Caribbean Banking – Island Crisis http://islandcrisis.net/ Tue, 17 May 2022 22:56:58 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://islandcrisis.net/wp-content/uploads/2021/04/default1-150x150.png Caribbean Banking – Island Crisis http://islandcrisis.net/ 32 32 Depp lawyers question Heard over knife and love notes in defamation case https://islandcrisis.net/depp-lawyers-question-heard-over-knife-and-love-notes-in-defamation-case/ Tue, 17 May 2022 20:31:53 +0000 https://islandcrisis.net/depp-lawyers-question-heard-over-knife-and-love-notes-in-defamation-case/ By Lisa Richwine LOS ANGELES (Reuters) – Lawyers for Johnny Depp tried to discredit allegations of abuse by Amber Heard during the former couple’s libel trial on Tuesday, presenting a knife she gave the star as a gift of “Pirates of the Caribbean” and the loving notes she wrote to him. At the start of […]]]>

By Lisa Richwine

LOS ANGELES (Reuters) – Lawyers for Johnny Depp tried to discredit allegations of abuse by Amber Heard during the former couple’s libel trial on Tuesday, presenting a knife she gave the star as a gift of “Pirates of the Caribbean” and the loving notes she wrote to him.

At the start of Tuesday’s proceedings, attorney Camille Vasquez asked jurors to examine the knife Heard purchased for Depp in 2012. Heard, best known for her role in “Aquaman,” testified that Depp had already become violent towards her at that time.

“Is that the knife you gave to the man who would get drunk and violent towards you?” asked the lawyer.

“It’s the knife I gave him as a present, yes,” she said, adding that she didn’t think he would stab her with it.

Depp, 58, is suing Heard for $50 million, claiming she defamed him when she claimed to have been the victim of domestic violence.

Heard, 36, countersued for $100 million, arguing that Depp smeared him by calling her a liar.

Depp testified that he never hit Heard and maintained that she was the aggressor in their relationship. He said she threw a bottle of vodka at him in early 2015, cutting the top of his right middle finger.

Heard said she did not cause the finger injury and only hit it to defend herself or her sister.

On Tuesday, Depp’s attorney read entries from a diary Heard said the couple kept to share love notes.

“True love is not just about the madness of passion or instead of choosing the safety of peace. No, it’s about both,” Heard wrote in May 2015, two months after the finger injury. by Depp.

“I still want, maybe more than ever, to rip you apart and devour you and savor the taste,” she added.

In another excerpt after their July 2015 honeymoon aboard the Orient Express train, Heard said she “couldn’t imagine a more magnificent honeymoon” and added, “I love you more and more each passing day”.

Heard told jurors on Monday that Depp assaulted her and wrapped a T-shirt around her neck during the trip.

A month later, Heard wrote that Depp was “my cornerstone, my heart, my everything.”

“You are my life. I hate it when we fight. I hate that I hurt you. I love you more than anything,” she wrote.

Asked about the nominations, Heard said she tried to “nurture as much peace as possible” and that “when things were going well, they were really good”.

The actors tied the knot in February 2015, and their divorce was finalized about two years later.

The court case centers on a December 2018 opinion piece by Heard that appeared in The Washington Post. The article never mentioned Depp by name, but his attorney told jurors it was clear Heard was referring to him.

Depp, once among Hollywood’s biggest stars, said Heard’s allegations cost him “everything”. A new “Pirates of the Caribbean” movie has been put on hold, and Depp has been replaced in the “Fantastic Beasts” film franchise, a “Harry Potter” spin-off.

Heard’s lawyers argued that she had spoken the truth and that her opinion was protected by free speech under the First Amendment to the US Constitution.

Oral arguments are scheduled for May 27.

Less than two years ago, Depp lost a libel case against the Sun, a British tabloid that called him a “wife beater.” A High Court judge in London ruled that he assaulted Heard on several occasions.

Depp’s attorneys filed the case in Fairfax County, Va., because The Washington Post is printed there. The newspaper is not accused.

(Reporting by Lisa Richwine; Editing by Leslie Adler and Mark Porter)

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Banking on BPO – Jamaica Observer https://islandcrisis.net/banking-on-bpo-jamaica-observer/ Sun, 15 May 2022 12:18:37 +0000 https://islandcrisis.net/banking-on-bpo-jamaica-observer/ Developers earn USD from BPO rentals. The Stanley Motta BPO campus in Kingston is shown here. Government and private sector developers have invested in business process outsourcing (BPO) infrastructure, aiming to benefit from the US dollar leases and rents paid by many foreign operators. Factories Corporation of Jamaica (FCJ) is a government entity that has […]]]>

Developers earn USD from BPO rentals. The Stanley Motta BPO campus in Kingston is shown here.

Government and private sector developers have invested in business process outsourcing (BPO) infrastructure, aiming to benefit from the US dollar leases and rents paid by many foreign operators.

Factories Corporation of Jamaica (FCJ) is a government entity that has expressed interest in investing in “integrated business complexes,” including spaces for BPO.

The company is building the Morant Bay Urban Center on the site of the former Goodyear factory in St Thomas, which at a cost of $5.9 billion will allow government entities and private sector businesses to include BPO companies.

The agency also has on its books a planned expanded technology park in Portmore, St Catherine, which involves the development of 34 acres of land at Naggo Head, and involved space originally intended for use by the information technology sector and Communications (ICT) / BPO.

Acceleration of the Port Authority

The Portmore Computer Park, built by the Port Authority.

However, it was the Port Authority of Jamaica that accelerated the construction of the ICT sector in Portmore and initiated the largest infrastructure construction.

Under subsidiary Kingston Freezone Limited, the authority has embarked on a $3.5 billion development of a Portmore IT park allowing its customers to access the growing community’s labor pool of Portmore.

On May 5, 2022, new BPO office space at Portmore Informatics Park in St Catherine was commissioned by Prime Minister Andrew Holness.

The additional buildings, comprising 157,000 square feet, complement the 50,000 square feet that previously existed, increasing the authority’s BPO space in Portmore by 300%.

In Montego Bay, through its subsidiary the Montego Bay Free Zone (MBFZ) which was established in 1985, the Port Authority operates what is the center of Jamaica’s BPO industry, occupied mainly by foreign operators .

Several private investors have also made significant investments in BPO infrastructure, including Barnett Limited in Montego Bay and Stanley Motta Limited (SML) in Kingston.

Melanie Subratie, CEO of SML, said, “The BPO investment properties for the company are worth over US$35 million. Eighty-five percent of the space is leased to BPO. The land was also launched by SML last week for a new building with a development cost of US$12 million.

Private equity is also involved in investing in BPO infrastructure. Earlier this year, Eppley Caribbean Property Fund Limited (ECPF) acquired a purpose-built 99,000 square foot BPO facility off Molynes Road in Kingston, Jamaica.

The facility is itel’s new campus in Kingston and will house approximately 1,400 BPO seats. ECPF completed the acquisition in equal partnership with JMMB Fund Managers.

Investment constraints

The Montego Bay Free Zone is the BPO center in Jamaica, operated by the Ports Authority of Jamaica.

A local property developer, who asked not to be identified, said projects had slowed somewhat due to uncertainty over working from home.

It was noted that “BPOs still choose to come to Jamaica and global brands still choose Jamaicans as their preference for BPO. The demand for space is always high. However, the Global Services Association of Jamaica (GSAJ) is asking for a 30% work from home allowance, which would obviously limit real estate expansion and construction to the same extent.

“It would be wise to see what has been approved by regional neighbors such as the DR and Colombia before the government takes action. This pandemic development is irreversible and so we need to accept the WFH to remain globally competitive, but we need to think more clearly about our place in the competitive landscape.

The promoter expressed the belief that the sector is also limited by the labor pool and states: “Jamaica is at full employment. More companies want to locate here, so there is a problem whether there are enough people to fill the positions. In the public domain, the president of the PSOJ and the Prime Minister have mentioned it.

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Why This Banking Stock Is A Great Return On Investment | Economic news https://islandcrisis.net/why-this-banking-stock-is-a-great-return-on-investment-economic-news/ Fri, 13 May 2022 17:37:49 +0000 https://islandcrisis.net/why-this-banking-stock-is-a-great-return-on-investment-economic-news/ If you are aware of any local business openings or closings, please let us know here. Closing of Pedro’s Cafe at Emmaüs SV Sports (formerly Schuylkill Valley Sports) will close Quakertown venue Flemington DIY will host a grand reopening on May 14 at 26 Stangl Road, Flemington. The party will start at 10 a.m. · […]]]>

If you are aware of any local business openings or closings, please let us know here.

Closing of Pedro’s Cafe at Emmaüs

SV Sports (formerly Schuylkill Valley Sports) will close Quakertown venue

Flemington DIY will host a grand reopening on May 14 at 26 Stangl Road, Flemington. The party will start at 10 a.m.

· Elpedio’s Ristorante in Seipsville opened at 2912 Old Nazareth Road in Easton. The restaurant is open from Wednesday to Sunday.

· Uai Brazil opened at 315 Lehigh Ave, Palmerton, offering both a seated or buffet option.

· Colombian Restaurant Mex opened at 107 E Union Blvd in Bethlehem, offering traditional Colombian cuisine.

· Precision Ink opened at 161 W Berwick St. in Easton.

· King Wing opened a location in Bethlehem at 129 E. Third St., serving wings and sandwiches.

· Molinari’s at 322 E 3rd St. in Bethlehem is reopening, offering seating with an Italian menu.

· The SHED is open at The HOUSE and BARN at 1449 Chestnut St. in Emmaus, serving drinks and cigars.

· Tony’s Pizza & Restaurant has opened a new location at 3417 Sullivan Trail in Easton.

· Big Papa’s Restaurant & Catering has opened at 1236 Northampton St, Easton. Dale Koehler & Sons Farm will supply the restaurant with meat and eggs.

· Route 61 Hardware cuts the ribbon at 635 Fountain St. in Ashland at noon June 24.

· The Shenandoah Pharmacy will hold a ribbon cutting at noon, June 1, at its location at 33 N. Main St., Shenandoah.

The Canalside Cup on Route 611 in Williams Township opens for the season May 13

· The Curious Plantaholic Nazareth expanded into New Jersey with a second store at 20 Main St. in historic Clinton, Hunterdon County. the original store is on Belvidere Street in Nazareth.

Childcare With A Purpose and Lehigh Valley Martial Arts are both coming to the Easton Avenue Mall in Bethlehem later this year.

· Harmony Wellness Center opens May 18 and 5 p.m. The center, which will provide services such as reiki and crystal energy sessions, is located at 182 S. First St. in Lehighton.

Time 2 Talk Therapy Services will hold an open house on June 1 at 521 Bridge St. in Lehighton

· Alter Ego Salon & Day Spa will open May 22 at 500 Broad Street in Emmaus

· Sephora at Kohl’s to open in Whitehall Kohl’s

· Juliette Bridals by Ivana has moved to 161 Glenworth Rd., Pottsville and is hosting a “moving celebration” on May 19 at noon.

· Iqor has opened a new 30,000 square foot call center in Allentown

· Life Advance Fitness at 436 State Ave. at Emmaus opens on May 11

· Grocery Outlet Bargain Market is open at 561 S. Broad Street in Lansdale, in the former location of Super Foodtown.

· the Caribbean Grill will hold its grand opening on May 10 from 5:30-7:30 p.m. at 1800 Sullivan Trail in Forks Township.

· A new mafia-themed bar named Capo & Co. Keg and Cork Kitchen is recruiting staff at Emmaus. The restaurant is located at 1375 Chestnut St. and will include a self-serve wine bar.

· Terrain on the Parkway, at 1625 Lehigh Parkway East in Allentown, is open and renting apartments ranging from studios to three bedrooms.

· Sports and Social opened April 28 in Allentown. The sports bar and restaurant at 645 Hamilton Street is part of a national chain.

· McCall Collective Brewing is planning a May opening for its second location at 7743 Hamilton Blvd. in the Breinigsville section of Upper Macungie Township. The original brewery is in Allentown.

· The Project Paw Cat cafe and thrift store opened April 30 at 452 Northampton St., Easton. The café cats will be available for adoption. The company supports the Center for Animal Health and Welfare in Williams Township.

· McDonald’s de Coopersburg is open at 6690 Short Drive, Upper Saucon Township, just off Route 309

· Oley Valley Inn in Oley Township returns as The Riedenau House, a farm-to-table restaurant. It will serve a German menu.

· Margaritaville Resort, a Jimmy Buffett-inspired resort is coming to Monroe County. Construction in Tobyhanna and Pocono townships could begin next year, with a 2024 opening on the site of the former Pocono mansion.

La Dolce Casa, at 16 W. Broad St. on Tamaqua’s main thoroughfare, added La Dolce Casa Bakery and Italian Market just three doors down at 32 W. Broad St. in Bittner’s former general store .

· Rutter’s is opening a third location in Berks on Route 222 and Long Lane in Maxatawny Township, north of Kutztown.

· Berks Nature opened The Rookery. The Rookery sits in Angelica Creek Park, above the existing Nature Place structure.

· The New Santiago restaurant at 125 S. Third St. in Coopersburg has reopened after about a year of hiatus.

· The Obsidian Tattoo & Piercing salon in Bethlehem has expanded to Emmaüs. The 173 Main Street location is now open.

· Ocean State Job Lot, a Rhode Island-based discount store, will open on the former Kmart site at Shillington Plaza in Cumru Township.

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Tobago as an ecological destination https://islandcrisis.net/tobago-as-an-ecological-destination/ Thu, 12 May 2022 04:50:15 +0000 https://islandcrisis.net/tobago-as-an-ecological-destination/ Features News day reporter 2 hours ago Yachts at anchor in Pirates Bay during the January 2020 season. -Pat Ganase Research and study are intrinsic to current trends in ecotourism; Is Tobago ready? The Unesco Man and Biosphere designation for the North East Tobago region presents an opportunity for all of TT to be forward […]]]>

Features



Yachts at anchor in Pirates Bay during the January 2020 season. -Pat Ganase

Research and study are intrinsic to current trends in ecotourism; Is Tobago ready? The Unesco Man and Biosphere designation for the North East Tobago region presents an opportunity for all of TT to be forward thinking. Pat Ganase reports on the first steps.

What’s in it for me?

Is this the response of most Tobagonians when told that northeast Tobago has been designated by Unesco as a region of man and the biosphere (MAB), a site of learning in nature where research, science and innovation could lead to nature-based solutions to improve human life?

Aljoscha Wothke, key technical expert on the government’s candidacy for UNESCO MAB Governors, said, “Tobago is starting to get the hang of it. It is the best tool currently available for economic development. Many international organizations are interested in northeast Tobago. I am very excited for the next steps which include management plans, all aspects of training including governance, funding and integration of community actions. We have a three to four year window and if we can progress quickly we can build to last a long time.

Faraaz Abdool, an ornithologist and conservationist, moved to Tobago because he believes in Tobago’s potential as a model of sustainability.

“This designation is a most worthy honor not only for Tobago, but for the entire country. The wild northeast end of Tobago is a place of breathtaking beauty. Man and the biosphere increase the visibility of our country as an ecotourism destination,” said Abdool.

One of the reefs in Pirates Bay. – The Maritime Ocean Collection

It is hard to imagine a more idyllic, healthier island, a place of nature at sea or in the tropical forest. Tobago was granted MAB designation in October 2020 based on the area that includes and surrounds the Main Ridge Forest Reserve, which has been protected since 1776 to secure the tree cover that guarantees rainfall over Tobago. The region covers 83,488 hectares of land, 68,384 hectares of ocean; countless species of flora and fauna, many of which are on the endangered species list and some of which are only found in Tobago. The 10,000 inhabitants of the villages surrounding the Moriah site at Belle Garden are essential and necessary for the conservation and development of the region. What’s in it for them?

The health of the Biosphere’s support systems directly affects the health of the population; it must be managed, maintained, preserved by those who live here, conscious, caring and well-informed people. Not all are construction projects. They include basics like clean water, electricity from renewable sources, and extend to relevant education and access to funds, in the immediate context of climate change and conservation. Here are some initial steps.

Nautical Tourism in Charlotteville

For decades, sailors sailing the Caribbean have found refuge in Man o War Bay in northeast Tobago. In the calm and pristine bay of Pirates Bay they drop anchor and stay for weeks, landing for provisions, fresh vegetables, freshly baked bread, cold beers and freshly caught fish. In order to protect the reefs of Pirates Bay, passing yachts will be offered specific anchorages.

Planting and managing moorings in safe locations among the reefs of Pirates Bay is a project of the Environmental Research Institute Charlotteville (Eric). These moorings should be available by July. Here’s how it will work: Visiting sailors can access and book berth on a website. When visiting yachts registered with TT Customs, they can be referred to Eric for mooring assignments. A portion of rental income will go to the Charlotteville Police Youth Club to help vulnerable members of the community; the club will also offer yacht tourism products as a social enterprise: catering and other services (land transport, laundry, tours, etc.)

Village tourism

The heritage and culture of Tobago’s villages must be preserved, not only in the annual festivals, but in the story that can be told in the many ruins of great houses, watermills and processing sites. Tobago was the beauty of the Antilles because it was beautiful and economically productive: sugar cane, cocoa and, at one time, the breadbasket of Trinidad. The Tobago Historical Society has documented sites so that the past informs the present. The Castara Tourism Development Association has created a comprehensive product that involves all providers: accommodation, rainforest tours, bread, yoga, beach parties, fishing and reef diving.

Laughing Gulls invade the seine for the catch at Man o War Bay in Charlotteville. –

Preserve abundant life in the ocean and in the rainforest

As human populations grow, the “let it go” approach to maintaining natural ecosystems may no longer be viable. It is important to manage what and where we fish, or what we grow and use on the agricultural plots at the edge of the forest. In recent years, the beauty and degradation of coral reefs around Tobago has been highlighted through online tools such as Underwater Earth and the Maritime Ocean Collection. Divers report proliferation of invasive lionfish on reefs eating juvenile native species; some have taken to catching lionfish and are encouraging consumers to enjoy this delicacy. Artisanal anglers in Charlotteville and Roxborough are now going further afield to find schools of wahoo, mahimahi (dolphin), albacore or flying fish once abundant in territorial waters. Knowing what’s there – in the rainforest and in the seas – is key to protecting and managing future stocks. This is the education Tobago needs.

Special education

In many MAB villages of Tobago, schools are located on or near the beach. Think of Speyside, Castara, Parlatuvier. How many graduates learn to swim, fish or become marine biologists? How many young foresters are botanists or birdwatchers or keep detailed species records? Where are the last stands of indigo – the crop that was heavily planted for export from Tobago? Where is the best land to grow food and what crops does the biosphere need most?

Sustainable bank

Financial services are necessary for people who want to build homes or businesses that are biosphere-friendly, sustainable, green, efficient, and educational. What about a bank that offers financing for solar panels; innovative green business, sustainable farming and fishing practices, student loans for conservation and environmental studies?

And the arts

Steps into the Purple Economy (Creative Sector) is underway to showcase the work of artists from the MAB region led by students from Speyside High School. The first initiative follows an art route along the main road in northeast Tobago, showcasing more than 20 artworks, some of which will depict popular diving and dive sites.

Tobago’s unique biosphere will be an integrated ecosystem in which man will play his essential and productive role, safeguarding the home he shares with all land and sea creatures. There is something for everyone: farmer, fisherman, creative, cook. This requires the support of all TTs and collaboration between institutions, especially the government. Above all, Tobagonians must aspire to shape their special space and preserve our nation’s unique man-made and biosphere reserve.

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Clearview AI agrees to limit database sales https://islandcrisis.net/clearview-ai-agrees-to-limit-database-sales/ Mon, 09 May 2022 22:24:30 +0000 https://islandcrisis.net/clearview-ai-agrees-to-limit-database-sales/ Facial recognition software maker Clearview AI has settled a lawsuit brought by the American Civil Liberties Union (ACLU) and will limit access to its facial database in the United States to government agencies rather than a myriad of American companies, The New York Times reported Monday, May 9. ). The case being settled is a […]]]>

Facial recognition software maker Clearview AI has settled a lawsuit brought by the American Civil Liberties Union (ACLU) and will limit access to its facial database in the United States to government agencies rather than a myriad of American companies, The New York Times reported Monday, May 9. ).

The case being settled is a rebuke to the company’s reported privacy breaches.

The ACLU filed a lawsuit in May 2020 for groups representing victims of domestic violence, undocumented immigrants and sex workers, accusing Clearview of violating a state law prohibiting private entities from use the identity of citizens without their consent.

The settlement means the company will not be able to sell its database of around 20 billion facial photos to private companies and individuals. However, he will be allowed to sell them to federal and state agencies.

The report says Clearview will have access to an exception and be able to provide its database to US banks and financial institutions due to part of the law in Illinois where the case was filed. However, Clearview CEO Hoan Ton-That said there were no plans to provide the database to anyone other than the government.

The startup had built its software by scraping photos from the web and popular social media sites, then selling them to local police and government agencies, including the FBI and U.S. Immigration and Customs Enforcement.

The technology had been deemed illegal in various places like Canada, Australia and parts of Europe. Clearview also faces a $22.6 million fine in Britain and a €20 million fine from Italy’s data protection agency.

PYMNTS wrote that earlier this year, Ton-That said his goal for 2022 was to “sign deals with the US government” and expand his team by a third.

Read more: Facial recognition company Clearview AI seeks government deals despite regulatory issues

He also said Pennsylvania-based computational physicist Terence Liu was behind some of Clearview’s algorithms – the first time a member of the company’s technical team had come to light.

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NEW PYMNTS DATA: THE TRUTH ABOUT BNPL AND STORED CARDS – APRIL 2022

On: Shoppers who have store cards use them for 87% of all eligible purchases – but that doesn’t mean retailers should start buy now, pay later (BNPL) options at checkout. The Truth About BNPL and Store Cards, a collaboration between PYMNTS and PayPal, surveys 2,161 consumers to find out why providing both BNPL and Store Cards is key to helping merchants maximize conversion.

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CIBC FirstCaribbean Wins Best Renewable Energy Financing Award https://islandcrisis.net/cibc-firstcaribbean-wins-best-renewable-energy-financing-award/ Thu, 05 May 2022 11:51:23 +0000 https://islandcrisis.net/cibc-firstcaribbean-wins-best-renewable-energy-financing-award/ When the Caribbean Renewable Energy Forum (CREF) met for its 14and in Miami, Florida, CIBC FirstCaribbean was recently named the recipient of the award for Best Renewable Energy Financing in the 2022 CREF Industry Awards. The forum returned to its first in-person meeting where more than 25 countries, including regional stakeholders, were present for caucus […]]]>

When the Caribbean Renewable Energy Forum (CREF) met for its 14and in Miami, Florida, CIBC FirstCaribbean was recently named the recipient of the award for Best Renewable Energy Financing in the 2022 CREF Industry Awards.

The forum returned to its first in-person meeting where more than 25 countries, including regional stakeholders, were present for caucus from April 26-28.

CIBC FirstCaribbean was recognized for its innovation and leadership in corporate funding of key initiatives in the renewable energy sector.

Between 2020 and 2021, the bank spearheaded the refinancing of the project portfolios of two major renewable energy players in the Caribbean: BMR Energy, a developer of wind and solar photovoltaic (PV) assets in several territories of the region and Central America and WRB Energy, an investor in Jamaica’s largest utility-scale solar photovoltaic power plant.

In doing so, the bank continued to express its confidence in the sector demonstrating that regional financial institutions are at the table to support the region’s energy transition and highlighting that renewable energy investments can access financing options within our region to accelerate this transition.

Chief Executive Officer, Colette Delaney, observed that the bank’s commitment during the period for which the prize was awarded, “represents a break with the historical construction where extra-regional development banks have been the leading financiers of renewable energy projects in our region Renewable energy developers now understand that our support for projects in the sector means that there is more than one single channel to finance their projects in the region.

“Our bank will continue to focus on the types of investments that can catalyze our region’s recovery, such as investments in renewable energy. Investments in infrastructure, in general, are important to stimulate the economy, get people back to work, create new jobs and encourage increased circulation of cash flow to jump-start our economies and ensure our future success,” Delaney noted. .

CIBC FirstCaribbean continues to be recognized for its role in organizing similar financing initiatives in the area of ​​renewable energy. In 2017, the bank received the CREF “Project Finance Deal of the Year” award for financing the first large-scale solar photovoltaic project in the Cayman Islands.

CREF is the largest annual energy market gathering in the Caribbean, with a particular focus on clean energy. Through events, webinars and market insights, conference organizers New Energy Events LLC have supported the global clean energy transition since 2009.

The forum continues to bring together policymakers, regulators, utilities, investors, developers and financiers in an environment that encourages the market to meet and network, with a view to inspiring action in the industry .

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Barclays awards $255,000 to small businesses as part of ‘Small Business Big Wins’ promotion https://islandcrisis.net/barclays-awards-255000-to-small-businesses-as-part-of-small-business-big-wins-promotion/ Tue, 03 May 2022 18:22:00 +0000 https://islandcrisis.net/barclays-awards-255000-to-small-businesses-as-part-of-small-business-big-wins-promotion/ Through essays and photos, more than 4,750 small businesses from across the country shared their compelling stories of resilience in a landscape forever changed by COVID-19 and how they met the unique demands of 2021 through promotion.” Small Business Big Wins” presented by Barclays. The top 10 were selected and presented online at BarclaysSmallBizBigWins.com for […]]]>

Through essays and photos, more than 4,750 small businesses from across the country shared their compelling stories of resilience in a landscape forever changed by COVID-19 and how they met the unique demands of 2021 through promotion.” Small Business Big Wins” presented by Barclays. The top 10 were selected and presented online at BarclaysSmallBizBigWins.com for a public voting period which took place April 13-22.

With hospitals often overwhelmed, Ashland’s Birthing Center has become a safe space for expectant mothers during the pandemic, providing a full range of prenatal, labour, delivery and postpartum services.

“Throughout this pandemic, the small business community has been forced to pivot and adapt during unprecedented times,” said Nancy Parnell, director of American business cards at Barclays. “At Barclays, we know that small businesses are the economic engine of their local communities, and we are honored to share their stories of perseverance and provide financial support to help them continue to thrive.”

The competition was sponsored by the Barclays Business Cards team, which has a long history of supporting business owners of all sizes with its wide range of cards that offer business owners rewards for dollars spent on their business needs. .

In addition to $60,000 grand prize, Barclays rewarded $40,000 to Nordic-Knot from Reston, Virginiafor second place; $20,000 to Superfit Hero from Riverside, California, for third place; and $5,000 to each of the remaining top 10 finalists. Barclays also rewarded 50 contest entrants $2,000 each by lot, totaling $255,000 in support of 60 small businesses across the country.

“I am so happy and excited to share this with our staff and our communities,” said savita jones, owner of Ashland Birthing Center. “Our communities did it. They brought us here. Now they’re going to keep us here. We’re going to buy our current building and stay here.”

The full list of finalists includes:

  • Ashland Birthing Center Ashland, Wis. ($60,000): A parent guidance and support service provider that offers a wide range of midwifery services throughout pregnancy, newborn and postpartum childbirth.
  • Nordic-Knot Reston, Virginia ($40,000): A traditional Scandinavian pretzel baker who uses traditional “Nordic” dough to create all-natural, freshly baked, handmade pretzels and works with breweries to create pretzels that pair their signature beers with special grains.
  • Superfit Hero Riverside, California ($20,000): A size-inclusive sportswear company that offers quality plus-size clothing for athletes that also offers full coverage, moisture-wicking technology and a range of compression options.
  • Advanced and Innovative Multifunctional Materials LLC (AIMM) Dayton, Ohio ($5,000): A materials science company and lab focused on water purification and self-disinfecting N95 masks that is also working to develop unique materials with antimicrobial properties.
  • BoCa Flavor Baltimore, Maryland ($5,000): A manufacturer of Caribbean– infused seasoning that takes a modern take on the traditional Caribbean seasoning, fusing staple island ingredients to bring an everyday blend to brighten up the kitchen.
  • Flagstaff Doulas Flagstaff, Arizona ($5,000): A healthcare and social support provider who specializes in guiding and assisting new parents, helping them deal with the questions and decisions many face before, during and after the birth of their child. new child.
  • Nudi Wear Kaneohe, Hawaii ($5,000): A sportswear manufacturer developed with the sustainability of our oceans in mind that also shares a percentage of its profits with organizations that preserve our seas.
  • Secret Blessings Robbinsville, North Carolina ($5,000): A custom inspirational accessories boutique that develops blankets, backpacks, pouches and more with inspirational words or encouraging phrases sewn into the fabric.
  • Socks Campaign Socks Socks Highland Ranch, Colorado ($5,000): A charity that collects socks which it then donates to needy homeless shelters around the denver Metropolitan area.
  • Stitchwitch Changes Santa Barbara, California ($5,000): A seamstress and designer who handles a wide range of sewing projects, from costume alterations and clothing adjustments, to home decor items like pillows, comforters, slipcovers and more.

For more information on the finalists, visit BarclaysSmallBizBigWins.com. For more information on Barclays business card offerings, visit BarclaysUS.com/Business.

About Barclays US Consumer Bank
Barclays US Consumer Bank is a leading co-branded credit card issuer and financial services partner in the United States that creates highly customized loyalty and customer loyalty programs for some of the travel, entertainment, retail, retail and nation’s most successful retail and affinity. The bank offers co-branded credit cards, small business credit cards, installment loans, POS financing, online savings accounts and CDs. For more information, please visit BarclaysUS.com.

Barclays is a British universal bank. We are diversified by business, by different types of clients and customers, and geographically. Our businesses include worldwide consumer and payment banking operations, as well as a leading, full-service global corporate and investment bank, all of which are backed by our services company which provides the technology, operations and functional services across the Group. For more information about Barclays, visit barclays.com.

SOURCEBarclays

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Broward Executives Visit Dubai Seeking Middle Eastern Investors – Sun Sentinel https://islandcrisis.net/broward-executives-visit-dubai-seeking-middle-eastern-investors-sun-sentinel/ Sun, 01 May 2022 12:01:13 +0000 https://islandcrisis.net/broward-executives-visit-dubai-seeking-middle-eastern-investors-sun-sentinel/ There are strong similarities between Fort Lauderdale and Dubai, the most populous Persian Gulf coast city in the United Arab Emirates. Both have man-made islands, beaches, international airports and seaports. Their local economies are heavily dependent on tourism, aviation, real estate and trade. But Dubai, which is 7,825 miles away, has a lot more of […]]]>

There are strong similarities between Fort Lauderdale and Dubai, the most populous Persian Gulf coast city in the United Arab Emirates.

Both have man-made islands, beaches, international airports and seaports. Their local economies are heavily dependent on tourism, aviation, real estate and trade.

But Dubai, which is 7,825 miles away, has a lot more of what Fort Lauderdale and other Broward County towns need: money.

Several weeks ago, the mayors of Fort Lauderdale, Broward and Miramar, along with heads of several private sector companies, traveled to Dubai at the city’s invitation to present a wish list of projects and business ideas that may be of interest to investors. The troupe attended both the 11th annual UAE Investment Meeting and a separate global government summit.

Over the years, the AIM meeting has evolved into a premium summit on global investment trends in areas ranging from financial services and insurance and banking to infrastructure, real estate, tourism, to trade and technology.

South Florida government officials, keen to take advantage of an increase in business relocations and the migration of high-income residents from other parts of the country, say they want to raise the profile of transportation systems locals, future technology companies and international trade in the region. Port Everglades.

But some Fort Lauderdale residents are wondering how much the trip for Mayor Dean Trantalis and three of his colleagues cost. After Trantalis published a newsletter describing the visit, which took place at the end of March, some questioned whether the trip was worth the price of airfare and room bills in a city that is a world leader in 5-star hotels. . The South Florida Sun Sentinel sent a public records request to City Hall on April 18 for details on the cost of the trip, but is still awaiting a response.

No information was immediately available from Broward and Miramar County, whose mayors also visited Dubai.

Fort Lauderdale resident Robert Walsh speculated that the “around the world” trip would cost up to $30,000.

“Wait until you get the bill,” he said. “The mayor and the staff did not go there for free. You and I paid for it. It’s a hard pill to swallow. With the economy, people are paying so much for food and rent. The timing is off.

(Jon Gambrell/AP)

But the United Arab Emirates, of which Dubai is a part, have been doing business in Florida for several years, according to Enterprise Florida, the state’s economic development arm. In an email, a spokeswoman, citing the US Bureau of Economic Analysis, described the ways:

  • There are 13 UAE-owned establishments in Florida employing 400 Floridians in 2019. This ranks the UAE 27th among foreign investors in Florida.
  • Florida’s two-way trade with the United Arab Emirates has averaged more than $1.3 billion over the past five years. Last year, Florida had a record trade year reaching over $160 billion in total merchandise trade.
  • Looking in the opposite direction, 33 Florida-based companies operate 103 subsidiaries in the United Arab Emirates.

“They have a lot of money and I guess there are limited opportunities in that area, so they are reaching out to other parts of the world,” Trantalis said. “We want to make sure Fort Lauderdale is on their radar.”

None of the officials returned home with freshly signed contracts that reflect new agreements. But all of them, including John Wensveen, executive director of the Alan B. Levan | NSU Broward Center of Innovation, said everyone made many new contacts that may well lead to new business later.

Here’s a quick look at where officials see potential deals and business ties in the region:

Mayor Michael Udine said he has met “a number” of sovereign wealth funds in Dubai looking to place their money in the form of investments in the United States, including in Florida.

“They see what’s happening in South Florida with the technology and what’s happening with the appeal of South Florida,” he said. “There is a lot of interest in the properties. There are a lot of things with Port Everglades that have a lot of potential for developing partnerships.

Udine and Jonathan Daniels, the CEO and executive director of the port who did not make the trip, say Dubai is in the market to find ways to access maritime markets in the Caribbean and Latin America, using the port Broward local as conduit.

“It’s a way for us to do import-export using Port Everglades as a hub-and-spoke port business,” Udine said. “It was definitely one of the most interesting.”

The mayor said talks have also emerged for Emirates Airlines to return to Fort Lauderdale-Hollywood International Airport. The airline began service between South Florida and Dubai from Broward in 2016. But it left at the start of the COVID-19 pandemic, to begin service later at Miami International Airport.

Trantalis said it spoke about the proposed beach tunnel project, which would run from the city center to the A1A national road, to interested investors and government officials in Dubai.

“At least one of the ministers is going to the United States in June and they will be stopping in Fort Lauderdale to further discuss the proposals we made while we were there,” he said in a statement. interview.

In his newsletter, the mayor said he’s stepped up the Fort Lauderdale sellout. “Companies around the world are waking up to this reality and want to be part of our incredible success story,” he wrote in his newsletter. “I know. I have just returned from leading a trade delegation to Dubai for talks where we met government ministers on expanding business opportunities and spoke with investment bankers about how they can contribute to our growth. Dubai is at the crossroads of the world and was an ideal place for us to foster trade.”

Mayor Wayne Messam said he too wants to keep his city of 143,000, the 13th most populous in the state, on the radars of Emirati investors.

“Miramar has more Fortune 500 companies headquartered or present than any other South Florida city,” he said. “There is a big interest”

“My goal was to position Miramar as an option for companies in the Middle East who might consider using South Florida as an access point to emerging markets in the Caribbean or Latin America or South Florida it -even,” he said.

Messam said he understands the trade minister and other ministers from Dubai will be visiting the United States this year “and that they plan to include South Florida as one of their stops.” We will continue the discussion. Our collective visit definitely piqued their interest to learn more.

The center, based at Nova Southeastern University’s Davie Campus, held its grand official opening last week, though it has been in operation since late last year.

It evolved as a public-private partnership between Nova and Broward County, who each contributed $7.5 million, while Alan B. Levan, a longtime Broward-based financial entrepreneur, contributed $2. $5 million. Its objective is to promote and support innovation, technology and entrepreneurship in the region.

Center CEO Wensveen and Udine suggested that there are models for the center to replicate from what they saw in Dubai. Udine said he visited the Dubai Future Foundation at Museum the Future and saw things that could be replicated for the center.

“This amazing model reinvents, inspires and designs the future of Dubai in partnership with the public and private sectors with the aim of making Dubai one of the most important cities of the future in the world,” he wrote in a post on Facebook. “Imagine a ‘mall’ with storefronts housing #incubators, #accelerators, innovative #nations, service providers, etc.”

Wensveen said he plans to establish “country offices” at the Levan center where governments could use the facility to help launch new businesses or expand existing ones. It is currently in talks with the Netherlands to initiate such an arrangement and has attracted interest from several Latin American countries.

Writer Susannah Bryan contributed to this story.

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A high-level Belize government delegation meets with multilateral development banks, U.S. government agencies, and Canadian government officials at the IMF and World Bank Spring Meetings in Washington, D.C. https://islandcrisis.net/a-high-level-belize-government-delegation-meets-with-multilateral-development-banks-u-s-government-agencies-and-canadian-government-officials-at-the-imf-and-world-bank-spring-meetings-in-washington/ Thu, 28 Apr 2022 17:49:09 +0000 https://islandcrisis.net/a-high-level-belize-government-delegation-meets-with-multilateral-development-banks-u-s-government-agencies-and-canadian-government-officials-at-the-imf-and-world-bank-spring-meetings-in-washington/ Views : 59 Posted: Thursday, April 28, 2022. 11:49 a.m. CST. CONTRIBUTED BY THE MINISTRY OF ECONOMIC DEVELOPMENT: The deputy. Christopher Coye, Minister of State, Ministry of Finance, Economic Development and Investment, led a high-level delegation of Belizean officials, including Mr. Joseph Waight, Financial Secretary, Ministry of Finance, Mr. Kareem Michael, Governor, Central […]]]>



Views :
59

Posted: Thursday, April 28, 2022. 11:49 a.m. CST.

CONTRIBUTED BY THE MINISTRY OF ECONOMIC DEVELOPMENT: The deputy. Christopher Coye, Minister of State, Ministry of Finance, Economic Development and Investment, led a high-level delegation of Belizean officials, including Mr. Joseph Waight, Financial Secretary, Ministry of Finance, Mr. Kareem Michael, Governor, Central Bank of Belize, Dr. Osmond Martinez, Managing Director, Ministry of Economic Development, and Ambassador Lynn Young, Ambassador of Belize to the United States and Canada, in Washington, DC, April 19-22, 2022, where they held a series of meetings with senior representatives of the International Monetary Fund (IMF), the World Bank (WB), the Inter-American Development Bank (IDB), the Millennium Challenge Corporation (MCC) and the Development Finance Corporation (DFC) ) the United States.

The Belize delegation also met with senior officials from the US Treasury and the Office of the Comptroller of the Currency, and further held a bilateral meeting with the Minister of International Development of the Government of Canada, the Honorable Harjit S. Sajjan. At the invitation of the IMF, Minister Coye remarked on Belize’s experience and approach to fiscal consolidation while maintaining social cohesion at the IMF Western Hemisphere Directors’ Meeting of Ministers Caribbean Finance and Central Bank Governors. Similarly, at the invitation of the World Bank, Minister Coye remarked on the acute challenges facing the Caribbean at the World Bank’s Managing Director’s Meeting of Caribbean Governors.

The objectives of the mission were to: (i) strengthen relations between Belize and its various multilateral and bilateral partners; (ii) inform its partners of Belize’s experience and the way forward; (iii) address current challenges, including correspondent banking relationships and financial risk reduction; (iv) focus on national priorities including education, support to MSMEs, energy/electricity costs, poverty reduction, climate resilience and debt sustainability; (v) discuss projects underway and in the pipeline; and (vi) obtain additional support from its partners, through financial and technical assistance, to meet government priorities and advance its Plan Belize initiatives.

The Belize delegation was well received by all its multilaterals who endorsed the remarkable efforts of this administration and indicated their willingness to make available significant financial and technical resources in support of Belize’s sustainable economic and human development in many many areas, including education, digitalization, renewable energy and the development of a carbon credit framework.

On behalf of the government and people of Belize, Minister Coye thanked our multilateral, bilateral and private sector partners for their continued commitment to Belize.

For more information, please contact:

Osmond Martinez, PhD., Belize CEO and NDA with GCF at ceo@med.gov.bz.

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Strategies to develop to deal with contract killings – Magnetic media https://islandcrisis.net/strategies-to-develop-to-deal-with-contract-killings-magnetic-media/ Wed, 27 Apr 2022 01:01:59 +0000 https://islandcrisis.net/strategies-to-develop-to-deal-with-contract-killings-magnetic-media/ By Sherrica Thompson Personal editor #Bermuda, April 26, 2022 – Bermuda’s Deputy Prime Minister and Home Secretary, Walter Roban, urges island states, especially British Overseas Territories, to devote the same enthusiasm they have to crafting development proposals and opportunities for international investors to invest and protect the environment domestically and internationally. In his address to […]]]>

By Sherrica Thompson

Personal editor

#Bermuda, April 26, 2022 – Bermuda’s Deputy Prime Minister and Home Secretary, Walter Roban, urges island states, especially British Overseas Territories, to devote the same enthusiasm they have to crafting development proposals and opportunities for international investors to invest and protect the environment domestically and internationally.

In his address to the first Turks and Caicos Islands Climate Change Conference on April 22, Earth Day, the Deputy Prime Minister highlighted the effects and impacts of climate change on the small islands like Bermuda and ICT, noting that small island states and other developing countries are at the forefront of climate change impacts, and that is something that cannot be underestimated. As a result, he said, we (island states) must have strong regulatory frameworks, especially for environmental protection.

“Bermuda has done a lot of work on this and is happy to share this with TCI and other islands. We’ve had environmental protection since the 1600s, so we have a history of that, and we have, even at the over the past two decades, has done a lot to improve legislative protections and also enforcement,” said Minister Roban.

Roban also encouraged that it is important for island states to ensure that they also have strong regulatory frameworks around the energy sector and that island states should seek outside investment in this sector.

“We must also seek to encourage outside investment in green, solar, wind, ocean technologies and have a coordinated strategic approach to climate change around these technologies and effectively design and implement aggressive global plans that will mitigate and adapt. to the effects of climate change,” said Roban.

Thanks to the work Bermuda has done over the years on climate change, the country has been able to secure funding from the UK government to conduct a comprehensive climate study which will undertake a vulnerability assessment of key infrastructure in Bermuda, such as its airport, ports, public roads, power generation, underground infrastructure, utilities and communications, waste and energy plant, and wastewater management systems.

The study, Roban explained, will focus on the impact of climate change on the island of Bermuda. He further explained that the study should make predictions with the projection schedule for the best and worst climate scenarios in the short, medium and long term. When completed, it will allow Bermuda to project the impact that the areas conducted in the study will have on the country for 50 to 100 years.

Minister Roban stressed that these are the kind of projections island states need to have and understand in order to consider their decision-making and encouraged small island states in the region to conduct studies like these, even if it requires them to work together to do so.

“Small Island States in the region, if you are not able to pursue these studies individually, you can jointly support these studies together. This is one of the ways we can work together instead of assuming alone the full investment of these comprehensive studies, and we can create a pool of resources that will enable us to benefit from the results of these studies,” explained the Deputy Prime Minister.

He said island states should share these studies so that others can benefit from them.

“We need to share the results of these studies with each other because anything Bermuda learns about what is happening in Bermuda can benefit the Turks and Caicos Islands, the British Virgin Islands and others,” Roban said. .

Roban also encouraged island states to take advantage of other opportunities that exist that allow for a study of their territories.

“I also encourage you to take advantage of academia; academia is often keen to come to our territory and work with us to complete these studies and sometimes they do it themselves without any financial commitment because it is part of building their own resource base,” said the Deputy Prime Minister.

He added that: “universities, international organizations and research institutes are out there who want to work with us to study and do these studies, pursue, investigate and invite them on terms that are mutually beneficial to you.”

The Home Secretary also noted that it is important for island states to become strong voices in the campaign for climate action and “become our own advocate in the fight against climate change. As overseas, we need to work together.

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