Mexican outlets report the United States will apply a tariff to Mexico and dozens of countries from Friday over forced labour failings. Figures differ.
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Offshore installation of the subsea system for the Whiptail project has begun off Guyana, according to reports from Brazil Energy Insight and OilNOW.
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The Guyana Development Bank Act received assent on 30 July 2026. Section 25 compels the bank to put its credit policies in writing and no provision requires it to publish them. The bank is not open: commencement awaits a ministerial Order, with no board and no chief executive named.
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The Guyana Development Bank's own facility is G$3 million at zero interest with no collateral. The G$10 million figure usually quoted depends on up to G$7 million from commercial banks, and section 5(2)(b) confers only a bare power to co-finance, with no amount, no rate and no obligation.
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The Guyana Development Bank Act 2026 passed on 27 July and received assent on 30 July. Section 20(1) sets authorised capital at G$40 billion. Assent is not commencement: section 1 leaves that to a ministerial Order. Section 25 compels written credit policies and none requires their publication.
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Guyana has passed the Development Bank Bill, with outlets reporting the new law will offer zero-interest loans for small businesses across the country.
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Guyanese outlets report Minister Zulfikar Ally is urging citizens to form consortiums to access cluster loans ahead of the Guyana Development Bank launch.
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Foreign Secretary Robert Persaud says the 12.5 per cent US tariff adds no burden because oil, gas and gold are exempt and the rate is lower than before. That holds for the national export figure, which is almost all oil. It does not hold for rum, seafood and processed-food producers.
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USTR's final action places Trinidad and Tobago at 10 per cent and leaves Guyana and the Bahamas at 12.5 from 12:01 a.m. on 24 July 2026. The other twelve CARICOM members were never investigated and carry no additional duty. Crude oil, natural gas and refined products are exempt.
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Washington gave sixty economies four months of notice and a written route to the lower tariff band. Five took it and were moved down. Trinidad and Tobago sent no witness and announced a prohibition in its own Senate instead. Guyana sent a witness and no instrument, and stayed at 12.5 per cent.
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New American duties of 10 to 12.5 per cent begin at 12:01 a.m. on 24 July 2026, covering sixty trading partners and about 99.4 per cent of US imports. Guyana pays 12.5 per cent and the rate does not expire. Twelve of fifteen CARICOM members were never listed and revert to ordinary duty.
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Air France will open a direct link between Pointe-à-Pitre and Panama City from December, French Caribbean outlets report, connecting the Antilles-Guyane region.
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