Is a thirty million U.S.-dollar treasury note the short term fix to Belize’s foreign exchange woes? Well, tonight the Prime Minister says this first-of-its-kind Central Bank initiative has the government’s full support. As the economic impact of the COVID-19 barrels down on the country and commercial banks place limits on credit card spending, the PM […]
To ease the foreign exchange crunch, G.O.B. is also turning to the International Financial Institutions. During his video presentation today, Prime Minister Dean Barrow informed the public that the COVID-19 aid, all to a tune of one hundred million U.S. dollars, which was committed in March, will start flowing starting next week and carried over […]
While the Prime Minister has launched the first of a kind treasury note to raise U.S. thirty million dollars, Opposition Leader John Briceño today told News Five that the economy is crumbling beneath Barrow’s feet. He says that the country’s foreign reserves have been limited to two or three months. Banks are cutting down on […]
The Prime Minister has announced an initiative to tackle the foreign exchange crunch triggered by the halt of tourism activities which bring in significant foreign exchange. But the grounding of air travel and the uncertainty as to when flights will resume at the P.G.I.A. is having a huge impact on the economy and putting air […]
The longer the borders remain closed, the more damaging it is to the tourism industry, which accounts for forty-five percent of G.D.P. The Philip Goldson International Airport remains closed and there is no date as to when it will reopen. Opposition Leader John Briceño says the country can’t be locked off from the rest of […]
An elderly man was shot to the back during a robbery at his hotel in Ladyville. Eighty-seven-year-old Dodlie Estelle was at home with his common-law when armed robbers came into his house, demanding money and the location of a safe on Wednesday evening. They did not find the safe, but shot Estelle on the back […]
A drug plane is believed to have landed in southern Belize early this morning. Reports of a low-flying airplane began circulating as early as two o’clock this morning. Soon after, it was learnt that members of the Special Operations Task Force were deployed down south as intelligence suggested that the plane landed near Graham Creek. […]
The effects of the COVID pandemic is being felt everywhere and sport is no exception. Early in the crisis, sporting activities had to be cancelled because of the limit of numbers allowed at sporting events. It meant that gate receipts disappeared. FIFA came up with one million dollars for the F.F.B. to cover costs until […]
But there is another dilemma at the F.F.B. because the coaching staff and athletes, who have contracts with the F.F.B., believe the federation is taking advantage of them. News Five was contacted by several athletes who say that FIFA earmarked approximately one point two five million dollars for COVID-19 relief for coaching staff and athletes. […]
General Secretary Earl Jones of the Football Federation of Belize says that COVID-19 has caused the football industry to crash. No money is coming in and the way forward for the sport is difficult to predict, despite plans to restart in July. On the Phone: Earl Jones, General Secretary, F.F.B. “COVID-19 has caused a […]
We introduced you to the Saqui family on Tuesday. In tonight’s story, we share with you how the family in Maya Center Village uses the cacao to bring community benefits, beyond the chocolate making facility. Julio Saqui draws parallels to the way cacao is used today and thousands of years ago. Andrea Polanco has a […]
There is an update to the Unemployment Relief Programme and it is not good news for those persons waiting for financial relief. The hotline numbers that were listed on the Unemployment Relief Portal are inactive due to public officers returning to their substantive posts. Those applicants who still have not been able to receive their […]
Opposition Leader John Briceño says that the sugar industry in the north is in crisis. The A.S.R./B.S.I. factory at Tower Hill has temporarily halted milling due to the inclement weather. Loads of cane were covered with mud and during the grinding and milling process; the mud lessens the cane quality and damages the grinder. Milling […]
John Briceño also weighed in on John Saldivar’s economic recovery strategy. The disgraced former Minister of National Security was forced to resign after he admitted to having received monies from now convicted fraudster Lev Dermen. He became the leader-elect of the United Democratic for less than seventy hours and now the Belmopan area representative says […]
A group of Belizean students in Massachusetts in the U.S. is waiting for approval from the government to return home. Saint John’s Anglican school teacher Keisha Garbutt and three other students completed their master’s degree in May, but were allowed to stay on campus until June thirtieth. They say they have applied to be repatriated […]
Parts of the country, in the north and central regions, are at flood stage. Residents in flood prone areas and near waterways are advised to be alert. The Hydrology Unit issued its latest flood forecast today at noon and Principal Hydrologist Tennielle Hendy says that while some rivers are in flood stage some communities are […]
Turning to an interesting competition, The Walls Down project piloted by Joseph Stamp Romero, the founding director of Youth Advocacy Through Arts, has been entered into a contest, sponsored by the Inter-American Development Bank in collaboration with the Department of Youth Service and BELTRAIDE. The Change the Story Competition is aimed at capturing innovative social […]
The message from local health authorities has been clear; it is highly likely that at some time, Belize may face another wave of COVID-19. While we continue to practice preventative measures to delay or prevent further cases of the new coronavirus, there is another wave spreading across the country that demands our attention. Tonight in […]
