The Model Is Broken – ‘The Changing Face of Caribbean Banking’
From The Voice In the year 2014, the economies of the OECS and without a doubt, the wider Caribbean, stand with their backs against the wall, thrust into that position by behemoth forces. To be specific, the region’s development to…
Cayman Islands Finance Minister delivers the government’s Strategic Policy Statement for financial year ending 2016
Government of the Cayman Islands Strategic Policy Statement for the Financial Year Ending 30th June 2016 Address by the Hon Minister for Finance & Economic Development, Hon. Marco Archer 26th November 2014 Introduction Madam Speaker, the Government’s 2015/16 Strategic Policy…
Bahamas debt higher than ‘2/3 of world’
By Neil Hartnell Tribune Business Editor From Tribune 242 The Bahamas may be the least indebted tourism-based economy in the Caribbean,but a top International Monetary Fund (IMF) executive has warned its debt-to-GDP ratio is higher than “two-thirds” of other countries. This…
Still waiting on his ships to come in
By Patrick Hoyos From Caribbean360 BRIDGETOWN, Barbados, Tuesday November 4, 2014 – Refusing to swallow the medicine from the doctor at the central bank, which had done its best to sugar-coat the bad-tasting prescription without success, our resolute minister of…
IMF: Caribbean economies face difficult outlook
By Mbuyamu Matungulu and Marcio Ronci, IMF, Caribbean Corner From Breaking News T&T With the exception of commmodity exporters, most Caribbean countries have experienced low growth and low inflation (above) and large fiscal and external imbalances that brought about high…
Raising resilience in Small Islands States: A Caribbean Perspective
From ACP Brussels, 10 October 2014/ ACP: Island countries have long capitalized on their unique geography, tropical climate, remote locations and vibrant cultures to attract tourists from across the globe looking for a quick “get away”. But beyond the sand…
St. Kitts and Nevis has much to celebrate as Nation marks 31 years of Independence
From SKN Vibes BASSETERRE, ST. KITTS, SEPTEMBER 20TH 2014 (CUOPM) – The people of St. Kitts and Nevis have good reason to celebrate the 31st Anniversary of Independence as the twin-island nation has grown from strength to strength with outstanding…
Cayman Islands finance minister says 1st ¼ figures show economic recovery
Marco Archer, the Cayman Islands Minister of Finance & Economic Development has announced the Cayman Islands’ First Quarter Economic Report 2014 that was prepared by the Economics and Statistics Office. He said the performance during the first quarter of 2014…
Latin America [and Caribbean] scores lowest on security
by Jan Sonnenschein From Gallup World Venezuelans report lowest security levels worldwide WASHINGTON, D.C. — Residents of Latin America and the Caribbean were the least likely among all global regions last year to feel secure in their communities. In 2013,…
Grenada optimistic of amicable solution to honour its debts
From Caribbean360 ST. GEORGE’S, Grenada, CMC –The Grenada government says it remains optimistic that an amicable solution will be found as it seeks to honour its debt with national and international creditors in the wake of a recent ruling by…