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Economics

Economics

Jamaica – JBDC Embarks on US$72,000 Project to Strengthen Cultural and Creative Industries

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The Jamaica Business Development Corporation (JBDC) has embarked on a US$72,000 project to strengthen the cultural and creative industries (CCI) in Jamaica. CCIs can be...
Economics

Barbados – PM says loan of US $100 million from World Bank is necessary ‘support’

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The World Bank has approved US $100 million in financing to support Barbados’ low-carbon economic development and resilience to climate change. The approval came yesterday,...
Crypto

Voyager gets initial approval for $1 bln Binance deal amid national security concerns

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Bankrupt crypto lender Voyager Digital received initial court approval on Tuesday for a proposed $1 billion sale of its assets to Binance.US, and said...
Economics

Jamaica – JN Bank to launch digital currency by March

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JN Bank is set to launch its digital wallet in the first quarter of this year, having been recently announced by the Bank of...
Economics

Three fintech spaces to watch in 2023

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It’s the start of a new year – a time to reflect on learnings from the past year and to plan for what lies...
Economics

4 Latin America-based BNPL companies to keep an eye out for in 2023

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Credit cards have been around for a long time now. In the digital age, retailers have partnered with Buy Now, Pay Later (BNPL) companies,...
Economics

Global economy faces tougher year in 2023, IMF’s Georgieva warns

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For much of the global economy, 2023 is going to be a tough year as the main engines of global growth - the United...
Crypto

Bahamas regulator holds FTX assets pending delivery to customers, creditors

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The Securities Commission of the Bahamas said on Thursday that it is holding FTX assets worth $3.5 billion based on market pricing at the...
Economics

U.S. dollar remained low while the Yen continued rallying

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The dollar index plummeted by 0.5% to 103.75 earlier on Thursday, hitting its lowest level in a week. The currency traded little changed at...
Crypto

FTX customers file class action to lay claim to dwindling assets

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FTX customers filed a class action lawsuit against the failed crypto exchange and its former top executives including Sam Bankman-Fried on Tuesday, seeking a...
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