Daily News

By Chris Patterson KINGSTON, Jamaica, (JIS) – Caribbean Community (CARICOM) leaders have agreed to amend the Revised Treaty of Chaguaramas by March 30, 2024, to guarantee all CARICOM nationals the right to unrestricted travel to live and work in the Member countries of the Community Chairman of CARICOM and prime minister of Dominica, Roosevelt Skerrit, made the announcement during a press conference on July 5 to provide an update on decisions arrived at during the 45th regular meeting of the […]

BOGOTA, Colombia – The Inter-American Development Bank (IDB) approved a $500 million loan for the Program to support sustainable and equitable fiscal policies in Colombia, which aims to boost equity and long-term fiscal and environmental sustainability. Through this program, Colombia will work to establish a more equitable and effective tax system and advance its environmental and decarbonization strategy. The program will benefit the Colombian people as a whole by making more resources available for social investment and reducing the environmental […]

By Sir Ronald Sanders The peoples of small island states and coastal communities have long relied on the ocean for a multitude of benefits, including recreation, the delivery of goods and tourists, and a vital source of food through fishing. However, all these benefits, and much more, are currently under grave threat due to climate change, global warming, and sea-level rise. The damage is already taking its toll, imperceptibly but steadily, and it is crucial that we take action to […]

By Khoder Nashar PORT OF SPAIN, Trinidad, (WAM) – Dr Sultan bin Ahmed Al Jaber, minister of industry and advanced technology, and COP28 president-designate, today addressed the Conference of the heads of government of the Caribbean Community (CARICOM) in Trinidad and Tobago, where he said Caribbean nations will play a critical role at COP28 in aligning support for climate action, and that old models must be challenged to ensure that climate diplomacy delivers results for Caribbean nations. “At COP28, the […]

BOCA RATON, Fla.–(BUSINESS WIRE)–SourceNow, a global leader in contingent talent solutions, is proud to announce the full acquisition and unification of its subsidiaries: Distinctive Workforce Solutions, Distinctive Personnel, and ManageRight Technologies, under the visionary leadership of its CEO, Jean-Paul Renard. This strategic move positions SourceNow as the only company in the global staffing industry that owns and delivers proprietary Vendor Management Software, Managed Services, Temporary Staffing, Professional Services Staffing, CDL Class A transportation Schooling, and is supported by a marketplace […]

GEORGETOWN, Guyana – The ministry of natural resources announced that Guyana’s suspension from the Extractive Industries Transparency Initiative (EITI) has been lifted; this significant milestone follows the successful submission of Guyana’s EITI Report for the reporting year 2020, demonstrating the country’s commitment to transparency and accountability in the extractive industries. Guyana’s February 1, 2023 suspension from the EITI was a result of the delay in submission of the report within the prescribed timeline. Without compromise, this report’s submission was done one month […]

– Tax systems need updating to cope with crypto assets, whose anonymity and decentralized nature poses challenges, not least for the value-added tax. By Katherine Baer, Ruud de Mooij, Shafik Hebous, and Michael Keen Crypto assets that can be used as instruments of payment have proliferated into more than 10,000 variants since the 2009 debut of Bitcoin, the first and still the largest. The bewildering speed with which they have developed and the pseudonymity they can provide have left tax systems playing catch […]

DOMINICA / ENGLAND – The Commonwealth Secretariat, a long-standing advocate for Commonwealth Small States, today announced the extension of two projects aimed at bolstering their capacity and engagement in the critical areas of trade and human rights. The projects, co-funded by the governments of the United Kingdom and Australia, are a concerted effort to support inclusive and sustainable economic growth and the promotion of human rights in these countries. This announcement comes as world leaders attend the 50th anniversary of […]

Developing countries need renewable energy investments of about $1.7 trillion annually but attracted foreign direct investment in clean energy worth only $544 billion in 2022. Debt relief is urgent to give developing countries fiscal space to make the necessary investments for a clean energy transition and to attract international private investment by lowering country risk ratings. Developing countries face an investment gap of $2 trillion annually for the energy transition, out of a $4 trillion annual funding gap for the Sustainable […]