After offers and counter offers have been turned down by both sides, the five hundred and fifty million dollars Super Bond was almost at its own fiscal cliff. But today the prime minister called a late press conference to announce that a deal had just been agreed to with the bondholders, represented by A.J. Mediratta […]
The Prime Minister mentioned that the deal was struck primarily because the Speaker of the House, Michael Peyrefitte, intervened where the team couldn’t. But each rousing speech was ended with sobering declarations. The bond is just one issue that the country is facing. Belize is facing tough financial times and balancing the budget, finding capital […]
Belize has been documented as one of the transshipment points for the trafficking of drugs to the United States. Narco-traffickers have used drug planes and boats to move shipments through Belize. Police were close on the heels of a bust but they caught the foreigners after the drop was made. On Thursday, at three p.m. […]
Leading up to the March elections, there was a frenzy at the Immigration Department as over a thousand took the oath to become new Belizeans. The hue and cry was because most of them had not gone through the required rigorous immigration process and were lacking documentation. The outcry was also because many were from […]
The Chamber of Commerce and Industry this week called on the government to reform the tax system because the current structure is not conducive to economic growth. The amount of monies that leave Belize or what is termed as capital flight has always been a major concern because it results in less money in circulation […]
It is not over yet for Paul Ferguson, the fried chicken vendor who was removed from in front of Femina Store on Albert Street by Special Constable Selbert Butler on Tuesday. He was arrested, charged and taken to court on Wednesday when he pleaded guilty for insulting Butler. With that matter completed, Ferguson was right […]
The Belize City Council, led by Mayor Darrell Bradley, has joined the Belize Business Bureau in forming an Economic Development Commission which will take a critical look at the current issue of trade licenses. On Wednesday, we reported that members of the private sector are complaining that, in some instances, taxes have increased by as […]
Fifty-five year old parolee Winston Dennison is going back to prison after being convicted on December seventeenth of three counts of Carnal Knowledge of a fourteen year old girl. Today Justice Troadio John Gonzalez handed down a sentence of five years for the first count, six for the second and seven years for the third […]
A fifteen year-old minor who was convicted in early December was sentenced to six months imprisonment at the Belize Youth Hostel facility. And while his mother thinks that he got a harsh sentence in comparison to his accomplice, the sentence in the view of the magistrate was one that justified his action. According to a […]
Earlier in the newscast, we told you about the agreement in principle that the prime minister says he has reached with A.J. Mediratta. The reaction from the opposition was swift. The People’s United Party welcomed the announcement, but questioned whether A.J. Mediratta had full approval of the bondholders since details were not provided.
The Creative Arts industry has lost one of its own; dancer and choreographer Troy Longsworth, passed away at the Karl Heusner Memorial Hospital around three o’clock this morning. Longsworth was hospitalized for days, battling with pneumonia. He was a dancer with the Belize Dance Company for seven years performing on local and international stages. Longsworth […]
Super Furia is one of the north’s most active bands. In September it released Long Live Belize to coincide with the independence celebrations and this week, it released a song to coincide with the end of the Mayan calendar. The family-band lead vocalists stopped by News Five to launch their latest endeavor. Roxanna Alcoser, […]
Almost two hundred children from the Port Loyola community received a surprise treat today when they were invited to the Port Loyola Health Center this afternoon. The kids were given lunch and received gifts from Santa Clause. According to the Nurse Coordinator, Rachel Richard Sanchez, it was a last minute idea but they managed to […]
