Topic: World Bank

The Caribbean director for the World Bank has called for more use of alternative power to drive energy costs down, along with faster adoption of new digital technologies.

The Caribbean earns less from cruise ships than any other part of the world and a new tax is needed to rebalance the books, a World Bank official has said.

Longline fishing is controversial due to its impact on migratory and non-target species. The practice is also expanding in the region.

The Cayman-registered Abraaj Holdings is facing two petitions in Grand Court, one to have the court to restructure its debt and the other to liquidate the company.

Part of the solution is to shrink the size of the rogue institutions while requiring greater transparency and accountability.

A positive side effect of President Obama’s duplicity with the anti-Israeli United Nations vote was the attention it brought to what the U.N. is actually doing and how it is wasting taxpayer dollars and undermining liberty.

The spread of the Zika virus, a growing medical threat through much of the Americas, demands “urgent action” from regional governments to help control the potential economic damage an epidemic could cause, according to the World Bank and other institutions.