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And when the OAS under a very courageous secretary basic, Luis Almagro, attempts to bring the institution towards 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 indeed much of the Caribbean Basin has actually not gone along with that. And if you line up the votes, who voted in favor and who stayed away, you can do a quite easy one for one contrast based on who is a member of Petrocaribe. And so the implication of your concern I believe is spot on, you know, which is why I think when we talk about the Caribbean in Washington, usually we think about it in the cancel my timeshare context of, you know, island nations or programs or social development, and all of these are really, very essential issues.

And the dividends pay off down the roadway when Venezuela itself is in the spotlight of the global community. Then they have pals that they can rely on and it pays dividends for them - How do you finance a car. So I think that at the end of the day that is a lesson frankly that we can discover, and I believe we can build towards reversing that course. Ms. Yearwood. I agree 100 percent with Eric. Venezuela actioned in at a time that was extremely important for much of the region and now the region is extremely much paying the cost, whether it owes money or other areas related to votes and other requirements that they do as an outcome of the-- Mr.

Increased expenses in energy too now. Ms. Yearwood. Sorry? Mr. Sires. A boost in the expense of energy likewise. Ms. Yearwood. Oh, definitely, absolutely. Therefore I believe to the point, we are at an essential juncture now with the cost of energy being what it is with the U.S. energy supply going up and the area looking at methods to increase sustainable energy, whether wesley financial group timeshare cancellation cost it is through gas or getting the area less depending on Petrocaribe and able to make these switches to brand-new kinds of energy is going to make a big distinction. Mr. Sires. See, I don't believe things take place by accident.

The other issue that I have is the considerable increase of China in this area. You understand, we seem to be put to a lull of sleep or something because everyone appears to move in and after that we respond. And we do not seem to catch these things until something like this takes place, you know, like Venezuela. So unfortunately, you understand, because I have actually been here we have actually been pushing-- and I understand Mr. Meeks and the other members that are here, you know, this is an important region for us. It is an essential region for America and we truly must concentrate.

They are going to go through the Panama Canal and they come in and they toss cash, you know, at these little countries, which in truth they can't afford not to accept the money. So how much of influence exists now of the Chinese? And I know it is growing, but-- Ms. Yearwood. The Chinese influence, it is actually very intriguing to see the method China has kind of come into the region and the kinds of jobs. Often it is a sports stadium - Which of the following can be described as involving direct finance. I believe the recent, the Baha Mar ordeal in the Bahamas, you have actually seen the Chinese Federal government can be found in in a method that the U.S.

If a Chinese designer comes into a nation in the area they have the Chinese funding and the Chinese Government behind them. Mr. Sires. And the staff members. Ms. Yearwood. And the employees. And so you have actually successfully got a package that the U.S - What is a cd in 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 have the ability to take in without type of needing to do the due diligence behind it. And it is really welcome in a great deal of places, however what Baha Mar has actually shown us is that it can create a very tight spot for the nations where they go.

Farnsworth. I believe Sally raises a really intriguing and essential point in this context. Which of the following was eliminated as a result of 2002 campaign finance reforms?. You understand, the Chinese or Venezuelan model is a state-led design, so the capital of the country, the leaders in the country can say 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 declare that we are going to develop these tasks, whereas the U.S. design is private sector-led model. And the disconnect here is that we are handling smaller economies, island nations, and in comparison of other financial investment chances in other nations in Latin America, much less worldwide, these are economies that usually aren't going to draw that cancel wyndham timeshare contract large investment except in a couple sectors like tourism like we have been speaking about. What the onus needs to be is to discover methods to clear and develop a seamless economic area in between the U.S. and the Caribbean so that economic sector capital can work. There are opportunities. Lastly, I would state that the Caribbean is ending up being a a lot more intricate area since of the modifications in policy toward Cuba, the cross-cutting trade contracts such as CAFTA, et cetera, and we need to consider the Caribbean now in a broader sense. In regard to Haiti, I believe really essential is its ongoing combination with the English-speaking Caribbean, due to the fact that these are well established democracies and it is a financial area which holds opportunities for Haiti and there is now quite a great deal of Caribbean investment going into Haiti and vice versa.




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