Search Result for: global finance
110 results found.
St Vincent and the Grenadines to Receive $6.4M IMF Disbursement
Above: St Vincent (CJ Photo) By the Caribbean Journal staff The International Monetary Fund’s Executive Board has approved a $6.4 million disbursement to St Vincent and the Grenadines, the organization announced Friday. The funding will be drawn from a Rapid […]
Haiti to Launch Cholera Vaccination Push
Above: a cholera treatment centre in Haiti after the earthquake (UN Photo/Marco Dormino) By the Caribbean Journal staff Haiti will be launching a major push to vaccinate citizens against cholera. The programme will target 200,000 people in three departments, starting […]
“The Race Is On” Against Climate Change
Above: United Nations Secretary General Ban Ki-moon (UN Photo/E. Debebe) By the Caribbean Journal staff The impacts of climate change are already being felt and it’s time to consider concrete actions before it’s too late, United Nations Secretary General Ban […]
BP Chairman Visits Trinidad
Above: the meeting at the Trinidad Hilton By the Caribbean Journal staff BP plc Chairman Carl Henric Svanberg visited Trinidad and Tobago earlier this week, according to the country’s government. On Wednesday, Svanberg, who is also the chairman of Volvo, […]
The Bahamas, Led By Baha Mar, Eyes Tourists From China
Above: the Baha Mar resort project, the largest in the Caribbean By the Caribbean Journal staff It’s perhaps the biggest question about what is the largest resort project in the Caribbean: can the Baha Mar, financed by China’s Export-Import Bank, […]
Op-Ed: Green Energy Solutions Could Save the Caribbean $200 Million
By Jun Zhang Op-Ed Contributor HIGH ENERGY costs are the Achilles heel of the Caribbean. More than 97 percent of this region’s electricity is generated from fossil fuels and many islands devote a hefty portion of their GDP to fuel […]
British Virgin Islands, US Close to Signing FATCA Agreement
Above: the British Virgin Islands By the Caribbean Journal staff The British Virgin Islands and the United States are close to signing an agreement on implementing the US’ Foreign Account Tax Compliance Act financial law (FATCA). Last week, the two […]
Op-Ed: Mark Simmonds on Public-Private Partnerships in the Caribbean
By Mark Simmonds, MP Op-Ed Contributor AS OUR governments strive to create the conditions for sustainable economic growth, identifying avenues for continued investment in public infrastructure is as crucial as it is challenging, given fiscal constraints across much of Europe […]
IDB Urges Increased Productivity to Drive Caribbean Growth
Above: Inter-American Development Bank President Luis Alberto Moreno (Photo: OECD) By the Caribbean Journal staff High volatility took a toll on regional growth in Latin America and the Caribbean in 2013, according to the Inter-American Development Bank. Regional GDP growth […]
Political Independence and Economic Development in the Caribbean
By Paul Hay CJ Contributor In 2003, Alvin G. Wint – former head of the Department of Management Studies at the University of West Indies, Mona Campus – noted in his book, “Competitiveness in Small Developing Economies: Insights from the […]
Why the Caribbean Needs to Go Green
Above: a wind farm in Nevis (CJ Photo) By Michael W Edghill CJ Contributor NO, THE FOCUS of the following is not going to be on the impending doom of global climate change and the peril that island nations will […]
Transforming Productivity in Jamaica
By Dennis Chung CJ Contributor LAST WEEK I referred to what I think is Jamaica’s biggest risk (that of the unproductive human resources) and also addressed my belief that the economic programme is on the right track, given the accomplishments […]
Jamaica’s Big Risk
By Dennis Chung CJ Contributor WHILE walking, or cycling, I often see people who ask me many questions relating to the economy, finances, or issues about my second book. In the last few weeks, though, I notice that the majority […]
Cayman Islands, Malta Sign Tax Information Exchange Agreement
Above: Cayman By the Caribbean Journal staff The Cayman Islands has signed a tax information exchange agreement with the Republic of Malta. The two sides completed the TIEA this week ahead of the Joint Ministerial Conference meeting of British Overseas […]
Cayman Islands, United Kingdom Sign “FATCA-Type” Agreement
Above: UK and Cayman Islands officials (Photo: Ministry of Financial Services) By the Caribbean Journal staff The Cayman Islands and the United Kingdom signed what the former called a “FATCA-type” agreement on Tuesday. The agreement paves the way for Cayman […]
UK Overseas Minister to Visit Cayman
Above: UK Minister for the Overseas Territories Mark Simmonds By the Caribbean Journal staff Mark Simmonds, the Minister for the Overseas Territories at the United Kingdom’s Foreign and Commonwealth Office, will be visiting the Cayman Islands next week. Simmonds’ visit […]
Op-Ed: Dileep Rao on Developing Caribbean Entrepreneurs
By Dileep Rao Op-Ed Contributor ACROSS THE world, many believe that it is a shortage of venture capital (VC) that is holding back new business development. Accordingly, governments, often with expert advice, create VC pools with the hope that this […]
Bahamas PM Defends Offshore Economies in Speech to UN General Assembly
Above: Bahamas PM Perry Christie (UN Photo/Ryan Brown) By the Caribbean Journal staff The United Nations needs to develop mechanisms to govern offshore financial services in order to protect small offshore economies, Bahamas Prime Minister Perry Christie told the UN […]
Antigua and Barbuda Courts Investment in the United Arab Emirates
Above: the Burj Khalifa By the Caribbean Journal staff Antigua and Barbuda Finance Minister Harold Lovell has returned to the country following a trip to Dubai, the Ministry announced. Lovell was in the United Arab Emirates to present at the […]
JetBlue Expanding to Trinidad
Above: JetBlue planes By the Caribbean Journal staff JetBlue isn’t done with its Caribbean expansion. The New York City-based carrier will be launching flights to Trinidad beginning in July 2014, according to Trinidad’s government. The news, rumoured for several months, […]
Who Will Lead Caribbean Transformation?
By Zhivargo Laing CJ Contributor Dr Shelton Nicholls, former deputy director of the Central Bank of Trinidad and Tobago, was right when he said Caribbean countries needed to ensure economic growth strategies address the current challenges as well as take […]
The Caribbean’s Incarceration Problem
By Michael W Edghill CJ Contributor Every now and again, a report or statistic comes along that presents something genuinely surprising. A few weeks ago, that statistic came by way of a graphic shared through social media. The graphic showed the […]
Cayman Asks UK For Inclusion in European Tax Convention
Above: Cayman By the Caribbean Journal staff The government of the Cayman Islands has formally asked the United Kingdom to be extended membership in the OECD/Council of Europe Multilateral Convention on Mutual Administrative Assistance in Tax Matters. The convention aims […]
Cayman Islands, United States Conclude Talks on FATCA Law
Above: Georgetown (CJ Photo) By the Caribbean Journal staff The Cayman Islands and the United States have concluded talks on an intergovernmental agreement and a new tax information exchange agreement. Both pave the way for an automatic exchange of information […]
CARICOM is 40, But Who is Celebrating?
By Zhivargo Laing CJ Contributor The Caribbean Community (CARICOM) is celebrating 40 years of existence. But who is really celebrating? Certainly not the masses of Caribbean peoples, plagued with high levels of unemployment, crime, debt and anxiety about the future. […]
Antigua: No Intention to Reengage With International Monetary Fund
Above: Antigua (CJ Photo) By the Caribbean Journal staff Following the successful completion of its Stand-By Arrangement with the International Monetary Fund, Antigua has no plans to reengage with the IMF, according to Finance Minister Harold Lovell. Antigua will maintain […]
China and the Caribbean — a Marriage Made in Heaven?
By Zhivargo Laing CJ Contributor ON A recent radio show in the Bahamas, the topic of China’s $8 million loan to the country was being discussed. A curious caller asked, “what do the Chinese want for these loans anyway?” Her […]
Paul Hay: What History Means for Jamaica’s Logistics Hub
By Paul Hay CJ Contributor IN MY Op-Ed, “The Logistics Hub Project and Jamaica’s Development,” I indicated that Jamaica’s Logistics Hub initiative intends to make use of the island’s strategic geographic location to attract larger ships that will be able […]
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