Saturday, December 20, 2014
IMF Executive Board Completes Sixth Review Under the Extended Fund Facility for Jamaica and Approves US$ 67 million Disbursement
The Executive Board of the International Monetary Fund (IMF) today completed the sixth review of Jamaica’s economic performance under the program supported by a four-year, SDR 615.38 million (about US$932 million at the time of approval) arrangement under the Extended Fund Facility (EFF).
IMF's Executive Board Completes Eight and Final Review under Haiti's ECF Arrangement and Approves US$2.4 Million Disbursement
Press Release: IMF's Executive Board Completes Eight and Final Review under Haiti's ECF Arrangement and Approves US$2.4 Million Disbursement
In a speech on Saturday, President Raúl Castro thanked President Obama for "a new chapter" while also reaffirming that restored relations did not mean the end of Communist rule in Cuba.
The network aims to foster international cooperation between cities committed to investing in creativity as a driver for sustainable urban development, social inclusion and enhanced influence of cultural in the world.
Nicaragua plans to begin building access roads and highways on Monday near the country's Pacific coast as it starts work on a $50 billion inter-oceanic canal meant to rival Panama's century-old waterway. http://bloom.bg/1JoWHZW
Argentina may begin to unwind currency restrictions gradually if economic conditions are favorable, according to central bank President Alejandro Vanoli. http://bloom.bg/1wUBlNt
Increasing U.S. travel and trade "chips away at this hermetically sealed society, and I believe offers the best prospect then, of leading to greater freedom, greater self-determination on the part of the Cuban people," Obama said at a White House news conference Friday before leaving for vacation in Hawaii. Photographer: Andrew Harrer/Bloomberg
President Barack Obama said the full opening of relations between Cuba and the U.S. may take years, even as he offered assurances the new U.S. stance will bring change to the island nation's closed society. http://bloom.bg/16C4CEb