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Turks And Caicos Premier Promises To Embrace A Neoliberal Economic Approach; gives TCIs the edge

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#TurksandCaicos, April 27, 2021 – The Progressive National Party promised a government that focuses on the needs of the people—from the employed, unemployed, employable, and not employable and while on a radio interview hosted by Drexwell Seymour on Tuesday, April 20, 2021, Premier, Hon. Washington Misick drummed down that  it is the responsibility of the government to look after its people. 

In offering the ‘how to’ on his neoliberalism agenda; Premier Misick said his government would balance physical, economic, and social development to ensure everyone in the Turks and Caicos Islands lives a standard quality life regardless of who they are and what they do for a living. The neoliberal kind of approach will allow every TCI citizen to grow and thrive economically, he said.

While quoting one of the famous Jamaican sayings, “An empty stomach is a bad political advisor,” Hon. Misick mentioned the various programs put in place by the government to help TCI people to get life moving even in the face of Covid-19 challenges. Such initiatives include tax exemptions and reliefs and economic stimulus funds to help businesses and those in dire need.

Neoliberalism is generally understood to limit the size, scope, interference and perhaps intrusion of government on the free market system.  Allowing ingenuities on how a society makes money and grows, to flourish without the bureaucracy and taxes and barriers of big government.  Others argue, Government must be involved in order to protect the vulnerable from poverty, violence, abuses like discrimination and the inability to ever get ahead. 

While the debate is vigorous, the Premier expressed commitment to the idea as working for the betterment of TCI’s people.

The Premier, as a result, talked about the availability of funding for small and startup businesses that are at the brink of closure due to the impact of the Covid-19 pandemic. He also urged the youth to make use of the money to grow their business. 

With 45% of people vaccinated, the country seems to be moving in the right direction towards fully reopening the country’s economy. 

On putting the interests of the TCI people first, Premier Washington Misick  spoke about introducing social engineering which prioritizes Turks and Caicos residents, over foreign applicants when it comes to job opportunities. 

Even though this might sound like a blow to non-citizens residents, the Premier said it’s constitutional and would help reduce the hiking non-employment rates among the locals. 

But that’s not all; there’s a flurry of activity going on to empower TCI residents and build a more robust post-Covid economy and the Premier said, during the show, there will be announcements made to expose those plans.

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The Turks and Caicos Islands attends Green Overseas Climate Change Resilience Community Regional Workshop on Coastal Hazards

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Participants and GO Green Coordinators (Hôtel de la Collectivité, Gustavia, Saint Barthélemy)

PRESS RELEASE

FROM THE DEPARTMENT OF

DISASTER MANAGEMENT AND EMERGENCIES

 

Providenciales, Turks and Caicos Islands – Wednesday, 18 June 2025: The Turks and Caicos Islands participated in The Green Overseas (GO) Climate Change Resilience Community workshop, which was delivered in both English and French, was held from 19th – 23rd May 2025 in St Barthélemy and Sint Maarten/Saint Martin.  This 5-day workshop brought together Environmental and Disaster Management Professionals from 15 Countries and Territories for Regional Collaboration on Climate Resilience and Risk Management Strategies.

As Climate Change accelerates and coastal threats intensify, Regional Experts are strategising to protect fragile ecosystems and communities.  This workshop featured presentations, discussions, and field visits aimed at strengthening local and regional capacity to better respond to climate-related coastal challenges.

Representing the Turks and Caicos Islands (TCI) were Mr. Angelo Duncan, Hazard Mitigation and GIS Manager from the Department of Disaster Management and Emergencies (DDME), and Ms. Britney Simmons, Land Use Planner from The Planning Department.  Both representatives contributed to discussions on national adaptation strategies and shared insights from TCI.

A highlight of the discussions was the use of Geographic Information Systems (GIS) in monitoring coral health, shoreline erosion, and habitat loss. By harnessing GIS technology, experts can make data-driven decisions to prioritise conservation efforts and enhance resilience-building strategies.

“At this workshop, it became evident that other Overseas Territories face unique, yet similarly pressing, environmental challenges,” said Angelo Duncan, Hazard Mitigation and GIS Manager. “The exchange of knowledge and strategic approaches among territories has strengthened our collective commitment to protecting and raising awareness for these vital environments. By continuing to share innovations and best practices, we move closer to a more resilient and sustainable future for all of our islands.”

Participants also visited key coastal sites in St. Martin and Saint Barthélemy, observing firsthand nature-based mitigation techniques and community-driven resilience efforts, that showcased innovative solutions that can be adapted in the Turks and Caicos Islands.

The event significantly expanded the GO Climate Change Resilience network, promoting ongoing collaboration across the region.

Countries and Territories in Attendance:
Turks and Caicos Islands, Anguilla, Bermuda, Curaçao, St. Martin, Falkland Islands, New Caledonia, French Polynesia, St. Pierre, British Virgin Islands, Bonaire, Tahiti, Tristan da Cunha, Aruba, and Saba.

 

PHOTO CAPTIONS:

1st insert: Angelo Duncan (Center), Britney Simmons (Right) at Sint Maarten National Flag Pole overlooking the city.

2nd insert: Britney Simmons Hazard Mitigation Planning Simulation

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Scotiabank Bahamas Hosts Exclusive Mortgage Seminar & Cocktail Event, Honours Top Referral Partners  

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Nassau, Bahamas – Scotiabank Bahamas recently brought together a distinguished network of real estate professionals, attorneys and industry partners for an exclusive Mortgage Seminar & Cocktail Event designed to share insights, deepen collaboration and celebrate the achievements of top performers in the Bank’s Mortgage Referral Programme.

The Mortgage event featured expert-led discussions that explored key elements of the homeownership journey, including Scotiabank’s industry-leading mortgage offerings, innovative financing solutions, and its commitment to service excellence. Note worthy were the contributions real estate professionals, attorneys and industry partners make to the bank’s referral program.

The program has not only helped thousands realize their homeownership goals, with up to 95% financing available, but has also proven to be a valuable tool for industry partners to earn. Some realtors and brokers have referred up to $50 million in mortgage loans through the program, a testament to its success and the strong relationships the Bank maintains with its professional network.

During the evening, awards were presented to top-performing agents and brokers who consistently referred clients to Scotiabank and demonstrated unwavering support of the Bank’s mission to deliver quality financial solutions.

“We are proud to recognize and celebrate the professionals who play such a vital role in helping people achieve the dream of homeownership,” said Na-amah Barker, Director of Retail Banking and Small Business, Scotiabank Bahamas. “Their trust in Scotiabank, paired with their commitment to their clients, is what makes our Mortgage Referral Programme so impactful.”

Scotiabank continues to be the preferred bank for mortgages in The Bahamas, thanks to its competitive rates, flexible financing options, and a deeply knowledgeable team of mortgage specialists who provide personalized guidance every step of the way. Working in tandem with a trusted community of real estate agents, brokers, and legal advisors, the Bank ensures that clients experience a smooth and informed mortgage journey from pre-approval to closing.

“Our network of referral partners is more than just a channel, it’s a community,” added Barker. “By working together, we’re creating a stronger, more supportive real estate ecosystem that’s centered on helping Bahamians build generational wealth through property ownership.”

Monica Knowles, Broker at Realty One Group Bahamas, praised the initiative and emphasized its significance for the wider market. Scotiabank continues to be the institution of choice for funding when acquiring a home.

Scotiabank Bahamas Hosts Exclusive Mortgage Seminar

Scotiabank extended its heartfelt appreciation to all who attended the seminar, shared insights and contributed to a memorable evening of collaboration and connection. The Bank remains committed to supporting its partners and clients alike, as it continues to lead in the mortgage space with integrity, innovation and impact.

Captioned Photos

Header: Demetri Mackey – Scotiabank Carmichael Rd branch manager & Jarissa Russell, Scotiabank East st & Soldier rd branch manager and guest presenter Wence Martin Attorney were panelist at the evening’s event.

1st insert: ERA Dupuch Real Estate team were happy to be in attendance a the Scotibank Mortgage Seminar.

2nd insert: James Galantis – agent at The Agency Bahamas Real Estate in conversation with industry colleague.

3rd insert: Lindsey Cancino – Bahamas Reality awarded Top Referral Partner with Na-amah Barker – Director of Retail Banking and Small Businesses

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On World Refugee Day, Global Solidarity Faces Critical Test

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On World Refugee Day, we reflect on the stories of millions forced from their homes. “Every individual carries a story of profound loss,” the UN Secretary‑General reminds us in today’s message. Refugees from Sudan, Ukraine, Haiti, and Myanmar—among other crises—highlight a surge in forced displacement matched by dwindling global support unhcr.org.

New figures from the UN High Commissioner for Refugees confirm this grim reality: more than 122 million people globally are forcibly displaced as of early 2025—up nearly 2 million from last year—while host nations, often low‑ or middle‑income, carry the heaviest burden

The World Health Organization adds that protecting the health of displaced people is “solidarity in action,” yet budget cuts threaten essential services in camps from Kenya to South Sudan.

The UN’s message is clear: refugees breathe courage and resilience, strengthening economies and communities when given opportunity. Yet xenophobia is rising; resettlement stalls, with under 8% of the world’s refugees finding safety abroadPublic opinion surveys show 67% support refugee protection, although 62% worry about economic impact.

Solidarity Means Action

On this day, unity must translate into support: humanitarian funding needs urgent replenishment; pathways to resettlement and asylum must be expanded; refugee voices need to shape policies; and long-term integration through education, decent work, and legal equality must become priorities.

“Becoming a refugee is never a choice,” the UN reminds us. But how the world responds is a choice. As crises persist—from Sudan’s civil war to Ukraine’s continued conflict—the choice is ours: uphold humanity and embrace solidarity, or let dwindling compassion define our legacy.

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