THE STAR BUSINESSWEEK MAY 26, 2018
WWW.STLUCIASTAR.COM
THE DARK SIDE OF TOURISM:
MO’ PEOPLE MO’ PROBLEMS
As the Caribbean’s number one industry grows, so does the burden on infrastructure, the environment and precious resources BY CATHERINE MORRIS, STAR BUSINESSWEEK CORRESPONDENT
Visa cap stopped 6,000 key workers coming to UK in 4-month period Three and a half thousand scientists, engineers, health and technology specialists from outside the EU were refused UK employment visas between December and March, as government immigration restrictions on skilled workers intensified Page 3
Around 30 million people descended on the Caribbean last year, and just over a million of them came to Saint Lucia. They swam in the sea, lounged on beaches, sampled the local food, visited historic sites and contributed US$37bn to the region’s economy. Continued on page 4
Trump bans purchase of Venezuelan debt in new sanctions US President Donald Trump stepped up the financial pressure on Venezuela by banning the US purchase of any debts or accounts receivables owed to the socialist government and staterun oil company PDVSA, as Caracas turns to asset fire sales in order to raise desperately-needed cash Page 7