In a landmark move to enhance disaster resilience and alleviate debt burdens, the Inter-American Development Bank (IDB), CAF – Development Bank of Latin America and the Caribbean, and the Caribbean Development Bank (CDB) have unveiled the Caribbean Multi-Guarantor Debt-for-Resilience Joint Initiative. Announced during COP30, this regional program aims to leverage guarantees from multilateral development banks (MDBs) and private sector partners to create fiscal space for Caribbean nations, enabling investments in resilience measures without escalating debt levels. The initiative focuses on three core objectives: scaling up debt-for-resilience swaps, strengthening coordination among MDBs, governments, and private sector partners, and improving transparency and monitoring standards to attract further investment. A dedicated facility under a Framework Agreement will be established to coordinate guarantors in debt-for-resilience swap transactions, ensuring alignment with national development priorities and sovereign debt management strategies. The initiative also plans to develop common principles for guarantee terms, shared taxonomies, and key performance indicators (KPIs) for resilience investments, aligned with global benchmarks. By simplifying multi-guarantor debt swaps, the program aims to attract new guarantors, reduce costs, and accelerate execution. Each transaction will include a regional public-goods component to bolster collective resilience across the Caribbean. The IDB, CAF, and CDB, with their extensive experience in sustainable development and regional integration, are well-positioned to drive this transformative initiative.
分类: business
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Carnival Cruise Line will be offering longer trips to the Dominican Republic.
Carnival Cruise Line has unveiled a strategic redeployment of its fleet for the 2027-28 season, responding to unprecedented consumer demand by introducing extended Caribbean itineraries and optimizing vessel assignments across key homeports. The comprehensive restructuring will position four ships from Galveston, Texas, beginning November 2027, offering voyages ranging from four to ten days throughout the Caribbean basin.
The revised deployment strategy features distinct itinerary patterns based on duration. Shorter cruises will focus primarily on Mexican destinations including Cozumel and Progreso, while extended voyages will encompass an expansive array of ports across multiple nations. These longer journeys will include calls at Belize, Grand Turk, Amber Cove in the Dominican Republic, Limón in Costa Rica, Colón in Panama, Roatán, Grand Cayman, and Montego Bay, Jamaica, alongside Carnival’s private destinations of Celebration Key and Half Moon Cay.
Notable itinerary innovations include Carnival Sunshine’s introduction of eight new cruises featuring a specialized 10-day circuit visiting Cozumel, Isla Tropicale, Montego Bay, and Grand Cayman. Simultaneously, Carnival Spirit will operate from Tampa, Florida, offering six to eight-day voyages to Belize, Grand Cayman, Ocho Rios in Jamaica, and Mexican ports. The Spirit will additionally deploy six eight-day Panama Canal itineraries visiting Limón, Grand Cayman, and Colón, culminating in an exceptional 13-day Carnival Journeys cruise on January 30, 2028, with extended port calls in Grand Cayman, Limón, Colón, Aruba, Curaçao, and Ocho Rios.
A significant vessel reassignment will see Carnival Sunshine, with its 3,000-passenger capacity, repositioned to Galveston instead of Carnival Spirit, which will transition to Tampa operations. This capacity enhancement strategically addresses growing demand from the Texas market while enabling the introduction of novel longer-duration Caribbean voyages from Florida.
Christine Duffy, President of Carnival Cruise Line, emphasized the consumer-driven nature of these changes: ‘This strategic redeployment allows us to serve increased guest demand in Galveston while simultaneously introducing new, extended Caribbean itineraries for travelers departing from Tampa.’ The comprehensive fleet optimization demonstrates Carnival’s commitment to matching vessel capacity with market demand while expanding destination options for Caribbean-bound travelers.
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It all depends on the color… Subtracting from the positive signs of the Dominican Republic’s economy
The Dominican Republic faces a complex economic landscape as the International Monetary Fund (IMF) emphasizes the urgent need for fiscal and structural reforms. While the country has demonstrated resilience in navigating a turbulent global environment, concerns persist over stagnant incomes, chronic budgetary deficits, and rising public debt. The IMF has called for immediate action to address these issues, particularly in the electricity sector, where subsidies are escalating while revenue from energy supply declines. Economist Rosa Cañete Alonso echoed these concerns, warning that the nation is trapped in a cycle of stagnant revenues and rigid spending, prioritizing debt repayment over future investments. Despite these challenges, the Central Bank of the Dominican Republic highlighted positive developments, noting sustained economic growth and a 3% increase in Foreign Direct Investment (FDI) in 2024, contrasting with an 11% global decline. The Central Bank emphasized the country’s ability to cover its current account deficit and strengthen its regional economic position. However, the opposition has criticized the government, accusing it of economic mismanagement and deteriorating public services. Columnist José Luis Taveras urged the opposition to move beyond unconstructive criticism and propose viable solutions. As the Dominican Republic balances optimism with pressing reforms, the path to sustained economic stability remains a critical focus.
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High demand from Argentinians to Puerto Plata “surprises” Wyndham
Viva Resorts by Wyndham is experiencing unprecedented demand from Argentine travelers, driven by new air connectivity and a strategic shift in tourist preferences. Viviana Cuomo, Regional Sales Manager for South America, revealed these developments during the Tourism Marketing Meeting (ECTU) at the Marriott Hotel in Buenos Aires.
Cuomo reported exceptional performance across the group’s Dominican properties, particularly highlighting the Viva Tangerine and Viva Heavens resorts in Puerto Plata. These northern region hotels have become standout choices for the upcoming season, benefiting significantly from Copa Airlines’ expanded flight routes from Córdoba, Rosario, and Mendoza.
The executive identified three key factors driving Argentine interest: competitive pricing, sargassum-free beaches, and diverse cultural experiences beyond traditional resort offerings. Puerto Plata’s comprehensive package—including Tobacco and Rum Circuit tours, Cocoa excursions, key island visits, dolphin water parks, and rich historical attractions—resonates strongly with modern travelers seeking authentic experiences.
Financially, Puerto Plata presents a compelling value proposition with packages starting at $1,700-1,800 during peak season, positioning it favorably against both Punta Cana and Brazilian alternatives. Meanwhile, Viva Miches has completed its first year of operation with remarkably positive market reception, further strengthening the brand’s regional footprint.
This surge in Argentine visitors represents a significant market transformation, with travelers increasingly prioritizing new destinations, seaweed-free beaches, and differentiated experiences that combine recreational and cultural elements.






