List Headline Image
Updated by Douglas Johnson on Sep 15, 2017
Headline for What You Don't Know About the Caribbean
 REPORT
7 items   1 followers   0 votes   100 views

What You Don't Know About the Caribbean

Among the islands, the Caribbean is a diverse array of 28 countries and dependent territories. Cuba—the largest island geographically—is topical, but the entire region offers commercial breadth that may be under-appreciated by international observers.

Source: http://cranganore.com

1

Havana is Not the Largest City

Havana is Not the Largest City

The three largest cities in the Caribbean by population are Santo Domigo (Dominican Republic) at 3.7 million; San Juan (Puerto Rico) at 2.5 million; and Port-au-Prince (Haiti) at 2.5 million. Havana probably trails these metropolitan areas at near 2.1 million. For comparison, the Tampa, Florida metro area has a population of about 2.8 million. See wikipedia.org.

2

Resort Development is Risky Development

Resort Development is Risky Development

The five-hotel Baha Mar resort in Nassau is slated to be the largest such property in the Caribbean. But the developer filed for bankruptcy in June 2015, buying time to plug a $400 million funding gap. The Bahamian government is worried. The complex could see the national economy expand impressively once it is fully operational. See Reuters.

3

Where are the Danish West Indies?

Where are the Danish West Indies?

Washington purchased the US Virgin Islands from the Danish government in 1917 for $25 million. At the time, the US was looking to secure access to the Panama Canal. The islands' geographic location helped to ensure commercial and military dominance in the area, without the political uncertainty associated with Puerto Rico. See Danish National Archives.

4

Muslim Culture Thrives in Trinidad—and the Guiana Highlands

Muslim Culture Thrives in Trinidad—and the Guiana Highlands

Trinidad is considered to have the most vibrant and wealthy Muslim minority in the region at maybe 120,000 believers, but it is not a member of the multilateral Organization of Islamic Cooperation. Two perimeter nations are: Suriname and Guyana. The history of the Islamic faith throughout the region was initially tied to slavery. Watch CaribNation TV.

5

Diabetes is Major Public-Health Problem

Diabetes is Major Public-Health Problem

The Caribbean has some of the highest rates of diabetes prevalence in the world. The disease carries the heaviest burden for Aruba and the US Virgin Islands where 16% of the population are impacted. Other nations in the region follow close behind. Haiti is an outlier; it is the only nation with a single-digit prevalence rate—at 6%. See International Diabetes Federation.

6

Spice Islands are in West Indies, not East Indies

Spice Islands are in West Indies, not East Indies

Economic diversification is a major theme across Caribbean nations, with spice-related agrobusiness providing important opportunities. Grenada is the world's second largest producer of nutmeg and mace (behind Indonesia), Dominica is a major player in the bay-leaf trade, and Jamaica carries its own in allspice cultivation. See Cariform-EU Business Forum.

7

Equity Investors Drive Regional Stock-Exchange Development

Equity Investors Drive Regional Stock-Exchange Development

The largest bourse in the region is the Trinidad and Tobago Stock Exchange. It has a market capitalization of about $115 billion based on year-end 2014 data. If the entire TTSE was an independent company, it would rank about 35th in size among US corporations. The market has seven members which trade 31 stocks. It competes regionally with the Jamaica Stock Exchange. See Trinidad and Tobago Stock Exchange.

  • Listly By

    Investment banker and portfolio strategist. The Wall Street that I know works relentlessly for clients until they succeed. I forge opportunities with high-risk assets worldwide.

  • Tools