3:27 pm, Mon October 5, 2020 1. The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has launched a new parametric insurance product, which has been developed for the electric utility sector in the Caribbean. CCRIF says Anguilla Electricity Company Limited was the first to purchase the insurance and it is
Myers, Fletcher & Gordon (MF&G) has included a redundancy calculator on its website. This comes as businesses continue to cut jobs in response to the novel coronavirus pandemic. Although the formula for redundancy is set out in the Employment (Termination and Redundancy Payments) Regulations of 1974, we find that approximately
Manchester High School alumnus, Kahlil Walker, is on a mission to reduce the suffering of individuals living with various diseases and medical complications by finding cures to these ailments. The 18-year-old is well on his way of making his dream a reality as he has been awarded a full scholarship
Unserviced bank and mortgage loans grew by one-third to $27.9 billion over the span of a year ending June, according to new central bank data. It’s the highest percentage rise in eight years and, as a dollar value, grew by $7.5 billion from $20.4 billion a year earlier. The unserviced
KINGSTON, Jamaica — Tropical Depression Twenty-Six formed south of Jamaica at 10 o'clock last night and is expected to intensify into Tropical Storm Delta later today as it nears the Cayman Islands. The Meteorological Service of Jamaica says the depression is moving toward the west-northwest near 15 km/h, and
The International Labour Organization (ILO) has warned of the need to adopt immediate strategies to face the labour crisis caused by COVID-19, which has led to the loss of at least 34 million jobs in Latin America and the Caribbean. The situation could generate an amplification of inequalities in the
KINGSTON, Jamaica — The National Hurricane Centre (NHC) says the disturbance located southwest of Jamaica could become a hurricane during the next two to three days. The disturbance is expected to strengthen to a tropical storm when it nears the Cayman Islands, and a hurricane when it moves near or
President of the Caribbean Development Bank (CDB) Dr Warren Smith has called for the completion of regional integration projects in order to grow economies and advance the standard of living across the Caribbean in the novel coronavirus pandemic aftermath. Speaking at a virtual staging of the CDB's 50th annual general
KINGSTON, Jamaica — The National Hurricane Centre (NHC) says the disturbance located southwest of Jamaica could become a hurricane during the next two to three days. The disturbance is expected to strengthen to a tropical storm when it nears the Cayman Islands, and a hurricane when it moves near or
MEXICO CITY (AP) — Hurricane Delta rapidly intensified into a Category 2 hurricane early Tuesday, packing 100 mph (155 kmh) winds on a course to hammer southeastern Mexico and then strike the US Gulf coast later in the week. As Delta shifted west on Monday, Cuba withdrew a hurricane warning
