U.S. President Donald Trump has urged major oil companies to invest at least US$100 billion in Venezuela’s oil industry following the U.S. capture of President Nicolás Maduro. But executives from leading American oil firms say the country remains too risky for major investment. Speaking at a
Belize Telemedia Limited is pushing ahead with an eighty-million-dollar deal to acquire Speednet Communications, even as two other potential acquisitions fall apart under pressure. According to the Office of Lord Ashcroft, BTL will pay ten million in cash and finance the remaining seventy million through
Centaur Communications has officially walked away from negotiations for BTL’s proposed acquisition of the Centaur Group of Companies. Why? Political and reputational concerns. In a letter to BTL Chairman Markhelm Lizarraga, Centaur’s Jaime Briceño admitted the deal had commercial and strategic benefits, but says the
Big concerns tonight over the proposed BTL-Speednet buyout. Three business owners representing independent media houses, Channel 7, Plus TV, and XTV, formerly Krem Television, are speaking out. They held a press conference in Belize City, warning that this deal could threaten free speech, freedom of
Plus TV’s Louis Wade isn’t mincing words. He says he has no issue with Smart’s owners wanting to sell, but his concern is with who’s buying. Wade points to BTL, citing past experiences and warning that the company hasn’t proven itself as a strong steward
Police are trying to identify the man behind a deadly shooting in Belize City on Saturday afternoon. Twenty-eight-year-old Kyron Armstrong was inside a security booth at Constitution Park on Cemetery Road when a gunman struck. The shooter hid his identity with a motorcycle helmet and
A twenty-five-year-old Camalote resident, Wilhem Coye, is now behind bars at the Belize Central Prison, charged with the murder of delivery truck driver Mark Anthony Gabourel. The brazen daylight attack has shaken Belmopan, sparking talk of offering reward money for tips that could lead to
Two young men are facing serious charges tonight after police say they found a loaded firearm hidden under a gas tank during an anti-crime operation in the Rio Bravo area. The discovery was made on Friday, January ninth, and investigators say the weapon, a nine-millimeter
Two Guatemalan nationals are behind bars tonight after a high-speed chase in the Cayo District led to a major discovery. Police say the men were found with prohibited ammunition during a joint operation that started when customs officers pursued a black Hilux pickup. The men
The Belize Police Department is mourning tonight. They are investigating a tragic traffic accident that claimed the life of Constable Edwardo Cus late Sunday night. The fatal crash happened just after eight p.m. near mile two on the Philip Goldson Highway. Constable Cus was thrown
