Caribbean Community (Caricom) countries say they will continue to oppose subsidies being granted to the UK-based Diageo, one of the world’s biggest producers of rum, because of the impact the subsidy is having on rum producers in the Caribbean.
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The Spanish oil exploration firm Repsol yesterday signed a new oil exploration concession offshore agreement with Guyana.
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Investment in T&T’s human resources is a prerequisite for capital accumulation, Finance Minister Larry Howai said yesterday.
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Chief economist at Republic Bank Limited Dr Ronald Ramkissoon doubts the T&T economy can achieve the target growth rate of 2.5 per cent predicted by Central Bank Governor Jwala Rambarran.
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A domestic natural gas boom already has lowered US energy prices while stoking fears of environmental disaster.
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Stocks closed little changed yesterday as investors assessed whether stock valuationwere overstating the recent improvement in the economy. The Dow Jones industrial average fell 26.81 points, or 0.2 per cent, to 15,091.
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Overall market activity resulted from trading in 15 securities of which five advanced, zero declined and ten traded firm.
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The extractive sector—the mining, quarrying, dredging, oil and gas extraction industries—plays an important role in the global economic landscape, contributing significantly to the GDP of its host countries.
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In releasing its stockholders’ report for the period ending March 31, GraceKennedy Group CEO Don Wehby has described the group’s profit performance as encouraging, particularly given the impact of the recent National Debt Exchange (NDX) and Private...
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Government wants to boost local freshwater fish production.
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