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flag A U.S. court sentenced a real estate developer to eight years for defrauding investors of $77 million in the Sanctuary Belize project.

flag A U.S. court sentenced a real estate developer linked to the Sanctuary Belize project to eight years in prison for fraud involving $77 million from investors, many retirees, who were promised land for homes. flag The scheme contributed to the collapse of Belize’s Atlantic International Bank, which was liquidated and settled with the FTC. flag Belize’s 2024 GDP growth was revised downward from 8.2% to 3.5% due to a more comprehensive data analysis, with all sectors growing—tertiary led at 4.6%—but still falling short of earlier claims. flag In Q2 2025, primary sector growth drove GDP, boosted by agriculture and livestock, while the tertiary sector declined due to weaker trade, transport, and government spending. flag Tourism played a minimal role, coinciding with a slow season. flag Consumer confidence has dropped to 47.4, signaling pessimism and potential spending cuts. flag Meanwhile, Guatemala’s president addressed the UN, confirming the ICJ case on the Belize border dispute has moved to oral hearings, with a judgment expected next year.

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