Search Result for: bond issue

32 results found.

United States Virgin Islands Raises $130 Million in Bond Issue

Above: the USVI By the Caribbean Journal staff The US Virgin Islands Public Finance Authority sold $146 million of Matching Fund Bonds last week, a bond issue that raised $130 million to fund the government’s operating costs for three fiscal […]

Puerto Rico Governor Approves New Issue of General Obligation Bonds

Above: San Juan (CJ Photo) By the Caribbean Journal staff Puerto Rico Governor Alejandro Garcia Padilla has signed legislation authorizing the issuance of new general obligation bonds. The bonds will be used to “refinance outstanding lines of credit and meet […]

Mental Health in Haiti: Freeing the Mind From Bondage

By Guerda Nicolas CJ Contributor IT IS BECOMING CLEARER to everyone that in order for individuals as well as groups of individuals to thrive that a good mental state is necessary. That became even more apparent to Haitians in Haiti […]

PM: Belize Set to Finalize Superbond Deal

Above: Parliament in Belmopan By the Caribbean Journal staff Belize will officially sign an agreement on the restructuring of its large commercial debt in the early part of this month, Prime Minister Dean Barrow said in his first national address […]

Grenada Government Says Coupon Payment Completed on 2025 Bond

By the Caribbean Journal staff Grenada’s government says it has made the September coupon payment on its $193 million bond due in 2025. The government had missed the payment earlier this month, leading to a downgrade of its foreign currency […]

Op-Ed: Why the Economy Is the Biggest Issue in Belize’s Elections

By Kay Menzies Op-Ed Contributor The voters of Belize will go to the polls next week to decide which party will form the next Government of Belize. Without a doubt, most voters will make their decisions based on, among other […]

The 15 Best Spa Resorts in the Caribbean

Resort spas have become almost as common as fitness centers on amenity lists, but while it’s simple enough to carve out some space for a few treatment rooms, there are some spas that offer a true “experience” to go along […]

The Best Caribbean Islands for Adventure

We love a lazy beach day as much as anyone else but we also recognize that there’s so much more to do in our favorite part of the world than just soaking up the sun and sipping a rummy cocktail. […]

How to Buy a Caribbean Passport

By Nuri Katz As globalization continues, increasing numbers of global high net worth individuals (HNWI) have sought out citizenship by investment opportunities, according to a recent report by the New World Health Organization. Citizenship-by-investment provides HNWI and their families the […]

How to Move to the Bahamas

It’s close to the US, it’s got a great tax infrastructure and, well, then there’s that water. It’s no surprise that the Bahamas is a popular vacation home market — but what about actually moving there? We continue our How […]

The Caribbean’s Best Business Hotels

You’re on the road, in town for an important meeting. There are a few things you simply must have — efficient service, a comfortable room, working Wi-Fi and a good location. Business travelers have their own set of demands, and […]

Op-Ed: World Bank VP Hasan Tuluy on a Balanced Path to Caribbean Prosperity

By Hasan Tuluy Op-Ed Contributor The recent High Level Caribbean Forum in Nassau was the latest in a series of discussions to develop a road map for the region’s long-term economic growth while addressing persistent debt and fiscal issues. A […]

Dominican Republic’s Medina Meets With Former Prime Minister of Spain

Above: the meeting Santo Domingo By the Caribbean Journal staff Dominican Republic President Danilo Medina hosted former Spanish Prime Minister Jose Luis Rodriguez Zapatero this week for a courtesy visit. Discussions with Zapatero focused on “various political issues and the […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

S&P Raises Grenada’s Foreign Currency Rating After Coupon Payment

Above: Grenada (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has raised Grenada’s foreign currency sovereign credit ratings on Grenada Tuesday after the country made a coupon payment it had earlier missed. The country’s rating has been raised […]

United States Virgin Islands Moves Ahead on Broadband Projects

Above: US Virgin Islands Governor John de Jongh (Photo: OG) By the Caribbean Journal staff The Virgin Islands Next Generation Network has awarded a series of contracts to local firms to begin the process of building the USVI’s broadband internet […]

St Kitts and Nevis Meets Performance Targets, But IMF Lowers Growth Outlook

Above: St Kitts (Photo: SKT) By the Caribbean Journal staff The International Monetary Fund has lowered its economic outlook for St Kitts and Nevis’ economy in 2012, with a projected growth of zero percent, although the country did meet all […]

Mexico’s Felipe Calderon, in Barbados, Forges Closer Ties With Caribbean

Above: Mexico President Felipe Calderon and Barbados Prime Minister Freundel Stuart (CJ Photo) By Alexander Britell BRIDGETOWN — Mexico is “a proudly Caribbean country,” even if it is not a formal part of CARICOM, President Felipe Calderon said Monday as […]

US Virgin Islands, Puerto Rico Delegates Seek to Extend Rum Cover Over

Above: USVI Delegate Donna Christesen and Puerto Rico Resident Commissioner Pedro Pierluisi By the Caribbean Journal staff US Virgin Islands Delegate to Congress Donna Christensen has introduced legislation to extend the rum cover over for two years from $10.50 per […]

Belize’s UDP Wins Narrow Re-election; Opposition Gains Eight Seats

Above: Prime Minister Dean Barrow (UN Photo/Eskinder Debebe) By Alexander Britell Belize’s ruling United Democratic Party has won the country’s general elections with a total of 17 out of 31 seats, Chief Elections Officer Josephine Tamai told Caribbean Journal. The […]

Belize Readies for Election

Above: Prime Minister Dean Barrow and Opposition Leader Francis Fonseca By the Caribbean Journal staff Belize is gearing up for national and municipal elections Wednesday, the first in the country since 2008, in a race pitting Prime Minister Dean Barrow’s […]

Interview with Francis Fonseca, Candidate for Prime Minister of Belize

By Alexander Britell BELIZEANS HEAD TO THE POLLS Wednesday to choose their next government — deciding between Prime Minister Dean Barrow’s ruling United Democratic Party and the Opposition People’s United Party, led by Francis Fonseca, which is looking to return […]

St Kitts Seeks Home for National Archives

Above: some contents of the National Archives (Photo: Erasmus Williams) By the Caribbean Journal staff St Kitts and Nevis is looking for a property to refurbish and then house the country’s National Archives, according to Chief Secretary Joseph Edmeade. The […]

How to Take the Perfect All-Inclusive Summer Vacation in the Caribbean