Dominica Passport | Caribbean Recipes | Dominica Photos | Classified Ads | Search Jobs | Advertise here!

Experience Dominica – The Nature Island: Dominica Vacations | Exotic Vacations | Honeymoon Destination

Dominica weekly is a personal weblog about the nature island of Dominica.

Archive for September, 2008


How significant that the United States has inflicted itself with a financial wound so grotesque and debilitating that it will never fully recover. With big numbers get thrown around like they are nothing these days—a $140 billion tax refund here, an $85 billion bailout there. America must be one rich country. But America is not rich. It’s broke!

This US financial fallout will seriously affected financial markets around the worldwide and there will almost certainly be a trickle down effect on the already weak Dominican economy and throughout the Caribbean.

This will have negative implications on countries like Dominica – whose tourism and agriculture are linked to the fortunes of developed nations. Tourism is dependent of the volume of tourists and their spending power. Agriculture on the other hand is linked to trade agreement based largely on the interests of developed economies.

It is time we stop and evaluate this likely impact on Dominica and plan a way forward that is in the best interest for Dominica. It is obvious that the sustenance of the Banana industry is handing on by a threat and Tourism is struggling under the effects of high energy prices and airline travel.

Dominica needs to seek greater economies of scale, like the organization of Eastern Caribbean states (OECS) and the CARICOM Single Market and Economy (CSME). In this context, it is in Dominica’s best interests to move quickly and path any conflict-ridden movements affecting the CSME or the OECS.

The only cushion to this trickle down effect would be the degree of unity among the Caribbean countries, and Dominica should run to the front of the line to enhance and sustain its economy.

Your Opinion: What do you think Dominica should do to curb this U.S. financial fallout?

Share this Dominica article with your friends:

Facebook Twitter Google Buzz Google Bookmarks Digg Reddit delicious Technorati Slashdot Yahoo My Web

Tagged with: , , , , ,

Related Post

photo of rainbow island A spectacular view of a rainbow from my apartment window in Morne Daniel.

Your Dominica morning news roundup for Monday September 29th 2008:

Dominica and French in turmoil, it appears that some French fishermen boats were seized by local authorities after they were found to have been on Dominican waters. That resulted in some angry French nationals threatening to take action against Dominica.

Dominica Festivals Committee has entered into an arrangement with the Solid Waste Management Corporation for proper garbage disposal throughout the staging of the World Creole Music Festival over the years. We can only wait and see how this works out – I wouldn’t hold me breathe. 🙂

New Pointe Michel Village Council on mission to purge community of its societal ills, and is pleading for more camaraderie and community spirit among villagers. The council was able to engage with several corporate citizens, some of which have decided to assist with community projects.

A Billboard with Prime Minister Skerrit causes confusion at the Melville Hall Airport . Opposition leader Hon. Ron Green, expressed the view that the poster was not appropriate for welcoming visitors to the island during this 30th Anniversary Reunion Celebrations, in that it appeared to be Partisan and divisive. Ok Mr. Green we get the point – but it’s just a billboard… 🙂

Share this Dominica article with your friends:

Facebook Twitter Google Buzz Google Bookmarks Digg Reddit delicious Technorati Slashdot Yahoo My Web

Tagged with: , , , , , ,

Related Post

 Dominica independence opening celebration 2008

Did you guys had the opportunity to watch or listen live online to our nature island greatest independence opening show ever at the Windsor Park Stadium. Mann!!! That’s the first time have seen so many Dominicans coming together to celebrate one common cause – making Dominica’s 30 years of Independence grand opening ceremony one most amazing opening ceremony I have every seen! Dominicans definitely went all out for this Reunion Independence coming out party. They have set the bar so high that I can’t to see what will happen when it’s time to celebrate 40 years of Independence.

If you were unable to be at the Windsor Park Stadium to watch the opening ceremony, there should be an encore sometime tomorrow or next week by the local television networks. It’s definitely worth watching. If you reside out of Dominica, here are some of photos from the Independence opening ceremony. Enjoy!

photo of creole dancers at Dominica's reunion independence opening ceremony 2008

sisserou dance company dancers at the 2008 independence opening ceremony at the windsor park stadium

traditional carnival costume display at the 2008 independence opening ceremony

(more…)

Share this Dominica article with your friends:

Facebook Twitter Google Buzz Google Bookmarks Digg Reddit delicious Technorati Slashdot Yahoo My Web

Tagged with: , , , , , , , , ,

Related Post




Business Key Top Sites