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Bermuda counts cost of overweight population
HAMILTON, Bermuda, CMC – Health Minister Patricia Gordon-Pamplin says 70 per cent of Bermuda's adult population is overweight or obese and the island is counting the cost of additional strains being put on a struggling economy. Gordon-Pamplin, who has just returned from a meeting of health ministers in Aruba on the impact of childhood obesity, said that Bermuda’s population will…
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FATCA: Will it harm our economy?
KINGSTON, Jamaica – It now seems that our money is going to be controlled once more by external governments and their regulations. There will be instituted in our banking regulations a requirement for some additional information on clients' funds, and their source of funds, especially if they happen to be citizens of the USA, or simply green card holders. This…
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Eastern Caribbean Central Bank Establishes FATCA Working Group
The Eastern Caribbean Central Bank (ECCB) has established a Working Group to ensure that financial institutions which operate within the Eastern Caribbean Currency Union are prepared to comply with the requirements of the United States Foreign Account Tax Compliance Act (FATCA). FATCA, which the US Government enacted in March 2010, seeks to combat tax evasion by US citizens and resident…
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Dominican merchants shutter border market to protest Haiti’s ban
Dajabón, Dominican Republic.- Dajabón merchants kept Haitians from crossing into the Dominican side on Sunday, the day before the market held Mondays and Fridays, as part of the called shutdown on Monday organized by the Merchants Association, to protest the ban on eggs and poultry enacted by Haiti’s government. Also turned back were trucks from other towns full of merchandise…
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Ja benefits from Carib Basin Act, Vasciannie tells US Int’l Trade Commission
KINGSTON, Jamaica – JAMAICA has benefited significantly from the Caribbean Basin Economic Recovery Act (CBERA), and more generally from the Caribbean Basin Initiative, Jamaica's Ambassador to the United States Stephen Vasciannie told a public hearing of the United States International Trade Commission in Washington, DC last Thursday. Ambassador Vasciannie's presentation is designed to assist the commission compile its 21st report…
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