by Natalie Moodey | May 8, 2024 | Caribbean Insight
Central Bank authorises loan repayment moratoria. Amid Haiti’s ongoing challenges, the Bank of the Republic of Haiti (BRH) has issued Circular 115-5, granting financial institutions authorisation to provide a moratorium from 1 April to 30 September 2024. Under...
by Natalie Moodey | May 8, 2024 | Caribbean Insight
The European Union (EU) has signalled its willingness to support the Dragon Pipeline between Venezuela and Trinidad and Tobago despite reimposition of US sanctions on Venezuela. The 90-kilometre pipeline project between the two countries has been in the news in...
by Natalie Moodey | May 8, 2024 | Caribbean Insight
The International Monetary Fund (IMF) has projected a two per cent economic growth for the Latin America and Caribbean (LAC) region this year, highlighting both resilience and ongoing challenges. IMF says that the region has shown “quite a bit of resilience” and that...
by Natalie Moodey | Apr 18, 2024 | Caribbean Insight
The United States is renewing sanctions on Venezuela’s oil industry, after easing some of the penalties for six months in return for assurances the South American country would hold free and fair elections this year. Senior U.S. officials said the government of...
by Natalie Moodey | Apr 18, 2024 | Caribbean Insight
Haiti’s transitional council have finalised a deal for the selection of a temporary government to take charge of the country as it grapples with crippling gang violence and social unrest. French news agency, AFP reported that the accord establishes a nine-member...
by Natalie Moodey | Apr 8, 2024 | Caribbean Insight
The Royal Navy has seized nearly £17m worth of drugs after it intercepted smuggling speedboats in the Caribbean Sea. Across two operations, HMS Trent seized 200kg of cocaine and other drugs with an estimated street value of £16.7 million. Defence Secretary Grant...