Search Result for: balance

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S&P Explains Bahamas Downgrade

Above: downtown Nassau (Photo: CJ) By Alexander Britell On Monday, ratings firm Standard & Poor’s announced it had lowered the Bahamas’ sovereign credit rating from BBB+/A-2 to BBB/A-3, citing a heavier weight its new sovereign credit rating criteria places on […]

S&P Lowers Bahamas Sovereign Rating

By the Caribbean Journal staff Standard & Poor’s today lowered the Bahamas’ sovereign credit rating from BBB+/A-2 to BBB/A-3, calling the country’s outlook “stable.” The ratings agency cited economic vulnerabilities given a dependence on tourism and on the US market, […]

Elijah Bowe Talks Elite Bahamian Cuisine

By Alexander Britell Simply put, Nassau’s Graycliff is one of the elite restaurants in the Caribbean, and a unique culinary experience — indeed, it was the first five-star restaurant in the region. At its helm is Executive Chef and Grand […]

Interview with Clinton Bush Haiti Fund CEO Gary Edson

Above: Employees at an atelier in Port-au-Prince (Photo: CBHF) By Alexander Britell Soon after the devastating earthquake in Haiti, former US Presidents Bill Clinton and George W Bush, at the behest of President Barack Obama, founded a fund aimed at […]

Disabled in a Handicapped Country

By James English All photos by James English PORT-AU-PRINCE, Haiti – Sainte Marie is a neighborhood located on the side of a steep hill in southern Port-au-Prince. The area was heavily damaged during the earthquake of January 12, 2010, and […]

St Kitts and Nevis Delegation Concludes High-Level Talks in Israel

By the Caribbean Journal staff St Kitts and Nevis Works Minister Dr Asim Martin has concluded a three-person delegation in Israel for high-level talks. Dr Martin participated in talks with President Shimon Peres, Prime Minister Benjamin Netanyahu and Foreign Minister […]

LaRocque: Food Key to Development

By the Caribbean Journal staff Soaring food prices are a reminder of the level of attention which the Caribbean needs to pay to food security and production, CARICOM Secretary General Irwin LaRocque told CARICOM View this month. Nutrition was especially […]

Guyana, Brazil Strengthen Relations

Above: Brazilian Foreign Minister Ambassador Antonio Patriota and Guyanese Foreign Minister Carolyn Rodrigues-Birkett (GIA Photo) Guyana and Brazil are strengthening relations on several fronts, highlighted by a Sports Cooperation Agreement that will develop sports competitions and share experience in sports […]

IMF: St Kitts and Nevis Showing Recovery

Above: St Kitts viewed from Nevis (CJ Photo) By the Caribbean Journal staff The International Monetary Fund has approved a three-year Stand-By Arrangement for $84.5 million with St Kitts and Nevis, in a bid to support the federation’s economic program […]

Examining the Caribbean Region’s Historical Connections to Latin America

Above: Jamaican High Commissioner to the United Kingdom, Anthony Johnson (standing), delivers a lecture on: ‘Historic Relations between Jamaica and the English-speaking Caribbean and Latin America’, at Canning House, in London, on July 19. Director General of Canning House, Dr […]

Interview with Former Bermuda Premier Sir David Gibbons

By Alexander Britell Sir David Gibbons KBE is the former Premier of Bermuda. He led the United Bermuda Party government for 5 years from 1977 to 1982, in addition to having served as finance minister and Member of Parliament. Gibbons […]

Unfinished Anguilla Resort Sells for $15M

The still-unfinished 280-acre Temenos resort on Anguilla was purchased by an American home-goods executive for $15 million. Leandro Rizzuto, who owns the nearby CuisinArt Resort & Spa on the island, paid around 10 percent of the balance owed to the […]

International Monetary Fund: Caribbean Real GDP to Grow 4.2 percent in 2011

The Caribbean region’s real GDP is projected to grow at 4.2 percent this year, following a 3.4 percent increase in 2010, according to the International Monetary Fund’s World Economic Outlook. The organization predicted a 7.2 percent in consumer prices for […]

Interview with Damien Cave, the New York Times’ Caribbean Correspondent

Damien Cave covers Mexico, Central America and the Caribbean for the New York Times based out of Mexico City. Cave has told the stories of some of the world’s most challenging events, from the war in Iraq to the earthquake […]

Jamaicans Still Buying into Financial Schemes

Jamaica’s FSC Senior Management Team Jamaica has been home to the high-profile OLINT issue, what some have dubbed the Caribbean’s version of the Bernard Madoff controversy. But according to the Jamaican Financial Services Commission, there are 64 unregulated investment schemes […]

A.R. Carnegie, 74, Caribbean Legal Legend

A Caribbean Journal Editorial He was never a judge, never a Queen’s Counsel. His robes were never silk. But A. Ralph Carnegie was a Caribbean John Marshall if there ever was one. Ralph Carnegie, A.R. in scholarly texts, passed away […]

A New Way to Fly to Abaco in The Bahamas