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IMF Argentina

The IMF has reached a staff level agreement with Argentina to set that country’s economy on a sustainable and credible path to deal with its international debts, the Fund announced Thursday (March 3) in Washington, DC. The agreement addresses economic…

Dominica’s resilience and sustainable growth to be strengthened by the World Bank

WASHINGTON, June 3, 2022 – The World Bank Board of Executive Directors has approved two loans for Dominica: the Dominica Second Covid-19 Response and Recovery Programmatic Development Policy Credit for US$30 million and the Dominica Disaster Risk Management Development Policy Financing for US$20 million. Both…

When pandemic money talks – democracy walks, Martin

By Melissa Martim The United Nations, The World Health Organization, The World Economic Forum, The Bill and Melinda Gates Foundation, The Rockefeller Foundation, The World Bank, The International Money Fund, The Federal Reserve, the government leaders of myriad countries, and…

Rudolf Weder and Sean Lilley join FTI in the Cayman Islands

FTI Consulting has strengthened its team in the Cayman Islands (a British Overseas Territory) with Rudolf Weder and Sean Lilley, appointed a Managing Director and Director respectively. Both senior leaders join FTI Consulting’s Fund Administration Services practice, which provides fund…

The Cayman Islands Digital Economy Conference returns for its 5th year

The fifth annual Cayman Islands Digital Economy Conference (CYDEC) returns to its in-person format, on 21 June 2022. This year’s theme “Remodelling the future” highlights the status of key local and global digital initia-tives, delivered through presentations and panel discussions…

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The U.S. unilateral sanctions against Russia will produce a global food disaster

By John Ross / Globetrotter “There is really no true solution to the problem of global food security without bringing back the agriculture production of Ukraine and the food and fertilizer production of Russia and Belarus into world markets despite…

The World Bank approves US$25 million for Grenada First Recovery and Resilience Programmatic Development Policy

WASHINGTON, May 25, 2022 —The World Bank’s Board of Executive Directors approved the financing of US$25 million for Grenada’s First Recovery and Resilience Programmatic Development Policy Credit. Before the pandemic, Grenada’s steadfast reform path to building economic resilience had attained solid growth,…

Cayman Islands Bankers Association elects new President and Vice President

The Cayman Islands Bankers Association (CIBA) has announced the appointment of Ms. Sarah Hobbs as President and Ms. Amanda Bodden as Vice President.  This makes history as Sarah is the first female President of CIBA to be appointed since its…

IMF Ukraine / Sri Lanka / Food Security

As the G7 meets, the IMF is working to secure emergency funding to help Ukraine while it is fending off a Russian invasion, Fund spokesman Gerry Rice said Thursday in Washington, DC (May 19).  “Our immediate response at the IMF…

Are cashback casinos profitable?

Luck is the major player at a casino. You need it on your side to win. However, it is a flexible state, so you never know if you will win or lose. This, coupled with the thrill of hoping your…