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Putin Promises to Assist Cuba With Offshore Oil Exploration

putin-standing-2HAVANA — President Vladimir Putin pledged to help revive Cuba's struggling offshore oil exploration at the start of a six-day tour of Latin America as Russia aims to reassert its influence on the communist-ruled island.

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Bank Soon

League-Hally-2THE MUCH TOUTED CREDIT UNION bank is coming and it could mean that about $50 million of the more than $200 million credit unions have deposited in commercial banks could be pulled out to launch the institution.

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New air service between Antigua and BVI

VPLVI-plane-2ST JOHN’S, Antigua – As of November 1, there will be a new air service between Antigua and the British Virgin Islands (BVI).

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Region benefits from US$30m World Bank bond

the-world-bank-2Grand CaymanThe 16 member countries of the Caribbean Catastrophe Risk Insurance Facility (CCRIF) will benefit from the first ever catastrophe (cat) bond issued by the World Bank. The US$30 million transaction is the first of the World Bank’s newly created Capital-at-Risk Notes Programme and will address earthquake and tropical cyclone risk in CCRIF member countries.

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IMF warning for Trinidad and Tobago

IMF-Warning-for-trinidad-2WASHINGTON,  CMC – The International Monetary Fund (IMF) Wednesday warned that Trinidad and Tobago remains vulnerable to a decline in energy prices, and called for structural reforms to diversify the economy and improve its growth potential.

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TOP HEADLINES

  • LIAT Pilots call off strike The Leeward Island Airline Pilots Association (LIALPA) has abandoned its threat to take industrial action following a high level meeting on Wednesday where an informal agreement was reached with the employer,...
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