April 24, 2019

IDB changes location of annual meeting from China over Venezuela

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By Melanius Alphonse from Caribbean News Now WASHINGTON, USA — China, in a show of support of President Nicolás Maduro as head of state, has refused to grant Juan Guaidó a diplomatic visa to China. The move comes ahead of the Inter-American Development Bank (IDB) annual meetings that will no longer convene in China and […]

2.5 Million murders occurred in Latin America and the Caribbean in less than 20 Years

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From NAN Santiago (AFP) Latin America and the Caribbean is the most violent region on the planet, accounting for 39 percent of the world’s murders, the Inter-American Development Bank (IDB) said in a study published last November (2018). That amounts to more than 2.5 million murders in less than two decades, 75 percent of which […]

Work on geothermal plant in Dominica, Caribbean could start Q3 2019

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By Alexander Richter From Think Geo Energy The Government of Dominica in the Caribbean has announced that construction of the long awaited geothermal power plant could start as early as in the third quarter of 2019 with funding recently announced by the IDB and Caribbean Development Bank, with funding by the World Bank. As reported […]

Institutions for Development: What Lies Ahead in the Caribbean?

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From The Dialogue On November 14, the Inter-American Dialogue and the Inter-American Development Bank (IDB) hosted an event to discuss the Bank’s newest book on the Caribbean region: “Nurturing Institutions for a Resilient Caribbean.” Opening remarks were given by Therese Turner-Jones and Moisés J. Schwartz, both economists from the IDB. These remarks were followed by […]

Bahamas urged: ‘Heed’ Fiscal Council warning

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  By NEIL HARTNELL From Tribune 242 The Bahamas would be “very wise to heed” findings that a new fiscal watchdog’s credibility will be enhanced the more independent it is from the Government. Matt Aubry, the Organisation for Responsible Governance’s (ORG) executive director, told Tribune Business that this nation does not yet match up to […]

Latin America and Caribbean is world’s most violent region, study says

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From France24 SANTIAGO (AFP) – Latin America and the Caribbean is the most violent region on the planet, accounting for 39 percent of the world’s murders, the Inter-American Development Bank (IDB) said in a study published on Thursday. That amounts to more than 2.5 million murders in less than two decades, 75 percent of which were committed […]

Barbados government signs US$100 million loan agreement with IDB

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From Caribbean News Now BRIDGETOWN, Barbados — The Inter-American Development Bank (IDB) and the government of Barbados have formalized a historic loan agreement for US$100 million to support the Barbados Economic and Recovery Transformation (BERT) Plan. Having pledged the IDB’s support to the Barbados government during an official visit in June 2018, IDB president, Luis […]

IDB 2018 Latin American and Caribbean Macro Report – A Mandate to Grow

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Wednesday 07 November 2018 – Wednesday 07 November 2018 As part of the CFD-IFIs Series LAUNCH OF THE REPORT The IDB 2018 Latin American and Caribbean Macro Report – A Mandate to Grow, revisits the growth debate that has been raging in the region for the past half century. Viewing the debate from this long-term […]

Bad financial planning blamed for business failures

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BY NELSON A. KING From Caribbean Life A new study by the Washington, D.C.-based Inter-American Development Bank (IDB) says bad financial planning is responsible for failure of creative entrepreneurships in Latin America and the Caribbean. The IDB said on Thursday that about 70 percent of creative entrepreneurships fail because of bad financial planning, lack of […]

Green infrastructure for Latin America and the Caribbean: rich in water, yet thirsty

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THE INTER-AMERICAN DEVELOPMENT BANK (IDB) IS COORDINATING THE LATIN AMERICA AND THE CARIBBEAN SESSIONS DURING WORLD WATER WEEK IN SWEDEN’S CAPITAL, WITH A FOCUS ON THE NEED TO ADOPT NATURE-BASED SOLUTIONS TO ADDRESS THE CURRENT AND FUTURE DEMAND FOR WATER RESOURCES IN THE REGION. STOCKHOLM, Sweden – Latin America and the Caribbean needs to progress […]