The decision was handed down by a judge of the First Judicial Circuit of Panama who imposed a 128-month prison sentence and $19 million fine on the former president.
2023 GDP Growth Forecast for Latin America and Caribbean Upgraded to 1.9% by the IMF
Along with an overall revision upward for global economic expectations this year, Latin America and the Caribbean is now projected to create greater economic growth in 2023 as a region compared to previous forecasts from the International Monetary Fund (IMF). ...
Latin American Leaders Call for Cooperation on Climate Change, Global Funding for Economic Recovery
The 2023 CELAC summit found resolutions and surprises as the region’s leaders find themselves agreeing on certain important issues.
A Global Recession is Nigh, Say World Economic Forum Economists
• Businesses expected to cut costs significantly in response to economic headwinds
Insight Crime: How The Dominican Republic Became The Caribbean’s Cocaine Hub
In this 1st of a 3 part series, Dominican Port authorities tell Insight Crime about their struggle against narcotraffickers.
Negative COVID Tests No Longer Required For Flights To US, But Vaccination Still Necessary For Visitors
CDC’s Order requiring proof of vaccination for non-U.S. citizen nonimmigrants to travel to the United States is still in effect.
US Embassy Reminds Expat US Citizens: File Your Income Taxes! Living Abroad Is No Exemption
Your worldwide income is subject to US income tax, regardless of where you reside.
Stuck Overseas With An Expired US Passport? You May Be Able To Get Home, But You Must Act Fast!
If you are overseas and your US passport expired on or after January 1, 2020, you may be able to use your expired passport to return directly to the United States until March 31, 2022.
PriceSmart Announces “Stellar” Results For Quarter Ending November 30, 2021
In many markets PriceSmart is the only reliable source for high quality grocery imports from the US, such as whole turkeys or authentic bacon, ham, cheeses & condiments.
US Government Announces New Entry Requirements Affecting All International Travelers – Including Citizens
These requirements are for all air passengers two years of age or older boarding a flight from a foreign country to the United States.
Nearshore Software Outsourcer Gorilla Logic Acquires Modernist Studio
With 700+ employees throughout Colombia, Costa Rica, and the United States, Gorilla Logic says it will partner with the team at Modernist Studio to offer a more holistic experience to their clients.
Caribbean, LatAm Countries Included In USA’s New Travel Ban On Dogs Starting July 14
The United States Centers for Disease Control and Prevention (CDC) in the Department of Health and Human Services (HHS) has released the “Notice of Temporary Suspension of Dogs Entering the United States from High-Risk Rabies Countries.” Through this notice, CDC ...
PriceSmart Declares Dividend, Names New Directors, Reports Sales Up 5.2% For January
PriceSmart, Inc. (NASDAQ: PSMT) earlier this week declared an annual cash dividend in the total amount of $0.70 per share, with $0.35 per share payable on February 26, 2021 to stockholders of record as of February 15, 2021 and $0.35 per share payable on August 31, 2021 to stockholders of record as ...
Q & A: New Requirement for Proof of Negative COVID-19 Test or Recovery for All Air Passengers Flying To The United States
This Order applies to all air passengers, 2 years of age or older, traveling into the US, including US citizens and legal permanent residents.
Copa Airlines Fined $450,000 By US Government For Violating Venezuela Sanctions
The U.S. Department of Transportation fined Copa Airlines $450,000 for unlawfully transporting passengers between the United States and Venezuela via a stopover point. Copa was ordered to cease and desist from future similar violations.
East West Goes North South With Costa Rican Manufacturing Expansion
Atlanta, Georgia based OEM contract manufacturer East West has announced an investment of more than $2 million USD for expansion of its operations in Costa Rica. Located in the BES free trade zone in Alajuela, East West says it will ...
Copa Airlines Contemplates Temporary Total Shutdown of Operations
With travel restrictions in place due to the Coronavirus COVID-19 pandemic, Copa Airlines issued a filing indicating that the company will reduce capacity by 80% but may shut down completely.
Bogotá Colombia Attracts Record 48 Foreign Direct Investment Projects In 2019
During 2019, Invest in Bogota (IIB), the city of Bogotá's investment promotion agency, supported 48 greenfield Foreign Direct Investment projects, its highest number for a calendar year since its institution in 2006.
US Commits $1 Billion USD To Guatemala Private Sector Development
Adam Boehler, Chief Executive Officer of U.S. International Development Finance Corporation (DFC) pictured above, yesterday joined Guatemalan President Alejandro Giammattei and Minister of Economy Antonio Malouf to sign a memorandum of understanding (MOU) aiming to catalyze private sector investment of ...
OAS Member States Use Big Data, Artificial Intelligence and Analytics To Combat Corruption & Inform Citizens
Prior to the OAS General Assembly held last month in Medellín, Colombia, member countries of the Organization of American States proposed to strengthen the use of technology to combat corruption in The Americas. “According to the Corruption Perception Index prepared ...
Digital Transformation in Wealth Management Conference Coming to San Francisco in September
The event will look at "scaling robo-advice alongside traditional advice and how artificial intelligence and new digital capabilities can enhance financial planning."
BBVA Compass Makes Larger Push Into Digital Lending Space
"There is a clear demand on the part of consumers for personal loans," said Shayan Khwaja of BBVA Compass.
7 Notable Trinis Showcase the Business, Science, and Tech Talent of Trinidad and Tobago
Texas A&M professor Anthony Guiseppi-Elie, Massy CEO Gervase Warner, and climatologist Marilyn N. Raphael highlight the depth of the nation's skills.
JPMorgan Chase Jumps Deeper into FinTech Game with Acquisition of WePay
WePay will continue to operate as a standalone company and receive additional resources from JPMorgan Chase to continue to grow.
Trinidad and Tobago’s Strengths Align with Nearshore Needs
Why anyone considering a nearshore location should find out more about Trinidad and Tobago.
Bank of America Will Search for Automation-Based Cost-Cutting Even After Hitting Its Spending Goals
"How much technology can we do that replaces people?" said Tom Montag, COO of Bank of America, at a conference this week.
KPMG Launches Innovation Center in New York and Acquires FinTech Firm Matchi
KPMG's new innovation center in New York aims to help serve clients build better technology-based solutions in disruptive sectors.
Starbucks Suffers Payment System Outage After Technology Update Gone Wrong
According to the coffee company, today's disruption was related to an internal technology update malfunction — not the global WannaCry cyberattack.
NICE Wins Two Stevie Awards for Customer Service at Annual Industry Gala
NICE was recognized with a silver award for its leading "Contact Center Solution" and a bronze honor in the "Business Intelligence Solution" category.
World Economic Forum Launches Center in San Francisco to Address Emerging Tech Challenges
"The presence of the World Economic Forum in our city will help accelerate innovative science and technology policies," said San Francisco Mayor Ed Lee.
Bank of America Named Global Bank of the Year for Payments and Collections
Bank of American was honored by Treasury Management International for its "commitment to innovations that are driving a change in client behavior and opportunity."
MVB Bank Chooses Jack Henry Banking’s SilverLake Automation System
The bank chose this platform to improve its customer service, manage vendors, and implement other complementary solutions.
Latin American and Caribbean Exports Projected to Fall Again in 2016 – But Rate of Decline Is Slowing
The rate of export decline is slowing, with this projected 6% fall in 2016 being far less than the 15% plummet in 2015.
President Trump Could Quickly Dismantle $1.7 Billion USD in Dodd-Frank Regulations
"Repealing the last $1.9 billion in Dodd-Frank from the Obama administration might be the first step for Congress in a more comprehensive overhaul of the law."