November 13, 2019

Country risk: Barbados and Jamaica offer alternatives to South American turmoil

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By Jeremy Weltman From Euromoney As protests accompany austerity across Latin America, investors may wish to take heed of experts pointing towards the calmer waters of the Caribbean.  Euromoney’s latest country risk survey signalled a positive mood shift towards Caribbean sovereign borrowers in the third quarter of 2019, with upgraded risk scores for Antigua & […]

Economic slowdown continues with regional GDP expected to grow by 0.5% in 2019

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ECLAC presents its Economic Survey of Latin America and the Caribbean, highlighting the importance of expanding fiscal space and reorienting investment, productivity and monetary policies to spur the economies of countries in the region. (July 31, 2019) The Economic Commission for Latin America and the Caribbean (ECLAC) expects economic growth in the region to continue to […]

Devastating Epidemic of Crime & Insecurity in Latin America & Caribbean

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By Luis Felipe López-Calva From IPS UNITED NATIONS, May 15 2019 (IPS) – Development is a very uneven process, accompanied by heterogeneity in outcomes across sectors, across regions and across income groups. Such process, Albert Hirschman elegantly established about 60 years ago, constantly generates tensions and demands for redistribution of resources and power. In this sense, […]

Opinion: Cut the tax to 10%.

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By Jolly Green One of the biggest problems in the Caribbean is the cost of governments. Notionless prime ministers who want to play with the big boys on level playing fields. Want the same salaries and the same perks as large countries while only administering countries the size of small towns or large villages in […]

World Health Day: PAHO calls for equitable access to health care

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This year’s campaign calls for all people to receive integrated, quality health care at the heart of the community. On April 9, PAHO will present a report in Mexico with recommendations on achieving universal health. Washington, DC, 3 April 2019 (PAHO)- Millions of people in the world still lack access to health care and many are […]

GDP grows above-forecast 2.6 percent as business spending picks up

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From Newsmax The U.S. economy cooled by less than expected last quarter as business investment picked up, suggesting growth could be stronger for longer as the Federal Reserve takes a patient approach to interest rates. The 2.6 percent annualized rate of gains in gross domestic product from October to December compared with the 2.2 percent […]

meeco develops clean energy products for tourism sector in Africa

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Project development and financing model sun2share introduced in Botswana The tourism sector is one of the largest industries worldwide and at the same time one of the fastest growing. In 2017, the travel and tourism industry accounted for 10.4% of the global GDP. Especially, in developing nations in Africa this sector is a major economic driver. […]

Building resilience to natural disasters and climate change in Grenada and the Caribbean

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IMF Deputy Managing Director Tao Zhang Grenada February 13, 2019 Ladies and gentlemen, good afternoon! It is an honor for me to speak with you today on my first visit to Grenada. Before coming here, I had often heard Grenada being referred to as an “Isle of Spice.” This simple catch-phrase distinguished it from other Caribbean […]

How the Caribbean can follow in Colombia’s footsteps

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By Matt Turner From Travel Agent Central The Caribbean has a lot to learn from Colombia. That was the theme of the Global Conference on Jobs and Inclusive Growth – Small and Medium Tourism Enterprises, one of the opening events at the Caribbean Travel Marketplace held January 29 – 31 at the Montego Bay Convention Centre in Jamaica. Former Colombia president Álvaro Uribe Vélez addressed […]

The Stalin of the Caribbean: how Nicolás Maduro betrayed the Venezuelan revolution

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By George Eaton From newstatesman Faed with a dystopian economy, the president is resorting to ever more repressive means to maintain control.  In 2014 the Venezuelan president Nicolás Maduro, a fan of John Lennon and Led Zeppelin, declared: “Our side is peace, love and tolerance.” Set against his country’s dystopian state, such words now appear darkly […]