Therefore who will fill that space? Who would best be to fill that? And what I desire you to believe about, I am being a little bit jaded here. I think I would like to see an American company can be found in there and fill that void. average cost of timeshares How would you see that occurring and what would you advise? We will start with you, Ms. Yearwood. Ms. Yearwood. Thank you, Mr. Yoho. I think that the U.S. is well put to fill deep space on the occasion that Venezuela is no longer able to offer through the Petrocaribe program. I think the surplus natural gas, I believe the growth of clean and sustainable energy, the region is actually at a crossroads in regards to transitioning to tidy and renewable resource whether its solar or wind.
One of the problems, for instance, is OPEC has a large quantity of financial investment in the Caribbean in the energy area. But there are 2 concerns. The size of the markets in the smaller sized countries of the Caribbean do not always allow them to receive OPEC funding or truly have the ability to assemble an excellent bundle for OPEC funding, and the 2nd point is absence of expediency research studies (How to finance building a home). What is a finance charge on a credit card. OPEC doesn't how to sell a time share make grants and it doesn't do feasibility research studies therefore there is a great deal of legwork that needs to be carried out in order bring a few of this brand-new innovation into the area.
Yoho. Is there any personal partnerships, private-public collaborations or NGOs that you would advise that would be finest fit, you know, with the oil business and, you know, among our think tanks up here? Ms. Yearwood. I would recommend Eric. No. Mr. Yoho. You need to like that. Is that a segue you wish to-- Ms. Yearwood. No, I think there are a great deal of entities in the U.S. that are working on energy in the Caribbean. Mr. Yoho. Okay. And I guess my concern is we can't fret about what happened in the past over the last 20 or thirty years.
And I know our sensations are we don't want to tell you how to live, we simply wish to be good trading partners with you, but help end up being strong trading partners where we establish a financial base in your countries. And with the impact of China, all my life China was type of an adolescent, but in the last, say 10 years, I have seen them become the age of puberty and they have a great deal of money and they are beginning to feel the results of their testosterone. And we have actually seen that in the South China Sea, however we have seen the investments they have carried out in the Caribbean, you understand, in the Bahamas-- I believe it was $3 \ 1/2 \ billion-- and what they have performed in Panama and https://codyxuxz622.edublogs.org/2022/09/21/6-simple-techniques-for-what-can-you-do-with-a-degree-in-finance/ Honduras and all that.
See This Report on How Is Python Used In Finance
I just think there are better partners that we can have and I think that would originate from the good ol' U.S. of A. And so policies that you would assist direct us, you know, whether it is ag, energy, just product trade, what would you suggest, Mr. Farnsworth? Mr. Farnsworth. Well, Mr. Yoho, thank you for the question. And let me make a quick footnote on the China problem, initially, if I can. You understand, China's engagement in the Caribbean-- and Ambassador Bernal is the real specialist on this. I do not want to step on your toes. But it is different in the Caribbean than it is in South America, for example, where it is a lot more business, it is far more products based.
You still have the political competition with Taiwan in parts of the Caribbean and Central America, et cetera, et cetera, so we need to bear in mind that part of the element as well. In regards to the energy relationship, among the things we are gaining from the reforms in Mexico is it is not just oil and gas drilling, for example. Everybody focuses on that in the majors in the deepwater in the Gulf of Mexico and when is the next bid round and all that. But what it is even more impactful in Mexico is the power grid, the electricity, and when that secures free up the expense of electrical energy boils down which is really helpful for the customer.
Therefore if you can bring that expense down to the customer, first off, you have more disposable earnings to invest in other things, but likewise it ends up being a a lot more competitive business platform to start to produce and so that starts to bring investment, which right now is more limited due to the fact that again on the size of the economy. So if there is one element that could actually be concentrated on, you understand, it is not let's continue to import dirty diesel fuel and a few of the really dirty pollutants that Venezuela is supplying - What does ach stand for in finance. Let's help transform the Caribbean to a clean energy power grid that can be utilized much more efficiently that where the cost of electrical energy can come down and make the entire area a much more competitive productive platform which will assist their economies long term.
Mr. Yoho. And I value it. And I run out time, but I look forward to dealing with you in the future so that we can prepare legislation to assist reinforce the presence of America there, and I think everybody wins in that situation. And I yield back, Mr. Chairman. Mr. Duncan. Thank you. We are then signed up with by Ambassador Bernal. Thanks for coming. I am sorry about the DC traffic and most likely intensified by the DC heat. But we are going to proceed and acknowledge you for 5 minutes for an opening declaration. STATEMENT OF HIS EXCELLENCY RICHARD BERNAL, PRO-VICE CHANCELLOR FOR GLOBAL AFFAIRS, UNIVERSITY OF THE WEST INDIES IN JAMAICA Mr.
Getting The How To Calculate Beta In Finance To Work
Thank you, Mr. Chairman, my apologies for being late. I left my home at 3 o'clock a. m. today. I was going well up until the Falun Gong had a presentation on Constitution Opportunity. I will extremely quickly summarize my verbal declaration which is that I think this is an essential time for the U.S. to re- analyze its policy towards the Caribbean and to take a brand-new vibrant effort in the Caribbean; because, the Caribbean has been having an extremely difficult time considering that the international recession; a combination of long term structural institutional aspects along with some short-term cyclical aspects, such as oil rates.
and for Jamaica since the U.S. is the main and largest trading partner and primary source of financial investment and tourists. It is in the interest of the U.S. to have a thriving, peaceful, and democratic Caribbean. Because regard I concentrate on the economic problems, because I think the financial issues strike all the other concerns which are crucial such as governance, democracy, anti-narcotics projects. I have actually recognized 6 issues which I think need to be resolved. The first problem which I think needs to be attended to is the financial obligation circumstance. The Caribbean nations have actually ended up being a few of the most extremely indebted nations in the world.