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Caribbean & Central America - October 2024

Introduction
The first piece in this October 2024 edition of the Latin American Regional Report: Caribbean & Central America begins with a look at the strained state of relations between Honduras and the US.... Read More
Central America
Strained relations between Honduras and Washington further deteriorated at the end of August, when President Xiomara Castro ordered the cancellation of a longstanding extradition treaty with the US.... Read More
On 12 August El Salvador’s President Nayib Bukele announced that Turkish firm Yilport will invest US$1.6bn as part of a deal to expand two ports in the country.... Read More
Panama’s President José Raúl Mulino is forging ahead with plans to overhaul the state social security system Caja de Seguro Social (CSS), which is running a huge deficit and providing poor service to patients.... Read More
In late August Panama’s President José Raúl Mulino hailed the first of a series of US-funded repatriation flights to deport illegal migrants who had entered the country via the Darién Gap – the lawless jungle border with Colombia, which is a key migration corridor to the US.... Read More
Andean countries (mainly Colombia, Peru, and Bolivia) have long held a global monopoly over coca cultivation.... Read More
Caribbean
The Dominican Republic’s President Luis Abinader was sworn in for a second term on 16 August following a thumping election victory, and has promised to use his mandate to push through significant reforms – not least proposed changes to the country’s constitution.... Read More
Suriname is launching the world’s first sovereign carbon credit issuance under rules set up by the 2015 Paris Agreement on climate change.... Read More
Guyana’s oil-and-gas fuelled economic boom is still in full swing, with first half GDP growth reaching a massive 49.7% compared to the same period last year.... Read More
At the beginning of August, Trinidad & Tobago’s Prime Minister Keith Rowley, leader of the People’s National Movement (PNM) government, received the report of the National Advisory Committee on Constitutional Reform, and a couple of weeks later the report was released to the public.... Read More
Economic Highlights
COSTA RICA | FDI up.... Read More

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