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Caribbean & Central America - October 2019
The search goes on in Suriname
On 15 August, the CEO of Suriname’s state-owned oil company Staatsolie, Rudolf Elias, pronounced that the company would make its first significant oil discovery within three weeks. He was wrong. The Kankantrie well proved dry. And after the disappointment at Kankantrie, Elias said: “The chance of success for Suriname and Staatsolie has never been greater. Partly because of the oil discoveries in Guyana. We are in the same basin with the same parent rock where the oil was made. The chance that we or one of our partners will find oil is simply very high.” That seems likely to be right, but it won’t be in time to help President Desi Bouterse or the ruling National Democratic Party (NDP) with its re-election bid in May 2020.
- Introduction
- Internal displacement in the Northern Triangle
- Guatemala’s child malnutrition epidemic hits hard
- AI will shake up Central America’s labour market
- Alvarado looks to private sector to improve Costa Rica’s infrastructure competitiveness
- Focus on building Caribbean hurricane resilience
- Strong Guyanese growth ahead of first oil, but political difficulties persist
- The search goes on in Suriname
- Venezuelan migration to the English-speaking Caribbean
- Russia courts Suriname
- Trinidad still at odds with the US
- Economic Highlights