World Bank rivals raise new issues for the Caribbean

It is probably true to say that the average person has little idea what international financial institutions like the World Bank or International Monetary Fund (IMF) do, beyond knowing that they are in some way responsible for having governments impose tough austerity measures and conditions in return for their support.

The China-CELAC forum

Part 2   A few days ago, Dong Xiaojun, the Chinese Ambassador in Jamaica, wrote a commentary on the recent meetings held in Beijing between China and the Foreign Ministers of the Community of Latin American and Caribbean States (CELAC); the political grouping that includes all of the nations in the Americas other than the US and Canada, and the dependent territories The Ambassador made clear that for China the meeting on January 8 and 9 was “of milestone significance and profound influence.” It aimed, he wrote, to institutionalise overall co-operation and move the relationship to a higher level.

Time for a deeper engagement with Cuba

On December 8, the fifth Cuba-Caricom summit will take place In Havana. Cuba has made clear that it sees the encounter as opening what it describes as an unique space in the hemisphere at a time when the region is moving towards more fundamental integration within the Community of Latin American and Caribbean States (CELAC).

Thinking the unthinkable

Hardly anyone now questions the central importance of tourism to the Caribbean, the benefits it brings, or its long-term role in economic development.

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.