By: Staff Writer July 30, 2021 A senior academic political economist calls for a “Greater Caribbean Community” to be established to seize the moment on US president Biden’s administration for…
Category: BUSINESS AND FINANCE
The IDB is leading the way on nearshoring- the way out of the pandemic and to a sustainable future.
By: Staff Writer July 30, 2021 Getting more US companies to invest in the Caribbean and Central America is one of the issues of focus for the Inter-American Development Bank…
ExxonMobil announces oil discovery at Whiptail, offshore Guyana
By: Staff Writer July 30, 2021 A cabinet minister in Guyana said the country has found oil again, this time at the Whiptail site offshore estimated over $9bn barrels Vickram…
2021 ARTICLE IV CONSULTATION—PRESS RELEASE; STAFF REPORT; AND STATEMENT BY THE EXECUTIVE DIRECTOR FOR DOMINICAN REPUBLIC
July 30, 2021 Under Article IV of the IMF’s Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. In the context of the 2021 Article IV…
IMF Executive Board Completes the First Review Under the Precautionary and Liquidity Line Arrangement for Panama
July 30, 2021 The IMF Executive Board completed the first review under the two-year Precautionary and Liquidity Line (PLL) arrangement for Panama which was approved on January 19, 2021 in…
Statement by the International Monetary Fund Managing Director on Suriname
July 30, 2021 At an Executive Board meeting held today, staff updated Executive Directors on recent developments in Suriname and the authorities’ request for an arrangement under the Extended Fund…
CEDA’s Executive Director to Deliver Keynote Address at St. Kitts and Nevis Trade and Investment Forum
July 27, 2021 St. Kitts and Nevis senior policymakers to engage in robust public-private sector dialogue as they plan to advance the island’s developmental priorities. The new strategic approach is…
Dukharan on “concocted” EU Blacklists.
July 27, 2021 Caribbean economist Marla Dukharan in her monthly Caribbean economic report for July calls out the European Union’s “concocted” financial blacklist.
IDB Invest, Neoen Improve the Stability & Security of El Salvador’s Power Grid
July 27, 2021 This project will support the largest battery group in Central America. IDB Invest, a member of the IDB Group, has granted two long-term loans to the Capella…
Food Outlets reopen in Trinidad and Tobago.
By Kimberly Ramkhalawan kramkhalawan@caribmagplus.com July 20, 2021 After close to three months of total closure, food outlets and vendors were allowed to resume their business on Monday July 19, however,…
CariCRIS assigns ‘good’ creditworthiness ratings to the proposed bond issue of up to US $285 million of Sage Power Limited
July 20, 2021 Caribbean Information and Credit Rating Services Limited (CariCRIS) has assigned initialratings of CariA- (Foreign and Local Currency Ratings) on the regional rating scale andjmAA- on the Jamaica…
Worried South Africans Need Options Now More Than Ever
July 20, 2021 A week of increasingly violent unrest in South Africa has left citizens fearful for their safety and deeply concerned as to what the future might bring. The…