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…
The IMF/BCCI mugger
By Dean Henderson from Left Hook Around the World Trip 2009 315Since its inception, the International Monetary Fund (IMF) has violently abused the people of the developing world in its role as debt collector for the Eight Families’ Rothschild-led banking…
Jamaica’s finance minister outlines pitfalls to Caribbean economic growth
By Marie Claire Williams From Caribbean360 MONTEGO BAY, Jamaica,, CMC – A two-day High Level Caribbean Forum began here on Thursday with Jamaica’s Finance Minister Dr. Peter Phillips warning that sustainable growth and development in the Caribbean will not be…
China’s economic rise challenges the IMF’s relevance
From Jeremy Tordjman, AFP By Business Insider Washington (AFP) – The International Monetary Fund was launched in 1944 with the world’s new superpower, the United States, in position as the key force and shareholder in the global crisis bank. Today,…
IMF helps in sustainable growth of the Caribbean
From The Antigua Observer WASHINGTON (CMC) – Seven years after the onset of the global financial crisis, the International Monetary Fund (IMF) says it has been helping Caribbean and other countries move from stabilization to sustainable growth. In her foreword…
IMF says Grenada still facing ‘significant challenges’
From Caribbean360 IMF-740ST. GEORGE’S, Grenada, Thursday August 28, 2014, CMC – An International Monetary Fund (IMF) delegation Wednesday ended a 10-day visit to Grenada warning that the local economy continues to face significant challenges from high unemployment, a large debt…
Canada promotes enhanced public financial management in the Caribbean
The Government of Canada announced funding toward the Enhancing Public Financial Management in the Caribbean initiative, which will improve the capacity of national institutions to better manage public finances in the face of rising financial vulnerabilities. The initiative, valued at…
The new Bank of BRICS: What’s in it for small economies?
By Sir Ronald Sanders From Huntington News It is news that should awaken the World Bank and the International Monetary Fund (IMF) from their complacent attitude toward developing countries. It is also news that should confirm to the G20 that…
Trinidad and Tobago vulnerable to energy price decline – IMF
From Caribbean360 WASHINGTON D.C., United States, CMC – The International Monetary Fund (IMF) Wednesday warned that Trinidad and Tobago remains vulnerable to a decline in energy prices, and called for structural reforms to diversify the economy and improve its growth…
iNews Briefs
Former head of Cayman Islands private bank charged with giving data to WikiLeaks By Katharina Bart From Chicago Tribune News Reuters, ZURICH— A Swiss prosecutor brought charges against former Julius Baer private banker Rudolf Elmer on Wednesday for allegedly handing…
