April 24, 2018
Oil at $75 as Iran sanction fears mount
Oil prices hit $75 on Tuesday, the highest level in nearly three and a half years, as fears mounted over the prospect of new US sanctions on Iran. Brent crude jumped for the sixth consecutive day, trading as high as $75.27 before falling back…
April 16, 2018
Pound’s strong run continues
The pound sterling has continued its recent strong run against the dollar pushing firmly above $1.43. It is the seventh session in a row that the pound has made gains against the US currency. The strong run means that, among the G10 group of rich…
April 9, 2018
US deficit forecast to hit $1 trillion following tax cuts
The US is heading for a budget deficit of more than $1 trillion (£707bn) by 2020 following tax cuts and higher public spending, according to the Congressional Budget Office. It said that while the measures will temporarily boost the US economy, they…
April 5, 2018
US trade deficit widens in February
America's trade deficit widened in February as its international trade hit a monthly record. The deficit was $57.6bn - the largest monthly gap between exports and imports of goods and services since 2008, the US Commerce Department said. The figures…
March 16, 2018
OVER 150 TRAINED IN STRATEGIC BUDGET REFORM (March 5-16, 2018)
The Ministry of Finance, Trade and Investment in collaboration with the IMF's Caribbean Regional Technical Assistance Centre (CARTAC), conducted training for over 150 policy makers and program managers across Government and Statutory Bodies between…
March 2, 2018
Trade wars are good, says Trump
US President Donald Trump has said "trade wars are good", amid controversy over his decision to impose tariffs on steel and aluminium imports. He tweeted that the US was "losing billions of dollars on trade" and would find a trade war "easy to……
February 16, 2018
US rejects China-led bid for Chicago Stock Exchange
The US has rejected a proposed merger between the Chicago Stock Exchange and a Chinese-linked investor group. The decision comes after more than two years of reviews by officials. The tie-up was initially approved by the Committee on Foreign…
January 29, 2018
Coincheck promises 46bn yen refund after cryptocurrency theft
One of Japan's largest digital currency exchanges has said it will refund most of the $534m (£380m) worth of virtual assets lost in a hacking attack. Coincheck has promised to use its own funds to reimburse more than 46bn yen ($423m) to customers…
January 23, 2018
Trump says no trade war despite Asia outcry over tariffs
US President Donald Trump has brushed off concerns that new tariffs the US has imposed on imported washing machines and solar panels will lead to a trade war. The announcement of the tariffs - of up to 50% - have prompted outcry from China and South…
January 20, 2018
H&M hires diversity leader after global backlash
Following the nearly two weeks of immense backlash over the racially insensitive image that showed a young black boy wearing a “coolest monkey in the jungle” hoodie, H&M has announced they've appointed a global leader in diversity. "The recent…