AGP Executive Report
Last update: 3 hours agoRegional Payments: The CARICOM Payment and Settlement System has entered a pilot across 11 jurisdictions, enabling real-time cross-border payments in local currencies and potentially lowering costs for businesses. Gold Exploration: Critical Resources has sent management to Suriname to assess its Gonini and Greenstars projects and prepare initial fieldwork; the company expects to secure a 90% interest once the deals are completed. Animal Health: Guyana has tightened farm inspections and border checks after H5N1 bird flu was confirmed in Suriname, highlighting the need for strong regional disease monitoring. Offshore Energy: Valaris won a two-well exploration contract with PETRONAS Suriname, expected to begin in the fourth quarter and run for up to seven months. Hydropower Risks: The World Bank warns that drought could cut hydropower output across northern South America, including Suriname, and force greater reliance on costly fossil-fuel generation.
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