economy

Workers are seen at the construction site of the New National Stadium, the main stadium of Tokyo 2020 Olympics and Paralympics | Photo: Reuters

Just 10 Percent of Workers Get Nearly Half of Global Wages: ILO

Ten percent of workers receive 48.9 percent of total pay worldwide, while the lowest paid 50 percent of workers receive just 6.4 percent, the International Labour Organization (ILO) said here on Thursday.

July 5, 2019
Published in World News

Bank of Jamaica (BOJ) Governor, Brian Wynter, emphasises a point while addressing journalists at the Central Bank’s quarterly media briefing at the BOJ Auditorium in downtown Kingston on Thursday.

JAMAICA | BOJ Governor says Macroeconomic Prospects Remain Positive

KINGSTON, Fewbruary 22, 2019 - Bank of Jamaica (BOJ) Governor, Brian Wynter, says the country’s macroeconomic prospects “remain positive as the indicators and outputs continue to show signs of recovery.

February 22, 2019
Published in Business & Economy

Barbados Credit Rating ‘To Rise by Year-End’

BRIDGETOWN, Barbados - After lingering in ‘junk’ territory for years, Barbados’s investment grade is projected to begin rising again by the end of this year, the Government’s senior technical adviser, Dr. Kevin Greenidge, said last week.

October 22, 2018
Published in Business & Economy

People from the DRC flee the fighting. Movement of people is restricted across the continent. EPA/DAI KUROKAWA

The free movement of people is an AU ambition: what’s standing in its way

The African integration project took several major steps this year. One of them was the African Union’s adoption of a protocol on the free movement of people. The move has been widely welcomed.

July 31, 2018
Published in Politics

President Nicolás Maduro went to the country to announce the measures to counteract the economic situation of the country. | Photo: Prensa Presidencial

Venezuela's New Currency Starts Circulating August 20

The president of Venezuela, Nicolás Maduro, announced that on Monday, August 20, a new currency will begin to operate in the country, going from the Bolívar to the Bolívar Soberano (Sovereign Bolivar), anchored to the cryptocurrency, the Petro, the president said.

July 26, 2018
Published in World Economy

Prime Minister Mia Amor Mottley speaking at the Business Luncheon of the Barbados Chamber of Commerce and Industry, at the Lloyd Erskine Sandiford Centre while BCCI President Edward Clarke looks on. (C.Pitt/BGIS)

BARBADOS | Mottley says Mini-Budget Absolutely Necessary

Prime Minister Mia Amor Mottley has described her recently delivered Mini-Budget as “not perfect”, but “absolutely necessary to stop the bleeding” in the economy.

July 25, 2018
Published in Business & Economy

Prime Minister Mia Mottley says she has been forced to go to the IMF due to the dire state of the country's economy.

BARBADOS | Economy in dire straits, Mottley calls Lagarde

BRIDGETOWN, Barbados, June 2, 2018 - IMF Managing Director Christine Lagarde says an IMF team, led by Bert van Selm, will be visiting Bridgetown on Tuesday to start discussions on how the Fund can support the Mia Mottley administration's economic plan.

June 2, 2018
Published in Business & Economy

Canada's Prime Minister Justin Trudeau says there's a strong chance of reaching a deal to revamp NAFTA. | Photo: Reuters

Canada's Justin Trudeau: 'NAFTA Negotiations Close to an End'

Canada's Prime Minister Justin Trudeau says there's a strong chance of reaching a deal with the United States and Mexico to revamp the North American Free Trade Agreement.

April 6, 2018
Published in World News

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