Connect with us

Caribbean News

Mario Rigby maybe crossing Middle Caicos now in Caicos Challenge

Published

on

TurksandCaicos, May 3, 2021 – Mario Rigby, Eco Explorer who has already crossed the continent of Africa in a solo exploit on foot began the Caicos Challenge on Friday, April 30 in a kayak leg from Salt Cay to Grand Turk. Saturday morning, he slid into the kayak again for a voyage over 40k, which he labelled the most dangerous part of the expedition expected to span up to six days.

His team informed that Friday evening meant lots and lots of rest and lots and lots of carbs for the paddle cutting through the Turks Island Passage. To give perspective on the distance Mario Rigby crossed on the open Atlantic ocean; Providenciales is recorded as being 23 miles long, the distance from Grand Turk to South Caicos is 25 miles.
Photos of Mario Rigby’s progress were shared; he trimmed a significant amount of time off the 40km leg; beating his estimation by over two hours. A fantastic feat for Rigby who hails from Providenciales, Turks and Caicos and is also a citizen of Canada.

Caribbean News

Deputy Premier Spot on, TCI TODAY Removed from EU Blacklist

Published

on

Deandrea Hamilton

Editor

#TurksandCaicosIslands – February 20, 2024Sixteen months after being added to the European Union’s Black List for non-cooperative tax jurisdictions, the Turks and Caicos Islands is now off that list.

“Today,the Council removed The Bahamas, Belize, Seychelles and Turks and Caicos Islands from the list of non-cooperative jurisdictions for tax purposes.”

The release explicitly states that in the case of the Turks and Caicos and The Bahamas, “ever since October 2022, deficiencies in the enforcement of economic substance requirements had been identified in both of these jurisdictions by the OECD Forum of Harmful Tax Practices (FHTP).”

It was recommended for remedy to the deficiencies has now been “converted from hard to soft recommendations,” said the statement.

That pivot was fundamental in the de-listing of the two countries said the information from the Council.

“…which allowed the Code of Conduct Group to consider these jurisdictions with no or only a nominal corporate income tax.”

When Magnetic Media spoke to E. Jay Saunders, Turks and Caicos Deputy Premier and Finance Minister in March 2023 he had full confidence that it was only a matter of time before the TCI was given a more favourable position with the EU. 

“There is no question about it. I’m confident that by February 2024, we will be off the list– I’m completely confident and there are no lasting repercussions.”   

 It had been sub-par computer systems that landed the TCI on the list.  The Deputy Premier, at the time offered that the EU was being too dramatic and its language, disproportionate surrounding the issue. 

That black listing and gray listing is often viewed as a black eye in the financial services sector, therefore this announcement today is vindication for the TCI and a huge plus for the Fintech ambitions of the Misick-led government.

 Twelve others remain with the unsavory categorization including Caribbean neighbours: Trinidad and Tobago; US Virgin Islands; Anguilla and Antigua and Barbuda.

Continue Reading

Caribbean News

Jamaica hosts 2nd Global Tourism Resilience Conference

Published

on

Rashaed Esson

Staff Writer

 

#GlobalTourism#Jamaica, February 19th, 2024 – Strengthening the future of global tourism against growing climate challenges, Jamaica hosted the 2nd Global Tourism Resilience Conference in Montego Bay from February 17th to the 18th, featuring high level delegates from the around the world, such as the Secretary General of the United Nations World Tourism Organization and spearheaded by its co-founder, Edmund Bartlett, the Minister of Tourism for Jamaica. The conference was under the theme “Navigating the Future of Tourism Resilience,” and addressed the swift need for more innovative strategies to combat the growing challenges that threaten Tourism. Sustainable tourism practices, crisis management, digital transformation, and the importance of promoting global partnerships, were among the topics discussed. 

 

Continue Reading

Caribbean News

Dengue in Peru-Over 12 Thousand Cases

Published

on

Rashaed Esson

Staff Writer

 

#Dengue#Peru, February 19th, 2024 – Since the start of the year, there have been more than thirteen thousand cases of dengue in Peru, with over three thousand in the fifth week alone, according to the Peruvian Ministry of Health. The northern region reportedly has the highest number of cases. Revealed in a February 16th report by the United Nations Office for the Coordination of Human Affairs, this represents a 53.4 percent increase in cases compared to 2023. This massive increase is linked to prolonged heat waves caused by the El Nino effect, the ministry reporting over 100 consecutive unusually hot days and more than 200 warm nights. Higher temperatures create favorable conditions for dengue transmission.

Continue Reading

FIND US ON FACEBOOK

TRENDING