New Year: New resolution or same old illusion
By Sir Ronald Sanders From Caribbean News Now The prospects of economic growth and social development for the English-speaking Caribbean region in 2016 are not bright. While there may be improvements in a few countries, they will each continue to…
Coping with an unhappy new year
From Trinidad and Tobago NewsDay With the high debt levels and a number of countries running deficits, it is expect-ed that fiscal consolidation will continue. While in theory that may sound appropriate, the Minister of Finance and the new Governor…
IMF slashes Bahamas 2016 growth to 1.5%
By Neil Hartnell From Tribune 242 The International Monetary Fund (IMF) has slashed its 2016 growth forecast for the Bahamas by a further 0.7 percentage points to just 1.5 per cent, due to the Baha Mar impasse. The Fund, in…
New SwissLeaks analysis reveals how tax haven secrecy harms developing countries
30 September 2015 -New, detailed examination of the SwissLeaks files by Christian Aid working with the US-based Financial Transparency Coalition (FTC) graphically reveals the harm tax haven secrecy does to the economies of developing countries. The SwissLeaks scandal involves thousands…
Cayman Islands finance minister announces growth and decline – both GOOD
Cayman Islands domestic economy sustains growth in the first quarter The Cayman Islands economy is estimated to have grown by 1.4 percent in the first quarter. “This is slightly lower than the 1.5 percent recorded a year ago, nonetheless this…
The Caribbean energy bloc led by Venezuela is holding a key meeting on energy in the region.
Venezuelan President Nicolas Maduro arrived in the island nation, after flying directly from Qatar. In Jamaica, he’ll be meeting with Caribbean leader Saturday for a summit of the oil bloc PetroCaribe. “We are constructing a multicentric and multipolar world,” said…
The British economy looks like it’s hitting a wall — and the next government will have to deal with it
By Mike Bird From Business Insider Two slightly worrying figures about the UK economy were published this week. First, the GDP estimate for the first quarter of 2015 was a huge miss in comparison to forecasts. Economists had expected a…
Study finds Caribbean share of global tourism declining
From Jamaica Gleaner Tourists at a beach in Negril, Westmoreland. – File CMC: A study examining what is driving the tourism flows in the Caribbean has found that the region’s share of the global tourism market is declining. The International…
OECS diplomat has dire warning for Caribbean countries
From St Lucia News CMC – The former director general of the Organisation of Eastern Caribbean States (OECS), Dr. Len Ishmael, says the Caribbean will never achieve the status of economic resilience, as long as the international community insists on…
Emerging markets: More thoughts on what expats can teach us about investing
By Peter Kohli, From Nasdaq In Part 1 of this article discussing the four Central American countries where expats from the United States have decided to move, my focus was on Panama and Costa Rica. I now turn my attention…
