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CATEGORY

Economics

AMIDST RATING DOWNGRADE, BAHAMAS SET TO GROW BY 8% IN 2021

The US-based rating agency Moody’s downgraded the sovereign creditworthiness of The Bahamas slashed the country’s long-term issuer and senior unsecured ratings to ‘Ba3’ from...

Yellen warns Congress must address debt ceiling before Oct. 16 or risk default

Treasury Secretary Janet Yellen is telling Congress that the Treasury Department will likely exhaust all of its “extraordinary measures” to avoid an unprecedented default...

CDB to provide US$32.5 million to Anguilla, Antigua and Barbuda to increase resilience

The Caribbean Development Bank (CDB) has approved loans of US$25 million to Antigua and Barbuda and US$7.5 million to Anguilla to counter COVID-19 fallout...

CARICOM FOREIGN MINISTERS MEET US DEPUTY SECRETARY OF STATE – VACCINES, CLIMATE CHANGE ISSUES RAISED

Foreign Ministers of the Caribbean Community (CARICOM) impressed upon United States Deputy Secretary of State Wendy Sherman the urgency for the delivery of the...

Barbados – Get up, stand up: PM Mia Mottley invokes Marley to goad U.N.

An impassioned Barbados prime minister on Friday sought to spur meaningful action from the 193-member United Nations on crises from climate and COVID-19 vaccines...

Enhancing Digital and Global Infrastructures in Cross-border Payments

Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) will deliver a speech on Monday, September 27, at 10:50am EDT for the...

Jamaica – Investments Bringing Increased Business To Kingston Container Terminal

Jamaica is reaping dividends from the investments that have been made in the development of the Kingston Container Terminal (KCT). These investments, in dredging and...

Bitcoin Dropped to 7-Week Low Beneath $40K Before Recovering

After falling below $40,000 for the first time since August 5th, the primary cryptocurrency has recovered some ground to above $42,000. Bitcoin’s price continued to...

Ngozi Okonjo-Iweala, Director General WTO congratulated Barbados PM Mia Mottley

"Congrats to H.E PM Mia Amor Mottley of Barbados on her impressive leadership on debt issues for high income vulnerable economies. Also, her emphasis...

JAMAICA’S EXPORTS RECORD GROWTH OF 24.6%

Jamaica’s total spending on Imports for January – May 2021 amounted to US$2,249.3 million, an increase of 12.0% relative to the same period in...

Cryptocurrencies

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