Enormous Investments eyesonbrasil Amsterdam, 22 april 2024–Petrobras, Brazil’s state-controlled oil company, has unveiled plans for investments exceeding US$70 billion in exploration and production activities. Not too long ago, Petrobras already invested and focused heavily in pumping up oil, as well as take-overs in order to grow more. These investments aim to not only bolster the country’s…
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Probably needs homework again. Or Magnifying glasses eyesonbrasil Amsterdam, 15 april 2024– Only Brazil and Mexico would survive as world economic powers in Latin America by 2030, according to a study by PricewaterhouseCoopers (PwC) and Standard Chartered released last week. The two countries are expected to experience significant economic growth within the next six years. The…
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Bio-economy First eyesonsuriname Amsterdam, 28 march 2024 — Presidents Luiz Inácio Lula da Silva and Emmanuel Macron launched Tuesday in Belém a € 1 billion investment bioeconomy program for the Brazilian Legal Amazon as well as for the part of the Amazon within French Guiana to raise funds through public and private investments over the next…
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eyesonsuriname 1. Volatility: Riding the Bitcoin Roller Coaster Bitcoin, the enigmatic digital currency, has carved its path through the financial landscape with breathtaking volatility. Its price swings are akin to a tempest-tossed ship on a stormy sea. As investors, we must acknowledge that Bitcoin’s youthfulness contributes to this wild ride. Within a single day, its…
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eyesonsuriname The world of banking is on the cusp of a transformation. As the SWIFT Standard takes a back seat and new norms emerge, financial institutions are poised for a paradigm shift. Let’s delve into the changes that await us, guided by the glimmer of gold-backed currencies. 1. ISO 20022: The Global Standard Unleashed The…
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eyesonsuriname Amsterdam, 3 Jan 2024–High net worth investors who hold a large percentage of their savings in cash or money market funds risk missing out on the potential for sizable gains in bond markets. Reviewing the past five US rate-hiking cycles reveals that, three years after they peaked, cash delivered an average return of 15…
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Paris, September 13, 2023 – On the occasion of the meeting held in Paramaribo between Patrick Pouyanné, Chairman and CEO of TotalEnergies, H.E. Chandrikapersad Santokhi, President of Suriname, and Annand Jagesar, CEO of Staatsolie, TotalEnergies has announced the launching of the development studies for a large oil project in Block 58, offshore Suriname. Appraisal of…
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End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a…
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Guyana faces a critical obstacle hindering the participation of local businesses in the country’s local content development initiatives – the challenge of accessing crucial financing. This issue threatens to undermine the entire local content effort vital for the nation’s economic growth, as highlighted by energy expert David Goldwyn, renowned for his experience in the U.S.…
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From Crisis to Confidence by Eftimiya Salo The Voluntary Carbon Market (VCM) has been recognized as a powerful tool for climate change mitigation by supporting corporate climate targets in addition to deep emission cuts aligned with a 1.5-degree trajectory. However, with great power comes significant responsibility, and unfortunately, the current state of the VCM falls…
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