Here’s what to expect from the bond market for the rest of the year
By Kathy A Jones, Charles Schwab From Business Insider The bond market continues to confound the experts. Each year since the end of the recession in 2009, consensus expectations have called for higher bond yields and the death of the…
The most competitive economies in the world
By Chris Matei, Visual Capitalist From Business Insider What makes an economy competitive at the global level, and why? It’s a question that economists, investors, and politicians have been asking themselves for decades. And to help answer it, the World…
Cayman Islands Government Debt to GDP 2000-2017
From Trading Economics Cayman Islands recorded a government debt equivalent to 18.50 percent of the country’s Gross Domestic Product in 2015. Government Debt to GDP in Cayman Islands averaged 14.87 percent from 2000 until 2015, reaching an all time high…
Weekly Chart: Military spending in Latin America and the Caribbean
By Elizabeth Gonzalez From AS/COA Though global military spending rose over the last year, Latin America saw a big drop. The Stockholm International Peace Research Institute released 2016 data last month showing that, after the Middle East, Latin America and…
Interview with Costa Rica’s Minister of Foreign Trade, Alexander Mora
From Market Views What has your ministry done to boost Costa Rican exports? Minister Mora: The first achievement that we can claim is that this government has accelerated the process for Costa Rica to become a full member of the…
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Sir Ronald Sanders: Debt strangling a Caribbean generation
By Sir Ronald Sanders From Caribbean News Now There is a real prospect that, in dealing with unsustainable debt, 11 of 13 Caribbean small states will have lost the first three decades of the 21st century, and foregone opportunities for…
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Tide in the affairs of men – The regional private sector must act now
A little over a month ago I attended two meetings in Europe, and they both underscored the necessity for the Caribbean private sector to urgently reconstitute a representative body that is able to actively engage with, and advocate on behalf…
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Sir Ronald Sanders: Globalization has disadvantaged small states
By Sir Ronald Sanders From Caribbean360 PROVIDENCIALES, Turks and Caicos Islands, Friday April 28, 2017 – Globalization was originally a construct of industrialized nations whose economic activity had developed sufficiently to withstand competition within their own borders from other countries,…
Cayman Islands’ Employment and Labour Force grew in October 2016
The total number of persons employed in the Cayman Islands increased to an estimated 40,411 in the October 2016 Labour Force Survey, up from 39,138 persons in the October 2015 survey, a 3.3% increase. The total number of persons comprising…
Moody’s Affirms Cayman Islands’ Aa3 rating; Stable outlook maintained
Moody’s, the international credit rating agency, has maintained Cayman’s Aa3 rating for Government’s bonds issued in a foreign currency, and an Aa2 rating for long-term foreign currency ceiling bonds and notes. The Minister for Finance and Economic Development, Honourable Marco…
