Islands will host the National Organization of Black Elected Legislative (N.O.B.E.L.) Women in July 2023 on St. Thomas, the Office of Senate President Donna Frett-Gregory made known Wednesday. The announcement represents a major opportunity for the territory on various levels, including exposure to major economic players who sponsor the event, while providing … Continued

OECS DIRECTOR GENERAL URGES INSTITUTIONAL STRENGTHENING AT CELAC

During a presentation to the 2022 International Seminar of the Community of Latin American and Caribbean States (CELAC), Director General of the Organisation of Eastern Caribbean States Dr. Didacus Jules called for greater institutional strengthening of the agency. Dr. Jules, who spoke under the Seminar’s theme ‘Latin America and the Caribbean, the future of integration’, … Continued