Category: Finance/Banking

News

Empty Rivers of Promise

Latin American, Caribbean Corruption and Hope  eyesonsuriname Amsterdam April 1st 2025–In the shadow of lush rainforests and along the banks of murky rivers, another kind of darkness lurks – one created not by nature, but by human hands. Corruption, like a slow-flowing undercurrent, has embedded itself in the foundation of Suriname and its Caribbean sister islands, where…
Read more

The Family of the Family part II

The Family of the Family part II

Panama eyesonbrasil Amsterdam, April 1st 2025–The Government of Panama has extended a safe-conduct for former President Ricardo Martinelli (2009-2014), currently sheltering in the Nicaraguan Embassy since Feb. 2024 after being sentenced to 10 years in prison and fined US$ 19.2 million for money laundering. Initially, Martinelli was granted a safe-conduct on March 27, valid until midnight…
Read more

Maarten Pronk

An International Banker Born in Suriname in the Global Financial World eyesonsuriname Amsterdam, March 26, 2025 – Maarten Pronk, born in Paramaribo, Suriname, has emerged as one of the most influential bankers on the global stage. His secret lies in the fact that despite his unprecedented financial successes, he has remained relatively unknown. “That brings…
Read more

The Flaws in Karl Marx's Economic Theories: Insights from Austrian Economists

The Flaws in Karl Marx’s Economic Theories: Insights from Austrian Economists

eyesonsuriname Amsterdam, February 11th, 2025 – Karl Marx’s economic theories have been a subject of intense debate and scrutiny over the years. While his ideas have influenced numerous political movements and policies, Austrian economists like Ludwig von Mises and Friedrich Hayek have pointed out several key mistakes and misconceptions in Marx’s approach. Mistakes and Misconceptions Javier…
Read more

Brazilian Real, most devalued currency in 2024

Hard times ahead for Brazilian Central Bank eyesonbrasil US dollar expectations in the Brazilian market are beating forecasts having reached R$ 6.30 in December, (from 4.85 in January 2024) making the Brazilian Real one of the largest currencies of emerging countries, as the most devalued during 2024, despite the Central Bank pumping some US$ 17 billion…
Read more

BRICS New Development Bank offers financing opportunities

BRICS New Development Bank offers financing opportunities

Dilma Rousseff eyesonsuriname Amsterdam, 28 december 2024– Former Brazilian President Dilma Rousseff, who now chairs the BRICS’ New Development Bank (NDB) said Friday after meeting with Uruguay’s President-elect Yamandú Orsi at the latter’s transition headquarters that the South American country was “best positioned” to access financing at lower rates for digital, social infrastructure, and education developments.…
Read more

SEOB: Vervolg IMF-programma essentieel voor duurzame economische stabiliteit

Suriname’s Path to Economic Stability: The Case for IMF Support

eyesonsuriname The Current Landscape Amsterdam, December 25th, 2024 – The Suriname Economic Oversight Board (SEOB) has recently recommended a follow-up program to the current International Monetary Fund (IMF) Extended Fund Facility (EFF) arrangement, which is set to conclude in 2025. This recommendation comes at a crucial time as Suriname continues to navigate its economic recovery…
Read more

A Golden Future: El Salvador's Path to Economic Stability

A Golden Future: El Salvador’s Path to Economic Stability

eyesonsuriname The Bitcoin Meltdown and the Quest for Stability Amsterdam, December 23rd, 2024 – El Salvador’s recent restrictions on Bitcoin purchases have sent shockwaves through the cryptocurrency market, leading to a significant meltdown. This move has reignited debates about the stability and safety of fiat currencies like the US Dollar, which are not backed by…
Read more

Iraq's Currency Reset: A Beacon of Hope for Economies in Crisis

Iraq’s Currency Reset: A Beacon of Hope for Economies in Crisis

eyesonsuriname Amsterdam, December 16th, 2024 – In a historic move, Iraq recently reset its currency, the Dinar, stabilizing it and backing it with the country’s vast oil reserves. This bold step has not only brought economic stability to Iraq but also attracted significant foreign investment. This article explores how Iraq’s successful currency reset could inspire…
Read more

Agreement in Baku

from 100 to 300Billion $ per year eyesonsuriname Amsterdam, 24 november 2024–Negotiators at this year’s United Nations climate summit struck an agreement early on Sunday in Baku, Azerbaijan, to triple the flow of money to help developing countries adopt cleaner energy and cope with the effects of climate change. Under the deal, wealthy nations pledged to…
Read more