The World Bank claims growth in the Latin America and the Caribbean region is projected to accelerate to a downwardly revised 1.7 percent this year but several Caribbean nations are forecast to buck that prediction, a News Americas analyst has found. Latest data from the World...
Antigua and Barbuda is among countries to be affected as Venezuela’s PDVSA says it is suspending petroleum deliveries to about half of the Caribbean countries in its Petrocaribe agreement. The move comes due to falling crude production and low refinery utilisation, according to a Venezuelan Oil...
Hurricane Bud grew to Category 3 force off Mexico’s Pacific coast on Monday, but forecasters said it was likely to weaken before a possible brush with the resort-dotted southern tip of the Baja California peninsula late in the week. The U.S. National Hurricane Center said Bud...
From the beginning of next month, Bahamians will be paying significantly more in Value Added Tax (VAT). It will increase from 7.5 per cent to 12 per cent. The increase comes three and a half years after VAT was introduced. Minister of Finance Peter Turnquest explained that...
The death toll from Sunday’s powerful earthquake in Guatemala has climbed past 100. As of late yesterday, officials said the death toll was put at 109, according to the Central American country’s disaster and forensic agency. Rescuers were still searching for survivors from the eruption of the...