分类: business

  • WTO hikes 2025 trade growth outlook but tariffs to bite in 2026

    WTO hikes 2025 trade growth outlook but tariffs to bite in 2026

    GENEVA, Switzerland — The World Trade Organization (WTO) announced on Tuesday that global merchandise trade growth in 2025 has been significantly bolstered by increased demand for AI-related goods and a surge in exports to the United States ahead of President Donald Trump’s tariff hikes. However, the organization cautioned that the outlook for 2026 appears grim as the full impact of these tariffs begins to take effect.

  • Earn Passive Income: Why More XRP, ETH, and SOL Investors Are Turning to Quid Miner Cloud Mining?

    Earn Passive Income: Why More XRP, ETH, and SOL Investors Are Turning to Quid Miner Cloud Mining?

    In the ever-evolving financial landscape, investors are increasingly recognizing that wealth accumulation cannot solely depend on market price fluctuations. The unpredictability of short-term speculation often leads to anxiety, whereas consistent cash flow offers a sense of security and facilitates long-term financial planning. Amidst this shift in investor mindset, cloud mining has emerged as a viable alternative, gaining traction for its predictability and transparency. This innovative approach not only serves as a digital asset allocation tool but also acts as a low-barrier-to-entry source of supplementary income, sparking a new wave of interest in cryptocurrency investments.

    Cloud mining enables investors to participate in cryptocurrency production without the need to set up and maintain their own mining hardware. By renting remote computing power through contracts, users can leverage the platform’s infrastructure, which handles equipment, electricity, and maintenance. Profits are settled daily and deposited directly into the user’s account. Unlike the high-risk nature of short-term trading, cloud mining offers a return structure akin to dividends or bond coupons—traceable, verifiable, and stable. This makes it an attractive option for investors seeking reliable cash flow, especially during periods of market volatility.

    Quid Miner, a leading platform in this space, distinguishes itself through several core advantages. Its automation and intelligence features eliminate the need for technical expertise, as computing power allocation and optimization are managed in the cloud. The platform supports multiple cryptocurrencies, including BTC, ETH, XRP, DOGE, SOL, LTC, BCH, USDT, and USDC, enabling investors to diversify their portfolios effectively. Additionally, Quid Miner is committed to sustainability, utilizing renewable energy sources such as wind and solar power to reduce carbon emissions, aligning with global ESG (Environmental, Social, and Governance) investment trends.

    Security is another cornerstone of Quid Miner’s offering. The platform integrates McAfee® and Cloudflare® dual-layer protection, complemented by multiple encryption mechanisms, ensuring the safety of user accounts and funds. With global coverage spanning over 180 countries and regions, multi-language support, and 24/7 customer service, Quid Miner provides a seamless experience for users to manage their assets anytime, anywhere.

    Getting started with Quid Miner is straightforward. Users can register an account using their email address, with new users receiving a $15 trial bonus and daily sign-in rewards of $0.60. This risk-free introduction allows users to familiarize themselves with the platform’s operations and revenue model. Next, investors can select from a variety of contract options, ranging from short-term trials to long-term investments, tailored to their financial goals and capital size. Once a contract is activated, computing power becomes operational immediately, with daily profit settlements that users can withdraw or reinvest at their discretion.

    Quid Miner caters to a diverse audience, from beginners seeking an easy entry into crypto mining to professionals and part-timers looking to supplement their income. Family investors and retirees, who prioritize stability and security, also find value in the platform’s long-term cash flow potential. For long-term investors, Quid Miner’s open and transparent mechanisms, coupled with its compliance systems, make it a reliable choice for sustainable digital asset allocation.

    As the demand for low-risk side hustles and passive income continues to grow, cloud mining, with its low barrier to entry and consistent returns, is becoming an increasingly popular financial tool. Quid Miner stands out by prioritizing security, transparency, and long-term reliability. Each contract’s hashrate is backed by real facilities, and the revenue process is verifiable on-chain, ensuring users can track every step with clarity. The platform’s partnerships with major mining machine manufacturers and large mining pools guarantee a stable supply of hashrate, while its patented Aladdin system optimizes computing power distribution, maintaining an operational uptime of over 98.999%.

    In conclusion, while ETFs (Exchange-Traded Funds) have brought liquidity to the crypto market, they remain largely focused on price exposure. Cloud mining, on the other hand, transforms market volatility into regular cash flow, offering investors tangible returns in their daily lives. For many, Quid Miner is more than a technology platform—it is a gateway to accessible passive income, opening new possibilities for financial management and asset allocation. As global digital finance continues to mature, converting crypto assets into stable cash flow is becoming a mainstream choice, marking a significant step towards the broader adoption of cryptocurrency.

  • National stakeholder engagement and mapping workshop

    National stakeholder engagement and mapping workshop

    Grenada’s Hydrocarbons Technical Working Group (TWG) is set to organize a pivotal two-day Stakeholder Engagement and Mapping Workshop on October 8–9, 2025. This event aims to foster robust dialogue, collaboration, and active participation among diverse stakeholders to chart the course for Grenada’s energy future. The workshop will gather representatives from government ministries, agencies, industry professionals, and TWG’s technical experts, alongside other key players in the sector. Participants will engage in open discussions, exchange perspectives, and explore the opportunities and challenges associated with Grenada’s burgeoning hydrocarbon industry. The event will commence with a keynote address by Anthony Paul, a globally recognized oil and gas expert with over four decades of experience in operations, management, and leadership roles across the global oil and natural gas value chain. Paul’s expertise is expected to provide valuable insights to frame national discussions and guide informed decision-making. The workshop’s objectives include promoting transparency and inclusive dialogue, strengthening national capacity, guiding evidence-based policy and planning, and fostering collaboration among stakeholders for responsible and sustainable resource development. The Government of Grenada remains steadfast in its commitment to advancing responsible energy development that aligns with the best interests of the nation and its citizens.

  • US Grand Jury indicts Azruddin Mohamed, Nazar “Shell” Mohamed for wire fraud, money laundering on gold exports, L:amborghini

    US Grand Jury indicts Azruddin Mohamed, Nazar “Shell” Mohamed for wire fraud, money laundering on gold exports, L:amborghini

    A United States Grand Jury has formally charged Guyanese businessmen Azruddin Mohamed and his father, Nazar “Shell” Mohamed, with wire fraud, mail fraud, and conspiracy to commit money laundering. The charges stem from their alleged involvement in tax evasion related to gold exports and the importation of a Lamborghini luxury vehicle. The indictment, unsealed on October 6, 2025, reveals that the Mohameds face severe penalties, including up to 20 years imprisonment per count, supervised release, and substantial fines. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has already sanctioned the duo, complicating their legal and financial standing. The indictment further alleges that the Mohameds engaged in a sophisticated scheme to defraud the Guyanese government by reusing official seals and falsifying documentation to avoid paying taxes and royalties on gold shipments. Additionally, they are accused of bribing Guyanese customs officials to facilitate these illegal activities. The case also highlights the importation of a Lamborghini, valued at approximately $680,000, for which the Mohameds allegedly falsified invoices to evade over $1 million in taxes. The U.S. is seeking forfeiture of assets linked to the alleged crimes, including $5.3 million in gold bars seized at Miami International Airport in 2024. The Mohameds, who recently gained political prominence in Guyana, now face a legal battle that could derail their careers and businesses.

  • Antigua and Barbuda Named Caribbean’s Leading Meetings & Conference Destination 2025

    Antigua and Barbuda Named Caribbean’s Leading Meetings & Conference Destination 2025

    Antigua and Barbuda has been honored as the Caribbean’s Leading Meetings & Conference Destination for 2025 at the prestigious World Travel Awards Caribbean & North America Gala Ceremony. The event, held in Saint Lucia on Saturday night, saw the twin-island nation triumph over strong regional competitors such as Jamaica, Puerto Rico, and The Bahamas. This accolade underscores Antigua and Barbuda’s growing stature as a preferred hub for high-profile international conferences and events. The award follows a series of significant gatherings hosted in the country, including the United Nations SIDS4 Conference, the Organization of American States (OAS) General Assembly, and the Caribbean Travel Marketplace. Additionally, the nation is gearing up to host the Commonwealth Heads of Government Meeting (CHOGM), further solidifying its position on the global stage. Tourism officials have celebrated this recognition, attributing it to the country’s state-of-the-art infrastructure, exceptional hospitality services, and dedication to sustainable development. For more information about the award and the destination, visit visitantiguabarbuda.com.

  • Government to Hold Majority Stake in Blue Ocean, Invests $2.5M in Dredging Equipment

    Government to Hold Majority Stake in Blue Ocean, Invests $2.5M in Dredging Equipment

    In a significant move to enhance national self-sufficiency in marine infrastructure, the government of Antigua and Barbuda has acquired a majority stake in Blue Ocean, a newly established state-linked dredging and reclamation company. Prime Minister Gaston Browne announced the decision during an interview on the *Browne and Browne Show* on Pointe FM, revealing that the government will hold approximately 75 percent ownership of the company. As part of this initiative, the government has invested $2.5 million in state-of-the-art dredging equipment, including a $1.2 million dredge machine and a $1.3 million barge, both expected to arrive within four weeks. This strategic acquisition aims to reduce reliance on foreign contractors and position Antigua and Barbuda as a regional leader in maritime engineering. The equipment will enable the government to undertake harbor and reclamation projects independently, fostering cost savings and generating revenue through regional contracts. Prime Minister Browne emphasized that this investment aligns with a broader strategy to strengthen public-sector capacity in critical areas such as construction, port management, and coastal defense. Blue Ocean is part of a suite of government-owned enterprises, including a concrete and block plant and a modern port crane, designed to retain economic value within the country. The Prime Minister highlighted the dual benefits of this approach: reducing taxpayer costs and creating practical, revenue-generating assets. The new dredging equipment is expected to support future port expansion, coastal protection, and marine restoration projects, further solidifying Antigua and Barbuda’s position as a hub for maritime innovation in the Caribbean.

  • PM Browne Predicts a Decade of Economic Growth for Antigua and Barbuda

    PM Browne Predicts a Decade of Economic Growth for Antigua and Barbuda

    Prime Minister Gaston Browne of Antigua and Barbuda has announced that the nation is on the brink of a decade-long period of sustained economic growth. Speaking on the ‘Browne and Browne Show’ on Pointe FM, Browne highlighted the country’s robust fiscal performance, infrastructure development, and unprecedented levels of investment as key drivers of this growth. He emphasized that all major economic indicators are trending upward, positioning Antigua and Barbuda as one of the strongest economies in the Eastern Caribbean. Browne pointed to significant achievements in attracting investments, increasing per capita income, and fostering growth across various sectors, including tourism, construction, and services. He also noted a sharp decline in inflation from post-pandemic highs of 9–10%, with forecasts predicting stabilization around 3% by early next year. Beyond economic stabilization, Browne outlined the government’s expanded focus on social and environmental progress, with upcoming investments in education, healthcare, and community infrastructure. ‘With sustained growth, our goal is to improve living standards and create a society where everyone shares in the progress,’ he stated. The prime minister’s remarks coincide with strong performance in key sectors, particularly tourism, which is expected to welcome over one million cruise visitors this season.

  • PM Browne: Inflation Cooling as Economy Gains Momentum

    PM Browne: Inflation Cooling as Economy Gains Momentum

    Prime Minister Gaston Browne has announced that Antigua and Barbuda’s inflation rate is showing signs of easing, marking a significant turnaround after months of economic challenges. Speaking on the Browne and Browne Show on Pointe FM, Browne highlighted that inflation decreased by 0.5% in June and is projected to stabilize at around 3% by early next year. This development follows a period when inflation soared to double-digit figures, reaching as high as 9–10%. Browne emphasized that the current trend reflects a sharp improvement, with key economic indicators now pointing toward sustained stability and growth. He attributed this progress to the government’s robust policies, including fiscal discipline, strategic investment attraction, and effective post-pandemic recovery measures. Browne also noted that per capita income is on the rise, and the nation’s economy is performing well across all metrics. Looking ahead, the government plans to shift its focus beyond economic growth to encompass social and environmental development, aiming to enhance the overall quality of life for citizens. Initiatives will include strengthening education, healthcare, and community infrastructure while maintaining growth across various sectors. Browne’s optimistic outlook underscores Antigua and Barbuda’s resilience and its position as one of the region’s most stable economies.

  • Central Bank launches public consultation on basic accounts to improve financial inclusion

    Central Bank launches public consultation on basic accounts to improve financial inclusion

    NASSAU, BAHAMAS — The Central Bank of The Bahamas (CBOB) has initiated a public consultation on a groundbreaking proposal to introduce low- to no-cost basic banking accounts, targeting unbanked and underbanked individuals. This initiative, part of the Bank’s broader Payments System Modernization strategy, aims to make these accounts widely accessible by the first half of 2026. The modernization efforts have already introduced key infrastructure, including the Real Time Gross Settlement System (RTGS), the local Automated Clearing House (ACH), and the SandDollar retail central bank digital currency.

  • Unified Council of EDEs clarifies replacement of power barge in Azua

    Unified Council of EDEs clarifies replacement of power barge in Azua

    The Unified Council of Electricity Distribution Companies (CUED) has unveiled a strategic move to address the Dominican Republic’s electricity challenges. A new 230 MW power generation barge, operated by Turkish firm Karpowership, has docked at the Port of Los Negros in Azua. This initiative comes in response to dwindling generation reserves caused by delays in the activation of new private power plants. Originally, a 65 MW barge was contracted, but CUED opted for a higher-capacity unit to bolster the national grid. The two-year agreement, set to expire in 2026, ensures backup power during maintenance or unexpected disruptions in the National Interconnected Electric System (SENI). CUED emphasized that the new barge is not an additional unit but a temporary replacement within the existing contract framework. This measure aims to avert power shortages and maintain uninterrupted electricity supply, safeguarding both consumers and the national economy.