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Royal Fidelity to host economic outlook conference

Royal Fidelity Merchant Bank & Trust Ltd has announced that the Royal Fidelity Bahamas Economic Outlook Conference will be held Wednesday, March 4 at the Grand Hyatt Convention Centre, Baha Mar. (Photo courtesy Royal Fidelity)

Wednesday, January 29, 2020
Wednesday, January 29, 2020

The Royal Fidelity Bahamas Economic Outlook Conference will be held Wednesday, March 4 at the Grand Hyatt Convention Centre, Baha Mar, with the annual one-day event tackling the theme of “Colliding Global Interests: Assessing the Impact.”

According to Royal Fidelity president Michael Anderson, the 2020 theme recognizes the conflicts that have arisen over the last decade between entrenched interests of established economies or “super-powers” and those that challenge the status quo. It also captures the tensions created by the emergence of new technologies and their impact on both employment and the concentration of wealth, he says.

“While we typically see these global issues as impacting larger countries and economies, whether its through rising oil costs, increased tariffs on imported goods from China, restrictions on goods purchased from various suppliers or coping with rising sea levels and increasingly powerful storms, these colliding global interests actually have a direct impact on our daily lives in The Bahamas,” said Anderson.

“This year’s conference seeks to identify both the key risks and opportunities arising out of these global conflicts, making us better able to manage their impact and potentially benefit from their consequences.”

The conference’s keynote speaker is Ambassador Nicholas Burns, a distinguished career diplomat who served under both Democratic and Republican Presidents. Ambassador Burns offers a bipartisan view of foreign affairs and global trends in the 21st century.

Other speakers include Todd Buccholz, economist and best-selling author, Peter Haas, associate director of the Brown University Humanity Centered Robotics Initiative, and best-selling author, Alex Banayan.

Royal Fidelity BEO is sponsored by Aliv, Doctors Hospital Health System, Fidelity Bank (Bahamas) Limited, Glinton Sweeting O’Brien Counsel and Attorneys-at-Law, J S. Johnson Insurance Agents & Brokers, PricewaterhouseCoopers, RBC Royal Bank, REV, Sign Island and The Tribune Media Group.

Pictured: (from left, front row) RFBEO sponsors Jenny Pinder, Media Sales Executive, REV; Michael Anderson, President, Royal Fidelity; Linda Beidler-D’Aguilar, Partner, GSO Legal; H. Gregory Bethel, Retail Banking President. (Back Row) Kweku Symonette, CEO & Sign Specialist, Sign Island; Kevin Cambridge, Partner, PWC; Dwayne Davis, Chief Information Officer, Aliv; Bryan Glinton, Partner, GSO Legal; Charles Johnson, Senior Manager, J.S. Johnson. (Photo courtesy Royal Fidelity)

The Bahamas signs an “historic” aviation agreement with the US to increase airlift between the two countries. Watch ZNS Network news report here.

Deputy Prime Minister and Minister of Finance Peter Turnquest delivered the Supplementary Budget Statement in the House of Assembly yesterday concerning the tabling of appropriations and borrowing resolutions. Read the full address here.

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