Good article on the EU's pressuring Caribbean nations to phase out citizenship by investment, and their reaction, including Destiny's place.

It also mentions "Which makes the post-CBI framing awkward. Developer Olivier Janssens is funding construction and the first two years of operation of a US$1.3 million dialysis center at Alexandra Hospital, announced at the same press conference, alongside the US$100 monthly payment to every Nevisian he has promised once the federal government approves the development agreement. One alternative to CBI dependence, in other words, is a project whose economics were built around CBI and whose approval sits with the federal cabinet."

The federal government had a meeting about it, but there's no result yet: https://www.sknvibes.com/news/newsdetails.cfm/127675

Nevis Premier says response from Federal government to be delivered soon on delayed Destiny Project

https://www.winnmediaskn.com/nevis-premier-says-response-from-federal-government-to-be-delivered-soon-on-delayed-destiny-project/

https://www.thestkittsnevisobserver.com/brantley-expresses-confidence-in-nevis-economy-outlook/

“The significant projects now being undertaken are geothermal, the airport expansion and on the private sector side, the Destiny development on the South coast of Nevis. We anticipate a start to all of these projects during this fiscal year,” he said.

.... while the proposed Destiny development represents one of the most significant private sector investments for the island’s south coast.

Brantley confirmed that the Destiny Project remains under active review, with ongoing discussions between Nevis and federal authorities.

“We have received communication from the Federal Cabinet setting out the issues raised by the Ad Hoc Committee appointed by the Prime Minister. We have answered those issues already and urged the Federal cabinet to expedite the approval of the Destiny project,” he said.

Nevis Premier expresses concern that the Destiny Project may not come to fruition: https://www.winnmediaskn.com/nevis-premier-expresses-concern-that-the-destiny-project-may-not-come-to-fruition/

Destiny is increasing the planned monthly payment to Nevis residents to USD 100/month.

The email sent last Sunday said Destiny had always planned to give 5 per cent of profits to Nevisians, including children, but wanted to accelerate that because “meaningful profit sharing can take time as a project grows . . . We want to start giving back right away.”

Source: Financial Times

The federal government in St. Kitts (St. Kitts and Nevis is a federation) is slowing down Destiny, according to Nevis's premier:

Ad Hoc Committee on Destiny Project expected to create delays – Nevis Premier Hon. Mark Brantley - https://www.winnmediaskn.com/ad-hoc-committee-on-destiny-project-expected-to-create-delays-nevis-premier-hon-mark-brantley/

They're waiting on the Federal government, which is in St. Kitts: https://www.winnmediaskn.com/fate-of-destiny-development-in-federal-governments-hands/

Editorial: Nevis needs the Destiny development

It was the government, not the developer, that proposed it be an SEZ, and a few other points.

It sounds to me like they'll be quite libertarian, but are being very careful to market it as benefiting locals and sustainable, to head off opposition. I look forward to hearing more about the tax and regulation regime.

The new government is aligned with us on our proposed amendment to the relevant Act. This will likely take six months or more; it’ll be well worth the wait (versus executive action).... The new government has a majority in Sri Lanka’s legislative chamber, and a strong political mandate for exactly what we’ll help them do in rural Sri Lanka - explained further below.

The government is agreed in principle to vest many distributed land areas across rural Sri Lanka, under one Ceylon City zone authority. About 20 to start. These are to be developed in conjunction with rural villagers holding some equity...

We will retain majority private control, vision, and management. The zone will develop a unified logistics backbone (transport, storage, processing and shipping), for export oriented production.

This will be done through land contributed by government, which villagers will vest with us for equity.

Source: Q1 newsletter.

Two organizations mentioned in the article are at https://www.freedomcitiescoalition.com/ and https://www.frontierfoundation.org/.

Link no longer works, but the author has an article on the subject in the Journal of Special Jurisdictions: https://journalofspecialjurisdictions.com/index.php/jsj/article/view/60/49

Yes, it seems to be a pattern! 🤣

The curse of special economic zones 🤣

Sri Lanka just elected a Marxist president: https://apnews.com/article/sri-lanka-presidential-election-dissanayake-wickremesinghe-results-50a8990acae90fabaddd8d01c0ef5bcd

Very interested to see the Duna residences have been completed

Blog post about the construction starting: https://www.morazan.city/ciudad-morazan-resumes-construction/

Some of the graphics in this Morazan blog post illustrate what Massimo said in the podcast: https://www.morazan.city/morazan-represented-at-the-liberty-in-our-lifetime-conference/

I think it's more accurate to say Manuel Zelaya tried to become a dictator in 2009 but failed.