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Bahamas Says it Maintains its Sovereign Right to Determine Tax Structure

NASSAU, Bahamas – The Bahamas government says it is conducting an assessment of the impact of the proposals announced by the Group of Seven (G7) rich nations of a landmark deal that could help countries collect more taxes from big companies and enable governments to impose levies on United States tech giants such as Amazon.com Inc. and Facebook.

ITF Calls for Regional Cooperation to Save Jobs, Tackle Rising Poverty and to Lead Economic Recovery in the Caribbean

RIO DE JANEIRO, /PRNewswire-HISPANIC PR WIRE/ -- The economic impact of COVID-19 is having a devastating effect on the global tourism industry, especially in the Caribbean which could see an escalation of poverty for workers. Unions affiliated to the International Transport Workers' Federation (ITF) from across the Caribbean held a virtual summit today to raise awareness of the ongoing impact of COVID-19 on jobs and communities in the region.

Jamaica Central Bank to Introduce Digital Currency in 2022

KINGSTON, Jamaica – The Bank of Jamaica (BOJ) says it anticipates that the introduction of a Central Bank Digital Currency (CBDC), scheduled for 2022, will serve to bolster government service delivery and boost financial inclusion for a greater number of Jamaicans.

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