Can the Caribbean Tourism Industry Withstand Covid-19?
How and to what extent will the Covid-19 pandemic hurt the Caribbean’s tourism sector?
How and to what extent will the Covid-19 pandemic hurt the Caribbean’s tourism sector?
Caribbean islands are in many ways ideal markets for electric vehicles, and several Caribbean jurisdictions have made significant advances in promoting electric mobility. Examining five case studies—Barbados, Bermuda, Cayman Islands, Jamaica, and the Dominican Republic—this report identifies the key challenges and recommends actions that Caribbean governments and other stakeholders can take to stimulate EV adoption.
Electric mobility is gaining ground globally as technology costs fall, awareness is improved, and policies are increasingly aligned with environmental goals. Caribbean nations are well positioned to reap the benefits of electric mobility, concluded panelists at an event hosted by the Inter-American Dialogue and New Energy Events, in collaboration with the Inter-American Development Bank and the Organization of American States.
De-risking – which involves the cancellation of correspondent relationships by large international banks – has slowed on a global level, However, the threat remains in the Latin America and Caribbean region.
China’s economic outreach in LAC has eroded Taiwan’s diplomatic presence in the region, but mixed investment results and divided public reception will complicate China’s attempts to cultivate new relations.
What are the top factors driving Cuba’s economy, and how will they perform in the year ahead?
Energy continues to be a bright spot in the US-Latin America relationship and new developments, like an uptick in US LNG exports, offer opportunities to increase energy security and cooperation across the Western Hemisphere.
Latin America faces many challenges in developing its energy resources and providing clean, affordable and reliable energy. With presidential elections in Brazil, Mexico and Colombia next year, there is considerable uncertainty about future energy policy, as potential candidates in these countries have presented widely varying energy and economic policy platforms.
President Donald Trump’s announcement on June 1 that the United States would withdraw from the Paris climate agreement was met with widespread dismay and fears that the decision would put the entire global agreement in peril.
On Tuesday, May 6th, the Inter-American Dialogue and the Inter-American Development Bank (IDB), hosted an event with Therese Turner Jones, Heather Sutton, Stacey Plaskett, and Richard Aborn. This event was the launch of the IDB’s new publication Restoring Paradise in the Caribbean: Combatting Violence with Numbers. The speakers focused on crime and violence, the region’s greatest challenge.
While the Trump administration’s “America first” policies are aimed primarily at giving higher priority to national security and economic growth for the United States, the White House’s approach will have impacts on energy relations with the rest of the hemisphere that should also be considered.