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CDB optimistic for 2014 reports RBC

RBC Caribbean Economic Report Frosty Weather Contributes to Market Jitters Given that US consumer confidence declined to 78.1 in February 2014, down from 79.4 in January, it can be argued that the polar vortex may have had a role to…

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Trinidad to host Caribbean debt burden meeting

From Caribbean360 Representatives from across the region will attend the meeting organised by the Permanent Secretariat of the Latin American and Caribbean Economic System (SELA) with the General Secretariat of the Association of Caribbean States (ACS). PORT-OF-SPAIN, Trinidad, Thursday February…

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Jamaica meets latest IMF targets

From Caribbean360 The IMF noted that the current account has improved and net international reserves increased to more than US$1 billion by end-December (with gross reserves at US$1.8 billion, equivalent to more than three months of imports). KINGSTON, Jamaica, CMC…

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Barbados to host the inaugural Caribbean Economic Forum

From Caribbean360 The interactive event is the first of its kind in the region and will examine topics ranging from the economic prowess of emerging markets to reform of the IMF. BRIDGETOWN, Barbados, CMC – Distinguished visiting economist Dr C….

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Grenada failed to capitalize on ‘key programme objectives’ – IMF

From Caribbean360 The IMF said that Grenada during the period 2006-11 had received US$15.2 million in assistance under its Poverty Reduction and Growth Facility (PRGF) arrangement and a successor US$13.3 million Extended Credit Facility (ECF) arrangement that was approved WASHINGTON…

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Stock Analyst Sozzi: Sears could disappear by 2017

By Dan Weil From MoneyNews Sears may go out of business by 2017, Brian Sozzi, CEO and chief equity analyst of stock research firm Belus Capital Advisors, concluded after an extremely negative earnings forecast from the retailer Thursday. It predicted…

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OPINION: It’s the economy, Caribbean.

By CMC – From Observer Media Group BRIDGETOWN, Barbados– Barbados Prime Minister Freundel Stuart won the political battle but loss the economic war in 2013. His Trinidad and Tobago counterpart, Kamla Persad Biissessar set a record by losing four political…