Search Result for: bond

218 results found.

Major Crimes Drop in Jamaica

Above: Kingston (CJ Photo) By the Caribbean Journal staff The number of serious and violent crimes in Jamaica fell by 11 percent in the first six months of 2013, according to data released by the government. The murder rate was […]

The Caribbean’s Greatest Challenge

By Zhivargo Laing CJ Contributor WE FACE many challenges in the Caribbean, but we need to pay special attention to the region’s most serious challenge – employment. Many thousands of our people are unemployed. Thousands more are under-employed. And many […]

Venezuela’s Maduro, St Vincent’s Gonsalves Head to Cuba

Above: Venezuela President Nicolas Maduro By the Caribbean Journal staff Venezuela President Nicolas Maduro and St Vincent and the Grenadines Prime Minister Dr Ralph Gonsalves arrived in Cuba Thursday for a brief visit. Dominica Prime Minister Roosevelt Skerrit and St […]

Rum Journal: John Watling’s — a New Rum From the Bahamas

THE BAHAMAS was one of the centres of rum running during prohibition — and often a drinking destination in its own right during the same period. And rum has always been the most popular drink in the 700-island archipelago. But […]

The Caribbean’s Best Hotel Villas – 2013

What does villa mean? In its basic sense, it means a place to live. And on vacation, it means something more than just a hotel room — your home away from home. That means a villa can be a very […]

Rum Journal: The Perfect Jamaican Cocktail, Island Outpost Style

Above: Goldeneye in Jamaica IF IAN FLEMING had concocted a rum punch, this would have been it. The Goldeneye Punch is equal parts James Bond, Chris Blackwell and Jamaica. Goldeneye, the estate on Jamaica’s Oracabessa Bay where Fleming created James […]

Arizona Diamondbacks Officials Meet With Dominican Republic President

Above: Derrick Hall and Danilo Medina By the Caribbean Journal staff A group of executives from Major League Baseball’s Arizona Diamondbacks met Tuesday with Dominican Republic President Danilo Medina in Santo Domingo. The group, led by Diamondbacks President Derrick Hall, […]

Is Trinidad the Capital of the Caribbean?

By Michael W Edghill CJ Contributor On Tuesday, United States Vice President Joe Biden met with CARICOM leaders in Port of Spain as part of a regional tour with scheduled stops in Colombia and Brazil. Perhaps even more intriguing is […]

Moody’s Upgrades Belize Credit Rating, Warns of “Debt Overhang”

Above: Parliament in Belmopan By the Caribbean Journal staff New York-based Moody’s has upgraded the credit rating on Belize’s government bonds, the firm announced Monday. The rating has been lifted to Caa2 from Ca, with a “stable” outlook. The move […]

Caribbean Room With a View: Ian Fleming’s Villa at Goldeneye in Jamaica

Above: the view at Fleming Beach THIS DESK was where James Bond began. At this desk, Ian Fleming wrote all 14 of the novels about the world’s most famous spy. Today, the grounds of the 22-room Goldeneye (which proved the […]

Forbes: Online Media and National Identity in Jamaica

By Marcia Forbes, PhD CJ Contributor The Northern Caribbean University – A Seventh-day Adventist Institution Reaching Out Recently the Northern Caribbean University invited me to serve as Keynote Speaker for the annual conference hosted by its Department of Communication Studies. […]

Op-Ed: China and the Caribbean

By Erik Neff Op-Ed Contributor IT HAS BEEN NO SECRET that China has taken a strategic economic interest in the Caribbean region. China’s intention to expand its financial influence has been crystal clear — it is seeking new political alliances […]

The Caribbean’s Top 10 Hotel Bars – 2013

Above: Yara Bar at the Amanyara Turks and Caicos (Photo: Aman Resorts) WE KNOW the Caribbean has the world’s best beach bars, but it’s also home to some exceptional hotel bars — some are well-known, and others are well-kept secrets. […]

Haiti Prime Minister Laurent Lamothe Returns from Caribbean Tour

Above: Haiti Prime Minister Laurent Lamothe By the Caribbean Journal staff Haiti Prime Minister Laurent Lamothe returned from his Caribbean tour this week, following visits to Aruba and Turks and Caicos. The PM said the tour “helped strengthen the bonds […]

The Caribbean’s Top 10 Snorkeling Destinations for 2013

IT’S ONE OF THE Caribbean’s most popular pastimes – snorkeling. And, thankfully, there are more than enough terrific snorkeling destinations to go around. While these lists always lead to difficult choices, we present to you Caribbean Journal’s inaugural Snorkeling List […]

S&P Downgrades Grenada Credit Rating

Above: Grenada (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has lowered its foreign and local currency sovereign credit ratings on Grenada to “SD” from “CCC+/C,” citing the announcement that the country would not pay its coupon due […]

Grenada Plans to Restructure Debt

Above: Grenada (CJ Photo) By the Caribbean Journal staff Grenada’s government will undertake a “comprehensive and collaborative restructuring of its public debt, it announced this weekend. The government said “circumstances have forced” the move, which will include its US and […]

Standard & Poor’s Raises Jamaica Credit Rating After Debt Exchange

Above: Kingston (CJ Photo) By the Caribbean Journal staff Following a similar move by Fitch last week, Standard & Poor’s has raised Jamaica’s foreign and local currency sovereign credit ratings to “CCC+” and out of default. The move came after […]

Fitch Raises Jamaica’s Sovereign Rating, Citing Debt Exchange

Above: Kingston (CJ Photo) By the Caribbean Journal staff Fitch has raised Jamaica’s local and foreign currency default ratings to “CCC” from “RD,” the New York-based firm announced Friday. The “CCC” rating implies that default is a “real possibility,” however. […]

The Best Rum Cake in the Bahamas

By Sarah Greaves-Gabbadon I THOUGHT THE SWIMMING PIGS would be the highlight of the day. Boy, was I wrong. I was on a day trip in the Exumas, the 365-island Bahamas archipelago famous for crystal clear waters, talcum sand and […]

Op-Ed: What’s Wrong With Jamaica’s International Monetary Fund Deal

By Kent Gammon Op-Ed Contributor JAMAICA JOINED the International Monetary Fund (IMF) in 1963. At that time, Jamaica had positive international net reserves of US$115.8 million falling by 1976 to negative net international reserves of $435.5 million. In 1976, Jamaica […]

Standard & Poor’s, Fitch Downgrade Jamaica Credit Rating

Above: Kingston (CJ Photo) By the Caribbean Journal staff Standard & Poor’s and Fitch have each downgraded Jamaica’s sovereign credit rating following the country’s announcement of a debt exchange offer on Monday night. The moves came after Jamaica announced a […]

Jamaica “Finalizing” IMF Agreement, Plans Debt Exchange Offer

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica is now “finalizing” a new agreement with the International Monetary Fund, along with a debt exchange offer to be made Tuesday, Prime Minister Portia Simpson Miller said in a national […]

Stuart: Barbados, US in “High-Level” Talks on Rum Subsidies

Above: the Mount Gay Distillery in Barbados (CJ Photo) By the Caribbean Journal staff Barbados, other CARICOM states and the Dominican Republic are currently engaged in “high-level” talks with United States officials on the issue of rum subsidies, according to […]

The CJ Cool List – the Caribbean’s 10 Coolest Hotels for 2013

The Caribbean is not short on terrific hotels. Every island — every destination — has a range of interesting, original, luxurious properties sure to satisfy any traveler to the region. But this year, we wanted to offer our take on 10 […]

Haiti Opens New United States-Funded Bridge Over Millet Ravine

Above: the new bridge in Freres By the Caribbean Journal staff Haiti has inaugurated the new Millet bridge on the Route de Freres funded by the United States Agency for International Development. The opening ceremony in Freres this week was […]

Barbados Finance Minister: Moody’s Downgrade “No Surprise”

Above: Parliament in Bridgetown (CJ Photo) By the Caribbean Journal staff Moody’s Investors Service’s recent downgrade of Barbados’ debt to junk status was “no surprise” to the country’s Ministry of Finance, Minister Chris Sinckler said in a statement. Sinckler said […]

Op-Ed: Jamaica and Wall Street

By David Rowe Op-Ed Contributor THE FACT THAT Barbados’ government bonds have been downgraded to junk status was not a good development for the reputation of the Commonwealth Caribbean in international financial markets. Both Moody’s and Standard and Poors now […]

Rum Journal: From Jamaica, a Legendary Brand Grows Up