CAYE
COFFEE is the freshest,
most
aromatic coffee sold in Belize.
Located
here on Ambergris Caye, we
roast only
enough coffee to meet demand – whenever, and as often as necessary.
Come check
out our roasting process and have a coffee and freshly baked goodie
while you
take a look at our display of great stuff created by some of our local
artists
(Go south on Coconut Dr. turn right at Xanadu) . Buy the cup, by
the
pot or buy the pound, it's the freshest taste around-
CAYE
COFFEE
In Belize email:info@cayecoffee.bz
or see
www.cayecoffee.bz
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EXOTIC CAYE
BEACH RESORT
CENTRALLY
LOCATED ONE HALF MILE SOUTH OF SAN PEDRO
TOWN.
FULLY
EQUIPPED OCEAN FRONT CONDOS
FIVE
STAR ATTITUDE
WARM AND FRIENDLY
SERVICE.
THREE HUNDRED FEET
OF BEACH
FRONT.
CLICK
HERE FOR INFORMATION ABOUT OUR CHARMING ISLAND RESORT, RATES AND
AMENITIES.
WWW.BELIZEISFUN.COM
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Featured Properties

3 unit apartment building
Blue
Reef Island Resort
BEACHFRONT LOTS AND LAND
CONDOMINIUMS
LUXURY RESIDENCES
PRIVATE ISLANDS
RESORTS & HOTELS
COMMERCIAL OPPORTUNITIES
RE/MAX ISLA
BONITA
10 Coconut Drive, San Pedro
Ambergris Caye, Belize C.A.
voice 011 (501) 226 4400
fax 011 (501) 226 4401
mobile 011 (501) 624 5252
www.owninbelize.com
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Crazy
Canuck’s
Beach Bar
Located
at Exotic Caye/Playador
Happy
Hour every day
4 – 6 PM
Live
music every
Monday & Saturday
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Pasta La Vista
Where good friends and good
food meet
Gourmet
Pizzas
Calzones,
Subs,
Scrumptous
Pasta
3:00PM to 10:00PM
7 Days a Week
Delivery: 226-2651
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Invest In Belize

Island Ice Cream 2
Ice cream business for sale in San Pedro. US$125,000.
Email tim@investinbelize.com
226-4000
Brokers Welcome
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NEMO Director says
‘plan now for hurricanes’
Stark words were
delivered
from the District Coordinator for the
National Emergency Management Organization (NEMO) last week during the
Chamber of Commerce meeting regarding hurricane preparedness. Jim
Janmohamed said if you can’t afford to get yourself off the island and
a safe shelter in case of a hurricane, you should not be living on the
island. “We will not provide emergency shelter or provide free
evacuation, therefore people should not plan on it,” he stressed.
Janmohamed, the NEMO District Coordinator for Ambergris Caye and Caye
Caulker was the guest speaker during the Ambergris Caye Chamber of
Commerce monthly meeting last Thursday. He shared with the group the
current hurricane plan. Hurricane season officially started June 1 and
ends November 30, with the peak months being September and October.
Because the cayes are so vulnerable to a major storm, worldwide
organizations refuse to support the construction of a hurricane
shelter. The presence of a shelter on this island would give a false
impression of a safe haven, and possibly encourage people not to
evacuate. “They do not want to give a false sense of security,” said
Janmohamed. “The best protection is to get off the island when you
can,” he stressed. “Of course, we will assist those who do not make it
off the island or choose to stay for whatever reason. What we are
saying is that people should not count on this type of support and
instead should make a plan in case an evacuation must occur.” In the
past, the Roman Catholic Primary School on both Cayes and the Community
Center on Caye Caulker have been used as a shelter and are still listed
as shelters on the NEMO web site.
;
The plan notes that historically, 90 percent of all hurricane
casualties have occurred from drowning and 10 percent from other
causes. Therefore, it is imperative that all persons should evacuate
the Cayes, beaches and other locations, which may be swept by high
tides or storm waves. The highest tide occurs during the second half of
the storm and that the rise of the water may take place very rapidly
immediately following the eye of the storm or the time of the lowest
barometric pressure. If your only passage to high ground is over a road
subject to flooding, leave early. Do not run the risk of being marooned
or having to evacuate at the height of the storm amid flying debris. It
is important to have a planned place to go. Hotels and motels quickly
fill up during these times.
When an evacuation is determined necessary the media will be notified
to immediately inform the public. In addition, all the resorts will be
notified by the Belizean Tourism Board in an effort to get all tourists
off the island immediately. Resorts are required to ‘insist’ that the
tourists leave. Allowing them to stay may result in the loss of their
tourist license. “Some tourists think it would be fun to experience a
hurricane, until it hits. Then they want to leave when it is too late,”
he added. Also in the past, major US airlines have added flights so
that visitors can return to their home countries. Tropic Air and Maya
Island Air fly as long at it is safe and also to allow them time to
secure their aircraft, according to Janmohamed.
Janmohamed is part of a committee that includes the Mayor, Area
Representative, police and the fire department who determine when an
evacuation notice should be called.
In addition to the safety of people, Janmohamed stressed the need for
people to make arrangements for their pets. He said in the past, some
owners tied their dogs to fence at the airport. They were forced to
release the dogs and provide them limited amount of food and water. He
asked that pet owners make plans and arrangements for their pets to be
cared for.
All businesses and individuals are encouraged to make specific plans
ahead of time that will fit their needs. The complete hurricane plan
can be found on the NEMO website: www.nemo.org.bz Read More
Belize
still not out of the woods,
says Moody’s
Adele Ramos
Belize has been lauded
in some
financial circles for the successful debt restructuring it undertook in
February this year. The restructuring was necessary because the
Government had found itself in a tough position where it was unable to
pay its existing creditors and furthermore, unable to get new
commercial loans to cover those debts. Even though the restructuring of
US$546.8 million in debt has saved the Government from a financial
crisis, Belize is not yet out of the woods, as there remains “a
very high risk of default despite substantial liquidity relief that was
provided as a result of this February’s restructuring.”
This was the caution
coming from Moody’s Investor Service in its 2007 report on Belize,
which was issued on Monday, July 9.
Moody’s Senior Analyst
Alessandra
Alecci said in the report that Belize remains “extremely vulnerable” to
exogenous shocks (such as a hurricane), leaving little room for Belize
to slip, as the Government’s ability to adjust is still very limited.
The Moody’s report
notes areas in
which the Government has improved fiscal targets, such as the projected
deficit of 1% of GDP in this year’s budget, but whether a government in
an election year can and will achieve such targets is quite another
story.
Moody’s says that,
“While
these targets send a positive signal, they must be viewed against
Belize’s very poor track record of meeting fiscal objectives and the
fact that this is an election year. Regarding the latter, there is a
considerable amount of uncertainty regarding whether the outgoing
administration will preserve the objectives of the program or attempt
to salvage some popularity by incurring additional expenses.”
(Most recently,
Government has
announced plans for a $6.5 million free textbook program, as well as
subsidies of $100 a month for 1,624 people mortgaging low income homes
whose loans are under $35,000. Both of these programs were mentioned
when the Prime Minister read his budget speech in March, suggesting
that they would have been factored into the current year’s budget.)
The Moody’s report
indicates that the country’s debt burden of over a billion US dollars
“remains
onerous,”
and Belize is not doing so well when compared with its peers, such as
Nicaragua. The public debt stock was still 90% at the end of 2006 and
four times the value of the debt in 1997. As much as 60% of the
country’s debt is owed to commercial creditors.
On the upside, the
report comments
that Belize’s macroeconomic performance was rather favorable in 2006,
despite Government’s financial challenges. The discovery of oil and
multi-million-dollar loans from “friendly countries” worked very much
in Government’s favor, which helped to avert the infamous “d” word –
devaluation.
“The most
surprising element of
last year’s macroeconomic performances was the ability of the
authorities to avert a full balance of payments crisis and a
devaluation. This is mostly explained by the unexpected build-up in FX
[foreign exchange] reserves due to an unusual confluence of positive
factors, including the discovery of oil and loans from Venezuela and
Taiwan,” the report said.
One of the key issues
is sustainability, however, and whether a new administration would
continue
the so-called “home grown” adjustment program of the present Musa
administration.
“Assuming that the
next
administration is keen on restoring fiscal responsibility (regardless
of the availability of funding), its efforts in sticking to the very
tight fiscal framework…are likely to be challenged by a variety of
factors,” Moody’s opines. “Among others, these include
‘adjustment fatigue’ on the part of the electorate and the possibility
of exogenous shocks that would require additional expenditures.”
The report points to
recent events
that signal deterioration in governance, particularly finance issues
relating to the Development Finance Corporation, the Belize
Telecommunications Limited and the Universal Health Services.
“Thus far, little
has been
achieved in terms of ensuring accountability, thus reinforcing the
perception that poor governance could become a chronic issue in
Belize,”
the Moody’s report cautions. Read
More
NOTICES/LETTERS
TO THE EDITOR
The National AIDS
Programme, Ministry of Health was pleased to have participated in the
recent Health Fair held in San Pedro this past Sunday, July 8th, 2007 held
at San Pedro Town. The Programme
conducted 39 free HIV tests and provided conselling,
educational
material and condoms to those requesting them. Special thanks to
Nurse Bradley and Mr. George Carr for their invaluable assistance in
providing the above.
Marvin
Manzanero, MD
Director
of National TB, HIV/AIDS and other STIs Programme
Ministry
of Health
#####
San Pedro Town Library
Needs Volunteers for Summer Program San Pedro Town Library is
about to start its summer program for children. This runs for
three weeks, five days a week with an educational field trip at the
end. It starts on Monday the 16th of July. If you have the
time to help, please contact the Senior Librarian, Iracela Acosta on
206 2028.
#####
Church
services will be
held at Holy Cross Anglican School on
Sunday, July 15th at 11am. Guest preacher will be the Rev. Don
McNichol from Charlottesville, Virginia. The entire community is
cordially invited to attend!
#####
Holy
Cross Anglican School
will hold Summer School for
entering
Standard III, IV, V students who received less than 75% in Math and/or
Language Arts for the previous school year;and for ALL entering
Standard VI
students starting on Monday, July 16 at 8:45am. Classes will run
for
two weeks and are designed to provide a basic review in core
subjects. Cost is $40 per
student. For additional information, please call the School at
226-3456.
THOUGHT
OF THE DAY
The greatest
discovery of our
generation is that human beings can alter
their lives by altering their attitudes of mind.
As you think, so
shall
you be.
William James
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www.grandcaribe.bz
debbiewade@gmail.com
Invest In Belize

Located
south of
town.
1500 sq ft. 2 bedroom,
2 bath condo with 12' x 13' loft and storage. Jacuzzi in master
bathroom.
This
condo is ready to move in comes furnished and includes the
washer/dryer, all appliances. There are only 6 condos in this complex.
Located on the 2nd floor. All concrete construction. This condo is
right on the beach and has a pool. Maintenance fees are only US$220 per
month.
US$359,000
Furnished
Email tim@investinbelize.com
226-4000
Brokers Welcome
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BELICAN
SUPPLY DEPOT
belican@btl.net
226-2669
EVERYTHING TO BUILD
& MAINTAIN YOUR POOL
Tiles
Pool Cement
Pumps
Filters
Lights
Maintenance Equipment
Pool Chemicals
|
Invest In
Belize

This
house
is a 3 bedroom, 2
bath, and has an alcove for an office, laundry room off the hall, great
room with 14' ceilings, mahogany floors, cabinets and trim and
there
is a deck off the living room and master bedroom. There's canal access
through the gate in the fence and room for a bulkhead or small dock out
back. Lot is 50' x 100'. Located in San Pablo area. Great neighborhood
close to town. US$
215,000
Email tim@investinbelize.com
226-4000
Brokers Welcome
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