By: Staff Writer January 19, 2024 The Panama Canal continues to battle through its worse drought in history, forcing shippers to change routes. It has also forced authorities to slash…
Category: CENTRAL AMERICA BUSINESS AND FINANCE
CENTRAL AMERICA NICKEL ANNOUNCES FILING OF PATENT FOR SEPARATION OF LIGHT AND HEAVY RARE EARTHS
January 12, 2024 Central America Nickel Inc. (the “Company” or “CAN”) is pleased to announce it has filed an International application No. PCT/CA2023/051387 titled “Process for Extraction of Rare Earth Elements.” The…
TotalEnergies QUARTZ Auto Services Workshop Opened in Guatemala
January 12, 2024 TotalEnergies, a global leader in energy and automotive services, is proud to announce the opening of its latest QUARTZ Auto Services workshop in Guatemala. This state-of-the-art facility promises…
IMF Executive Board Holds Informal Briefing on Venezuela
December 5, 2023 In line with the standard procedures for members whose Article IV consultations with the IMF are extensively delayed, on December 1, 2023, the Executive Board was briefed…
Costa Rica Engages with Multilateral Partners to Launch a Sustainable Project Preparation Facility and Crowd in Climate Investments
December 5, 2023 The Government of Costa Rica announced today the creation of a Public-Private Partnership (PPP) Project Preparation Facility (PPF) to leverage public and private sector resources to develop…
Panama president directs First Quantum to shut copper mine after court ruling
December 1, 2023 Panama’s president said on Tuesday that Canadian miner First Quantum’s lucrative copper mine Cobre Panama would be shut down, hours after the country’s Supreme Court declared its…
Nicaragua: Staff Concluding Statement of the 2023 Article IV Mission
November 24, 2023 A staff team from the International Monetary Fund (IMF), led by Ms. Alina Carare, visited Managua during November 6-17 for the 2023 Article IV Consultation. The team met…
IMF Staff Concludes Visit to Honduras
November 14, 2023 An International Monetary Fund (IMF) team led by Ricardo Llaudes and supported by resident representative Christian Henn visited San Pedro Sula and Tegucigalpa, Honduras, during November 5-9,…
Costa Rica: Staff Concluding Statement of the 2023 Article IV Mission, Fifth Review under the Extended Fund Facility, and Second Review Under the Resilience and Sustainability Facility Arrangement
October 31, 2023 An International Monetary Fund (IMF) staff team, led by Mr. Ding Ding, visited San Jos é during October 18–27. The staff team held discussions on the 2023 Article…
Panama Canal WARNING: Don’t travel through with large payloads!
By: Staff Writer October 17, 2023 The administrator of the Panama Canal Authority (ACP) said that they are giving ships wishing to pass through the zone 21 days of lead…
Honduras: 2023 Article IV Consultation and Requests for an Arrangement Under the Extended Fund Facility and an Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Honduras
September 26, 2023 The Honduran economy has shown remarkable resilience to various domestic and external shocks over 2020-22, and real GDP is now around 6 percent above pre-pandemic levels supported…
IMF Executive Board Approves US$822 Million Arrangements Under the Extended Fund Facility and the Extended Credit Facility for Honduras and Concludes 2023 Article IV Consultation
September 26, 2023 The Executive Board of the International Monetary Fund (IMF) approved today an SDR 416.3 million (about US$548 million) arrangement under the Extended Fund Facility (EFF) and an…