There were hopes that a deal would be struck when the Debt Review Team and the Coordinating Committee of Belize Bondholders met following the US thanksgiving holiday. But the result is a reversal of a previous discussion. In August the Government publicized three Indicative Restructuring Scenarios that would reduce the long term payment and bond […]
Government and bondholders are at a stalemate five months after the negotiations started and are basically back at square one. But Jim Scott, the former president of the B.T.I.A., said today that the team leader has asked him to inform tourism industry stakeholders that the negotiations were moving forward. Jim Scott, Immediate Former President, […]
While bondholders and government are at a standstill, the Belize City municipal bond is trading beyond expectations. Since going public on Monday, Belize City Mayor, Darrell Bradley says there has been high demand by the business community for the bonds that will finance the ongoing infrastructure works in the City. The Belize City Council has […]
A total of eleven individuals and businesses have bought into the primary offering since it was launched on November twenty-sixth. The smallest shares are in the amount of two individual bonds, while the largest stocks are seven thousand, five hundred and twelve thousand, five hundred bonds, respectively. Darrell Bradley, Belize City Mayor “What we’ve […]
The trial involving several law enforcement officers accused in the largest drug seizure in recent history continued today before Justice Denis Hanomansingh in the Dangriga courts with arguments from the defense. Police officers Renel Grant, Lawrence Humes, Jacinto Roches, Mark Middleton and Customs boatman Harold Usher, as well as Victor Logan have been indicted for […]
John McAfee, the anti-virus founder, has faded from the media headlines in recent days, but he continues to blog about life in hiding and in Belize on a whole. In his most recent posting, McAfee claims that the Gang Suppression Unit and the Coast Guard raided his property in San Pedro just before eleven o’clock […]
Last Friday, Belize Water Services Ltd., the collecting agent for the proposed residential garbage fee, issued a release outlining the conditions under which the city council partnership can be successful. Among those terms is that BWS will not disconnect its customers for failure to pay the new fee, despite generating and issuing the monthly invoice. […]
The tourism industry has had a successful year. That commendable sentiment came in the report card that was presented at the annual general meeting of the Belize Tourism and Industry Association which took place at the Radisson Hotel today. But despite growth in the industry, crime presents a major challenge that threatens to besmirch the […]
Two women were victims of thieves this week. On Monday, forty nine year old Rosa Tejada, a resident of Dean Street left her home between nine a.m. and four thirty p.m. When she returned she discovered that one thousand three hundred Belize dollars, an additional hundred dollars in other currencies, and two gold chains valued […]
A special joint operation by the K-nine unit and Placencia Police yielded a significant amount of cocaine early this morning. The first find was a kilo of cocaine, followed by another quantity of marijuana. As the operation continued, things got more interesting and the officers dug up eight packs of crack cocaine in different locations […]
Also in Placencia, twenty-four year old Lizet Cocom was stabbed multiple times on November fifteenth on her neck, back and hands, allegedly by her estranged common-law husband. The incident was reported the following day and led to outrage in village when the police did not arrest the accused man even though he travelled regularly between […]
Forty-eight year-old Rolando Velasquez Darbon pleaded guilty to aiding and abetting when he appeared before Magistrate Adolph Lucas Jr. in court today. He was busted on Wednesday slipping a Salvadoran national into the country. Darbon, who is wanted by the United States Embassy for his involvement in an alleged human trafficking ring, was fined three […]
There were six murders over the past weekend alone and the continuous spate of violent crimes has residents on edge countrywide. But in his address at the B.T.I.A. AGM today, the Minister of National Security, John Saldivar said that major crimes have actually decreased over the past five months. According to Saldivar it may not […]
Proper communication with communities has always been essential for cops to maintain peace in neighborhoods. The Zone Beat Liaison Officers are focused on community engagement but Drop-in centers are becoming an additional tool to maintain a relationship with the youths. The police department has drop-in centers in Yarborough, Hattieville and Benque. Today, the Caribbean Shores […]
On Tuesday, the Gang Suppression Unit found an outboard engine at an apartment complex on Mopan Street where members of the PIV gang are known to be living. One person is claiming ownership of the engine but as many as nine have been arrested and charged for handling stolen goods. They are Leon Gray, Kieshayne […]
There are further details on the body of a baby found on Wednesday morning at the George Price Highway Dumpsite. The police report that the partially decomposed body was found, according to police, by a plastic recycler from the “Gungulung area” in Saint Martin De Porres. The recycler was collecting plastic bottles at the dumpsite […]
The United Nations recorded a historic vote today; member states voted to recognize Palestine as a non-member observer state. One hundred and thirty eight members voted in favor while nine, including the United States, Israel and Canada, voted against. The vote came after impassioned speeches from Palestinian President Mahmoud Abbas, who asked the UN to […]
Each year on December first, people all over the globe commemorate World Aids Day. From 2011 to 2015 the central theme for the activities has been “Getting to Zero: zero new HIV infections. Zero discrimination. Zero AIDS related deaths.” In 2011, Belize had reason to celebrate; the number of new HIV infections had decreased from […]
