June 23, 2025
Barbados to receive nearly US$60 million from IMF
The executive board of the International Monetary Fund (IMF) Friday said it had concluded the fifth and final reviews of the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF) arrangements with Barbados. The…
June 8, 2025
Musk could lose billions of dollars depending on how spat with Trump unfolds
NEW YORK (AP) — The world’s richest man could lose billions in his fight with world’s most powerful politician. The feud between Elon Musk and Donald Trump could mean Tesla’s plans for self-driving cars hit a roadblock, SpaceX flies fewer missions…
May 30, 2025
THE ANTI-MONEY LAUNDERING COMMITTEE HOSTS SERIES OF NATIONAL MONEY LAUNDERING/ TERRORISM FINANCING / PROLIFERATION FINANCING RISK ASSESSMENT WORKSHOPS
The Anti-Money Laundering Committee (AMLC) hosted a series of workshops from May 5-13, 2025, aimed at identifying and updating our understanding of the Money Laundering (ML), Terrorism Financing (TF) and Proliferation Financing (PF) risks to the…
May 29, 2025
Bahamas worried over increased tariff as announced by United States
The Bahamas government Wednesday warned that the implementation of a 10 per cent tariff by the United States on goods and services exported from the Caribbean Community (CARICOM) country “could potentially influence both trade flows and visitor…
May 20, 2025
Sandals denies properties up for auction for non payment of taxes in Bahamas
Sandals says some of its properties in Exuma that ended up on an auction list published by the Department of Inland Revenue (DIR) is a mistake that will be rectified. “We are aware of recent media reports suggesting that private properties owned by…
May 16, 2025
OECS trade ministers meeting against shifting global trading arrangments
Trade ministers from the Organisation of Eastern Caribbean States (OECS) began a two-day meeting here against the backdrop of a changing global trade environment and the need for the sub-region to respond appropriately to those changes. Grenada’s…
May 8, 2025
Fed holds interest rates steady, defying pressure from Trump
The Federal Reserve held interest rates steady on Wednesday, just weeks after President Donald Trump intensified calls for lower borrowing costs and voiced eagerness about Fed Chair Jerome Powell's potential "termination." The move marked the Fed's…
May 1, 2025
US economy shrank at start of Trump’s 2nd term
The U.S. economy shrank over the initial months of President Donald Trump’s second term as a flurry of tariff proposals stoked uncertainty among businesses and consumers. U.S. gross domestic product, or GDP, declined at a 0.3% annualized rate over…
April 21, 2025
China warns countries against striking trade deals with US at its expense
BEIJING, April 21 (Reuters) - China on Monday accused Washington of abusing tariffs and warned countries against striking a broader economic deal with the United States at its expense, ratcheting up its rhetoric in a spiralling trade war between the…
April 17, 2025
Fed Chair Powell sounds alarm on tariffs, sending stocks lower
Federal Reserve Chair Jerome Powell said Wednesday that he expects President Donald Trump's tariffs policy to cause higher inflation and slower economic growth, complicating potential central bank efforts to ease the fallout. "The level of the…