A dramatic strike in the Caribbean Sea The United States Navy has made global headlines after launching a missile strike against a suspected Venezuelan drug-trafficking vessel operating in Caribbean waters. According to Washington, the target was a fast boat carrying 11 men, allegedly linked to the notorious Tren de Aragua …
Read More »The ongoing economic crisis in Venezuela: Oil, sanctions, and geopolitical tensions
Venezuela, a country with the largest proven oil reserves in the world, continues to face mounting economic and political challenges. Despite its vast natural resources, the nation struggles with declining oil production, international sanctions, and geopolitical tensions. This article provides an in-depth analysis of the current situation in Venezuela, focusing …
Read More »Defining a ‘tax hell’ in Latin America
The term “tax hell” is commonly used to characterise nations with exceptionally hostile tax environments for both individuals and businesses. These jurisdictions are typically marked by exorbitant tax rates, labyrinthine regulations, and inefficient tax administrations. According to the 1841 Foundation, several Latin American countries exemplify these conditions. Their assessment is …
Read More »Balancing act: Government and business – success stories and cautionary tales
Imagine two tightrope walkers, one tethered to the guiding pole of government control, the other dancing freely on the winds of laissez-faire. This is the precarious, thrilling balancing act between government and business, a dynamic relationship that has shaped the prosperity and poverty of nations throughout history. In this article, …
Read More »A tangled web: Unravelling the historical roots of the Venezuela-Guyana border dispute
Trinidad and Tobago, a cornerstone member of the Caribbean Community (CARICOM), finds itself in the unenviable position of seemingly prioritising economic gain over regional solidarity with Guyana, another CARICOM member locked in a Venezuela-Guyana border dispute spanning more than a century. In a move that ripples across the Caribbean, Trinidad …
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