November 8, 2024 At the request of the Government of Barbados, an International Monetary Fund (IMF) team led by Michael Perks visited Barbados between October 31 and November 6 to…
Category: BUSINESS AND FINANCE
Nigeria to invest $1.8 BN in Grenada oil hopes!
By: Staff Writer November 5, 2024 Nigerian oil firm Oceangate Oil and Gas Engineering chief executive officer Aisha Achimugu said Global Petroleum Group (GPG) to develop oil and gas resources…
World Bank said that the LAC is turning the corner on pandemic dislocations
By: Staff Writer November 5, 2024 The World Bank in their Economic Review for Latin America and the Caribbean for October, 2024 said that the LAC is “close to winning…
Operating profits for LAC airlines at $1BN in 23 and growing
By: Staff Writer November 1, 2024 A senior banker said that Latin American and Caribbean (LAC) Airlines have gotten back to profitability since the pandemic and that for 2023 operating…
Wizkid, World Creole Music Festival & Bleu Magic, What a combination!
November 1, 2024 Following a pulsating weekend of international rhythms and global stars to include Afrobeats megastar Wizkid, Dominica’s World Creole music Festival (WCMF) lived up to its billing with…
Businesses in St. Kitts and Nevis to Gain Essential Tools at Caribbean Export’s Green Business Strategies Training
November 1, 2024 Businesses across Saint Kitts and Nevis are set to gain valuable insights at the ‘Enhancing MSME Competitiveness with Green Business Practices’ capacity building training, scheduled for November…
Suriname: Seventh Review Under the Extended Arrangement Under the Extended Fund Facility
November 1, 2024 Seventh Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for Modification of Performance Criteria, Waivers of Nonobservance of Performance Criteria, and Financing Assurances Review-Press…
Airfares in the LAC have fallen 50 percent
By: Staff Writer October 29, 2024 A senior executive of the Latin American and Caribbean Air Transport Association (ALTA) said that airfares have fallen by 50 percent over 20 years…
ECLAC says boosting trade can help build food security
By: Staff Writer October 29, 2024 The Economic Commission for Latin America and the Caribbean (ECLAC) in their recent report, International Trade Outlook for Latin America and the Caribbean, 2024…
CIBC making way for sustainable finance and environmental trading
By: Staff Writer October 25, 2024 CIBC Caribbean, said in a release that the Caribbean Infrastructure Forum (CARIF) provided event goers with an opportunity to “engage in workshops on Sustainable…
Governments from Latin America and the Caribbean Endorse ECLAC’s Recommendations for Achieving the Transformations that the Region Needs
October 25, 2024 The Fortieth Session of the Economic Commission for Latin America and the Caribbean (ECLAC) concluded today in Lima, Peru, with Member States and associate members recognizing and endorsing the…
IMF Staff Concludes Visit to Honduras and Reaches Staff-Level Agreement
October 22, 2024 An International Monetary Fund (IMF) team led by Ricardo Llaudes visited Tegucigalpa during October 7-18, 2024. The mission was a continuation of presential and virtual discussions in recent months. At…