COVID-19 Is Hitting Caribbean And Latin American Economies Hard. Can They Survive?
From three-month suspensions on loan repayments and utility payments in El Salvador to putting cash in the hands of laid-off Jamaican hotel workers, Latin American and Caribbean nations are...
Caribbean Development Bank Offers Aid to Fight Covid19
The Caribbean Development Bank (CDB) will offer some 140 million dollars in aid to the nations of the region to address the consequences for the economy imposed by the...
Crude Expected to Collapse Monday as OPEC Meeting Delayed; Saudi, Russia Rift Widens
A delay in the virtual meeting between OPEC and its allies scheduled for Monday is likely to hit oil prices this week following last week’s record-setting comeback in crude...
The U.S. Economy Is Entering The ‘Deepest Recession on Record’
The U.S. economy is struggling right now.
On Thursday, we learned that initial filings for unemployment insurance totaled a record 6.648 million for the week ending March 28, more than...
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Central America Bank Oks $1.9 Bln To Fight Coronavirus in Region
The Central American Bank for Economic Integration (CABEI) said on Tuesday it has approved a $1.9 billion program to support regional efforts to contain coronavirus and mitigate the economic...
Economic impact of COVID-19 in Central America
Entrepreneurs in Central America agree that because of
the coronavirus (COVID-19) effects on China, global supply chains have been
disrupted and commodity prices have fallen.
An analysis by the Guatemalan exporters' union...
