A few days ago, Karolin Troubetzkoy, the President of the Caribbean Hotel and Tourism Association (CHTA), spoke to the media about some of the challenges that she believes now face the tourism sector in the region; the industry that in recent years has become the single largest contributor to Caribbean economic growth.
Last month the Inter-American Development Bank (IDB) published a paper ‘Chinese rise in the Caribbean – What does it mean for Caribbean Stakeholders?’ Although, in its conclusions, it said little more than a number of Caribbean commentators have observed previously, it is important for three reasons.
If the opinion polls are to be believed, the British electorate may vote by a small majority to leave the European Union (EU) in the country’s June 23 referendum.
As each day passes, the internal situation in Venezuela deteriorates. Rumours of military coups and unstoppable violence swirl, street protests escalate, ordinary citizens suffer shortages of medicine, everyday foodstuffs, and almost everything else, while enduring rapidly escalating inflation.
In Havana on April 28, the Dominican Republic and Cuba agreed to explore the possibility of a partial scope trade agreement.
A few days ago the US House Foreign Affairs Committee unanimously agreed a draft bi-partisan bill that seeks to have the administration give greater priority to the US-Caribbean relationship.
Last week in Doha, many of the world’s major producers of crude oil tried, but failed to agree to freeze production, in order to stabilise and eventually increase prices.
How well will the Caribbean cope with the ‘disruptive technology’ and ‘disruptive innovation’ that in less than a decade could change structurally, employment, competiveness and consumer thinking in most developed and in many developing nations?
If you read the Financial Times, the Wall Street Journal, the Washington Post or some of the world’s other heavyweight newspapers, you may have seen in recent months, articles discussing the abolition of currency.
At the last count, something like 619 regional trade agreements had been notified to the World Trade Organization (WTO).
In Europe a far-reaching and multi-faceted policy review is underway that is likely to result in a significant change in European priorities.
Imagine this. You, a partner or family member is working overseas. You have been sending money home to support an aging relative or to make a regular payment on a mortgage.
On December 12 in Paris, France’s Foreign Minister, Laurent Fabius, brought to a close the UN climate change conference, COP 21.“I now invite the COP to adopt the decision entitled Paris Agreement outlined in the document,” he said, and then seconds later: “Looking out to the room I see that the reaction is positive, I see no objections.
Over the last few years Venezuela has through its PetroCaribe oil and development facility provided an economic lifeline for most Caribbean Basin economies; extending support in a manner that no other country has been willing to replicate.
Each year the elected leaders of Britain’s overseas territories (OTs) gather from around the world to meet with British ministers in London.
In September a special summit of the United Nations General Assembly held in New York saw 193 nations agree to seventeen Sustainable Development Goals (SDGs).Their objective was to establish a set of principles that up to 2030 will drive the development policy and programmes of governments and national and multilateral institutions everywhere.
In the last few weeks the European Commission (EC) has made available two discussion documents that will change Europe’s future relationship with the Caribbean and Latin America.
A little over a week ago the British parliamentarian, Sir Eric Pickles – a cabinet member until May of this year and a former Chairman of the Conservative Party – told the London Guardian that the British Prime Minister, David Cameron, was determined to have the BVI and the Cayman Islands adopt public registers of beneficial ownership either “through legislation, guidance or naked pressure”.
In a matter of days the European Commission will launch a communication (policy paper) on the options for post-Cotonou arrangements with the ACP, the grouping that brings together 79 African, Caribbean and Pacific nations.
The Caribbean has just eighteen congressional working days from Sunday September 20 to try to have the US Congress or the District of Colombia address an act naming seventeen Caribbean nations as ‘tax havens’.
A few days ago in London, the Bahamas Prime Minister, Perry Christie, told a meeting organised by Caribbean Export that the region needed a new formula to maximise investment.