Venezuelan civil unrest has implications for PetroCaribe

Across the Caribbean concern is being expressed about the implications of civil unrest in Venezuela and what this might mean for the long term future of PetroCaribe, the concessionary agreement which underpins most Caribbean economies through the supply of oil at concessionary prices on deferred terms.

Brave new world?

Each year since 1971 the powerful and influential of the world, the global super elite, have met in Davos in Switzerland to discuss the challenges facing the world economy.

Limiting air, maritime carbon emissions will affect Caribbean tourism

Two United Nations specialist agencies, the Inter-national Civil Aviation Authority (ICAO) and the international Maritime Organisation (IMO) may this year separately agree a basis on which all carriers by sea and air will limit their carbon emissions, reported in the case of aviation to be contributing around two per cent of global carbon emissions, and for maritime transport to be at over three per cent.

Caribbean needs to adapt its approach on UK air passenger duty

The View From Europe

Despite clear evidence that visitor arrivals into the Caribbean from Britain continue to decline – down by 9.6 per cent in 2011- the UK Treasury has chosen once again to ignore the representations made by Caribbean Governments about the economic damage caused by Air Passenger Duty (APD).

Prospects for near-term growth in Caribbean appear bleak

With the present Eurozone on the point of collapse, the world’s developed economies on the brink of a second recession, and a slowing in advanced developing economies such as China and Brazil, the prospects for near term growth in the Caribbean appear bleak.