AGP Executive Report
Last update: 8 hours agoRegional Investment: At the U.S.–Caribbean Dialogue, Prime Minister Philip J. Pierre urged partnerships to deliver affordable energy, jobs and resilient infrastructure. Washington announced US$340.3 million for the Caribbean and Central America, including US$175.8 million for submarine cables and funding for health and security. Economic Outlook: The IMF says strong tourism and remittances are cushioning regional economies, but high debt, rising energy and food costs, and subdued growth prospects remain concerns. Trade Leadership: Export Saint Lucia CEO Sunita Daniel was elected chair of Caribbean Export, which supports regional trade and business development. Tourism: The OECS says more visitor spending should reach local farmers, fishers and small businesses; Saint Lucia’s tourism sector also earned 38 international awards. Consumer News: GraceKennedy expanded its Tropical Rhythms Fruit Punch recall. Affected one-litre batches were distributed in Saint Lucia and several other markets; the company says it is a quality issue, not a food-safety concern.
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