Belize’s super bond debt stands close to five hundred and fifty million US dollars. The government’s initial proposal was rejected by bondholders but the committee representing bondholders and the government continued negotiations that concluded in a counter offer by the bondholders. The rejection of the terms proposed by the bondholders was posted on the Central […]
The government’s two counter proposals, one which includes a haircut of thirty-three percent and an interest rate of four point five percent that would increase to six point seven-five percent after five years. The second proposal had no haircut but lower interest rates over forty years along with a grace period of ten years on […]
The government’s counter offer is posted on the Central Bank of Belize website. But the bond was not the only item of business attended to at today’s House Meeting. Eight bills and two motions were vetted into a compact session. There was a frivolous argument over two ambulances that were donated by a group in […]
It was a proud day for the Belize Coast Guard as two significant achievements were celebrated; the seventh anniversary of the service was on November twenty-eighth and the commandant has been promoted to a higher rank. Both occasions were rolled into a grand ceremony this morning. The uniforms were crisp, the band was on point […]
We reported on Thursday night that John McAfee, the anti-virus founder who is hiding from police, had claimed on his blog that his San Pedro property had been raided by the Gang Suppression (GSU) and the Belize Coast Guard. The GSU and police denied that a search was carried out and today News Five found […]
In court news, Lee Henkis, the forty-three year old man who was convicted on November twenty-first of Committing an Unnatural Crime reappeared for sentencing today. Since Henkis was unrepresented, Justice Troadio Gonzalez heard mitigation pleas from his childhood friend, Gale Banner, who told the court that they grew up together and she remembers the good […]
A man was robbed at gunpoint on Thursday and police were quick to arrest the suspected gunman and a woman believed to have been his accomplice. This afternoon, eighteen year old Steven Bernard and twenty-one year old Lucia Moreno appeared before Magistrate Adolph Lucas. Bernard was charged with Robbery and Threatening Words while Moreno was […]
Police efforts to build relationships with residents of various areas of the city continued today. A Community Awareness Day was held in zone four of the crime ridden areas and the Community Policing Unit invited several agencies to provide information on services residents may not know are available to them. Students and members of the […]
The Central American Tourism Integration System, known by its Spanish acronym SITCA, held a meeting in San Pedro earlier today to discuss and review the development of tourism initiatives within the region. SITCA, an arm of the Central American Integration System, represents seven member states which collectively reported that upwards of eight million tourists have […]
It’s a sport that’s not well known in Belize, but a fourteen year old from Belmopan competed in two Fencing tournaments in El Salvador this week. Xunan Smith attended the sixth annual Giorgio Scarso International Tournament and the Central American and Caribbean Championship. On Sunday, in the Giorgio Scarso International Tournament, Smith was at fifth […]
Fencing is a new opportunity that will hopefully draw more youths to engage in competitive activity. But soccer and basketball are no doubt the two most popular sports in Belize. But one sport that carries no height advantage is table tennis. It’s played by both the strong and disabled and it’s now an official sporting […]
That tournament has come to a close and in less than a month the Mayan calendar also winds down. And by no cosmic relation, the Xunantunich Archaeological Reserve is also on lock down. Visitors to the site are advised that the site will be closed from December twelfth to the twenty-sixth, in order to organize […]
Earlier on the newscast you heard about the U.S. seven point two million dollar loan that the government is receiving to upgrade roads and infrastructure. One particular piece of real estate near the border with Mexico has been under constant discussion lately. Mexico’s President Felipe Calderon is leaving office and his government has financed a […]
What’s Happening Belize may have gone quietly into the sunset a year ago but weekend activities are still pretty much a staple across the country. Residents of a La Isla Bonita will be treated to an exclusive partnership between Miami’s Black Chiney sound crew and Jamaica’s Coppa Shot sounds as they team up to celebrate […]
On Thursday night, we brought the first of a two part series on living with HIV in Belize. It looks into the lives of two very different persons who have faced similar struggles since testing positive. We’re using the aliases of Morton and T to protect their identities as they share their stories to help […]
