Federal government shuts down after Senate fails to pass funding measures
Both Republican and Democratic proposals that would have funded the government past Tuesday failed in the Senate during the eleventh hour, effectively shutting down the government at 12:01 a.m. on Wednesday. The federal government ran out of money…
Barbados Central bank releases new regulatory framework for payment service providers
The Central Bank of Barbados (CBB) has published a new comprehensive regulatory guidance, which it says is designed to strengthen oversight of the national payment system and provide clarity for payment service providers (PSPs) operating in…
New digital ID will be mandatory to work in the UK
Digital ID will be mandatory in order to work in the UK, as part of plans to tackle illegal migration. Sir Keir Starmer said the new digital ID scheme would make it tougher to work in the UK illegally and offer "countless benefits" to citizens,…
Invest Turks & Caicos Celebrates A Decade Of Innovation at 4th AGA Meeting
Invest Turks and Caicos Islands Agency (Invest TCI) proudly hosted its 4th Annual General Meeting (AGM) on Tuesday, September 16, 2025, at the Ritz Carlton, Turks and Caicos, marking a historic milestone, under the theme ‘ Celebrating a Decade of…
IMF says reserve coverage of monetary union of Curaçao and Sint Maarten remains adequate
The International Monetary Fund (IMF) says the current account deficit of the Monetary Union of Curaçao and Sint Maarten is expected to gradually improve but remains elevated, while reserve coverage remains adequate. The IMF executive board has just…
Bahamas Government reduces VAT on a number of products
Prime Minister Phillip Davis says as a result of the Bahamian economy growing stronger “and government finances are on a sounder footing,” the value added tax (VAT) on a number of products has been reduced from September 1. In a statement, Davis…
Federal Reserve says it will ‘abide by any court decision’ in standoff between Trump and Cook
A Federal Reserve spokesperson on Tuesday said the central bank will abide by any court decision in the standoff between Federal Reserve Governor Lisa Cook and President Donald Trump.