An article entitled “Seven Countries Near Bankruptcy” was published on August eighth listing Belize, along with Jamaica, Argentina, Belarus, Greece, Venezuela and Ukraine, as countries in precarious financial state and at risk of default. Of the seven countries, the article says, “…which still carries a significant credit risk. These countries are approaching or have narrowly […]
Two major banks in Belize – one local and the other international – have lost their correspondent banking relationship with Bank of America. It’s a serious blow for customers who depend on the access previously provided through that relationship, but the threat had loomed for some time due to very strict money laundering regulations imposed […]
News Five has been able to confirm that ten Standard Bearers that comprise the original G-twelve met with P.U.P. leader Francis Fonseca on Monday. Details are sketchy, but we understand that there was agreement on the formation of a committee to implement recommendations made, and also a mutual agreement that all parties will work together […]
A Thousand Smiles For Cleyon will be in Belmopan this weekend. The foundation which assists children with Cancer will be hosting a fundraiser in the memory of Henry Griffin who passed away last September. Griffin was one of the children living with cancer that A Thousand Smiles was assisting. Today, we spoke with organizer Michelle […]
Starting on Thursday night, throes of designers, models and supporters of the fashion industry will be in Belize City for the staging of the Belize Fashion Week. Since its inception, the fashion show has been held in San Pedro, but this year they are bringing it to the city to centralize the event for an […]
Is Carnival Cruise Line cancelling calls on Belize during the upcoming high season? That’s a question that was posed to Prime Minister Dean Barrow over the weekend, upon his return from a working visit to Miami on Sunday. While PM Barrow admits to having no knowledge of the pending withdrawals, Citizens Organized for Liberty through […]
The issue of constructing a forward operating base near Sarstoon Island remains a controversial subject. The matter has seemingly been exacerbated following recent comments made by Guatemalan Foreign Minister Carlos Raul Morales during a press brief at the end of last month. Morales went on record to say that in the Confidence Building Measures, Belize […]
Additionally, P.M. Barrow maintains that informing Guatemala of the intent to erect a forward operating base or to increase Belize’s military presence near its boundaries in the west and the south is simply an act of good neighborliness. Prime Minister Dean Barrow “In talking to the group of friends, people will always advise caution […]
The pending sale of CIBC FirstCaribbean’s assets to Heritage Bank Limited remained the topic of conversation within the financial sector for the better part of last week. While CIBC’s corporate representative, in a brief interview with the local media, shared very little on the expected transaction, details of the acquisition have been discussed by all […]
The arrangement between CIBC FirstCaribbean and Heritage Bank is a private transaction brought about largely by the former’s shortfall in recent fiscal cycles. As such, government is not directly involved in the sale. Reporter “Is there any cause for concern that a bank that is well financed and has many branches has decided to […]
While CIBC FirstCaribbean and Heritage Bank are working to formalize the sale of assets, another offshore institution operating from Belize is yet to secure a correspondent bank. As we’ve reported previously, Bank of America has severed ties with Atlantic International Bank Limited as part of an ongoing de-risking exercise. The end of that relationship comes […]
Walter Garbutt is the new U.D.P. standard bearer for the Stann Creek West division. On Sunday, the United Democratic Party held its last convention in the southern constituency to elect a replacement for Melvin Hulse, the disgraced former U.D.P. standard bearer. Hulse, who had also served as minister under the U.D.P. in a previous administration, […]
There is a disturbing report of rape coming out of San Pedro. A fifteen year old student is claiming that on the morning of August seventh, around three o’clock, she was awakened by someone lying on top of her and covering her mouth. The perp kept telling her to shut up. The minor reported to […]
A Cayo resident is tonight receiving treatment at the Karl Heusner Memorial Hospital after he was stabbed twice to the stomach on Sunday morning. Around two-thirty a.m., twenty-three year old Alejandro Galvez of Clarissa Falls was stabbed in front of a night club on the Bullet Tree Road. Police arrived on the scene shortly after, […]
Eighteen-year-old Jahmy Belgrave and twenty-year-old Ernest Gladden were jointly charged with robbery when they appeared unrepresented in court today before Magistrate Hettie Mae Stewart. Both men pleaded not guilty to the charge of robbery, but due to the nature of the offense they were denied bail and remanded to the Belize Central Prison until September fifteenth. […]
A first-of-its-kind conference is being held over a three-day period in Belize City to discuss open learning. The conference that is hosting students, teachers and other education specialists is being held under the direction of the Canada/Caribbean Chapter of the Commonwealth Open Schooling Association (COMOSA). Currently, Gwen Liz offers open school learning, but the aim […]
The Eastern Division South of the Belize District Police Department held another round of community policing intervention over the weekend. It started on Friday, when at around six o’clock residents from the Mayflower Street area, including Banak Street, Ebony Street and Lakeview Street, gathered at the Zoe Ministries Church on Vernon Street. There, Regional Commander […]
But the unavailability of jobs and opportunities are among the root of the problem says Senior Superintendent Chester Williams. With initiatives like these, it is expected that several departments and agencies will be able to get into these communities and reach the marginalized. And on Sunday, another family sports day was held – this time […]
The 2015 National Song Competition gets underway this Friday at the Memorial Park in Belize City. After several rounds of regional eliminations, a total of eighteen artists, novice and professionals, will take to the stage with their original songs in both the carnival and national song competitions. Today, the finalists were introduced to the media […]
The Organization of American States recently commissioned Great Belize Productions to conduct a series of interviews with residents of Benque Viejo and other neighboring communities in Guatemala. The aim is to shed light on the relationship between members of the respective communities, amid the existing border dispute. The result is an interesting mixture of responses […]
Good evening, I’m James Adderley and this is Sports Monday. The jockey for position going into the Interoffice Basketball League Championships continued Friday night with Belikin and BWS Pressure facing off in a ballgame that could put Belikin into the #1 slot on Saturday night’s ticket. It’s the beer setting the pace early as […]
An abandoned helicopter, presumably used for narco-trafficking, is currently in the custody of the Belize Defense Force. The Bell aircraft was found on Wednesday afternoon on a feeder road in the Blue Creek area, Orange Walk District. Just prior to the find, the Anti-Narcotics Unit received intelligence that the helicopter was circling in the San […]
But while Brigadier General David Jones would not go as far as to say that the helicopter is now the property of the Government of Belize, Minister of National Security, John Saldivar was not so bashful. Saldivar says that the confiscated Bell four-o-seven helicopter will be used along with two U-H-one-H helicopters from Taiwan to […]
Moving to another hot-button issue…In late July, the Guatemalan Foreign Minister, Carlos Raul Morales, said during a press conference that in the Confidence Building Measures, both Belize and Guatemala had agreed not to “increase the military bases in the vicinity of both countries.” Morales was answering a question in respect to Guatemala’s objection to the […]
According to Brigadier General Jones, the forward operating base on the mainland near the mouth of the Sarstoon River will be constructed. He says that the B.D.F. and the Coastguard have advised its ministry and government that the base is required to combat illegal drug activities in the area. Brig. Gen. David Jones, Commandant, […]
