A monster economic hurricane has suddenly stalled indefinitely over each of the Caribbean islands simultaneously.
Coronavirus deaths remain relatively low here — it’s not yet a pandemic hotspot — but financial fallout is potentially catastrophic due to the region’s reliance on tourism.
“Coronavirus has had a huge effect on the Caribbean. It’s not immune. It’s getting rocked, just like the rest of the world,” David Ross, CEO of South Florida-based CFL Agencies, told FreightWaves.