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Oil prices settled up by more than $3 a barrel on Friday, supported by tight supply, but they notched their second weekly decline on concern that rising interest rates could push the world economy into recession. Crude has gained…
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(United Nations News) Russia’s continued invasion of Ukraine is causing immense suffering and devastation there, but also creating a “perfect storm” which could devastate the economies of “many developing countries”, the UN chief warned on…
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The Bahamas is experiencing a tourism-led rebound. The economy expanded by 13.7% in 2021, as net tourism receipts tripled relative to 2020. The strong recovery is expected to continue in 2022, with real GDP growth projected at 8%. …
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CARICOM Ministers with responsibility for Trade and Economic Development have emphasised the need for the Community to develop robust strategies to respond to the impact COVID-19 has had on the Region’s economy. The Ministers met 28 and…
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Residents of CARICOM travelling within the region are expected to experience a 70 – 98% saving on roaming charges starting April 2022. This treats with the vexed issues of unpredictable charges associated with roaming and “bill shock”. …
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