Caribbean Issues Podcast

The Caribbean, a Theater of Conflict (Part 6)

November 2, 2025

Published by Caribbean IssuesEditorially reviewedCaribbean Economies and Economic Sovereignty

Key takeaway

Modern competition for Caribbean influence continues through finance, diplomacy, security partnerships and infrastructure rather than colonial rule alone.

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Primary topic
Caribbean Economies and Economic Sovereignty

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Oil, Debt, Drugs, Digital Domains and China's Belt and Road to the Caribbean

This episode is part of Caribbean Issues’ Caribbean-first coverage for listeners across the region and Caribbean diaspora communities worldwide.

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By the late 20th century, the Caribbean's conflict vectors had diversified beyond traditional military occupation. The region became a key corridor for cocaine trafficking from the Andean region, entangling islands in interdiction campaigns and criminal violence, oil wealth concentrated in Venezuela and offshore Guyana, tugged energy geopolitics into the basin. Meanwhile, debt crises and austerity battered small economies and hurricanes, amplified by a warming climate, repeatedly knocked societies off balance. Venezuela's Petro Carribe program, launched in 2005, offered Caribbean state's oil on concessionary financing, fostering political ties and soft power for Caracas during a period of high crude prices. When Venezuela's economy unraveled in the 2010s under the weight of U.S. sanctions, Petro Carribe's benefits diminished and recipient states scrambled to adjust. The episode showed how energy diplomacy could bind Caribbean choices and how quickly that leverage could evaporate. At the same time, China emerged as a consequential financier and builder, highways in Jamaica, port works and resorts in the Bahamas, airport expansions and stadiums across the ark and broader Belt and Road linkages. For small states facing infrastructure gaps, Chinese credit and construction had obvious appeal. For Washington, it signaled a creeping strategic rival's presence in its near abroad. The Caribbean, again, was a theater for great power competition, now with Beijing and the wings. This shift toward multipolarity represents perhaps the most significant change in Caribbean geopolitics since the Cold War. For the first time since American hegemony was established in the early 20th century, Caribbean nations have genuine alternatives to U.S. economic and political partnerships.

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Published and editorially reviewed by Caribbean Issues on November 2, 2025. The original episode page is the authoritative source for the audio, complete platform notes, and any subsequent corrections or updates.

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