Belize Financial News

China's growing influence across Central America. With the Chinese ambassador at his side, Bukele toured the seven-story building, erected at a cost of $54 million paid for by China. The building sprawls over 24,000 square meters (260,000 square feet), and contains gamer and robotics areas, interactive digital screens and both a digital library and shelves containing 360,000 books, the government said on Tuesday. A day later, the son of Nicaraguan President Daniel Ortega, Laureano Ortega, inspected 250 Chinese-made buses and thanked Beijing for the «special relationship» he asserted was lifting the nation out of poverty. «The new politics of the region has accelerated China's influence and put distance between the United States and Central America, from the leftist authoritarian Ortega regime to the right-wing authoritarian Bukele regime,» Evan Ellis, a researcher at the US Army War College Strategic Studies Institute, told AFP. Since Costa Rica switched diplomatic relations from Taipei to Beijing in 2007, China has steadily gained ground in Central America, establishing relations with Panama (2017), El Salvador (2018), Nicaragua (2021) and most recently Honduras earlier this year. «China's efforts in Central America have mostly been driven by an interest in isolating Taiwan,» Margaret Myers, a specialist in China and Latin America at the Inter-American Dialogue, told AFP. In Central America, only Guatemala and Belize are among the dwindling 13 nations that still maintain diplomatic ties with Taiwan, a self-governing island that China considers part of its territory.

OneCoin’s legal chief pleaded guilty to money laundering and wire fraud charges, according to a statement released today from the U.S. Attorney’s Office for the Southern District of New York.

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By Alberto Fajardo

solar eclipse produces a mesmerizing "ring of fire." These unique celestial occurrences are similar to total solar eclipses, with one crucial difference — the moon is positioned at the farthest point in its orbit from Earth, preventing it from completely obscuring the sun. This results in a breathtaking display as the sun's brilliant light encircles the moon's shadow.

Solar Eclipse will be visible across most American cities for the first time since 2012. This Eclipse is called a ‘Ring of Fire’ because it appears in a distinctive shape of the Sun which is caused by the Moon partially blocking it. When the Moon moves between the Sun and the Earth, and conceals the Sun partially, a dazzling ring becomes visible in the sky.

Mexico's president says he rejected a U.S. request to set up migrant transit centers in Mexico

Bond deals arranged by Credit Suisse and Bank of America Corp. in connection with debt swaps for emerging-market issuers are facing renewed scrutiny, after the International Capital Market Association issued new labeling guidelines.

Gabon is refinancing $500 million of its debt through a deal aimed at directing more funds to ocean management

According to Global Firepower, a prominent data website specializing in defence-related information, the United States possesses the most powerful military force worldwide. Russia and China follow closely in second and third place, respectively, while India secures the fourth position.

A Bulgarian woman has been extradited to the United States for her involvement in the notorious crypto scheme OneCoin.

Two more ships left Ukraine's Black Sea ports on Friday, including one laden with the first Ukrainian wheat to be exported under a UN-brokered deal, Turkey's defence ministry said.

Are you planning a trip abroad? You may need to buy travel insurance to visit your destination country.