by Natalie Moodey | Nov 28, 2024 | Caribbean news
Latest news from Trinidad and Tobago: Now RBC reduces forex limits on credit cards ROYAL Bank of Canada (RBC) has announced a 66 per cent reduction in the foreign exchange (forex) limits on its personal and business banking credit cards. In a notice issued on...
by Natalie Moodey | Nov 28, 2024 | Caribbean news
The United States Department of Justice (DOJ) says a dual citizen of China and St Kitts Nevis, along with persons from China, Cambodia, and the United Arab Emirates, pleaded guilty to one count of conspiracy to commit money laundering for his role in a scheme...
by Natalie Moodey | Nov 7, 2024 | Caribbean news
A recent ruling by Trinidad and Tobago’s Supreme Court has granted US energy giant ConocoPhillips the authority to seize payments directed to Venezuela’s state-owned oil company, PDVSA from the cross-border Dragon Gas project. The court’s decision to uphold...
by Natalie Moodey | Nov 7, 2024 | Caribbean news
Jamaica signs exploratory nuclear energy agreement Jamaica has taken a significant step toward introducing nuclear power as part of its energy mix, signing a Memorandum of Understanding (MOU) with Canadian Nuclear Laboratories (CNL) and Atomic Energy of Canada...
by Natalie Moodey | Nov 7, 2024 | Caribbean news
IMF cuts Bahamas growth projection The International Monetary Fund (IMF) has reduced The Bahamas’ 2024 GDP growth forecast from 2.3% to 1.9%, and further lowered 2025 and 2029 projections to 1.7% and 1.5% respectively. This adjustment decreases the 2024...
