Caribbean
How Wall Street’s New ESG Money-Maker Promises Nature Conservation in Emerging Markets
Belize is home to a threatened coral reef and a mountain of sovereign debt. It’s become a test case for a new kind of finance that mixes debt relief and environmental protection
Superyachts Flock to the Caribbean for Lavish Year-End Parties
Despite a tumultuous 2022, Boat International reported earlier this month that 600 superyachts were sold this year for a total of 3.6 billion euros ($3.8 billion)
In Blackout-Prone Puerto Rico a Solar Microgrid Is a Small Town’s Lifeline
In the mountain community of Castañer, an electricity cooperative is working to make the power supply more resilient while lowering locals’ high energy costs
Latino Immigrants in US Are Stagnating in Social Mobility and Getting Poorer, MPI Says
More than nine million Latin American and Caribbean immigrants live in poverty, according to a study by the Migration Policy Institute (MPI)
US Bars Imports From Dominican Sugar Giant Over Forced Labor
The US is halting imports from one of the Dominican Republic’s largest sugar producers amid allegations the company uses forced labor
Dominican Republic, US Spar Over Extra Scrutiny of Black Travelers
The US is the Dominican Republic’s largest trading partner and US visitors have helped give the country one of the strongest post-pandemic tourism recoveries of anywhere in the world
Cuba’s Leader Goes to Russia and China as Its Economy Faces Energy Woes
The Caribbean island has been facing rolling blackouts for months as aging power plants have failed and fuel costs have soared amid higher international energy prices
Fintechs in Dominican Republic Set for Strong Growth, Seek to Create Regional Hub
Fintechs are behind the big strides in digitalization services being taken by the country’s banking sector
Sinking Islands Want To Turn Oceans Into Cash at COP27
Caribbean countries have emerged as innovators in climate finance this year, getting more creative and more direct in calls for compensation
Dominican Republic Seeks Fair Play for Young Ballplayers Eyeing MLB
Between January and June of this year, 398 Dominican baseball players were signed by MLB teams on contracts worth a total $73 million, but the Caribbean country is seeking to protect minors from potential exploitation