Belize's domestic exports fell sharply in July, dropping 37.2 percent to $38.5 million compared to $61.3 million a year earlier, driven largely by a steep decline in sugar sales, according to the Statistical Institute of Belize. Sugar earnings fell $18.8 million, from $35.8 million to $17.0
The devastating floods that swept through the Nepal-Tibet border region this week, leaving hundreds of foreign nationals missing, were triggered by a glacial collapse, according to the US Geological Survey, not an earthquake as authorities initially believed. The USGS says a glacier, or part of one,
Belize's overall consumer prices rose 4.1 per cent in July compared to the same month last year, driven largely by higher costs for fuel, housing, and food, according to the Statistical Institute of Belize. The national consumer price index stood at 125.3 in July, up from
Belize's national Consumer Confidence Index (CCI) climbed to 42.6 in July, up 3.6 per cent from June's 41.1. This marks the first monthly increase since the start of the year, according to the Statistical Institute of Belize (SIB). The rise reflected improvements across all three components
Tropical Storm Dolly has formed over the central tropical Atlantic, prompting interests in the Leeward Islands to monitor the system's progress. As of 11:00am AST, Dolly's center was located about 1,555 miles east of the Leeward Islands, moving west near 24 mph. Forecasters expect that motion
Belize’s dependence on imported electricity was laid bare last night when a disruption in Mexico triggered a major power failure here at home. Belize Electricity Limited says supply from Mexico’s Comisión Federal de Electricidad suddenly dropped around seven-thirty p.m., forcing the utility to cut power
Staying cool in Belize’s rising heat may be costing you more than you realize. Air conditioners are now more affordable and widely used, but experts say simple mistakes can force them to work overtime and send electricity bills soaring. So, is your AC driving up
Belizeans were left in the dark last night, and today the Opposition is demanding answers and financial relief. The unplanned countrywide power outage came as households were already grappling with higher electricity costs, including the first one-point-five-cent increase under the new Cost of Power Adjustment
A proposed overhaul of Belize’s tax system triggered a temporary shutdown across the country earlier today. Public officers abandoned their posts, bringing tax services to a standstill as they pushed back against legislation they say threatens their livelihoods and places too much power in the
The proposed Revenue Authority Bill is facing another wave of political resistance, this time from UDP Leader Tracy Taegar-Panton. She argues that the legislation would place sweeping authority in the hands of the Minister of Finance, a portfolio held by Prime Minister John Briceño. Panton
