AGP Executive Report
Last update: 12 hours agoSargassum Crisis: Seaweed “suffocating” Caribbean and Gulf coastlines is back in force, with scientists reporting about 27 million metric tons in July and warning this year’s growth in the region is “not normal,” raising fresh pressure on tourism-dependent economies. Spirits & Trade: Campari is reshaping its portfolio, striking deals to offload Bisquit&Dubouché Cognac, Cabo Wabo Tequila and Martinique-based Bellonnie et Bourdillon Successeurs (rhum agricole brands), with deals expected to close by end-October and proceeds around €30m. Local Business Networks: CARICHAM (Caribbean Chambers of Commerce) elected Kiran Maharaj as new Chair, with Martinique Chamber’s Vanessa Victorin as Vice-Chair, aiming to push trade facilitation, advocacy and disaster-risk reduction. Insurance Gap Watch: A Lloyd’s-commissioned study highlights how hurricane-exposed communities in Jamaica, Barbados and Grenada often remain uninsured for key assets, leaving households and small operators to self-recover after losses. Regional Finance & Tax: CARICOM’s tax chiefs meet in Georgetown under a “smart, data-driven and AI-enabled” agenda to secure more resilient, home-grown revenue for the region. Maritime Logistics: St. Kitts and Nevis’ MV Equuleus Leader has delivered 38 imported vehicles to Basseterre, with port authorities urging customers to have documents ready to speed clearance.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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