Prime Minister Gaston Browne of Antigua and Barbuda has revealed that one or two offshore banks in the country may face liquidation due to persistent difficulties in maintaining correspondent banking relationships. Speaking on the Browne and Browne Show on Pointe FM, Browne highlighted that these institutions have struggled to secure or retain international correspondent partners, which are essential for processing cross-border transactions. This challenge has been exacerbated by increasingly stringent global banking regulations. Browne emphasized that the issue is not isolated to Antigua and Barbuda but is part of a broader trend affecting small financial centers worldwide, a phenomenon often referred to as ‘de-risking.’ The government is closely monitoring the situation and collaborating with the Financial Services Regulatory Commission (FSRC) to safeguard depositors and ensure compliance with international standards. Despite these challenges, Browne reassured that the domestic banking system remains stable, with local banks maintaining robust correspondent relationships and strong liquidity positions. The prime minister reiterated the country’s commitment to upholding the integrity of its financial sector while navigating these global pressures.
博客
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Spragga Benz disrespected Caribbean women at Cannabliss 2025
Cannabliss 2025, a prominent event in the medicinal cannabis and cultural calendar, faced significant criticism this year due to controversial lyrics and organizational delays. The festival, now in its second year, aimed to blend cannabis education, cultural events, and entertainment into a cohesive experience. However, the performance by Spragga Benz, featuring lyrics deemed offensive and disrespectful, overshadowed the event’s achievements. Attendees, including regional government officials and CEOs, expressed disappointment, particularly given the mature and professional audience. The Rastafarian community, present at the event, also voiced their displeasure, emphasizing the inappropriateness of the song in such a setting. Beyond the lyrical controversy, the festival struggled with punctuality, with key events starting over 30 minutes late, some delayed by up to an hour and a half. Despite these setbacks, many visitors appreciated the overall experience and expressed enthusiasm for future editions. Organizers have acknowledged the issues and are committed to refining the event for Cannabliss 2026, promising a more polished and respectful celebration.
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Masked men rob man of vehicle, cash, and personals in Abaco
NASSAU, BAHAMAS — Authorities in Abaco are intensifying efforts to unravel the details of a brazen armed robbery that unfolded in the early hours of Tuesday, October 7, 2025, on Earnest Dean Highway. According to preliminary reports, the incident occurred shortly after 2:00 a.m. when a man seated in a Grey Chevy Impala was approached by a red Japanese vehicle. Two masked individuals armed with firearms emerged from the vehicle, forcibly seizing a substantial amount of cash, valuable jewelry, and the victim’s car before fleeing the scene in an undisclosed direction. Law enforcement officials are currently pursuing multiple leads as the investigation remains ongoing.
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Tension boils over in Sports Department meeting
The Sports Department has recently become the center of attention for troubling reasons, as internal conflicts and inefficiencies continue to plague its operations. Earlier this week, a pivotal meeting intended to address these challenges and enhance departmental performance took an unexpected and dramatic turn. Tensions between two senior leaders escalated into a heated verbal altercation, witnessed by other staff members, leaving many shocked and disheartened by the unprofessional conduct during such a critical session. This incident underscores deeper issues within the department, including management inefficiencies, poor coordination, and a growing lack of confidence among athletes and sporting organizations. In the wake of the confrontation, numerous staff members have expressed frustration and called for immediate leadership changes, emphasizing the need for mutual respect, stronger teamwork, and structural reforms to restore unity and public trust. The fallout has also prompted demands for intervention from higher authorities, as the sporting community eagerly awaits the department’s next steps to rebuild its credibility and vision. As one concerned administrator aptly stated, ‘We can’t fix sports if the people leading it can’t work together.’ The focus must now shift from personal disagreements to meaningful progress.






