Cuba and Ukraine assess actions to boost economic relations plenglish.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from plenglish.com Daily Mail and Mail on Sunday newspapers.
by Marlon Madden
Officials of the International Monetary Fund (IMF) are warning that most Caribbean economies, especially those relying heavily on tourism, could suffer from significant long-term scarring as a result of the COVID-19 pandemic.
They have warned that urgent steps were therefore needed towards diversification of the tourism sector and engagement in sustainable use of ocean resources by increasing investment in shipping, fisheries and aquaculture.
This was outlined in a document prepared this month by Krishna Srinivasan, IMF Deputy Director in the Western Hemisphere; Sónia Muñoz, Division Chief of the Caribbean Division; and Ding Dong, IMF Deputy Division Chief of the Western Hemisphere in their March IMF country focus.
Officers get training to fight human trafficking nationnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationnews.com Daily Mail and Mail on Sunday newspapers.
Mastercard has teamed up with payment processing technology company, Dynamics Payments, to launch an application (app) that will increase financial inclusion for the Caribbean region.
This comprehensive solution is expected to result in a marked increase in credit and debit card usage in the coming years. The app will be available in three Caribbean markets – Jamaica, Dominican Republic and Puerto Rico.
With its vast experience in payment services technologies, Dynamics Payments will offer consumers a comprehensive digital wallet with the safety and security features that Mastercard cardholders have come to enjoy and rely upon.
At the same time, businesses will be able to utilise the app to register their mobile devices as payment terminals, including for Tap on Phone, a solution that turns phones into payment acceptance devices.