News Room

WTO cuts 2013 World Trade Forecaast to 2.5%

September 9 2013

World trade is expected to grow by 2.5 percent this year and 4.5 percent in 2014, the World Trade Organization's new chief Roberto Azevedo said on Monday, revising down previous estimates of 3.3 percent and 5 percent.

Reuters

Read here: http://www.reuters.com/

 

September 2013

BRICS to commit $100 billion to foreign exchange fund, completion a way off

ST. PETERSBURG, Russia Thursday Sep 5 2013

The BRICS group of emerging economies will contribute $100 billion to a fighting fund to steady currency markets destabilized by an expected pullback of U.S. monetary stimulus, Russian President Vladimir Putin said on Thursday.

 By Lidia Kelly and Alessandra Prentice

(Reuters) (Additional reporting by Katya Golubkova and Alexei Anishchuk in St. Petersburg, Peroshni Govender in Pretoria and Pascal Fletcher in Johannesburg. Writing by Douglas Busvine, editing by Mike Peacock)

Read here: http://www.reuters.com/

September 2013

US Private Sector adds 176,000 jobs in August: ADP

NEW YORK | Thu Sep 5, 2013 

U.S. private employers added 176,000 jobs in August, nearly matching economists' expectations for the month, a report by a payrolls processor showed on Thursday

REUTERS (Reporting by Luciana Lopez; Editing by James Dalgleish and Chizu Nomiyama)

Read here: http://www.reuters.com/

September 2013

China-Taiwan issue trumps Caribbean co-operation

BRIDGETOWN, Barbados, Thursday August 22, 2013

China may still be classified as a “developing” country because of its per capita income, but that is as far as the description is pertinent. In almost every other way China is in the league of developed nations.

 Sir Ronald Sanders

Read here http://www.caribbean360.com/

August 2013

WTO, World Bank to develop services trade database

August 6 2013

The WTO and the World Bank have agreed to jointly develop and maintain a database on trade in services, an area that is becoming increasingly important and yet for which little information is publicly available. The joint database covers various sectors in more than 100 countries, such as financial, transportation, tourism, retail, telecommunications, and business services, including law and accounting.

WTO 2013 NEWS

Read here: http://www.wto.org/

August 2013

Going Global 101: What is Border Friction?

August 2nd 2013

Creating an efficient production flow eliminates border friction issues. Ecommerce is a key selling channel, leading the way in making it possible for all businesses to reach international markets. Let’s face it: Technology fuels growth and dominates every aspect of the customer online experience. Marketing drives sales. Fulfillment centers and transportation carriers help get the products efficiently to the customer’s door — wherever they might be located. But none of this is easy, especially when it comes to border friction.

by Laurel Delaney

Read here: http://blogs.pb.com/

August 2013

Top 5 BRIC Alternatives for Emerging Market Investment

August 6 2013

The BRICs (Brazil, Russia India and China) are the focus of many companies’ foreign direct investment strategies, accounting for a combined 39.2% of total foreign direct investment inflows to emerging markets in 2012. Yet this approach overlooks many other emerging markets which may be far easier to do business in.

Analyst Insight by Carrie Lennard, Government, Labour and Education Manager, Euromonitor International

Read here: http://blog.euromonitor.com/

 

August 2013

Caricom head wants greater assistance for developing countries

Tuesday July 23, 2013 NEW YORK, USA

The seventh general meeting of the Caribbean Community (Caricom), its associated institutions and the United Nations began here yesterday with Caricom Secretary General Irwin LaRocque underscoring the importance of providing aid to developing countries like those in the Caribbean to ensure their future socio-economic development.

 (CMC) 

Read here: http://www.jamaicaobserver.com/

July 2013

EU and Georgia conclude talks on Deep and Comprehensive Free Trade Area

SOUTH CAUCASUS Brussels, 22 July 2013

The European Union and Georgia today successfully concluded negotiations for a Deep and Comprehensive Free Trade Area (DCFTA), as part of the Association Agreement between them. The Association Agreement, together with the DCFTA, will provide for the close political association and economic integration of Georgia with the EU.

EU Commission Press Release

Read here: http://trade.ec.europa.eu/

July 2013

When it comes to Innovation, Aim High

Thursday, July 11, 2013

When the great adventurer George Mallory was asked why he wanted to climb Everest, he replied: “Because it is there.” It is with this attitude of exploration that an entrepreneur should launch a business. To achieve anything, you have to want to break new ground.

by Richard Branson
 
Read here: http://www.guardian.co.tt/

July 2013

Working on Intra-CARICOM Trade

June 26, 2013 Bridgetown, Barbados

The global economy is traversed by a network of constantly shifting economic/trade blocs, of which the 15-member Caribbean Community has been the second-longest running economic integration scheme, at 40 years old, counting from the 1973 Treaty of Chaguaramas.

(Barbados Today)

Read here: http://www.barbadostoday.bb/

June 2013

MIF, ILO partnership to boost microinsurance in Latin America and the Caribbean

Thursday June 20 2013

The Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank (IDB) Group, and the International Labour Organization (ILO)’s Microinsurance Innovation Facility have announced a collaboration for the purposes of developing and disseminating Spanish-language knowledge products about microinsurance in Latin America and  the Caribbean.

Read here: http://www5.iadb.org/

 

June 2013

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