Valdez Albizu: RD economy will be the fastest to recover in the region


The governor of the Central Bank of the Dominican Republic (BCRD), Héctor Valdez Albizu, affirmed that the Dominican Republic would be the country that will recover the fastest from the crisis generated by the coronavirus pandemic due to “its strong foundations and its proven capacity for resilience.” Valdez Albizu offered these statements during a speech in the framework of a cycle of videoconferences on Central America and the Caribbean organized by the Bank of America Securities, which is aimed at managers of major banks and investment funds worldwide. During his virtual address, Valdez Albizu reviewed the implementation of monetary measures to face the impact of Covid-19 and offered vital information on the country’s prospects. A historical interest rate reduction In his presentation, the governor pointed out the reduction to a historical […]

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Evacuations Under Way In Guatemala, Honduras As Hurricane Iota Threatens

Caribbean News, Latin America News: By Sofia Menchu and Gustavo Palencia GUATEMALA CITY, Guatemala, Mon. Nov 16, 2020 (Reuters) – Hurricane Iota is rapidly gathering strength as it barrels toward Central America, a region still recovering from the devastation of Hurricane Eta, and experts predict this year’s unprecedented storm season […]