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Cayman Islands maintains solid economic performance

With economic activity growing across all major sectors, the GDP rose by 4% in first quarter 2018. Healthy consumer demand and spending contributed to the highest second quarter growth of merchandise imports since 2005 – valued at $254 million and…

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Italy in the maelstrom of the euro

By Isidoros Karderinis Italy joined the eurozone in 1999, with Prime Minister Massimo d’Alema of the “Democratic Left” party. This fateful participation, which entailed the complete loss of independent monetary policy, is undoubtedly the main cause of the disappointing performance…

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World Tourism Day 2018: Message from Caribbean Tourism Organization Secretary General

Tourism development agency joins global community in celebrating World Tourism Day Secretary General of the Caribbean Tourism Organization, issued the following statement on the celebration of World Tourism Day 2018, Wednesday, September 27, 2018: The Caribbean Tourism Organization (CTO), the…

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Latin America and the Caribbean holds to a path of moderate growth and its economy will expand 1.5% in 2018, despite external uncertainties

ECLAC released today its Economic Survey 2018, in which it offers a profound analysis of the evolution of investment in the region. (August 23, 2018) In an international context marked by uncertainty and volatility, the economies of Latin America and…

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Mozambique tops 2017 Greenfield FDI Performance Index

By Glenn Barklie From fDI A study by fDi Intelligence reveals which countries outperform their size when it comes to generating greenfield FDI Mozambique tops the 2017 Greenfield FDI Performance Index. The southern African country is ranked number one in the…

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CBO cuts US growth forecast amid warnings on trade spats

From Newsmax U.S. economic growth will probably accelerate this year before slowing in 2019 to well below the Trump administration’s 3 percent target as a fiscal stimulus fades, congressional researchers projected on Monday. In an updated economic outlook, the nonpartisan…

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Key economic sectors drive Cayman Islands’ robust growth in 2017

Driven by solid performances in tourism, construction and financial services, the Cayman Islands’ economy recorded strong growth in 2017, with the estimated Gross Domestic Product (GDP) rising by 2.9 percent. This was the highlight of The Cayman Islands’ Annual Economic…

OPINION: If the US-China trade war escalates, how will the Chinese economy respond? Here are the numbers

By Lawrence J. Lau From South China Post Lawrence J. Lau says China can weather the effects of a trade war with the US, even if imports of the products the US is targeting with its tariffs halt completely. The…

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Cayman Islands economic growth surpasses 2017 projections

GRAND CAYMAN, CAYMAN ISLANDS (PRWEB) JULY 17, 2018 Dart Real Estate finds the British Overseas territory’s growing economy has led to an increase in the number of companies choosing to do business on Grand Cayman This uptick in development is…

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ILO calls for urgent action to prevent looming global care crisis

GENEVA (ILO News) – Investment in the care economy needs to be doubled to avert a looming global care crisis, says a new ILO report. Sweeping changes in policies should address the rising need for care and tackle the huge…