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Ten Caribbean destinations reaped $867 million from private jet vacationers in winter season

December 19, 2014
Ten Caribbean destinations reaped $867 million from private jet vacationers in winter season NEW YORK, USA -- Elite Traveler Magazine has just reported the top ten destinations to enjoy the benefits of private jet charter flights during last year's peak winter season, which resulted in revenues of $867 million from 12,566 flights. Nassau in The Bahamas, St Maarten and Turks and Caicos...

Expedia announces substantial growth in intra-Caribbean travel

December 11, 2014
Expedia announces substantial growth in intra-Caribbean travel BELLEVUE, USA -- Travel to the Caribbean has long been focused on the US traveler, but new data from the Expedia group, one of the world's largest online travel companies, revealed that intra-Caribbean travel is on the rise, with a 50 percent bump in demand in the first three quarters of 2014.

Ratings for Puerto Rico banks affirmed following peer review

December 6, 2014
Ratings for Puerto Rico banks affirmed following peer review NEW YORK, USA -- Fitch Ratings has completed a peer review of three rated Puerto Rican banks and has affirmed the Long-term Issuer Default Ratings (IDR) for Doral Financial Corp. (DRL) at 'C' and Popular Inc. (BPOP) at 'BB-' and First BanCorp (FBP) at 'B-'. The rating outlook is stable for BPOP and FBP.

Guyana government says all flights followed procedures, after private jet seized in Puerto Rico

December 4, 2014
Guyana government says all flights followed procedures, after private jet seized in Puerto Rico GEORGETOWN, Guyana -- In responding to speculation over the government’s link to the jet operated by Exec Jet Club LLC that was seized by Puerto Rican officials last month, minister of public works Robeson Benn said that all of the charter company’s flights have taken place in accordance with...

Identity trafficker in Puerto Rico sentenced to 81 months in prison

December 4, 2014
Identity trafficker in Puerto Rico sentenced to 81 months in prison SAN JUAN, Puerto Rico -- A leader of a Puerto Rican identity trafficking organization was sentenced on Wednesday to serve 81 months in prison. Enrique Rogelio Mendez-Solis aka Rogelio Quero-Mendez, Roberto Marquez-Prada, 40, a Mexican national formerly of Seymour, Indiana...

Banco Popular of Puerto Rico recognized as 'Bank of the Year' by leading magazine

December 4, 2014
Banco Popular of Puerto Rico recognized as 'Bank of the Year' by leading magazine SAN JUAN, Puerto Rico -- Banco Popular de Puerto Rico has received the prestigious “Bank of the Year Puerto Rico for 2014” award from The Banker, an international banking magazine published by The Financial Times. The Banker is read in 180 countries and was founded in 1926.

Guyana pilot detained in Puerto Rico with US$600,000 undeclared cash

November 28, 2014
Guyana pilot detained in Puerto Rico with US$600,000 undeclared cash SAN JUAN, Puerto Rico -- The pilot of an executive jet on a flight to Guyana was detained when it stopped to refuel in Puerto Rico on Saturday and agents from US Customs and Border Protection and Homeland Security Investigations searched the aircraft and discovered more than US$600,000 in undeclared currency.

Puerto Rico economic development secretary outlines strategic initiatives

November 24, 2014
Puerto Rico economic development secretary outlines strategic initiatives SAN JUAN, Puerto Rico -- Alberto Baco, Puerto Rico’s secretary of economic development and commerce, summarized initiatives and economic development strategies recently implemented as part of Puerto Rico's economic development plan, at the 14th annual Wall Street summit organized by...

Puerto Rico authorities apprehend 70 Haitian migrants

November 14, 2014
Puerto Rico authorities apprehend 70 Haitian migrants AGUADILLA, Puerto Rico -- US Customs and Border Protection (CBP) border patrol agents on Sunday afternoon apprehended 70 undocumented Haitian migrants that had landed on Saturday evening in Mona Island.  Border Patrol Ramey Sector Communications received a call from the Puerto Rico...

Dominican Republic man pleads guilty to conspiring with corrupt police officers in Puerto Rico

November 10, 2014
Dominican Republic man pleads guilty to conspiring with corrupt police officers in Puerto Rico SAN JUAN, Puerto Rico -- A Dominican Republic man has pleaded guilty to conspiring with corrupt police officers to commit a July 2012 robbery of a home in Bayamon, Puerto Rico. Fernando Reyes-Rojas, 43, of the Dominican Republic, pleaded guilty on November 6, 2014...

Arbitration claims filed by 140 Puerto Rico investors against Swiss bank

October 28, 2014
Arbitration claims filed by 140 Puerto Rico investors against Swiss bank PENSACOLA, USA -- Securities lawyers have filed 140 arbitration claims on behalf of Puerto Rico investors against UBS, Switzerland’s largest bank. The complaints allege that UBS provided unsuitable investment recommendations to investors and recommended concentrated investments in...

Former Puerto Rico mayor pleads guilty to soliciting and accepting bribes

October 25, 2014
Former Puerto Rico mayor pleads guilty to soliciting and accepting bribes SAN JUAN, Puerto Rico -- The former mayor of the municipality of Río Grande, Puerto Rico, pleaded guilty on Friday to soliciting and receiving approximately $39,000 in cash bribes from a contractor who sought to be awarded three construction inspection contracts with the municipality of Río Grande.

Puerto Rico authorities foil heroin smuggling attempt

October 24, 2014
Puerto Rico authorities foil heroin smuggling attempt SAN JUAN, Puerto Rico -- US Customs and Border Protection (CBP) officers assigned to San Juan Office of Field Operations discovered 2.55 kilograms (5.6 pounds) of heroin concealed within a vehicle arriving from the Dominican Republic on the ferry on Friday. While performing inbound inspections...

Puerto Rico marriage ruling welcomed

October 23, 2014
Puerto Rico marriage ruling welcomed WASHINGTON, USA -- Family Research Council (FRC) has praised the decision released on Tuesday night by US District Court Judge Juan M. Pérez-Giménez for upholding Puerto Rico's definition of marriage as a union of "a man and a woman" and "husband and wife." Judge Pérez-Giménez...

US border agents apprehend 32 Haitians landing in Monito Island, off Puerto Rico

October 18, 2014
US border agents apprehend 32 Haitians landing in Monito Island, off Puerto Rico AGUADILLA, Puerto Rico -- US Customs and Border Protection (CBP) Border Patrol Agents apprehended on Wednesday morning 32 undocumented Haitian migrants that landed Monday afternoon in Monito Island. Border Patrol Ramey Sector Communications Room received notification on...

Bermuda under hurricane warning

October 16, 2014
Bermuda under hurricane warning MIAMI, USA -- A hurricane warning was issued for Bermuda on Wednesday as Hurricane Gonzalo headed directly for the island, which is still recovering after being swiped by Tropical Storm Fay last Sunday, with some roads remaining blocked and thousands of homes still without power.

Puerto Rico announces plan for Port of the Americas

October 15, 2014
Puerto Rico announces plan for Port of the Americas SAN JUAN, Puerto Rico -- Puerto Rico is looking for a major international port operator to partner with on the development of the Port of the Americas, located in Ponce, on the southern coast of the island. The Port of the Americas site sits on over 300 acres, located just five miles from Mercedita Airport.

Gonzalo becomes a hurricane while moving through Leewards

October 14, 2014
Gonzalo becomes a hurricane while moving through Leewards MIAMI, USA -- Tropical cyclone Gonzalo strengthened into a hurricane on Monday as it passed through the northern Leeward Islands, with additional strengthening likely. A hurricane warning was in effect for the British Virgin Islands, St Maarten, St Martin and Anguilla.

Hurricane watch issued for Puerto Rico, Virgin Islands

October 13, 2014
Hurricane watch issued for Puerto Rico, Virgin Islands MIAMI, USA -- A hurricane watch was issued for Puerto Rico, Vieques and Culebra, and the British and US Virgin Islands as Tropical Storm Gonzalo moved through the Leeward Islands on Monday, with rain bands already affecting Guadeloupe, Antigua and Barbuda early Monday morning.

Fay moves away from Bermuda, as Gonzalo threatens Leewards

October 13, 2014
Fay moves away from Bermuda, as Gonzalo threatens Leewards MIAMI, USA -- Tropical Storm Fay moved away from Bermuda into the open Atlantic on Sunday after lashing the island with heavy rain and gusting winds, knocking out power for thousands of residents. Meanwhile, Tropical Storm Gonzalo formed east of the Leeward Islands on Sunday.

Former Puerto Rico police officer pleads guilty to 2012 robbery

October 9, 2014
Former Puerto Rico police officer pleads guilty to 2012 robbery SAN JUAN, Puerto Rico -- A former Police of Puerto Rico (POPR) sergeant and a civilian have pleaded guilty for their involvement in a July 2012 robbery, and an additional POPR officer has pleaded guilty to lying to federal agents. Jorge Fernandez-Aviles, 49, a POPR sergeant, pleaded guilty...

Heroin and over $2 million in smuggled currency seized in Puerto Rico

October 3, 2014
Heroin and over $2 million in smuggled currency seized in Puerto Rico SAN JUAN, Puerto Rico -- US Customs and Border Protection (CBP) officers discovered 1.15 kilograms (2.5 pounds) of heroin concealed within a vehicle arriving from the Dominican Republic on the ferry last Friday and, on evening Monday, CBP officers conducting ferry outbound operations at...

Puerto Rico authorities seize cocaine and heroin

September 27, 2014
Puerto Rico authorities seize cocaine and heroin SAN JUAN, Puerto Rico -- US Customs and Border Protection (CBP) field operations officers discovered 18.7 pounds of cocaine and 12.2 pounds of heroin concealed within a truck arriving from the Dominican Republic on Wednesday. The seized drugs have an approximate street value of $573,000.

Puerto Rico debuts as leading Caribbean yachting destination at Monaco Yacht Show

September 26, 2014
Puerto Rico debuts as leading Caribbean yachting destination at Monaco Yacht Show SAN JUAN, Puerto Rico -- Puerto Rico is participating in the Monaco Yacht Show this week, taking its Caribbean flair to the French Riviera to demonstrate why it is an ideal destination for yachters worldwide. The island's four marinas, yachting maintenance facilities, luxury attractions and natural beauty...

New investment in Puerto Rico exceeds $1billion

September 24, 2014
New investment in Puerto Rico exceeds $1billion SAN JUAN, Puerto Rico -- Last week, Nicholas Prouty, CEO of Putnam Bridge, announced the firm's plan to begin construction on the third phase of Ciudadela, a mixed-used development in the heart of Santurce. The project adds to a growing list of other large scale investments in Puerto Rico.

New Jersey food company focuses expansion efforts in Caribbean

September 24, 2014
New Jersey food company focuses expansion efforts in Caribbean PATERSON, USA -- As part of its effort to grow its export business, Kontos Foods, Inc., a New Jersey-based manufacturer and distributor of traditional Greek and Mediterranean foods for restaurants, hotels, food service, retail specialty stores and supermarkets worldwide, has increased expansion...

Commentary: The 'Ring the Bell' Campaign

September 24, 2014
Commentary: The 'Ring the Bell' Campaign There are times when events and circumstance combine to push an individual into doing things that would normally be considered ‘out of character.’ Such is the condition in which I now find myself as I set about launching this campaign in order to raise funds for what will be one of the hottest...

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