Machico, Madeira of Santana and west-southwest of Porto Santo in the extreme eastern portion of the island of Madeira. It is linked by road from Funchal (the regional capital), to the Santana and the villages of Ribeira Seca and Caniçal. To the existence of mountains on the western coast, it is sandwiched along the coast from the rest of the islands' settlements, while forests lie towards the interior and grasslands cover the north-eastern corner of the municipality. Geomorphologically, the municipality is dominated by steeped and inclined topography, except in the Machico valley (where slopes are gentle), formed by two mountain ranges: in
Economy of the Cayman Islands Economy of the Cayman Islands The economy of the Cayman Islands, a British overseas territory located in the western Caribbean Sea, is mainly fueled by the tourism sector and by the financial services sector, together representing 50–60 percent of the country's gross domestic product (GDP). The Cayman Islands Investment Bureau, a government agency, has been established with the mandate of promoting investment and economic development in the territory. The emergence of what are now considered the Cayman Islands' "twin pillars of economic development" (tourism and international finance) started in the 1950s with the introduction of modern transportation and telecommunications. From