In the eve of the Managua summit which will focus on creating a new Economic Zone, Petrocaribe, the late Venezuelan president Hugo Chavez’s oil treaty, continues to play a vital role in the economic development of its 18 member states from the Central America and Caribbean region. But given the current political and economic climate in Venezuela, the question remains if Petrocaribe’s cheap oil is sustainable?
BBC Caribbean Service has made its final broadcast, ending seven decades of programming for the region. The service is being shut as part of budget cuts announced by the BBC World Service in January.