KINGSTON, Jamaica - The World Bank’s Regional Vice President for Latin America and the Caribbean, Carlos Felipe Jaramillo, has ended a three-day visit to Jamaica discussing a wide range of issues with officials here including digital transformation, reimagining education, increasing climate resilience, improving linkages between agriculture and the tourism sector, as well as urban resilience.
NEW YORK & PHILADELPHIA-- Inclusiv and Comcast Corporation today announced that Comcast has committed to invest $10 million specifically aimed at building equity in credit unions led by and/or serving people of color through Inclusiv’s Racial Equity and Resilience Investment Fund (“the Fund”). Launched in 2020, the Fund leverages investments to increase lending to minority-owned businesses, homeowners, and consumers, providing access to capital and new financial opportunity to traditionally underserved and underbanked communities. As Inclusiv’s first corporate investment, Comcast’s commitment will enable local financial institutions to deploy at least $200 million in total capital in communities that need it the most and help ensure hardworking individuals have access to the capital needed to build and strengthen their financial lives.
CHICAGO, - On July 1, Channing Capital Management, LLC (Channing) launched its first publicly traded mutual fund, the Channing Intrinsic Value Small-Cap Fund (Ticker: OWLLX). The investable universe is primarily domestic small capitalization stocks with a focus on quality companies that the portfolio management team believes to be attractively valued.
WASHINGTON, D.C. – The World Bank Vice President for the Latin America and the Caribbean, Carlos Felipe Jaramillo, Friday said that the coronavirus (COVID-19) pandemic has hit the Latin American and Caribbean (LAC) region hard and that economies contracted more in 2020 than at any other time in over a century.
BRIDGETOWN, Barbados – The Barbados government says it will be taking over the BDS$80 million (One BDS dollar=US$0.50 cents) of debt of the operators of the state-owned Hilton Barbados Hotel, even as the opposition the government’s ability to meet its debt obligations in the foreseeable future given “the persistent absence of any significant platform of growth being constructed”