Trinidad News, Tobago News

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Monday, May 04 2015 @ 07:08 PM AST


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Money laundering is one of most serious crimes in Trinidad & Tobago: Francois

On the anniversary of her sister's assassination, Trinidad & Tobago's Financial Intelligence Unit (FIU) Director Susan François connected the dots in a presentation this morning at UWI to demonstrate how money laundering leads to many violent crimes, not classified as money laundering upon committal. She said violent crimes are driving money laundering.

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Tobago to host cruise tourism forum

Tobago will host the Caribbean Cruise forum, Antigua's Observer reported today. Tobago is among the islands with little or no cruise tourism.

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Trinidad and Tobago USD deposits down from highs

Inflation rebounded slightly to 6.7% y-o-y in March 2015, with m-o-m inflation at 1.4%, according to Bloomberg.

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Suriname reserves drop 37.6% y-o-y to US$495.5 million

Central Bank data show international reserves falling for the 23rd consecutive month, by 37.6% y-o-y (the fastest post-devaluation depreciation rate) to USD495.5 million, which we estimate at 2.5 months of import cover.

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Jamaica's IMF programme implementation going strong

The pace of JMD depreciation slowed considerably to 5.59% y-o-y in March 2015—the slowest since November 2012.