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The controversial Puerto Azul project was a scam from the get go. It was launched at the 2014 Cannes Film Festival in France, where Ministers Manuel Heredia Junior and Erwin Contreras travelled for the grand event along with other high profile personalities. It came crashing down this morning when, financial police in Varese, Northern Italy, […]
It didn’t take the Bondholder Committee appointed last week more than seventy-two hours to say no to Belize’s offer for a restructuring of the terms of the 2038 U.S. Dollar Bonds or the Superbond. The committee today called the offer “premature,” considering that it seeks consent from a committee who will not give it and […]
Written on January 17, 2017 | Posted in
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The Committee is not advocating a particular solution, preferring to negotiate with Belize on the basis of debt relief in the medium-term. It wants a strong and credible medium-term program of fiscal and structural adjustment to promote economic growth and reduce crisis risk; and reasonable mechanisms to assure that the adjustment program will be delivered. […]
Written on January 17, 2017 | Posted in
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Will Prime Minister Dean Barrow’s words in the House of Representatives on Friday, threatening “economic war” if Caribbean Investment Holdings Limited and Belize Social Development Limited attempt to collect on arbitration awards upheld by the U.S. Supreme Court for more than fifty million U.S. dollars by seizing Belizean assets, come back to haunt him? While […]
Written on January 17, 2017 | Posted in
Economy,
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On the heels of three arbitration awards upheld by the U.S. Supreme Court last week and a fourth involving the Belize Bank still making its way through the U.S. court system, the last thing the Government wants to hear about is further litigation. But that is exactly what it faces from Glenn D. Godfrey’s G.D.G. […]
It’s been one week since the N.G.O. community voted overwhelmingly in favor of Osmany Salas to represent its membership as the thirteenth senator. While an official appointment is pending, the inaugural meeting of the Senate for 2017 has been scheduled for this Thursday, one day ahead of the Commencement Order taking effect. In light of […]
Written on January 17, 2017 | Posted in
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While the N.G.O. community is fully aware of government’s position to amend the N.G.O. Act, it maintains that the N.G.O. Amendment Bill has nothing to do with the swearing in of the thirteenth senator on January twentieth. Osmany Salas, Senator-Elect “We don’t see what is that urgent that can’t wait a couple days. So […]
A couple has been left without a roof over their head following the fire that destroyed their home on Monday on Hollywood Drive in Lord’s Bank, Ladyville. The owners suspect that the fire was intentionally set. Today we spoke with Operations Officer Orin Smith of the National Fire Service and he says that they are […]
Written on January 17, 2017 | Posted in
Disasters |
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Back in December, a San Ignacio couple came to our studios to make a complaint against a GSU Officer. They claimed that they were brutalized at the hands of the law enforcement personnel. Well, it has been over a month and the couple claims that they are being harassed by the officer, whose name we […]
Written on January 17, 2017 | Posted in
Crime,
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A Gales Point Manatee resident was handed down a three-year sentence after he was found guilty of aggravated assault with a firearm. Anthony Liston Myers, originally from Dangriga, was sentenced in absentia this morning before Chief Magistrate, Anne Marie Smith. Myers committed an aggravate assault upon businessman, Nelson Gallardo on December twenty-sixth, 2016, in the […]
Written on January 17, 2017 | Posted in
Trials |
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A farmer of San Antonio, Toledo District remains hospitalized tonight after surviving a near-fatal shooting incident on Monday night. Shortly before eight o’clock, fifty-six-year-old Rufino Bul was inside his bar when four masked men entered the premises. One of them produced a firearm and took aim at the proprietor before discharging his weapon. Bul was […]
Written on January 17, 2017 | Posted in
Crime |
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The fate of Belize’s Gold Cup future is up in the air after losing to El Salvador in their third outing of the Central American Cup. While Honduras is the only team with a perfect record at the 2017 Copa Centroamericana, Belize is in danger of sinking lower on that list. This afternoon in Panama […]
Written on January 17, 2017 | Posted in
Sports |
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If you purchased butane since the eleventh of this month, you would have noticed that the price went up big time. Last week the Bureau of Standards sent out a release to say that LPG – known to most as butane – would be seeing an increase of eighteen percent. The last time consumers saw […]
Written on January 17, 2017 | Posted in
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The Belize Bureau of Standards has received a grant from the Caribbean Development Bank to the tune of two hundred and eighty thousand U.S. dollars to be used to enhance the National Quality Infrastructure. The first step has been an assessment of standards currently in place and the preparation of a draft plan to bring […]
Written on January 17, 2017 | Posted in
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The competition is heating up in Manila, Philippines where Belize’s Rebecca Rath is holding her own in the sixty-fifth edition of the Miss Universe pageant. On Monday, the twenty-three-year-old beauty and the other eighty-nine delegates from across the world were hosted at a Governor’s Ball at the SMX Convention Center. There they were all introduced […]
Written on January 17, 2017 | Posted in
Miscellaneous,
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