The ECCB’s Timothy Antoine on currency union, cooperation and DCash 2.0

The ECCB’s Timothy Antoine on currency union, cooperation and DCash 2.0

The Eastern Caribbean Central Bank is celebrating 40 years since its founding. What do you view as the main benefits of the Eastern Caribbean Currency Union? The main benefit, without a doubt, is relatively low inflation over an extended period. Since 1976, we have pegged US$1 to EC$2.7. Our inflation is largely imported and typically … Read more

Iceland declares state of emergency over escalating earthquakes, and volcano eruption fears

Iceland declares state of emergency over escalating earthquakes, and volcano eruption fears

Iceland has 33 active volcanic systems, the highest number in Europe, and thousands of tremors have been recorded since the end of October. ADVERTISEMENT Authorities in Iceland have declared a state of emergency after a series of earthquakes rocked the Reykjanes peninsula in the south-west of the country, raising fears of a volcanic eruption in … Read more