The Cobre mine in Panama was once the world’s largest copper mine. Not anymore. In November, the Supreme Court voided a 20-year concession renewal that had just been awarded to Canada’s First Quantum Minerals. The project was responsible for as many as 8,000 jobs, while output amounted to about four percent of gross domestic product. […]
The war in Ukraine has jolted Colombia, at least economically. We are struck by news that Bogota is trying to accelerate coal output, as well as identify mining surpluses, to fill at-hand and oversized shortfalls in Europe, including Ukraine. Colombia is one of the world’s top-ten producers of coal. In recent years, the industry there […]
Florida is an epicenter of outbound remittances for the Caribbean Basin, large portions of which have now evaporated because of the collapse in the state economy. A challenge is the scope and reach of the informal sector. Undocumented workers are not eligible for state unemployment benefits or federal stimulus checks. As a result, relatives at […]
A case can be made that the dearth of activity by US hotel companies in Cuba is opening doors for other, non-US organizations. Spain-based Melia, for instance, now operates some 30 properties across the island; they may be looking to expand. But the real question is why any hotelier, regardless of their home flag, would […]
Cuba may seem like an international sideshow, but that view is one of ignorance, rather than wisdom. Americans, in particular, have long miscalculated the wherewithal of the Cuban regime. Consider one simple fact: The nation has managed to survive deftly in the face of stringent US sanctions. This book adds much needed complexion to the […]
Residents of the Bahamas and Cayman Islands may be quick to point out that the Venezuelan crisis is a distant concern, but the impact on the overall region may be menacing. These myriad islands are poorly-suited to absorb a major shock at a time when many economies are still suffering from the recovery costs of […]
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