Analysis, data & forecasts on every country across the region

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Caribbean

The Caribbean Monitor service provides subscribers with systematic political risk assessment, economic forecasts and business analysis across the Bahamas, Barbados, Belize, Bermuda, the Cayman Islands, Cuba, Dominican Republic, Guyana, Haiti, Jamaica, Puerto Rico, Suriname and Trinidad and Tobago as well as the smaller economies.

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Latest Stories

Cuba / Economy

As part of its first special development zone, Cuba plans to construct a new container-handling port in Mariel Bay. The hope is that the facility will be able to attract significant foreign businesses, in addition to benefitting from an increase in regional transhipment volumes once the Panama Canal expansion is completed in 2015. However, BMI would caution that the port will face... 2013-09-25


Economy

We expect that tourism industry growth throughout the Caribbean, traditionally a key driver of economic activity, will continue to slow in the years ahead, keeping real GDP growth relatively... 2013-09-03


Jamaica / Economy

Jamaica's foreign minister, Arnold Nicholson, has come under pressure in recent weeks after a speech in which he stated that the island's manufacturers should cease the ongoing quarrel... 2013-07-01


Country Risk Rating

Jamaica

Jamaica's foreign minister, Arnold Nicholson, has come under pressure in recent weeks after a speech in which he stated that the island's manufacturers should cease the ongoing quarrel... 2013-07-01


Guyana

The chargé d'affaires in the Turkish Ministry of Foreign Affairs met with Guyanese President Donald Ramotar in late June in an effort to foster deeper diplomatic ties between... 2013-07-01


Barbados

Mia Mottley, leader of the opposition Barbados Labour Party, has called for greater transparency in the ongoing investigations surrounding the Colonial Life Insurance Company (CLICO).... 2013-07-01


Puerto Rico

The Puerto Rican Senate passed a budget on June 24, which raises taxes across several sectors, in part to address the financing needs of the commonwealth's Highways and Transportation... 2013-07-01

Economy

We expect that tourism industry growth throughout the Caribbean, traditionally a key driver of economic activity, will continue to slow in the years ahead, keeping real GDP growth relatively... 2013-09-03


Jamaica

After bottoming in March at US$884mn, foreign reserves have bounced to US$989mn as of May 2013, bolstered by the first tranche of IMF funding. While this move was broadly in line with... 2013-07-01


Barbados

Barbados saw its goods exports fall to US$45.0mn in April, a 17.1% year-on-year (y-o-y) contraction from April 2012. Sluggish global demand has hurt Barbadian exports in the first four... 2013-07-01


Guyana

Following a weakening of the Guyanese dollar's trading range, we adjusted our exchange rate forecasts to account for more depreciation this year, as we believed that poor trade dynamics... 2013-07-01

Political Risk

Cayman Islands

The upcoming legislative election in the Cayman Islands is likely to be hard fought, with three major political groups, including the party of former Premier McKeeva Bush who was ousted... 2013-04-29


Saint Kitts and Nevis

We believe that a recent parliamentary vote of no confidence in Saint Kitts and Nevis against Prime Minister Douglas Denzil paves the way for legislative elections, previously scheduled... 2013-04-25


Guyana

We maintain our cautious stance towards Guyana's political trajectory, as the current budget debate highlights the tensions between the country's legislative and executive branches.... 2013-04-17


Turks and Caicos Islands

We believe that unified opposition to British-backed fiscal reforms threatens to undermine the fragile political consensus that has built up between Turks and Caicos and the British-appointed... 2013-03-28