Port of Spain of the Caribbean, exporting both agricultural products and manufactured goods. Bauxite from Guyana is trans-shipped via facilities at Chaguaramas, about west of the city. The pre-lenten Carnival is the city's main annual cultural festival and tourist attraction. Today, Port of Spain is a leading city in the Caribbean region. Trinidad and Tobago hosted the Fifth Summit of the Americas in 2009 whose guests included US President Barack Obama and US Secretary of State Hillary Clinton. Port of Spain is also home to the biggest and most successful stock exchange in the Caribbean, the Trinidad and Tobago Stock Exchange (TTSE). The
Port of Spain and San Fernando, Port of Spain has a cool climate due to elevation and the surrounding Northern Range mountains. In the high, misty valleys and mountains that surround the northern outskirts of the city, temperature inversion is quite frequent and the mountains provide a cooling relief from the sweltering heat below. Blue Basin falls, a popular attraction, is located north in Diego Martin. This is the closest waterfall and is invigorating and refreshing. Immediately north and northwest of Port of Spain lie the suburbs of Cascade, St. Ann's, Maraval and Diego Martin. The last two districts fall outside the municipal