Guyanese Entrepreneur’s AI Capital Exchange Selected For HICOOL Regional Round

News Americas, NEW YORK, NY, Monday, May 25, 2026: AI Capital Exchange, the fintech platform founded by Guyanese-born media entrepreneur Felicia J. Persaud, has advanced to the regional round of the HICOOL Global Entrepreneurship Competition, one of Asia’s leading startup competitions.

The advancement marks a significant milestone for the platform, the first AI-powered pre-qualification platform for global debt. According to an official notice from HICOOL, AI Capital Exchange was selected to advance to the regional pitch round of the competition after successfully passing the initial screening stage.

“Congratulations on your project successfully advancing to the regional competition of the HICOOL Global Entrepreneurship Competition,” organizers said in a formal notification to the company.

Debt Options

AI Capital Exchange is designed to help existing businesses globally access expansion funding solutions ranging from working capital and commercial real estate financing to renewable energy, expansion and equipment loans as well as senior and bond market debt for governments and large corporations.

AI CAPITAL EXCHANGE – The World’s First AI-Powered Pre-qualification Engine For Global Loans

The platform is part of Persaud’s broader vision to solve the problem of lack of access to capital for qualified projects in emerging markets.

Persaud on April 30th, completed the NASDAQ Milestone program as the platform gains traction.

Global Recognition

HICOOL, headquartered in Beijing, is an international entrepreneurship initiative that attracts startups from around the world and offers access to investors, mentors, and strategic partners. Advancing to the regional stage places AI Capital Exchange among a select group of ventures competing for broader international exposure and potential funding opportunities. “Advancing in HICOOL validates what we’ve known all along – the world needs a smarter filter between capital and qualified borrowers,” said Persaud.

Africa, The Global South & The Guyana-Venezuela Case

By Ron Cheong

News Americas, TORONTO, Canada, Sun. May 24, 2026: At first glance, the territorial controversy between Guyana-Venezuela may appear to be a distant South American border dispute with limited relevance to Africa. In reality, however, the case now before the International Court of Justice carries implications that reach across the entire Global South.

For reasons of both history and principle, Africa, and particularly South Africa, occupies an especially important place in understanding the broader significance of the controversy. African states emerged from colonialism confronting deeply imperfect borders, yet made the deliberate decision to preserve inherited frontiers rather than reopen territorial claims that could destabilize the continent. That historical experience now provides valuable context for understanding the stakes in the Guyana–Venezuela dispute.

At issue is Venezuela’s claim to nearly two-thirds of Guyana’s territory, including the vast resource-rich Essequibo region. But the matter has evolved into something far larger than a bilateral border dispute. Increasingly, it represents a wider contest over principles central to the post-colonial international order itself: territorial integrity, the finality of established boundaries, and whether historical grievances can legitimately be used to reopen long-settled frontiers.

The Principle Of Finality

At the heart of the case lies the 1899 Arbitral Award, which established the boundary between Guyana and Venezuela. Guyana maintains that the award legally and definitively settled the frontier more than a century ago and that Venezuela accepted the boundary for decades before reviving its claim in the mid-twentieth century.

This raises a foundational principle in international law: finality.

Without finality, borders are never truly settled. And where borders remain perpetually open to reinterpretation, the risk of instability becomes permanent. The modern international system depends heavily upon the understanding that even imperfect historical settlements must eventually acquire legal certainty. Otherwise, historical grievances could be invoked almost indefinitely to challenge existing states and boundaries.

Africa’s Historical Perspective

Africa understands this dilemma perhaps better than any other region.

At independence, African leaders inherited borders largely drawn during the colonial era – many of them arbitrary, artificial, and insensitive to ethnic, linguistic, or historical realities. Yet African governments recognized that attempting to redraw borders across the continent would likely trigger endless disputes and conflict.

The result was one of the most consequential diplomatic choices in post-colonial history: the collective decision to preserve inherited boundaries while pursuing peaceful coexistence and regional stability. That principle later became embedded in African diplomatic practice and international norms regarding territorial integrity.

This historical experience gives African countries a particularly important perspective on the Guyana-Venezuela controversy. It also helps explain why the case should matter more broadly across the Global South.

South Africa’s Diplomatic Relevance

South Africa occupies a distinctive position within this discussion.

Since the end of apartheid, Pretoria has consistently emphasized multilateralism, negotiated settlement of disputes, and adherence to international legal institutions. South Africa has frequently presented itself as a leading voice in the Global South on sovereignty, decolonization, international equity, and peaceful conflict resolution.

Those positions make the Guyana–Venezuela case especially relevant to South African diplomacy. The issues at stake – respect for established borders, peaceful adjudication, and opposition to unilateral territorial revisionism- closely mirror principles South Africa itself has long defended internationally.

Venezuela’s Expanding Diplomatic Narrative

At the same time, Venezuela’s diplomatic strategy appears to be evolving in sophisticated ways.

Recognizing the emotional and political resonance of anti-colonial narratives within the developing world, Caracas increasingly frames the controversy not primarily as a technical legal dispute, but as a struggle against historical injustice and colonial-era manipulation. Venezuela argues that the 1899 arbitral process was unfairly influenced by the British Empire and therefore lacks legitimacy.

This narrative naturally carries appeal in parts of the Global South where memories of colonial domination remain powerful.

Yet, Africa’s own historical experience complicates that argument considerably. If every border shaped by colonial-era asymmetry were reopened today, many African states themselves could become vulnerable to competing historical claims and revisionist nationalism. African stability has depended not on the perfection of inherited borders, but on the collective agreement to respect them while resolving disputes through diplomacy and law.

That reality exposes a significant weakness in Venezuela’s broader narrative. Anti-colonial rhetoric alone cannot provide a workable foundation for reopening internationally recognized frontiers generations later without risking wider instability across the post-colonial world.

Why Guyana’s Position Resonates With Small States

There is another dimension of the dispute that may resonate strongly across Africa and the wider developing world.

Guyana is itself a small post-colonial developing state of fewer than one million people confronting territorial claims advanced by a much larger neighbour. Increasingly, many observers view the controversy less as “Britain versus Venezuela” and more as a test of whether smaller states can rely upon international law and multilateral institutions for protection against revisionist pressure.

That distinction matters deeply for many African countries, which similarly depend upon international norms, legal frameworks, and collective diplomacy as safeguards against coercion by more powerful actors.

Indeed, the principles at stake in the Essequibo controversy closely parallel principles African states themselves have historically defended:

respect for internationally recognized boundaries;

peaceful settlement of disputes;

rejection of unilateral territorial revisionism; and

adherence to international adjudication and legal process.

Why African Engagement Matters

African engagement matters precisely because Africa has lived through the dangers of border instability and understands the importance of legal predictability in preserving peace.

The continent’s experience demonstrates that stability is often maintained not by perfect borders, but by collective commitment to respecting established ones while managing disputes through diplomacy, negotiation, and law rather than pressure or force.

This does not require African governments to “take sides” geopolitically. Rather, it calls for reaffirmation of principles that African diplomacy itself helped shape over decades:

sovereign equality of states;

territorial integrity;

peaceful dispute resolution; and

respect for international legal institutions.

Those principles have protected many African states from wider instability and remain essential safeguards for smaller and developing countries globally.

A Strategic Opportunity For Guyana

For Guyana, therefore, deeper diplomatic engagement with Africa represents more than symbolic outreach. It offers an opportunity to frame the dispute within a broader post-colonial context that many African states intuitively understand.

Africa’s own historical choices regarding inherited borders help illuminate why the Guyana–Venezuela controversy is not simply about colonial history, but about preserving international stability in the present. By engaging African governments, scholars, diplomatic institutions, and public opinion leaders, Guyana can strengthen international understanding of the legal and systemic implications of the case.

Such engagement could also help expose the limitations of Venezuela’s attempt to frame the controversy primarily through anti-colonial rhetoric. Africa’s experience demonstrates that post-colonial solidarity and respect for settled boundaries are not contradictory principles; in fact, they have often been mutually reinforcing foundations of stability.

A Wider Global South Test

Ultimately, the Guyana-Venezuela controversy is becoming a broader test for the Global South itself.

Can post-colonial solidarity coexist with respect for settled international boundaries? Can historical grievances be acknowledged without undermining modern international stability? And can smaller states continue to rely upon international law as their primary shield in an increasingly uncertain world?

These questions extend far beyond South America. They are particularly relevant to Africa, and especially to South Africa, whose diplomatic identity has long been tied to the defense of international legality, negotiated settlement, and principled multilateralism.

In that sense, the Essequibo case is no longer merely a regional territorial dispute. It has become part of a much wider conversation about sovereignty, stability, and the future of international order across the post-colonial world.

EDITOR’S NOTE: Ron Cheong is a frequent political commentator and columnist whose recent work focuses on international relations, economic resilience, and Caribbean-American affairs. He is a community activist and dedicated volunteer with extensive international banking experience. Now residing in Toronto, Canada, he is a fellow of the Institute of Canadian Bankers and holds a Bachelor of Science degree from the University of Toronto.

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Shaggy Gets Brooklyn Day Honor, Chaka Demus Teams Up With Tanto Metro, And Sean Paul Drops Brawlin Riddim – Caribbean Music Is Having A Moment

By ET News Reporter | NewsAmericasNow.com

News Americas, New York, NY, Fri. May 22, 2026: Caribbean music is having a serious moment this week, with new releases and major milestones from some of the genre’s biggest names arriving in rapid succession.

Shaggy Gets His Own Day In Brooklyn

BBrooklyn Borough President Antonio Reynoso declared May 19, 2026 as “Shaggy Day” in Brooklyn – honoring the reggae and dancehall legend on the occasion of his fifteenth studio album release.

The proclamation was handed over to Shaggy – born Orville Richard Burrell in Jamaica – at a public celebration held at I AM CARIBBEING HQ at 1399 Nostrand Avenue in Little Caribbean, with Deputy Borough President Rev. Kim Council representing the Borough President’s office.

The new album, titled “Lottery,” includes “BUN (She Loves Me),” “Dancehall Nice” featuring Beres Hammond and Dexta Daps, the title track “Lottery” featuring Jeremih, and “We Love Di Gal Dem” featuring 450.

Shaggy moved to Flatbush as a teenager from Jamaica and launched his music career in Brooklyn – building a four-decade run that has produced more than 40 million albums sold and eight Billboard Hot 100 singles. Beyond music, he established the Shaggy Make a Difference Foundation in 2009 and most recently led relief efforts following Hurricane Melissa, raising over $500,000 at a benefit concert at UBS Arena and delivering essential goods via private flights.

“Brooklyn is the borough that took a kid from Jamaica and gave him a stage, a sound, and a purpose,” Shaggy said at the celebration, as quoted in the release.

Borough President Reynoso added: “From his musical genius to his leadership in philanthropy, Shaggy embodies the very best of our borough.”

Chaka Demus & Pliers Unite With Tanto Metro & Devonte

In a rare and highly anticipated collaboration, two of dancehall’s most iconic duos have joined forces on a new single titled “Jealous.”

Chaka Demus & Pliers – whose 1992 hit “Murder She Wrote” remains one of the most recognizable songs in reggae and dancehall history – have teamed with Tanto Metro & Devonte, known for the club anthem “Everyone Falls in Love,” on what Chaka Demus describes as “four the wickedest way.”

The track is a playful, story-driven dancehall record exploring the drama of jealousy in relationships – produced and executive produced by Chaka Demus on his Bright Star Production label. Harmonies were contributed by Brian & Tony Gold over a rhythm crafted by Jazzwad, with mixing by Fatta Marshall. Writing credits are shared across the full collective.

“Jealous” serves as the first single from Chaka Demus’s upcoming album release – a project that brings together a seasoned team of music stalwarts with deep roots in Caribbean music culture.

Sean Paul’s Dutty Rock Productions Drops Brawlin Riddim

International superstar Sean Paul has released another riddim compilation through his Dutty Rock Productions imprint — this time delivering “Brawlin Riddim,” a hard-hitting dancehall project featuring an all-star lineup.

The compilation features Busy Signal, Sean Paul, Spragga Benz, Charly Black, Chi Ching Ching, Leftside, Future Fambo, Looga Man, Bush Wakka, and Ras Ajai — each bringing their own lyrical energy to a production anchored by pulsing bass, sharp synth leads, and siren sound effects that evoke the raw energy of a Kingston street dance.

The riddim was produced by Sean Paul and Dutty Rock Productions, mixed and mastered by Grammy-winning engineer Andre “Dre Day,” and recorded by dancehall heavyweight Andre “Suku Ward” Gray at Dutty Rock’s studios in Kingston, Jamaica.

“Brawlin Riddim” is now available on all major digital streaming platforms.

Stephen Marley Pays Tribute To Jamaica

Grammy Award-winning recording artist Stephen Marley has released “Hills of St. Ann,” the first single from an upcoming compilation project paying tribute to Brand Jamaica – celebrating the island’s culture, heritage, and natural beauty.

Released May 8, 2026 via Ghetto Youths International, the track is an inspiring guitar ballad underscored by powerful Nyahbinghi drum rhythms, transporting listeners to Nine Mile, St. Ann – the birthplace of reggae legend Bob Marley. Stephen Marley handled production, drums, bass, and Nyahbinghi drums on the track himself, with guitar by Ranoy Gordon and keyboards by Llamar Brown.

The single is available now on all streaming platforms.

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Cuba Maintains Socialist Path At BRICS Foreign Ministers’ Meeting Amid U.S. Pressure

By Madelyn Herrera

News Americas, NEW YORK, NY, Thurs. May 21, 2026: Cuba’s Foreign Minister Bruno Rodríguez this week stated that despite the U.S. blockade and threats of force, Cuba “continues to build its sovereign path toward socialist development and contribute, from its modest means, to the development of other peoples of the Global South.”

The remarks were made on May 15th during the BRICS Foreign Ministers’ Meeting in India, held as part of discussions on reforms of global governance and the multilateral system. Russian Foreign Minister Sergey Lavrov and Rodríguez exchanged views on regional and international matters, reaffirming their countries’ opposition to unilateral sanctions that they say violate the United Nations Charter.

Lavrov also assured Rodríguez that Russia would support Havana’s demand for the immediate lifting of the U.S. trade, economic and financial blockade against the island, according to a press release on the official website of the Russian Foreign Ministry. At the opening session on May 14th, the Cuban delegation denounced what it described as “the successive executive orders issued by the United States government that reinforce the economic blockade and the threat of military aggression against Cuba.”

The Cuban foreign minister said U.S. actions violate each country’s right to determine its own trade relations. In addition to the energy-related measures imposed on Jan. 29th this year, Cuba also criticized secondary sanctions it said are extraterritorial in nature and target countries that do business with the island.

Foreign ministers and heads of delegations from BRICS member and partner countries attended the ministerial meeting, which concluded last Friday. The meeting comes amid growing geopolitical tensions between Western nations and BRICS-aligned countries over sanctions, trade, and global governance reforms.

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Cuba Denounces U.S. Indictment Of Raul Castro As Political Provocation

By Staff Reporter | NewsAmericasNow.com

News Americas, MIAMI, FL, Thurs. May 21, 2026: Cuba has sharply condemned the U.S. decision to indict former Cuban President Raul Castro over the 1996 shootdown of two civilian aircraft operated by the Miami-based group Brothers to the Rescue, calling the charges a “despicable and infamous act of political provocation.”

The U.S. Department of Justice on Wednesday unsealed a superseding indictment charging Castro, now 94, and five co-defendants with conspiracy to kill U.S. nationals, destruction of aircraft, and four counts of murder in connection with the deaths of four Americans nearly 30 years ago. If convicted, Castro could face life imprisonment or the death penalty.

The four men killed were Carlos Costa, Armando Alejandre Jr., Mario de la Peña, and Pablo Morales. All were members of Brothers to the Rescue, also known as Hermanos al Rescate, a volunteer organization that used small civilian planes to search for Cuban migrants in distress in the Florida Straits.

The now indicted former President of Cuba, Raul Castro, seen here attendinga May Day rally marking International Workers’ Day in Havana on May 1, 2026. (Photo by YAMIL LAGE / AFP via Getty Images)

THE INDICTMENT

US federal prosecutors allege that on February 24, 1996, Cuban military pilots radioed Havana twice for authorization before shooting down two unarmed American civilian aircraft over international waters near the Florida Straits, killing four US nationals. Thirty years later, the United States has charged the man it alleges gave the order – former Cuban President Raul Modesto Castro Ruz, now 94 years old.

The US Department of Justice unsealed a superseding indictment on Wednesday, May 20, 2026, charging Castro Ruz and five co-defendants for their alleged roles in the attack. The charges include conspiracy to kill US nationals, two counts of destruction of aircraft, and four counts of murder. If convicted, Castro Ruz faces a maximum penalty of death or life imprisonment.

The four Americans killed were Carlos Costa, Armando Alejandre Jr., Mario de la Peña, and Pablo Morales – members of Brothers to the Rescue, also known as Hermanos al Rescate, a Miami-based organization that flew unarmed Cessna aircraft across the Florida Straits to search for Cuban migrants in distress at sea.

A Long-Planned Operation, Prosecutors Allege

The February 24, 1996 attack was not spontaneous, according to the indictment. Prosecutors allege it was the culmination of a deliberate Cuban intelligence and military operation code-named Operación Escorpión – Operation Scorpion – designed to stop Brothers to the Rescue from conducting flights near Cuba.

According to the indictment, Cuban intelligence had been running agents inside the United States since at least 1992, specifically tasked with infiltrating Brothers to the Rescue in Miami. Those agents were allegedly part of a spy network code-named La Red Avispa – the Wasp Network — whose members posed as Cuban exiles fleeing the Castro regime.

At least one alleged Wasp Network agent, Juan Pablo Roque, went further – offering himself to the FBI as an informant on Miami-based exile groups including Brothers to the Rescue, while allegedly working as a Cuban intelligence operative whose FBI cooperation was directed and controlled by Havana, according to the indictment.

For years, the indictment alleges, the Wasp Network reported back to Havana on Brothers to the Rescue flight operations, personnel, and plans. As Operation Scorpion intensified in early 1996, the network was allegedly instructed to urgently report all Brothers to the Rescue flight data — including specific plans for February 24, 1996.

Castro Allegedly Authorized Deadly Force Personally

According to the indictment, after Brothers to the Rescue flights in January 1996 dropped pro-democracy leaflets over Cuba, Castro Ruz personally met with military leaders and allegedly authorized them to take decisive and deadly action against the organization’s aircraft.

The Cuban military allegedly conducted specific training missions following those January flights, during which MiG fighter pilots practiced locating, following, and intercepting slow-moving civilian aircraft of the exact type flown by Brothers to the Rescue. The indictment alleges that all orders to kill by the Cuban military traveled through a chain of command with Castro Ruz and his brother Fidel Castro as the final decision makers.

The Spies Allegedly Knew What Was Coming

Among the most significant allegations in the indictment is what prosecutors say happened in the days immediately before the attack. On January 30, 1996, Cuban intelligence allegedly instructed its Miami-based agents – including Roque and fellow operative Rene Gonzalez – to avoid flying with Brothers to the Rescue and to use particular radio phrases if they happened to be airborne during the operation.

On February 21, 1996 – three days before the attack – Roque allegedly falsely informed the FBI that Brothers to the Rescue would not be flying during the weekend of February 24, 1996, despite knowing the organization was scheduled to fly that day. On February 23, 1996, Roque allegedly left Miami as directed and returned to Cuba.

February 24, 1996

At approximately 1:30pm on February 24, 1996, three unarmed Brothers to the Rescue aircraft departed from Opa-Locka Airport in Miami-Dade County, heading south across the 24th parallel. At approximately 3:00pm, according to the indictment, alleged co-defendant Lorenzo Alberto Perez-Perez and another pilot took off from San Antonio de los Baños airfield near Havana in Cuban military MiG jets.

At approximately 3:20pm, according to the indictment, Perez-Perez radioed for authorization to destroy the first Brothers to the Rescue aircraft – tail number N2456S – which was at that time flying over international waters. Authorization was allegedly granted. At approximately 3:21pm, without warning, the aircraft was allegedly shot down by an air-to-air missile, killing pilot Carlos Costa and his passenger Pablo Morales.

At approximately 3:26pm, according to the indictment, Perez-Perez radioed again – seeking authorization to destroy a second unarmed civilian aircraft, tail number N5485S, also flying over international waters. Authorization was allegedly granted a second time. At approximately 3:28pm, the second aircraft was allegedly destroyed by an air-to-air missile, killing pilot Mario de la Peña and his passenger Armando Alejandre Jr.

A third Brothers to the Rescue aircraft – tail number N2506 – escaped after additional Cuban MiG jets were scrambled to pursue and destroy it as well, according to the indictment.

One Defendant Already In US Custody

Of the six defendants named in the superseding indictment, one is already on US soil. Luis Raul Gonzalez-Pardo Rodriguez, 65, of Havana – alleged to have been one of the MiG pilots inside his fighter jet and ready to deploy on the day of the attack – is currently in US custody in the Middle District of Florida, pending sentencing this month for making false statements in an immigration document, according to the DOJ.

Historic Charges

Acting Attorney General Todd Blanche described Wednesday’s announcement as a landmark moment. “For the first time in nearly 70 years, senior leadership of the Cuban regime has been charged in the United States for alleged acts of violence resulting in the deaths of American citizens,” Blanche said, as quoted in the DOJ announcement.

US Attorney Jason Reding Quiñones for the Southern District of Florida added: “This passage of time does not erase murder. It does not diminish the value of these lives. And it does not weaken our commitment to the rule of law,” as quoted by the DOJ.

The original indictment in this case was first filed under seal in 2003. Its unsealing Wednesday – more than two decades later – comes as part of the Trump administration’s escalating pressure campaign against Cuba, which has included a national emergency declaration in January 2026, expanded secondary sanctions targeting foreign entities doing business with Cuba in May 2026, and the designation of 11 Cuban regime officials just two days before Wednesday’s announcement.

Cuban Government Response

In a statement issued Wednesday, Cuba’s government said the United States lacks both the legitimacy and jurisdiction to prosecute Raul Castro. Havana argued that the 1996 incident was an act of lawful self-defense after repeated incursions into Cuban airspace by Brothers to the Rescue aircraft.

Cuban officials said they had filed multiple complaints with the U.S. State Department, the Federal Aviation Administration, and the International Civil Aviation Organization regarding more than 25 alleged violations between 1994 and 1996. “The Revolutionary Government condemns in the strongest terms the despicable accusation by the United States Department of Justice,” the statement said.

Cuba also accused Washington of distorting the historical record and using the case to justify tougher sanctions and continued pressure on the island.

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