July 1, 2022

PopPay Platform expands to Bahamas Government-backed digital currency

Pin It

For First Time Ever, Consumers Can Use Their Face To Make Purchases With A Central Bank Digital Currency PASADENA, Calif. and NASSAU, The Bahamas, May 19, 2022 /PRNewswire-HISPANIC PR WIRE/ — PopID and SunCash announced today that for the first time in history, consumers can now use the PopPay face verification platform to purchase goods and […]

Peter DeCaprio: Why is the business cycle important in economics?

Pin It

The business cycle is important in economics because it explains supply and demand of goods throughout the market.  In the long run, the supply of a good is determined by its marginal cost. In microeconomics, consumers and producers negotiate on price until they reach a sustainable level for both sides. The business cycle, however, takes […]

IMF / Sub−Saharan Africa October 2021 Regional Economic Outlook

Pin It

The IMF is predicting that the pandemic has permanently lowered the path of real GDP in sub-Saharan Africa, suggesting a loss of real per capita output of close to 5.6 percent in the latest issue of the sub-Saharan Africa Regional Economic Outlook report released Thursday (October 21) in Washington, D.C.   “We estimate that sub-Saharan […]

OECS agriculture experts visit Kingdom of Morocco on technical cooperation mission

Pin It

Tuesday, December 17, 2019 — Rabat, Kingdom of Morocco — In an effort to strengthen capacities in the critical areas of agronomy, soil fertility mapping, diagnostic laboratory testing, irrigation, and export market development; a delegation of agriculture experts from the OECS visited the Kingdom of Morocco during the period of November 27 to December 13, 2019. The group, comprising senior personnel […]

IDA: Partnering with the Eastern Caribbean Small States

Pin It

Op-ed by Tahseen Sayed, World Bank Director for the Caribbean Tuesday, December 10, 2019 — With its natural beauty, blue seas, and white sands, the Caribbean has long been a prized destination for visitors.  The region’s location and geography – a source of tourist revenue – are also a source of high vulnerability. The Caribbean is […]

Country risk: Barbados and Jamaica offer alternatives to South American turmoil

Pin It

By Jeremy Weltman From Euromoney As protests accompany austerity across Latin America, investors may wish to take heed of experts pointing towards the calmer waters of the Caribbean.  Euromoney’s latest country risk survey signalled a positive mood shift towards Caribbean sovereign borrowers in the third quarter of 2019, with upgraded risk scores for Antigua & […]

Economic slowdown continues with regional GDP expected to grow by 0.5% in 2019

Pin It

ECLAC presents its Economic Survey of Latin America and the Caribbean, highlighting the importance of expanding fiscal space and reorienting investment, productivity and monetary policies to spur the economies of countries in the region. (July 31, 2019) The Economic Commission for Latin America and the Caribbean (ECLAC) expects economic growth in the region to continue to […]

Devastating Epidemic of Crime & Insecurity in Latin America & Caribbean

Pin It

By Luis Felipe López-Calva From IPS UNITED NATIONS, May 15 2019 (IPS) – Development is a very uneven process, accompanied by heterogeneity in outcomes across sectors, across regions and across income groups. Such process, Albert Hirschman elegantly established about 60 years ago, constantly generates tensions and demands for redistribution of resources and power. In this sense, […]

Opinion: Cut the tax to 10%.

Pin It

By Jolly Green One of the biggest problems in the Caribbean is the cost of governments. Notionless prime ministers who want to play with the big boys on level playing fields. Want the same salaries and the same perks as large countries while only administering countries the size of small towns or large villages in […]

World Health Day: PAHO calls for equitable access to health care

Pin It

This year’s campaign calls for all people to receive integrated, quality health care at the heart of the community. On April 9, PAHO will present a report in Mexico with recommendations on achieving universal health. Washington, DC, 3 April 2019 (PAHO)- Millions of people in the world still lack access to health care and many are […]