The new US policy on Cuba will be announced in September. The Office of Foreign Assets Control (OFAC) of the US Treasury Department will publish new regulations on Cuba on September 15 (English). Trump signed a memorandum of national security strengthening US policy towards Cuba.

 

Trinidad & Tobago is working on its economy and public relations. Trinidad and Tobago and the Dominican Republic agreed to strengthen and expand the trade relations (Spanish). The Finance Minister Colm Imbert clarified Moody's announcement of billions of dollars in cuts from public salaries this year (English).

 

IMF said Nicaragua may suffer under the Trump administration. The International Monetary Fund (IMF) considers the possible changes in US trade policies a threat to the Nicaraguan economy (Spanish). The US receives 56% of Nicaragua's exports and is the source of more than 50% of the country’s remittances.

 

Inflation is under control in Nicaragua and the Dominican Republic. The Dominican Republic's central bank reported inflation reached 1.02% in the first half of the year (Spanish). In Nicaragua, inflation reached 2% due to the increase in water, power, gas, and other fuel prices (Spanish).

 

 

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