WASHINGTON, June 8, 2021 — The global economy is expected to expand 5.6% in 2021, the fastest post-recession pace in 80 years, largely on strong rebounds from a few major economies. However, […]
The media is buzzing with claims of an “Economic Boom” in 2021. While the economy will most certainly grow in 2021, the question is how much is already “baked in?” “The economy has entered a […]
NASSAU, BAHAMAS — Abaco’s gross domestic product (GDP) fell nearly 60 percent in 2020 from a five-year high of just under $600 million in 2018, according to data released by the Department […]
NASSAU, BAHAMAS — Prime Minister Dr Hubert Minnis today asserted that his administration’s efforts thus far have positioned the Bahamian economy to “not only recover but thrive” in a post-pandemic world, as […]
“This year will be the most difficult year,” announced President Chan Santokhi. The government has not had an easy time for the past ten months. The head of state said that this year the […]
Barahona, Dominican Republic.- President Luis Abinader yesterday re-inaugurated the Port of Barahona (southwest), an initiative that is “part of the government policy.” He said the port will spur the economic recovery of […]
Bank of Jamaica (BOJ) Governor, Richard Byles, says Jamaica’s net international reserves (NIR) remain healthy, amounting to US$3.3 billion, as at the end of April. Speaking at the BOJ’s digital quarterly media […]
WASHINGTON, May 12, 2021 — Despite COVID-19, remittance flows remained resilient in 2020, registering a smaller decline than previously projected. Officially recorded remittance flows to low- and middle-income countries reached $540 billion […]
As more Americans get vaccinated and the country’s economic outlook improves, there’s a question on the minds of both renters and landlords: What will happen to rent prices once the pandemic ends? […]
NASSAU, BAHAMAS — While the government saw an improvement in its revenue intake during the third quarter of the fiscal year due to the continued relaxation of COVID-19 restrictive measures and the […]
