Regional News

Jhajayra Machoa Mendua, leader of the A’I Cofan nationality, speaks during a press conference at the 16th United Nations Biodiversity Summit (COP16), in Yumbo, Colombia October 31, 2024. REUTERS/Luisa Gonzalez
Jhajayra Machoa Mendua, leader of the A’I Cofan nationality, speaks during a press conference at the 16th United Nations Biodiversity Summit (COP16), in Yumbo, Colombia October 31, 2024. REUTERS/Luisa Gonzalez

UN nature summit agrees on payments for use of genetic information

CALI, Colombia, (Reuters) –  Countries at the U.N. COP16 nature talks in Colombia yesterday agreed to how companies in sectors such as pharmaceuticals and cosmetics should pay for the use of genetic information drawn from biodiversity in their research and development.

PriceSmart feeling foreign exchange crunch in Trinidad

(Trinidad Express) PriceSmart, identified in 2015 by former Central Bank governor Jwala Rambarran as the leading user of US dollars in Trinidad and Tobago’s retail and distribution sectors, says that ongoing challenges due to limited US dollar availability in this country have impacted its ability to convert T&T dollars to meet its obligations and support investments.

Scotia cuts US$ limit on credit cards

(Trinidad Guardian) Amid continuing tension about foreign exchange availability, Scotiabank T&T announced yesterday that effective December 1, 2024, it would reduce the maximum US dollar spending limit per calendar month on its credit cards until further notice.

UN once more calls on US to change course on Cuba

HAVANA, (Reuters) – The U.N. General Assembly yesterday overwhelmingly called on the United States to end its decades-long sanctions regime on Cuba, as the communist-run Caribbean island nation suffers its worst economic crisis in decades marked by collapsing infrastructure and shortages of basic goods.

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