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ECLAC Says Regional Poverty Rate Has Declined Significantly But Income Inequality Remains High

SANTIAGO, Chile –  The Economic Commission for Latin America and the Caribbean (ECLAC) says despite the Regional Poverty Rate, which rose with the COVID-19) ppandemic, declining to a level similar to 2014 and reaching the lowest level on record in last year, and estimated 172 million people in Latin America and the Caribbean (LAC) still do not have enough income to meet their basic needs.

CARICOM Central Bank Governors End Meeting in Barbados

BRIDGETOWN, Barbados –  Caribbean Community (CARICOM) Central bank governors ended a two-day meeting on Friday, addressing pressing economic issues and strengthen the region’s financial systems, with a focus on key topics such as financial stability, cybersecurity, and regional economic performance.

CARICOM Central Bank Governors who met in Barbados for a two-day meeting (Central Bank of Barbados Photo)

Prime Minister Browne Wants Sandals to Pay Taxes

ST. JOHN’S, Antigua – A “tired” Prime Minister Gaston Browne has told the Jamaica-based Sandals Resorts International (SRI) to consider removing its property in his country after he claimed that the luxury hotel brand, Sandals, has adopted a policy of not wanting to pay taxes.

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