Fed gathers to take US economy’s pulse
1012 days ago | 0 comment
With the United States (US) economy turning a corner, Federal Reserve policymakers will consider whether some programmes intended to ease the recession and stem the financial crisis should be extended. Fed Chairman Ben Bernanke and his colleagues [...]
Venezuela to pay down oil debt – Expects crude prices to drive up economy
1012 days ago | 0 comment
Venezuela’s state oil company says it has agreed to pay down a US$1 billion loan secured from its United States-based affiliate over a year ago.Petroleos de Venezuela SA said in a statement it would start paying the loan …
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CLICO downgraded to ‘weak’
1012 days ago | 0 comment
Trinidad-based Colonial Life Insurance Company Limited (CLICO) has been downgraded by international credit rating agency AM Best while still remaining under review with negative implications, the ratings agency announced last Friday…
Continued [...]
Cement waiver upheld by CCJ – TCL ‘welcomes clarity’ of CET suspensions
1012 days ago | 0 comment
Trinidad Cement Company (TCL), the parent of seven firms involved in the production and sale of cement in the Caribbean, says it welcomes the clarification of the Common External Tariff (CET) suspension process within the region…
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Carib Cement sales grow as exports climb – Threatens to sue over local market share
1012 days ago | 0 comment
Still facing the prospect of further competition from imports, monopoly cement producer Caribbean Cement Company Limited’s domestic sales slumped in the June quarter but were offset by cement and clinker exports…
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