St Lucia’s VAT and Excise share of the economy
Dear Sir, I may not have the fabled memory of an elephant, but rest assured, it is better than that of a goldfish. Thus, when I see Allen Chastanet, Leader of the Opposition (LOO), engaging in convenient historical revisionism of the recent past, 2016-2021, not only does my antenna get raised, it recoils, compelling me […]
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Haiti’s security crisis ‘is like the Sword of Damocles above us’says foreign minister
NEW YORK, USA – The Caribbean country remains in the grip of a deepening multidimensional crisis affecting the political, security, human rights and humanitarian spheres, with implications for the region. Armed gangs control large swathes of the territory, more than six million people are in urgent need of assistance, and 1.4 million have fled their […]
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At the Greater Providence Chamber of Commerce 2025 Economic Outlook Luncheon, Warwick, Rhode Island By Chair Jerome H. Powell It is a pleasure to be back here in Rhode Island. The last time I had the opportunity to speak to the Greater Providence Chamber of Commerce was in the fall of 2019. I noted then […]
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AFRICA – The board of directors of the African Development Bank Group has approved a new $209 million Country Strategy Paper (CSP) for Lesotho, setting out a roadmap to accelerate the country’s transition toward economic diversification, resilience, and inclusive growth over the next five years. The approval comes at a crucial moment for the landlocked […]
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PAHO – UNITE join forces to strengthen health legislation across the Americas
NEW YORK, USA, (PAHO) – The Pan American Health Organization (PAHO) and UNITE – Parliamentarians Network for Global Health signed a Framework Agreement today to promote stronger legislative action on health in the region of the Americas. The agreement, signed on the margins of the 80th United Nations General Assembly in New York, establishes a strategic […]
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UWP senator relates cost of living crisis in St Lucia
By Caribbean News Global CASTRIES, St Lucia – Delivering remarks at the United Workers Party (UWP), September 16, opposition senator Herod Stanislas stated the reality is this: “The cost of living has climbed beyond what ordinary families, workers, and businesses can bear.” Senator Stanislas argued, “I stand before you today not just as a political representative, […]
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SANTIAGO DE CHILE – The Economic Commission for Latin America and the Caribbean (ECLAC) has pointed out on numerous occasions that information and communications technologies (ICTs) are not enough in themselves to make public systems more efficient and effective but must instead be paired with other key elements in order to achieve those objectives. The […]
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IMF new credit line supports Costa Rica’s remarkable reforms
Precautionary arrangement signals Costa Rica’s very strong policy frameworks and economic achievements, and sets the stage for further gains COSTA RICA / USA – In early June, the IMF approved a two-year Flexible Credit Line (FCL) for Costa Rica. This followed the Central American nation’s years-long and ambitious reform agenda, which has helped to increase growth, lower […]
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Global progress on social justice slowed by persistent inequalities, new ILO report warns
New assessment shows advances in poverty reduction, education and productivity, but progress has stalled in recent years, leaving deep inequalities and eroding trust in institutions. GENEVA, Switzerland, (ILO News) – Despite major gains in education, poverty reduction and productivity over the past three decades, entrenched inequalities, fragile trust in institutions and slow progress in key […]
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‘Our democracy is non-negotiable,’ president Lula of Brazil tells UNGA80
NEW YORK, USA – The UN symbolises the highest expression of the aspiration for peace and prosperity, but the ideals that inspired its founding 80 years ago are under threat as never before, Brazilian President Luiz Inácio Lula Da Silva told the General Assembly on Tuesday. “Multilateralism is at a new crossroads” and the world is “witnessing […]
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