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CATEGORY

Economics

Evergrande Losses Sparks Fear of Looming Credit Contagion, Janet Yellen Asks to Raise US Debt Ceiling

Global investors have their eyes peeled on the Evergrande Group or the Evergrande Real Estate Group, China’s second-largest property developer by sales. Evergrande Group...

‘China’s Lehman Brothers moment’: Evergrande crisis rattles economy

China Evergrande Group (3333.HK) shares plunged on Monday to over 11-year lows, extending losses as executives try to salvage its business prospects and as default fears...

Sint Maarten – 7.5% tax proposed for online purchases

If a proposal currently on the table goes into effect, consumers purchasing items online such as from Amazon will be required to pay a...

The Bahamas has assumed management of its sovereign airspace

The Bahamas, for the first time in its history, has assumed management of its sovereign airspace after it signed a 10-year air navigation services...

Jamaica – $3B for MSME COVID-19 Recovery Programme

The Development Bank of Jamaica (DBJ) has launched a $3-billion Social and Economic Recovery and Vaccine (SERVE) Jamaica Programme, for micro, small and medium-sized...

Jamaica – Great Economic Potential Between CARICOM And Africa

Prime Minister, the Most Hon. Andrew Holness, has highlighted the need for the strengthening of engagement between CARICOM and the African continent, noting that...

Bahamas – Steady rebound pushes revenue performance beyond expectations

Fourth quarter budget report shows strength of ‘Resilient Bahamas’ budget plan During Fiscal Year 2020/21, the Government, with the approval of Parliament, shifted its budgetary...

CARIBBEAN EXPECTED TO GROW 4.1% IN 2021, ECLAC SAYS

A new “Economic Survey of Latin America and the Caribbean” report released by ECLAC raised its growth forecast for the Region from 5.2% in...

FIRST CARICOM-AFRICA SUMMIT TO BE HELD 7 SEPTEMBER

History will be made on 7 September 2021, when the inaugural CARICOM-Africa Summit is held. Kenya will host the virtual event under the theme ‘Unity...

Global Finance Names the World’s Best Consumer Digital Banks in Latin America 2021

Global Finance has announced the Round One winners for the 2021 World’s Best Consumer Digital Banks Awards in Latin America. This is the 22nd...

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