作者: admin

  • Antigua Seeks Structured Repayment of Outstanding US$60M CLICO Debt from Trinidad and Tobago

    Antigua Seeks Structured Repayment of Outstanding US$60M CLICO Debt from Trinidad and Tobago

    The Government of Antigua and Barbuda has formally initiated high-level negotiations with the Republic of Trinidad and Tobago regarding the structured repayment of a longstanding financial debt. The outstanding sum, totaling approximately US$60 million, originates from the collapse of the Colonial Life Insurance Company (CLICO), a major regional insurer headquartered in Trinidad.

    This financial obligation has been a persistent point of diplomatic and economic discussion between the two Caribbean Community (CARICOM) member states for over a decade. Prime Minister Gaston Browne’s administration is now advocating for a clear, mutually agreeable repayment schedule to resolve the issue, which has significantly impacted thousands of Antiguan policyholders and investors who suffered losses following CLICO’s 2009 financial collapse.

    The resolution of this debt is viewed as critical not only for providing restitution to affected citizens but also for strengthening bilateral relations and fostering greater financial stability within the Eastern Caribbean Currency Union (ECCU). The Antiguan government emphasizes that a structured settlement would demonstrate regional solidarity and a commitment to honoring financial commitments, thereby setting a positive precedent for inter-governmental debt management in the Caribbean.

  • Poll Shows Strong Opposition to La Ruta Maya Finish Line Change

    Poll Shows Strong Opposition to La Ruta Maya Finish Line Change

    A recent informal online survey conducted by News Five has revealed substantial public resistance to the controversial decision to alter the finish line location for the iconic La Ruta Maya Belize River Challenge. The proposed change would move the traditional endpoint from the BelCan Bridge to the Grand Resort near Haulover Bridge in Belize City.

    The poll, which garnered nearly 1,000 responses, demonstrated overwhelming opposition with 92% of participants rejecting the relocation plan. Only 5% expressed support for the change, while 3% remained undecided or requested additional information.

    Public commentary revealed deep-seated emotional attachment to the event’s historical traditions. Many respondents emphasized the race’s cultural significance, connecting it to Belize’s heritage and the legacy of Baron Bliss Day on March 9th. Safety considerations emerged as another critical concern, with multiple commenters highlighting potentially hazardous water conditions near the proposed Grand Resort finish line.

    Additional objections centered on accessibility issues, particularly the possibility that spectators might face entrance fees to view the race conclusion at the private resort venue. Many participants questioned whether current paddlers had been adequately consulted about the proposed changes, noting that while adaptations might be necessary, they should respect the event’s original vision and public character.

    The overwhelming consensus among respondents advocated for preserving the race’s historical route, reflecting a broader community commitment to maintaining cultural traditions against commercial influences.

  • Saint Lucia braces for Saharan dust plume

    Saint Lucia braces for Saharan dust plume

    Saint Lucia braces for a significant meteorological event as a dense plume of Saharan dust traverses the Atlantic Ocean, forecast to envelop the island in the coming days. While this atmospheric phenomenon promises to create visually striking sunsets against hazy skies, it simultaneously raises substantial public health concerns that have prompted immediate governmental response.

    The Ministry of Health has escalated its advisory status, urging all residents to implement comprehensive protective measures as dust concentrations approach concerning levels. Health officials specifically recommend minimizing outdoor activities, utilizing protective face masks when ventilation is unavoidable, and maintaining adequate hydration to mitigate physiological stress.

    Medical authorities emphasize that the fine particulate matter carried by these dust clouds poses particular risks to respiratory health. The microscopic particles can penetrate deep into lung tissue, potentially exacerbating chronic conditions and triggering acute symptoms including persistent coughing, wheezing, respiratory distress, ocular irritation, and pharyngeal discomfort.

    Vulnerable demographics—including pediatric and geriatric populations, along with individuals managing asthma or other pre-existing respiratory conditions—face elevated risk profiles. Healthcare providers encourage symptomatic individuals to seek prompt medical consultation rather than awaiting spontaneous resolution.

    This annual phenomenon originates from the Sahara Desert, Earth’s largest hot desert spanning North Africa. During late spring and summer months, intensified surface winds mobilize enormous quantities of mineral dust and sand particles into atmospheric currents. These aerosols embark on transatlantic journeys spanning thousands of miles, propelled by consistent trade winds that carry them across the ocean basin to Caribbean territories.

    Government agencies advise continuous monitoring of official air quality bulletins and adherence to all recommended precautions until atmospheric conditions stabilize and particulate concentrations return to acceptable levels.

  • It’s Final: La Ruta Maya Finish Line Moved to Grand Resort

    It’s Final: La Ruta Maya Finish Line Moved to Grand Resort

    In a definitive move prioritizing participant security and operational efficiency, the organizing committee of the La Ruta Maya Belize River Challenge has officially ratified the relocation of the race’s concluding segment to the Grand Resort. This resolution, confirmed on February 25, 2026, marks a significant departure from the event’s traditional finish near the Belcan Bridge and Civic Centre.

    Roberto Harrison, Vice Chair of the race planning committee, elaborated on the rationale behind this strategic shift in an interview with News Five. He cited escalating logistical complexities and safety concerns associated with the original venue as the primary catalysts for the change. Harrison emphasized that managing an open area capable of attracting thousands of spectators had become progressively challenging and costly, noting that such environments are prone to unforeseen incidents.

    The newly selected venue at the Grand Resort offers a more controllable environment. Harrison highlighted the proprietors’ investments in preparing the area, ensuring a secure landing zone for the competing paddlers as the foremost priority. On-water safety protocols will be rigorously enforced by the Belize Coast Guard, which will oversee canoe traffic and monitor potentially hazardous tidal movements and undercurrents in the vicinity of the finish line.

    Addressing potential economic impacts on local vendors, Harrison confirmed that small businesses and food stalls traditionally operating at the finish line would retain permission to conduct their activities at the new location. This measure aims to preserve the event’s community atmosphere and economic benefits.

    While some paddlers expressed feelings of exclusion from the decision-making process, Harrison asserted that consultations with participating teams and sponsors were indeed conducted. He acknowledged the weight of tradition but stated that organizational success occasionally necessitates evolution and adaptation for the greater good of the event’s future.

  • 88-Year-Old Farmer Survives Attack

    88-Year-Old Farmer Survives Attack

    In a remarkable display of resilience, 88-year-old farmer Gabriel Teck survived a violent assault while working on his property in Yo Creek Village, Orange Walk District. The incident, which occurred on the morning of February 24, 2026, has resulted in one detention as police continue their investigation.

    According to official reports, the altercation erupted approximately at 9:00 a.m. when Teck was accompanied by another individual identified solely as ‘Negro Lopez.’ Investigators state that Lopez allegedly accused the elderly farmer of consuming his personal food supplies before launching a sudden attack using a farming implement.

    The severity of the assault makes Teck’s survival particularly extraordinary given his advanced age and the nature of the injuries sustained. Law enforcement officials revealed that following the stabbing, Teck demonstrated incredible presence of mind by independently extracting the farm fork from his chest. Displaying tremendous fortitude, the octogenarian then proceeded to walk toward the nearest main roadway to seek assistance.

    Emergency services transported Teck to Northern Regional Hospital where medical staff admitted him in reportedly stable condition. His current prognosis remains undisclosed as authorities continue gathering evidence regarding the circumstances surrounding the violent encounter.

    Police have confirmed one individual remains in custody as the investigation progresses, though formal charges have not yet been publicly disclosed. The case has drawn attention to rural community safety and the vulnerabilities faced by elderly agricultural workers in remote farming regions.

  • Persad-Bissessar Warns CARICOM Leaders: Stop Interfering in Each Other’s Elections

    Persad-Bissessar Warns CARICOM Leaders: Stop Interfering in Each Other’s Elections

    A significant political controversy is emerging across the Caribbean Community (CARICOM) as former Prime Minister of Trinidad and Tobago, Kamla Persad-Bissessar, has issued a stern warning to regional leaders. The opposition leader and head of the United National Congress has called for an immediate cessation of external interference in sovereign nations’ electoral processes.

    Speaking with considerable diplomatic force, Persad-Bissessar emphasized that Caribbean nations must respect each other’s political autonomy and democratic institutions. Her statements come amid growing concerns about the integrity of regional elections and the potential influence of neighboring governments on electoral outcomes.

    The veteran politician articulated that such interference not only undermines national sovereignty but also threatens the stability and unity of the entire CARICOM framework. She highlighted that the Caribbean’s historical commitment to democratic principles requires vigilant protection against both internal and external pressures that might compromise electoral fairness.

    Political analysts suggest this warning reflects broader tensions within the 15-member regional bloc, where differing political ideologies and governance approaches have occasionally created diplomatic friction. The call for non-intervention represents a critical moment for CARICOM’s foundational principle of mutual respect among member states.

    This development occurs against the backdrop of several upcoming elections throughout the Caribbean region, making Persad-Bissessar’s intervention particularly timely and consequential for regional political dynamics.

  • SSB Invests Contributors’ Funds in BEL, Projects $4M Return

    SSB Invests Contributors’ Funds in BEL, Projects $4M Return

    In a strategic financial maneuver aimed at bolstering long-term sustainability, Belize’s Social Security Board (SSB) has allocated over $6.2 million to acquire debentures from Belize Electricity Limited (BEL). The investment, characterized as a secure lending instrument rather than equity participation, is projected to yield approximately $4 million in net returns upon maturity in 2035.

    Vanessa Vellos, PR and Communications Officer for SSB, clarified the investment’s security mechanisms, noting that debentures guarantee repayment regardless of corporate performance—unlike shares which fluctuate with market conditions. “Even if a business encounters challenges, their obligation to repay debenture holders remains intact,” Vellos emphasized.

    The bonds were acquired at a discounted rate of $6.2 million against a face value exceeding $7.1 million. Upon maturation, SSB anticipates receiving the full principal amount supplemented by an estimated $3.2 million in accrued interest, culminating in a substantial financial gain for the social security fund.

    Vellos highlighted BEL’s monopolistic position in Belize’s energy sector as a key factor in the investment’s viability. “The absence of market competitors, coupled with BEL’s consistent profitability and increasing energy demand driven by national economic growth, makes this a strategically sound investment,” she explained.

    While acknowledging BEL’s recent financial headwinds, Vellos affirmed that these conditions don’t compromise the investment’s security, noting that SSB’s capital functions as a secured loan requiring mandatory repayment. Historical precedents demonstrate BEL’s consistent adherence to repayment schedules for previous ventures with SSB.

    The Board reinforced its commitment to rigorous due diligence processes, with Vellos stating: “Our investment decisions undergo exhaustive analysis to ensure optimal performance and security of contributors’ funds. The public can remain confident in our stewardship of these resources.”

  • Ontvoerde man levend en in veiligheid aangetroffen

    Ontvoerde man levend en in veiligheid aangetroffen

    In a remarkable turn of events, Steven Maito, the 41-year-old businessman violently abducted from his Zwartbontstraat residence on Thursday evening, has been located alive and in secure condition. The victim had endured hours of uncertainty after being seized by four armed and masked assailants in a meticulously planned operation.

    Police authorities have officially confirmed Maito’s safe recovery while expressing gratitude to all parties who contributed to determining his whereabouts. Investigators have maintained strict confidentiality regarding the precise circumstances of his discovery, citing the ongoing nature of the criminal investigation.

    The breakthrough in the case emerged Saturday when law enforcement located the victim’s stolen Toyota Vigo pickup truck abandoned in a remote wooded area near Zanderij. The vehicle has been impounded for comprehensive forensic analysis, with investigators describing this development as highly significant to understanding the violent abduction’s mechanics.

    According to the detailed statement provided by the victim’s wife, the traumatic incident unfolded approximately at 10:00 PM Thursday. She reported awakening to the sound of her husband’s vehicle, only to witness four masked figures dressed in black overpowering him on their property. The perpetrators were allegedly armed with handguns and potentially other heavy weaponry.

    Security footage from neighborhood cameras captured the chilling sequence of events: the assailants emerging from adjacent woodland, subduing the victim, and forcibly departing in his own vehicle toward the Santigronweg under threat of lethal force.

  • Pringle Says St. Philip’s North By-Election Is a “Change Election,” Pledges Full UPP Support for Alex

    Pringle Says St. Philip’s North By-Election Is a “Change Election,” Pledges Full UPP Support for Alex

    United Progressive Party leader Jamale Pringle has characterized the upcoming St. Philip’s North by-election as a definitive political watershed, framing the March 16 contest as a transformative opportunity for the constituency. Speaking at the formal nomination of candidate Alex, Pringle delivered a robust endorsement of his party’s contender while issuing sharp criticism against the governing party’s candidate.

    Pringle expressed unwavering confidence in Alex’s campaign preparations, noting the candidate’s extensive community engagement and grassroots mobilization efforts. “Brother Alex has demonstrated exceptional commitment through his consistent groundwork,” Pringle stated. “This election represents a clear choice between progress and stagnation—a genuine change election for St. Philip’s North.”

    The UPP leader emphasized Alex’s rapid accomplishments and deep connections with local residents, asserting that the candidate has maintained continuous engagement with constituency members despite the compressed campaign timeline. “His dedication remains evident through ongoing community presence and genuine constituent relationships,” Pringle added.

    In contrasting the political alternatives, Pringle launched pointed criticism at the Antigua and Barbuda Labour Party’s candidate, suggesting the ruling party’s representative would merely perpetuate what he characterized as an unsatisfactory legacy. “The alternative offers no substantive improvement—merely continuation of Sir Robin’s troubling legacy of inaction,” Pringle asserted.

    The party leader concluded with a pledge of comprehensive organizational support, vowing to deploy the United Progressive Party’s full resources behind Alex’s campaign. “A unified and mobilized UPP will operate at maximum capacity to secure electoral victory on March 16,” Pringle committed.

  • GTAWU and SGU sign collective bargaining agreement

    GTAWU and SGU sign collective bargaining agreement

    In a significant development for labor relations in Grenada, the Grenada Technical and Allied Workers’ Union (GTAWU) and St. George’s University Limited (SGU) formally ratified a comprehensive Collective Bargaining Agreement on February 12, 2026. The six-year pact, covering July 1, 2022 through June 30, 2028, was executed under the supervision of Labour Commissioner Sparkle Grenade-Courtney.

    The signing ceremony featured representation from both organizations’ leadership. SGU’s delegation included Chief Campus Operations Officer Greg Hendel, Vice President Business Administrator Dawne Buckmire, Human Resources Director Camila Williams-Johnson, and legal counsel Skeeta Chitan-Sylvester. GTAWU’s representation was led by President General André Lewis, accompanied by Chief Grievance Officer Trevor Xavier, Shop Stewards Kevon Noel and Gleaner Lewis, Workers’ Representative Ron Greaves, and Industrial Relations Officer Kadisha Andrew.

    Key provisions of the landmark agreement establish minimum starting salaries at 20% above Grenada’s national minimum wage threshold. The compensation package includes structured annual increments: four consecutive 4% raises for the 2022-2026 periods, followed by two 5% increases for the final two years of the contract.

    Additional benefits encompass enhanced night differential allowances, full reimbursement of driver’s license fees, comprehensive health insurance coverage, uniform and protective clothing provisions, pension benefits, and a formalized grievance procedure framework.

    Notably, both parties committed to ongoing negotiations regarding the unresolved status of SGU’s ‘Unvaccinated Workers’ who have been barred from campus premises since June 2021. The discussions will focus on compensation arrangements for these employees’ years of service prior to the implementation of vaccination mandates.