March 11, 2025
Stocks slump, market closes down amid recession fears
U.S. stocks plunged on Monday, suffering widespread losses amid an escalating trade war a day after President Donald Trump declined to rule out the possibility of a recession. The Dow Jones Industrial Average closed down 890 points, or 2%, while the…
March 6, 2025
Antigua and Barbuda Government denies defaulting on Chinese loans
The Antigua and Barbuda government has dismissed as “false and misleading” claims that the country is behind in its multi-million dollar loan payments to China for the air and seaports. Prime Minister Gaston Browne told Parliament that his…
March 3, 2025
Guyana sending trade mission to Brazil
Guyana is sending a trade mission to Brazil this month as the two countries seek to strengthen trade relations between them. A government statement said that the mission comprising government officials and private sector representatives will visit…
March 2, 2025
China February manufacturing hits 3-month high, but US tariff war clouds outlook
BEIJING, March 1 (Reuters) - China's manufacturing activity expanded at the fastest pace in three months in February as new orders and higher purchase volumes led to a solid rise in production, an official factory survey showed on Saturday. The…
February 11, 2025
Trinidad to hold talks with US government on Venezuelan oil project
The Trinidad and Tobago government says it will be seeking to “engage and apprise” the new Donald Trump administration in the United States of the important projects being developed with Venezuela not only to Trinidad and Tobago but to the energy…
February 3, 2025
Mexico, Canada respond to Trump’s tariffs: ‘Difficult times’ are ahead
White House officials announced that President Donald Trump has imposed 25% tariffs on Mexico and Canada and 10% tariffs on goods from China. Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum both responded Saturday…
January 30, 2025
CAF to host Latin American and Caribbean Economic Forum
The development bank of Latin America and the Caribbean (CAF) will host a two-day forum bringing together global and regional leaders to discuss and formulate strategies to promote sustainable economic growth and the well-being of people from Latin…
December 24, 2024
T&T Government urges people to take advantage of tax amnesty
The Trinidad and Tobago government is urging people to take advantage of the tax amnesty which provides a waiver on the penalties for the duration of October to the end of this month. In a statement, the Ministry of Finance said that the tax amnesty…
December 21, 2024
CDB approves multi-million US$ loan to build geothermal energy plant
The Barbados based Caribbean Development Bank has approved a loan of US$ 34.8 million loan to the Geothermal Power Company of Dominica (GPC) to fund the construction of a 10-megawatt (MW) geothermal power plant. The project is designed to strengthen…
December 8, 2024
Government to issue bond to raise funds to pay former LIAT workers
Prime Minister Gaston Browne says Antigua and Barbuda will be issuing a bond to cover the estimated EC$16.7 million (One EC dollar=US$0.37 cents) in severance payments to former employees of the bankrupt LIAT 1974 limited. “Our government is…