Central America pushes sustainability as banks contemplate climate risks
Monday 7 March 2022 – Vol.13 Ed.10.1
Commentary: Central America aims to become leader in sustainability
By Natalia Ospina in London
Central America’s above-average recovery in 2021 and the positive outlook for the coming years demonstrate the region’s resilience to shocks and its potential for development. In February, trade experts and private investors joined CABEI and OMFIF to discuss Central America’s competitive...
Nagel launches appeal to curb inflation before it is too late
Thursday 10 February 2022Vol.13 Ed.6.4
Commentary: A new front in ECB’s psychological war over tighter money
By David Marsh in London
A new front has opened in the psychological war at the European Central Bank over an incipient move to tighten monetary policy. In his first media interview since becoming Bundesbank president, Joachim Nagel has forecast average Germany inflation of ‘well over 4%’ this year. This is probably sufficient to...
Private digital currencies are here to stay; How Central America is recovering
Thursday 23 December 2021 – Vol.12 Ed.51.4
Commentary: The fight for your digital wallet
By Marcelo Prates in Brasília
The monetary landscape is being transformed by an increasingly aggressive fight for your digital wallet. What started slowly with bitcoin in 2008 has now become an inevitable reality: private digital currencies are here to stay. Even central bankers have started looking more seriously at issuing a widely...
Ultralong bond debate highlights US Treasury tensions, Asia is ready to invest more in Central America
Friday 19 March 2021 – Vol.12 Ed.11.5
Commentary: Ultralong bond debate highlights US Treasury tensions
By Amar Reganti in Boston
When Janet Yellen was confirmed as US Treasury secretary, questions inevitably resurfaced as to whether the Treasury should begin issuing a 50-year or even a 100-year ultralong note. The ultralong bond debate is an example of the tension between lowest-cost...
Hurricane Iota has rapidly intensified into a high-end Category 4 storm as of Monday morning, packing sustained winds of 155 mph. It’s heading toward parts of Central America that were devastated by Hurricane Eta, another Category 4 storm, just two weeks ago.
The latest forecast from the National Hurricane Center (NHC) has Iota making landfall near Puerto Cabezas, Nicaragua, by Monday night. There’s a chance it could get a bit stronger just prior to landfall.
The NHC emphasized that Hurricane...
https://s29755.pcdn.co/news/major-hurricane-iota-nearing-landfall-in-central-america
Central America resilient against Covid, In conversation with Yves Mersch
Monday 9 November 2020 – Vol.11 Ed.46.1
Commentary: Central America resilient against Covid
By Natalia Ospina in London
At a time of global uncertainty, Central America presents opportunities for growth and sustainable recovery driven by its dynamism and economic integration. An OMFIF report, produced jointly with the Central American Bank for Economic Integration, revealed that Central America stood out from the rest...
Hurricane Eta, the 28th named storm of the 2020 Atlantic hurricane season, is closing in on Central America. It will likely produce areas of major flooding and wind damage this week.
As of 10 a.m. EST Monday, Eta was centered about 140 miles northeast of Puerto Cabezas, Nicaragua, on the country’s northeastern coast. Eta’s eye could make landfall right over this area Tuesday. The National Hurricane Center (NHC) has issued a hurricane warning for the northern half of the Nicaraguan coast, as well...
https://s29755.pcdn.co/news/hurricane-eta-forecast-to-cause-catastrophic-damage-in-central-america
Ma Jun on climate risk analysis, Central American investment opportunities
Wednesday 7 October 2020 – Vol.11 Ed.41.3
Commentary: Climate risk analysis as a public good
By Ma Jun in Beijing
There is growing consensus among central banks and regulators that enhanced environmental risk analysis is essential to greening investments and protecting the financial system. ERA methodologies should be public goods. All parties in the financial sector should work together to promote their wider adoption....
According to an article...
https://mfame.guru/who-urges-governments-to-be-on-guard-as-covid-19-rises/
One of the oldest vessels still on active duty with the US Coast Guard has successfully seized nearly 500 kilograms of cocaine with an estimated value of US$18.7 million ..