Trinidad News, Tobago News

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Wednesday, November 25 2015 @ 02:08 AM AST


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Hurricane damage strains The Bahamas' fiscal balance, EIU says

On November 17 the Inter-American Development Bank (IDB) announced US$200,000 in technical assistance for humanitarian support to islands that suffered serious damage from Hurricane Joaquin at the start of October, the Economist Intelligence Unit said in analysis released November 23.

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Cayman Islands earns KY$18 on every KY$1 spent on financial services

Jude Scott, CEO of Cayman Finance said recent research undertaken by Cayman Finance found that for every KY$1 spent by the Cayman Islands government on financial services, government receives approximately KY$18 in revenue.

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EIU believes falling nickel prices will hurt Cuba's export earnings

Nickel prices have dropped sharply in November, from around US$10,000/tonne at the beginning of the month to just above US$8,100/tonne on November 23, the Economist Intelligence Unit (EIU) said in analysis released yesterday.

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Citibank CEO meets Dominican Republic Central Bank Governor

Citibank sent a team of its highest executives to meet the governor of the Dominican Republic Central Bank, a statement from the regulator said today.

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St Lucia economy recovering from recession but still haunted by high unemployment, high public debt

Economic activity in St Lucia is recovering and the short-term growth outlook is positive, but high unemployment and high public debt are weighing the economy down, the International Monetary Fund (IMF) said in a statement today.