Finance


Prime Minister’s Address the Belize Chamber of Commerce & Industry

April 27, 2017 Thank you for inviting me to share my sense of the business climate, the macro economy, and a few of my Administration’s actions and plans for sustaining and broadening Belize’s economic expansion. To some extent, a degree often underestimated, both government and the private sector grapple with conditions that are uncontrollable, or at least unpredictable. For example, at the start of our tenure nine years ago, the Great Recession and the unusual oil price spike that wobbled the global economy, especially small economies in the American orbit such as Belize, was surely not something we had bargained […]


Debt – America and the World – Economic collapse

University of Groningen EPISODE 1: Debt, a great invention is the first episode of a video lecture by Dirk Bezemer from the University of Groningen. It covers how debt and money systems developed over the years into the financial system we have today. All modern money is debt created by banks and this system has and can potentially bring us great wealth. EPISODE 2: How bubbles grow is the second episode of a video lecture by Dirk Bezemer from the University of Groningen. It covers how debt and money can be created by banks for both productive and non-productive purposes. […]


The Georgetown Agreement 2003

Brussels, 28 November 2003 ACP/27/005/00 Rev.16 Legal Service/NJB/mgf [Final Version] THE GEORGETOWN AGREEMENT As amended by Decision No.1/LXXVIII/03 of the 78th Session of the Council of Ministers, Brussels, 27 and 28 November 2003 PREAMBLE THE GOVERNMENTS OF THE AFRICAN, CARIBBEAN AND PACIFIC STATES, hereinafter referred to as “the ACP States”; DESIROUS OF CONTRIBUTING through continuous and concerted endeavours to the reinforcement of the process of solidarity of developing countries; HAVING REGARD to the ACP-EEC Lomé Conventions and the ACP-EC Partnership Agreement signed on 23 June 2000 in Cotonou, hereinafter referred to as the ACP-EC Partnership Agreements; HAVING REGARD in particular […]


The Georgetown Agreement 1992

Amended in accordance with the Council of Ministers’ Decision adopted at its 55th Session held in Brussels from 24 to 26 November 1992 Document ACP/27/028/92 THE GOVERNMENTS OF THE AFRICAN, CARIBBEAN AND PACIFIC STATES, Hereinafter called as the “ACP GROUP“, HAVING CONTRIBUTED, through united and concerted endeavours to the acceleration of the process of solidarity of developing countries, HAVING REGARD to the ACP-EEC Lome Convention, REAFFIRMING their attachment to the fundamental principles of human dignity, human rights and the rights of peoples; DESIROUS of consolidating and strengthening the existing solidarity of the ACP Group, and of promoting improved cooperation between […]


Moving the OECS & Belize deep into the CSME

By: Rickey Singh on Sunday, June 06, 2010 TRADE and economic disadvantages being experienced by the Less Developed Countries (LDCs) of the Caribbean Community pose a critical challenge to their full integration in Caricom’s Single Market and Economy (CSME). These are largely countries of the Organisation of Eastern Caribbean States (OECS) and Belize. According to the findings of a just-completed major study, the creation of a Regional Stabilisation Programme (RSP) must be treated as an urgent priority. Caricom’s Council for Trade and Economic Development (COTED) will shortly discuss the findings and recommendations of the study, viewed as a very serious […]


Understanding the Greek debt crisis

A while back I noted that we should be looking at Greece for where not to end up in the future, seeing that G.O.B. keeps borrowing more and more every day that goes by; adding more and more debt on the shoulders of every Belizean that will have to be paid for by many future generations. I want to share these videos with you all so you can understand what’s going on in Greece and better look at what’s happening in Belize and hopefully stand up and fight for the future of Belize. After all, our children and their children […]


Paycation or Payscam: Belize’s New Certified Travel Agency 3

Introduction Two weeks ago, I saw that a lady posted on Facebook that she had completed a training to be a Certified Travel Agent. She appeared interested in doing bookings for Belizeans. I was a bit puzzled by this. I would have expected that it’s much more lucrative to book tours for international visitors to Belize than being interest in booking Belizeans out of country. Thinking little of it, I just continued scrolling my Facebook feed. Certificate received by Belizean Today, I became suspicious when I saw another Belizean posted that he too had completed a program and is now a Certified Travel […]


The truth of why Europe wants Greece to suffer

Another reason why Belize should be paying attention to what is going on in Greece and start to make changes before we get to the same place. The truth about the never-ending financial crisis & the cult of extreme austerity Greece’s financial nightmare has lasted five years now. There’s no sign of real relief—for a very specific reason   For someone who writes about economics, the situation in Greece offers two enticing elements: the ability to spin out moments of high drama, and the probability it will endlessly repeat forever. We’ve experienced five years (really, here’s one of my first […]


Want to know the future of Belize? See Greece

Pay attention to what’s happening in Greece. We’ve posted about this before and things di geh dread as we say in Belize. Greece is slowly being led to slaughter house and Belize is going to the same place, Greece is at the door, Belize is making it’s way down the chute. Greece’s economy will be locked down with capital controls if it can’t find a deal by the weekend European governments are ready to push for capital controls in Greece would mean a severe lockdown on flows of cash … strict limits on the amount that could be withdrawn from […]


The 'Grexit' Issue and the Problem of Free Trade

By George Friedman The Greek crisis is moving toward a climax. The issue is actually quite simple. The Greek government owes a great deal of money to European institutions and the International Monetary Fund. It has accumulated this debt over time, but it has become increasingly difficult for Greece to meet its payments. If Greece doesn’t meet these payments, the IMF and European institutions have said they will not extend any more loans to Greece. Greece must make a calculation. If it pays the loans on time and receives additional funding, will it be better off than not paying the […]


U.S. NGOs Kicked Out of Eritrea | Foreign Aid Is Meant To Cripple People

By Ezili Dantò – Global Research, April 07, 2015 Foreign Aid Is Meant To Cripple People “Anyone who takes aid is crippled. Aid is meant to cripple people… Governments in Africa and elsewhere are not allowed to write their own programs. And when it comes to implementing programs, it deprives you of building institutions and the capacity to implement your programs…We need to write our own programs in the first place. We need to articulate on the projects we write. We need to have a comprehensive strategy, plans on how to implement those programs…Unless we do that on our own, […]