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Derisking is Minor Setback to Belize’s Banking Sector

The Prime Minister took on a number of issues this morning at a press conference that started at ten and continued until about twelve-twenty. P.M. Dean Barrow spoke on a [...]

Belize Bank Fully Supported by G.O.B. and Central Bank Through Derisking Hiccup

Now for policy matters, the Bank of America has withdrawn as corresponding bank to the Belize Bank. The PM explained that there has been nothing awry and that the government [...]

Executive Chairman Says It’s Business As Usual for Belize Bank

In past three or four years, the large U.S. Banks and some European Banks have been facing some of the largest fines in the history of banking. Those fines, according [...]

P.M. Addresses Legalities of Petrocaribe Loan Act

At least half an hour of the two-hour long press conference this morning was dedicated to Petrocaribe, the controversial project which spawned the controversial Loans Act and Bill. The Opposition [...]

“Petrocaribe is Here to Stay” – P.M. Barrow

The matter of the illegality is still before the courts, but where the outcry from the Opposition, VIP, church, business sector and unions is concerned, the Prime Minister isn’t at [...]

Petrocaribe Rolls Out Countrywide…

Amidst all that was said about Petrocaribe this morning, there were only a couple things we hadn’t heard before. One is that those glorious monies will be rolling down south [...]

Citrus Farmers Receive Boost With… You Guessed It, Petrocaribe Funds

As we mentioned earlier, Petrocaribe monies will be used to bail out C.P.B.L.  It’s not the first time the company is being assisted, so to speak, by government. In fact [...]

…What Else Will It Be Spent On?

As you’ve noticed, where the government is concerned, Petrocaribe is the biggest thing, bar none. Politically, it’s been a game-changer for the United Democratic Party, especially since with the passing [...]

Does Petrocaribe Cover Health and Education Too?

As you can see, it’s a long list of projects which span the country, and it’s mainly infrastructure – from sporting complexes to the City Centre to million dollar roundabouts [...]

P.U.P. Protests Outside P.M.’s Press Conference

As early as six-thirty this morning, Police were on high alert at the Biltmore Plaza, putting up barricade and roping off a section of the parking lot. All that activity [...]

Details of P.M.’s Carnival Meeting Disclosed

The prime minister’s recent trip to Miami where he met with senior executives from the Bank of America, also included a meeting with Christine Duffy, President of Carnival Cruise Lines.  [...]

Carnival’s Two Cents on Stake Bank Development

During the meeting with the Carnival executive, several benefits, including distance and safety, were also outlined from use of the proposed Stake Bank project.  The issue of a causeway connecting [...]

What’s the P.M.’s Take on CCJ’s Maya Land Rights Ruling?

The Caribbean Court of Justice issued a milestone decision on the issue of Maya land rights a week ago.  Since then the ruling, as well as the consent order, has [...]

Upcoming Mother’s Day Cheer Extended to P.U.P. Area Reps

Today, the Prime Minister announced that all U.D.P. Area Representatives will be receiving fifty-thousand dollars to give out for the now annual Petrocaribe-funded Mother’s Day Cheer program. The P.U.P. has [...]

ComPol Whylie on Spike in Crime in Belize City

Our records show that in the first four months of the year, there have been forty-three murders; that is twelve more than in the same period in 2014. Our stats [...]

Carlos Cassanova Jr. Charged With Corozal Murder

Mark Edward Massam was hacked to death on December ninth, 2014 on College Road in Corozal Town allegedly by Carlos Cassanova Junior who was in turn shot by police.  He [...]

Police Training Academy Inaugurates Gym

A ribbon cutting ceremony for a newly constructed running track and gym at the National Police Training Academy was held today at its compound in the Capital. The facilities will [...]

Police Officers Transferred

Several transfers are in the pipeline for senior officers in the Police Department, says Commissioner Allen Whylie. The transfers are part of an annual process and effective July of this [...]

U.S. Embassy Recognizes Local Youth Groups

The U.S. Embassy recognized four youth groups for doing outstanding work in their communities. Today, the youth presented on the projects which included works to rehabilitate a center to provide [...]