SURINAME

DP World Boosts Freight Forwarding Network with Americas Expansion

Retrieved on: 
Wednesday, March 13, 2024

Charlotte, North Carolina, March 13, 2024 (GLOBE NEWSWIRE) -- DP World, a global leader in supply chain solutions, announces that it is expanding its freight forwarding operations across the Americas as part of its global strategy to build a comprehensive end-to-end supply chain network.

Key Points: 
  • Charlotte, North Carolina, March 13, 2024 (GLOBE NEWSWIRE) -- DP World, a global leader in supply chain solutions, announces that it is expanding its freight forwarding operations across the Americas as part of its global strategy to build a comprehensive end-to-end supply chain network.
  • Within the last eight months, DP World has opened 100 new freight forwarding offices across six continents, including 15 new offices strategically positioned across the Americas.
  • Expanding its freight forwarding offerings will enable DP World to deploy its “toolbox” of owned global assets made up of ports, terminals, warehouses, trucks, rail, and shipping services to help enhance visibility, control, resilience, and efficiency across the industry.
  • Terry Donohoe, Senior Vice President of Freight Forwarding at DP World Americas, highlights the strategic intent behind the expansion: “Our growth across the Americas underscores DP World's dedication to our customers and the critical role the Americas play in our global strategy.

Newmont Completes $20 Million Global Community Support Fund, Partnering with Communities for Greater Resilience Post-Pandemic

Retrieved on: 
Friday, April 5, 2024

The objective of this fund was to provide critical financial resources to host communities where Newmont operates, targeting funds to address immediate impacts of the global pandemic while catalyzing long-term resiliency and future community development.

Key Points: 
  • The objective of this fund was to provide critical financial resources to host communities where Newmont operates, targeting funds to address immediate impacts of the global pandemic while catalyzing long-term resiliency and future community development.
  • $500,000 donation matched by the Colorado Health Foundation resulting in a $1 million total donation to the Colorado Community Support Fund to support community health and prevention for underserved populations in the state.
  • $300,000 donated to the American Red Cross Global Disaster Preparedness Center to support research and local-level grants for emergency response community resilience.
  • Crown Agents is proud to collaborate with Newmont and the Ministry of Health to contribute to the health and resilience of Suriname."

Suriname Insurance Industry Governance, Risk and Compliance Report 2023 - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 22, 2024

The "Suriname Insurance Industry - Governance, Risk and Compliance" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Suriname Insurance Industry - Governance, Risk and Compliance" report has been added to ResearchAndMarkets.com's offering.
  • The report provides detailed analysis of the insurance regulations for life, property, motor, liability, personal accident and health, and marine, aviation and transit insurance.
  • The Surinamese insurance industry is supervised and regulated by the Central Bank of Suriname.
  • Motor third-party liability insurance, health insurance and workers compensation insurance are compulsory classes of insurance.

In the face of severe challenges, democracy is under stress – but still supported – across Latin America and the Caribbean

Retrieved on: 
Tuesday, February 13, 2024

Threats to economic and physical security have become persistent and pervasive across Latin America and the Caribbean – and that is affecting the way people view the state of democracy in the region.

Key Points: 
  • Threats to economic and physical security have become persistent and pervasive across Latin America and the Caribbean – and that is affecting the way people view the state of democracy in the region.
  • The 2023 round of AmericasBarometer, which includes nationally representative surveys of 39,074 individuals across 24 countries in Latin America and the Caribbean, reveals widespread pessimism and adversity, decreased satisfaction with the status quo, and yet also resilience in popular support for democracy.

Elevated economic and physical insecurity

  • In brief, despite variation among different countries, the average resident of the region has been facing elevated economic and physical security challenges for over a decade, our surveys have found.
  • In the mid-2010s, a global economic commodity boom ended, and the region’s economic recovery has been thwarted by structural issues, including low productivity and high income inequality.
  • The uptick in crime and insecurity is similarly driven by a range of factors, including economic crises and the growth of well-armed transnational criminal syndicates.

Disillusionment is a challenge to democracy

  • Our results show that disillusionment with the democratic status quo is strikingly high in the region, with only 40% thinking democracy is working.
  • Although the root causes are debated, disillusionment with the status quo fuels support for populist leaders with autocratic tendencies.
  • El Salvador stands as an example of how disillusionment can undermine democracy.
  • He cheekily referred to himself on social media as a “dictator”, while his running mate spoke of their program to eliminate democracy.

Democracy retains popular support

  • Despite general gloom about how well democracy is performing, there is reason for optimism: Support for democratic governance has largely held steady over the last decade of our survey.
  • Across the region, on average, 58% say that they believe democracy is the best form of government.
  • In all but three countries – Guatemala, Honduras and Suriname – majorities say they prefer democracy.
  • For now, at least, an enduring belief in democracy may facilitate efforts by leaders in and outside the region to champion and strengthen democratic governance.
  • The contents of this article are the sole responsibility of the authors and do not necessarily reflect the views of USAID or any other funding agency.
  • Elizabeth J. Zechmeister co-directs the AmericasBarometer, which has been supported by grants from USAID, the US National Science Foundation, and the Inter-American Development Bank.

Newmont and Project C.U.R.E. – Two Decades of Partnership Delivering Global Medical Support

Retrieved on: 
Thursday, February 8, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240208935869/en/
    Newmont and Project C.U.R.E.’s partnership has created a positive economic ripple effect across 36 countries.
  • (Graphic: Business Wire)
    “Creating a positive impact on more than 10 million people globally, through our partnership with Project C.U.R.E.
  • “For nearly two decades, our partnership has helped deliver support to host communities near our operations and around the world.
  • Contributing $5 million to support humanitarian efforts relating to the ongoing war in Ukraine, providing direct support to Project C.U.R.E., the American Red Cross and International Medical Corps.

APA Corporation to Acquire Callon Petroleum Company in All-Stock Transaction

Retrieved on: 
Thursday, January 4, 2024

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Key Points: 
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    HOUSTON, Jan. 4, 2024 /PRNewswire/ -- APA Corporation ("APA" or the "Company") (NASDAQ: APA) and Callon Petroleum Company ("Callon") (NYSE: CPE) have entered into a definitive agreement under which APA will acquire Callon in an all-stock transaction valued at approximately $4.5 billion, inclusive of Callon's net debt.
  • Under the terms of the transaction, each share of Callon common stock will be exchanged for a fixed ratio of 1.0425 shares of APA common stock.
  • APA expects to retire the existing debt at Callon and replace it with APA term loan facilities totaling $2.0 billion.
  • APA and Callon will host a joint conference call on Thursday Jan. 4, 2024, to discuss the transaction at 7:30 a.m. Central (8:30 a.m. Eastern).

APA Corporation to Acquire Callon Petroleum Company in All-Stock Transaction

Retrieved on: 
Thursday, January 4, 2024

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Key Points: 
  • *
    HOUSTON, Jan. 04, 2024 (GLOBE NEWSWIRE) --  APA Corporation (“APA” or the “Company”) (NASDAQ: APA) and Callon Petroleum Company (“Callon”) (NYSE: CPE) have entered into a definitive agreement under which APA will acquire Callon in an all-stock transaction valued at approximately $4.5 billion, inclusive of Callon’s net debt.
  • Under the terms of the transaction, each share of Callon common stock will be exchanged for a fixed ratio of 1.0425 shares of APA common stock.
  • APA expects to retire the existing debt at Callon and replace it with APA term loan facilities totaling $2.0 billion.
  • APA and Callon will host a joint conference call on Thursday Jan. 4, 2024, to discuss the transaction at 7:30 a.m. Central (8:30 a.m. Eastern).

AngloGold Ashanti to Make a Strategic Investment in G2 Goldfields Inc.

Retrieved on: 
Tuesday, December 19, 2023

G2 is actively exploring in Guyana, a country which hosts the Guiana Shield, one of the world’s most prospective gold provinces.

Key Points: 
  • G2 is actively exploring in Guyana, a country which hosts the Guiana Shield, one of the world’s most prospective gold provinces.
  • Commenting on the Subscription, Alberto Calderon, CEO of AngloGold Ashanti said, “This strategic investment in G2 will provide us with a strong position in one of the world’s key gold provinces with significant potential for new discoveries.
  • In this communication, AngloGold Ashanti relies on information publicly disclosed by G2 pertaining to the OKO Main Zone deposit and by Reunion Gold pertaining to the OKO West discovery.
  • AngloGold Ashanti has not independently verified this information and is not treating such information as a current estimate of Mineral Resources, Mineral Reserves or exploration results.

AM Best Upgrades Credit Ratings of Gulf Insurance Limited

Retrieved on: 
Thursday, November 16, 2023

AM Best has upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating to “bbb” (Good) from “bbb-” (Good) of Gulf Insurance Limited (Gulf) (Trinidad and Tobago).

Key Points: 
  • AM Best has upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating to “bbb” (Good) from “bbb-” (Good) of Gulf Insurance Limited (Gulf) (Trinidad and Tobago).
  • The outlook of these Credit Ratings (ratings) has been revised to stable from positive.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Republic of Suriname Announces Successful Settlement of Invitation

Retrieved on: 
Thursday, December 7, 2023

The Invitation expired at 5:00 pm, New York City time, on November 3, 2023 (the "Expiration").

Key Points: 
  • The Invitation expired at 5:00 pm, New York City time, on November 3, 2023 (the "Expiration").
  • The Republic is pleased to announce that following the satisfaction of the Legal Opinion Condition (as defined in the Invitation) and the execution of the New Indentures and supplemental indentures between the Republic and the relevant trustee, settlement of the transaction occurred on December 6, 2023.
  • The New Indentures and the terms of the New Securities have been given effect as of the Effective Date.
  • Holders of each series of Eligible Bonds were entitled to receive the specific consideration described in the Invitation, subject to rounding as described in the Invitation.