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CARICOM Speaks Out On CL, Stanford

CaribWorldNews, BASSETERRE, St. Kitts, Weds. Mar. 18, 2009: Caribbean leaders are of the view that the recent financial problems posed by two companies in the region may have significant implications for policy-holders, depositors and investors.  In a statement issued at the just concluded 12th Inter-Sessional in Belmopan, Belize, the heads of government noted the Caribbean financial sector is generally considered ...

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Guyana`s Roger Khan Cuts Deal With Prosecutors

CaribWorldNews, NEW YORK, NY, Weds. Mar. 18, 2009: A Guyanese-born self-confessed drug dealer could spend the next 15 years in jail after admitting to cocaine trafficking, weapons charges and witness tampering. But it’s a far cry from the sentence Shaheed Roger Khan could have obtained had he gone to trial. Instead, in a major twist of events this week, Khan ...

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Stanford Victims Creates International Coalition

CaribWorldNews, NEW YORK, NY, Tues. Mar. 17, 2009: Investors of the now seized Stanford Financial Group are uniting to fight for the recovery of billions of dollars. A group calling themselves the Stanford Victims Coalition, has been formed, according to a press statement sent Monday to CWNN. The group, which describes itself as an `international group of Stanford Financial Group ...

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Caribbean Sees Drop In Remittances

CaribWorldNews, WASHINGTON, D.C., Tues. Mar. 17, 2009: Remittances to the Caribbean dropped by over five percent in the last three months of 2008, Inter-American Development Bank data showed Monday. A 2008 graph of remittance flows unveiled yesterday showed money transfers to the region turned negative in the last quarter of 2008 by almost six percent, a trend that was also ...

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Man Found Guilty Of Murder Of Former Jamaica Ambassador

CaribWorldNews, KINGSTON, Jamaica, Tues. Mar. 17, 2009: A 25-year-old man was yesterday found guilty of manslaughter in the murder of former Jamaica trade ambassador, Peter King. Sheldon Pusey was found guilty by a 12-member jury who arrived at a manslaughter verdict. Pusey, of St. Mary, was charged in 2007 with the March 20, 2006 murder of King. King was found ...

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Stanford Owes IRS Millions

CaribWorldNews, NEW YORK, NY, Tues. Mar. 17, 2009: Seems the former billionaire known as Sir Allen Stanford did not think he had to pay U.S. taxes. The Internal Revenue Service claims the alleged swindler owes them at least $226.6 million in back taxes. The agency has filed a motion in the U.S. District Court in Dallas claiming Stanford and his ...

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What Now For Sir Allen Stanford?

CaribWorldNews, NEW YORK, NY, Weds. Feb. 18, 2009:  Now that the Securities and Exchange Commission has filed formal charges against financial adviser and Texas billionaire Robert Allen Stanford, what exactly happens next? For one thing, Stanford, a top political donor and largely celebrated by many Caribbean nationals in the region and the U.S., has to be officially arrested and charged. ...

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Is4we.Com, The World’s First And Only Caribbean Dedicated Search Engine Launched

CaribPR Wire, NEW YORK, NY, Weds. Feb. 18, 2009: Persons wishing to surf the net for Caribbean content without having to navigate a sea of spam and billions of unrelated pages, can now finally do so.  is4we, Inc., a small up-and-coming IT outfit headquartered in Dominica, on January 13th 2009, launched http://www.is4we.com, a Search Engine dedicated to serving exclusive Caribbean ...

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Caribbean American AG Sees U.S. As `Essentially Nation Of Cowards` On Race

CaribWorldNews, WASHINGTON, D.C., Thurs. Feb. 19, 2009: The U.S.` first Caribbean American Attorney General stirred controversy in some quarters on Wednesday by declaring that the U.S in many way was `essentially a nation of cowards.` Eric Holder, Jr., at the Department of Justice African American History Month Program insisted that, `Though this nation has proudly thought of itself as an ...

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French President To Meet With Guadeloupe Officials Today

CaribWorldNews, PARIS, France, Thurs. Feb. 19, 2009: French President Nicolas Sarkozy is set to meet officials from Guadeloupe in Paris today. The meeting comes following the death of one person following  month-long riots and strikes on the dependent French territory over the rise in the cost of living. The dead man has been identified as union official Jacques Bino, who ...

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