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And when the OAS under a really bold secretary general, Luis Almagro, attempts to bring the institution toward recognizing that Venezuela is no longer in compliance with the Inter-American Democratic Charter, he is not getting the full support of the hemisphere, and certainly much of the Caribbean Basin has not accompanied that. And if you line up the votes, who voted in favor and who stayed away, you can do a pretty simple one for one https://www.trustpilot.com/review/timesharecancellations.com contrast based upon who is a member of Petrocaribe. Therefore the ramification of your question I think is area on, you know, which is why I believe when we speak about the Caribbean in Washington, frequently we think of it in the context of, you know, island nations or programs or social development, and all of these are very, very essential issues.

And the dividends pay off down the roadway when Venezuela itself remains in the spotlight of the international community. Then they have buddies that they can depend on and it pays dividends for them - What can i do with a degree in finance. So I believe that at the end of the day that is a lesson frankly that we can discover, and I believe we can develop towards reversing that course. Ms. Yearwood. I agree 100 percent with Eric. Venezuela stepped in at a time that was really essential for much of the region and now the area is quite paying the price, whether it is in financial obligation or other locations related to votes and other requirements that they do as an outcome of the-- Mr.

Increased costs in energy too now. Ms. Yearwood. Sorry? Mr. Sires. A boost in the cost of energy also. Ms. Yearwood. Oh, absolutely, definitely. Therefore I believe to the point, we are at a crucial point now with the cost of energy being what it is with the U.S. energy supply increasing and the region looking at ways to increase sustainable energy, whether it is through natural gas or getting the area less dependent on Petrocaribe and able what happens to timeshare when you die to make these switches to new types of energy is going to make a huge difference. Mr. Sires. See, I don't believe things occur by accident.

The other issue that I have is the considerable increase of China in this region. You know, we appear to be put to a lull of sleep or something since everybody seems to relocate and then we respond. And we do not seem to catch these things till something like this takes place, you understand, like Venezuela. So regrettably, you understand, because I have actually been here we have been pushing-- and I understand Mr. Meeks and the other members that are here, you understand, this is an essential region for us. It is a crucial area for America and we actually must concentrate.

They are going to go through the Panama Canal and they are available in and they throw money, you understand, at these small nations, which in reality they can't pay for not to accept the cash. So how much of impact is there now of the Chinese? And I understand it is growing, but-- Ms. Yearwood. The Chinese impact, it is really extremely interesting to see the method China has actually sort of come into the area and the kinds of tasks. Often it is a sports stadium - What does leverage mean in finance. I believe the recent, the Baha Mar ordeal in the Bahamas, you have seen the Chinese Federal government can be found in in a method that the U.S.

If a Chinese developer enters into a nation in the region they have the Chinese financing and the Chinese Government behind them. Mr. Sires. And the staff members. Ms. Yearwood. And the employees. Therefore you have efficiently got a package that the U.S how timeshare works - Which of these is the best description of personal finance. can not-- the Foreign Corrupt Practices Act and all sorts of other factors, the U.S. can not complete in terms of the kinds of financial investment that they are able to take in without kind of needing to do the due diligence behind it. And it is very welcome in a lot of places, however what Baha Mar has shown us is that it can create a really tough circumstance for the countries where they go.

Farnsworth. I think Sally raises a really interesting and crucial point in this context. Which of the following was eliminated as a result of 2002 campaign .... You understand, the Chinese or Venezuelan design is a state-led design, so the capital of the nation, the leaders in the nation can state this is what we are going to do. We are going to create Petrocaribe or we are going to develop a sports stadium or we are going to state that we are going to develop these projects, whereas the U.S. model is personal sector-led design. And the detach here is that we are handling smaller sized economies, island countries, and in contrast of other financial investment chances in other nations in Latin America, much less worldwide, these are economies that generally aren't going to draw that big investment other than in a couple sectors like tourist like we have been speaking about. What the onus has to be is to find methods to clear and establish a seamless financial space between the U.S. and the Caribbean so that private sector capital can work. There are chances. Lastly, I would say that the Caribbean is becoming a a lot more complex area due to the fact that of the modifications in policy toward Cuba, the cross-cutting trade contracts such as CAFTA, et cetera, and we have to consider the Caribbean now in a wider sense. In regard to Haiti, I think very essential is its ongoing combination with the English-speaking Caribbean, since these are well developed democracies and it is a financial area which holds opportunities for Haiti and there is now rather a lot of Caribbean investment going into Haiti and vice versa.

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