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SAN JUAN, Puerto Rico – Discover Puerto Rico, the island’s first-ever Destination Marketing Organization (DMO), celebrates its one-year anniversary, announcing that tourism is the strongest it’s ever been, as the destination tracks towards a record-breaking year. Year-to-date revenue is the highest in the island’s history, with $445 million reported through May.  The island has received […]
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GEORGE TOWN, Cayman Islands (CNS) – Two Venezuelan men appeared in court Tuesday, charged with money laundering in connection with more than US$6 million worth of gold which passed through the Cayman Islands in what appears to be a complex international smuggling case. Last May Daniel Aguailar Feriozzi (25) and Fransisco de Ventura Herrera (26) […]
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By Ray Chickrie Caribbean News Now contributor PARAMARIBO, Suriname — Bolivia’s President Evo Morales will make a brief stop-over in Suriname en route to Russia on July 10. He will be met by president Desi Bouterse at Suriname’s Johan Pengel International Airport where they will sign various agreements and make a press statement. The two […]
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By Caribbean News Now contributor WASHINGTON, USA — Following the Venezuelan government’s confirmation Saturday of the death of Army Captain Rafael Acosta Arévalo, who was charged with crimes of terrorism, sedition, and assassination as part of his participation in the April 30 [attempted] coup against the government of President Nicolas Maduro, the US Department of […]
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WASHINGTON, USA —  On June 12, 2019, the executive board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Grenada. The Grenadian economy continues to grow robustly. GDP expanded by 4¼ percent in 2018, driven by strong activity in construction and tourism. Unemployment has been falling, but it remains high at […]
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GEORGETOWN, Guyana – The Caribbean Guyana Institute for Democracy (CGID) strongly condemns a lawsuit filed by Guyana’s Minister of Education, Nicolette Henry, in the Guyana Supreme Court, against CGID President Rickford Burke.  Henry’s lawsuit states that a March 7, 2019 post on Burke’s Facebook page, which expressed the view that she has “failed Guyana with […]
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GENEVA, Switzerland – Top earners around the world have seen their share of national income rise in the last decade and a half, while everyone else has seen their pay packets shrink by comparison, UN economists reported on Thursday; while simultaneously stronger trade expertise and the creation of a harmonised trade information and facilitation platform […]
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LONDON, England – Moving into the third quarter of 2019, Japan and Singapore hold onto the top spot on the Henley Passport Index, with a visa-free/visa-on-arrival score of 189. This latest ranking of passport power and global mobility, which is based on exclusive data from the International Air Transport Association (IATA)  marks the culmination of […]
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By Tobias Adrian, Rohit Goel and Fabio Natalucci WASHINGTON, USA —The slope of the yield curve in the US has inverted in recent months, making long-term debt significantly cheaper than short-term debt. This inversion is a gauge of investors’ confidence in the economy and signals doubts about future growth. The slope of the Treasury yield curve […]
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