Caribbean Business News Round-Up – June 11, 2021 – Caribbean and Latin America Daily News – News Americas

Caribbean Business News Round-Up – June 11, 2021 – Caribbean and Latin America Daily News – News Americas

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Russia’s Foreign Minister Sergei Lavrov (L) this week attended a ceremony held via video link with Antigua and Barbuda’s Prime Minister Gaston Browne to sign a treaty on basic relations. (Photo by Russian Foreign MinistryTASS via Getty Images)
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By NAN Business Editor

News Americas, NEW YORK, NY, Fri. June 11, 2021: Here are the top Caribbean business news headlines making news this week.

REGIONAL

The Caribbean’s economy is projected to grow this year despite the beating its tourism sector has taken this past year due to the pandemic. That’s the word from the World Bank in its June 2021 Global Economic Prospects. SEE MORE HERE

BARBADOS

Meanwhile,  after the year-long devastation caused by COVID-19, indicators point to a significant recovery of the tourism sector in Barbados and the region, and Americans are leading that comeback, with over a trillion dollars in household savings and about 60 to 70 per cent indicating a readiness to travel immediately.

Frank Comito, former chief executive officer and director general of the Caribbean Hotel
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