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WiredJa Online News

Wiredja Online News Logo

WiredJa Online News

World Bank gives New Directions to Boost Trade in the Caribbean

Pigeon island, SAINT LUCIA, June 16, 2015– A new World Bank report released today at the Third Regional Caribbean Growth Forum, suggests that the rapidly changing environment for Caribbean exports presents both new opportunities and challenges for economies highly dependent on external markets. Despite high openness to trade of Caribbean economies, the Caribbean share in global trade fell from three percent in the 1970s to nearly a quarter percent in 2012.

Saint Lucia Tries to Avert Water Crisis

Saint Lucia's main water storage facility, the John Compton Dam is currently holding half of its designed capacity, which water company WASCO says is a grave situation that requires a massive and expensive rehabilitation project.
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