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Items tagged with: investors
Tag was last used: Apr 5, 2009
 
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Posted By:  zephyr
Posted On:  Apr 5, 2009

  Guyana government to bear cost if efforts to recover Bahamas investments fail, says president
GEORGETOWN, Guyana: President Bharrat Jagdeo says the Guyana government may phase an allocation of US$34 million over a ten-year period to be borne by the treasury should the monies invested by CLICO Guyana in CLICO Bahamas not be recovered, further bolstering the guarantee he made to...... [view]
Posted By:  zephyr
Posted On:  Mar 16, 2009

  Guyana goes after CLICO Bahamas
By CANDIA DAMES, Guardian News Editor - candia@nasguard.com: As creditors of CLICO Bahamas line up to collect debts owed by the beleaguered insurance firm, authorities in Guyana have assembled a legal team of Bahamian and Guyanese attorneys charged with recovering what the country...... [view]
Posted By:  zephyr
Posted On:  Mar 13, 2009

  Oil-rich Trinidad forced to borrow more after CLICO bailout
By Oscar Ramjeet: Caribbean Net News Special Correspondent - Email: oscar@caribbeannetnews.com: PORT OF SPAIN, Trinidad: CL Financial’s crisis will force the Trinidad and Tobago government to borrow more this year to sustain its rescue of the cash-strapped conglomerate. Central...... [view]
Posted By:  zephyr
Posted On:  Mar 7, 2009

  CLICO-Guyana problems not unique
GEORGETOWN, Guyana (GINA): The recent developments of the Colonial Life Insurance Company (CLICO) are not unique to Guyana as subsidiaries of four islands have also been affected by the recent financial troubles facing CLICO’s parent company, the Trinidad-based CL Financial. The governments...... [view]
Posted By:  zephyr
Posted On:  Mar 6, 2009

  Cayman orders CLICO to 'cease and desist'
GEORGE TOWN, Cayman Islands: The Cayman Islands Monetary Authority has instructed CLICO (Cayman) Ltd to stop its public investment business activity until company accounts are approved by the Authority. A CIMA media release stated that in an order issued on Tuesday (3 March), it told CLICO...... [view]
Posted By:  zephyr
Posted On:  Dec 17, 2008

  The unjustifiable destruction of the environment
Reflections Of Fidel: CAN capitalist society avoid it? News about the issue is not encouraging. In Poznan, they are discussing the project to be presented in December of next year in Copenhagen, where the agreement that will replace the Kyoto Protocol will be discussed and voted on. The...... [view]
Posted By:  zephyr
Posted On:  Oct 6, 2008

  Rescuing the rescue plan
By ASIM ERDİLEK: What a turbulent and dramatic week it was for the US and the global economies, with sudden political uncertainty about the fate of the bailout plan on top of the worsening financial crisis! The rescue plan had to be rescued itself with political scrambling and...... [view]
Posted By:  zephyr
Posted On:  May 23, 2008

  Bahamas Trade Unions Stand Divided
Unions Still Divided as Labour Day Approaches: By TOSHEENA ROBINSON-BLAIR - Nassau, Bahamas: While nixing the idea that the country’s two umbrella unions would finally unite to stage one major Labour Day march, leaders affiliated with the Trade Union Congress (TUC) unveiled plans on...... [view]
Posted By:  zephyr
Posted On:  Apr 1, 2007

  Hubert Ingraham (FNM) - Opposition Leader - Blasts Bahamas (PLP) Government “Land Giveaways”
Ingraham Blasts “Land Giveaways” By Candia Dames - Nassau, Bahamas: Accusing the PLP government of having a record of "fantasy, twisted half truths, exaggerations and distortions", FNM leader Hubert Ingraham last night sought to set the record straight. Mr. Ingraham said he was...... [view]
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