The Caribbean region is one of the most heavily impacted by climate change, with predictions pointing to more frequent and more intense weather events. Regional leaders and global environmental experts have called for more attention to this matter, pledging policies, investment and other initiatives that will help address the issue. But, the shift to net-zero…
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Bermuda extends suspension of new work permits
HAMILTON, BERMUDA — The government has extended a moratorium on new work permits for closed and restricted jobs in Bermuda, securing more job opportunities for residents. The moratorium was initially implemented in March 2024, and meant to last for three months. However, the government has now extended that a further three months through to the…
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IMF encourages Belize to take action to improve labour force participation among women
BELMOPAN, BELIZE — The International Monetary Fund is encouraging officials in Belize to make more of an effort to ensure equal labour force participation between men and women in the country. “At 26.3 percentage points, Belize had one of the largest gaps in labour force participation rates between males and females in the region in…
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IMF: St. Lucia facing high youth unemployment
CASTRIES, ST. LUCIA — While the country has recovered somewhat from the COVID-19 pandemic, it is still facing modest growth and a youth unemployment challenge, according to the International Monetary Fund (IMF). The IMF recently published the findings of its 2023 review of economic progress made in St. Lucia over the last year. It conducts…
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