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Liberty Latin America COVID-19 Employee Fund to be managed by C&W Charitable Foundation

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#Denver, Colorado – May 4, 2020: Liberty Latin America Ltd. (“Liberty Latin America” or “LLA”) (NASDAQ: LILA and LILAK, OTC Link: LILAB), parent company of C&W, today announces that it has established the COVID-19: LLA Employee Emergency Assistance Fund (“Fund”) to provide direct relief to eligible employees and their families who are facing unforeseen financial distress or an emergency hardship as a result of the novel Coronavirus (COVID-19) pandemic. The Fund will be seeded with an initial contribution of more than $300,000 from the Liberty Latin America Board of Directors. Additional funds will be raised through an online giving campaign, which also kicks off today.

President and CEO of Liberty Latin America, Balan Nair, said, “These are uncertain times, but the way we are seeing our employees come together to support one another and lift each other up is a true testament to the culture we have created across our business. Our employees come first, and this is at the heart of who we are at Liberty Latin America. We want our employees to know that we are here for them and their families throughout this crisis and we will be here long after it’s over.”

The COVID-19: LLA Employee Emergency Assistance Fund will be administered by the Cable & Wireless Charitable Foundation, Inc., a 501(c)(3) public charity. All full-time employees of Liberty Latin America or any of its subsidiaries will be eligible to confidentially apply for needs-based assistance, while donations made through the online giving campaign may be tax-deductible for U.S. based taxpayers.

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In conjunction with the launch of the Fund, Liberty Latin America has continued to deliver essential connectivity to customers, communities, and countries in the region when they need it most. LLA is more committed than ever to the Caribbean and Latin America and has engaged in a range of initiatives to support local communities during this pandemic. Some specific examples include:

  • In the Caribbean, through the Cable & Wireless Charitable Foundation, Inc., we have funded One on One Educational Services Limited to provide virtual learning access to over 130,000 students across the Caribbeanat no cost to them. The virtual education platform, which offers a wide array of educational content, enables students to continue their studies at home during the COVID-19 crisis.   
  • In Chile, we have partnered with the government to roll out an educational channel, VTR TV COVID-19, on our grid that creates awareness around the virus and provides practical tools and tips to help stop the spread.Programming includes original informative content produced by the VTR Foundation and is in partnership with the local government.
  • Through Liberty Puerto Rico, we have Channel 85 and general programming that includes COVID-19 content focused on education, prevention, and financial support available for individuals and businesses from local and federal governments and private organizations.
  • In Panama, we have Channel 19 and +Movil – COVID-19, with programming in partnership with the Ministry of Health (MINSA) and in alliance with the State Radio and Television System (SERTV).
  • And across all our markets we are issuing public service announcements and actively working with local governments to zero rate certain essential services, allowing customers to reach critical government services free of charge.

Those interested in making a contribution to the COVID-19: LLA Employee Emergency Assistance Fund are encouraged to do so by visiting this link to access the secure online donation portal.

The safety of our employees, their families, our customers, and the communities where we operate is our primary consideration. To learn more about our COVID-19 response, watch this video and view our official statement here.

Magnetic Media is a Telly Award winning multi-media company specializing in creating compelling and socially uplifting TV and Radio broadcast programming as a means for advertising and public relations exposure for its clients.

Caribbean News

CARICOM pushes need for Reparations Tribunal at Forum in Geneva

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Rashaed Esson
Staff Writer 

Words are in circulation in support for the establishment of an international tribunal, geared towards seeking reparations for centuries long transatlantic slave trade, after a CARICOM official made calls at the third session of the Permanent Forum on People of African Descent (PFPAD) in Geneva, Switzerland.

During day two of the gathering held from April 16 to 19, 2024, David Comissiong, Barbados Ambassador to the Caribbean Community, stated there is a need for the tribunal as there is currently no international court to deal with the issues of reparations.

Commision, like the other members that support his view, according to reports, are aware this won’t be an easy feat, as he expressed that establishing the tribunal would require a “positive decision” by the UN General Assembly, further  calling on the officials at the Forum and the UN, to come together through international collaboration and “make this happen.”

The idea creation of the tribunal was born last year 2023, suggested by the PFPAD, now reiterated by Comissiong.

Antonio Guterres, the UN Secretary General, in a video, addressing the opening of the forum, supported the ongoing calls for respiratory efforts, a sentiment not shared by many.

Mentioning that racism is still an issue in today’s society, Guterres said, “ now we must build on that momentum, to drive meaningful change by ensuring that people of African descent enjoy the full and equal realization of their human rights; by stepping up efforts to eliminate racism and discrimination, including through reparations.”

 

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Caribbean News

CARICOM sends warning as Oil prices creep higher in the Israel v Iran conflict; 14 regional states import energy

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Garfield Ekon
Staff Writer

The recent attack on the Sate of Israel by the Islamic Republic of Iran, has delivered growing uncertainty across the Caribbean region, and the rest of the global economy.

Chief among the many concerns, is the free flow of oil from the Middle East, which stands at 31% of daily production for the global economy. At minimum, shipping costs are likely to increase based on the increased risk of military action in the Persian Gulf.

Pressure is also building on US and European insurance clubs to avoid any transaction, including those with China, that involve Iranian crude and additional rerouting of oil and gas shipments in response to Houthi threats, or Allied responses.

According to the Caribbean Community Council of Foreign and Community Relations (COFCOR), “these developments not only exacerbate the already tense situation but also pose significant threats to regional stability and international peace,” the group warned in a media statement.

It added that the continued cycle of retaliation, including the recent attack on Israel by Hamas, Israel’s “disproportionate response” in Gaza, and the “alarming new dimension of direct confrontations between Israel and Iran, leads to an untenable situation fraught with potential for greater regional conflict and global instability.

“The human toll of this conflict, highlighted by tragic incidents such as deaths and injuries to children, demand an immediate and empathetic response from the global community. It is imperative that there be no further escalation that can lead to more suffering and instability,” it said.

While calling for an immediate cessation of hostilities between Israel and Iran, the regional body underscored that it strongly urges both nations to halt any further military actions that could worsen the situation, endangering not only their own populations but also the broader international community.

“We implore all parties to consider the severe consequences of further conflict and to commit to diplomatic solutions that ensure the safety, sovereignty, and dignity of all people involved,” the CARICOM statement said.

On October 6, 2023, the day before Hamas attacked Israel, the international benchmark Brent crude was trading at $85 per barrel and has been fluctuating at up to $96.

On Thursday, it traded at $91 per barrel. With the exception of gas-rich Trinidad and Tobago, the 14 other countries of CARICOM, are energy importers.

Approximately 93 percent of the region’s energy needs are met by oil imports, which average 13% of Gross Domestic Product (GDP).

 

 

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Caribbean News

Gov’t Committed to Seeking Reparations for Chattel Slavery – Minister Grange

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KINGSTON, April 16 (JIS):
Minister of Culture, Gender, Entertainment and Sport, Hon. Olivia Grange, says the Jamaican Government remains committed to seeking reparations for the prolonged period of chattel enslavement endured by the African forefathers on the country’s plantations.
Minister Grange said that the historical events of the transatlantic slave trade continue to have a lasting impact on Black communities to this day.
She contended that the ongoing struggles to finance education and healthcare, address poverty and housing issues, respond to economic shocks and climate change impacts, and foster peaceful societies are all rooted in the historical legacy of enslavement.
Minister Grange was addressing a church service on Sunday (April 14) at the Webster Memorial United Church in St. Andrew, where an apology was issued on behalf of the United Reform Church (URC) in the United Kingdom (UK) by Moderator of the Assembly of the URC, Reverend Tessa Henry-Robinson, for the church’s  historical involvement in slavery.
“We, the general assembly of the United Reform Church, mindful of our own history and that of our antecedent bodies, wish to confess and apologise for our role in transatlantic slavery and the scars which continue to blight our society, our church and the lives of Black people in our midst and around the globe today,” the apology read.
Minister Grange, in accepting the apology, urged UK churches, particularly those whose representatives were present for the historic apology in Jamaica, to communicate to their government the ethical imperative of admitting culpability through an apology and working with Jamaica to discern the potential avenues for reparations.
She said that the church’s role in the transatlantic slave trade has had significant and enduring effects on Black communities, impacting society, the church itself, and the lives of Black individuals worldwide.
“It is this complicity of the church that gave solace and comfort to the citizens and governments of UK and Europe as they endorsed and defended with their military project, that saw the capture, the torture, the dehumanisation, and devaluation of African people, legacies of which we experience today as racism, white supremacy, and discrimination,” she stated.
“We struggle to build peaceful, stable societies because of the perpetration of violence which was the platform on which enslavement was executed yet, in spite of this, we have been good converts to these same religions. Our people have adopted and adapted the doctrines and rituals of these new religions and in many instances have energised and revitalised them with cultural practices of African spirituality,” the Minister emphasised.
The URC is a community of Christians gathering in local churches across England, Scotland, and Wales, and is part of the global family of Reformed Churches, comprising more than 70 million Christians.
With approximately 42,000 members in around 1,200 congregations, supported by more than 600 ministers, the URC plays a significant role in the spiritual and communal life of its members and the broader community.
CONTACT: BRITNEY STEVENS

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