The massive investment in Baha Mar has made it too big to fail for The Bahamas. Its recent Chapter 11 bankruptcy filing is now impacting the Bahamian Government, national sovereignty, and the Bahamas’ relations with China
New letters from US Members of Congress question austerity policies in Jamaica and Greece that have resulted in unsustainable debt burdens
In his remarks during the handover of the CARICOM chair to Barbados, Bahamas Prime Minister beseeched Caribbean leaders to elevate the tourism industry to reap its economic benefits for the region
A common market in the Caribbean Community (CARICOM) countries would lead to a substantial rise in regional exports
World trade is increasingly no longer dominated by the US or by the US dollar. The currency link to the US dollar brings no benefit other than for exports and imports to and from the US.
Smaller countries without abundant natural resources have had to become more creative in their efforts to attract investment. CIPs are one such scheme.