A cloud rests over the summit of Nevis Peak. Stone sugar mills emerge from tropical gardens. Wooden houses and Georgian buildings line the compact streets of Charlestown, where church bells, fruit stalls and centuries of Caribbean history occupy the same few blocks. Down by the sea, the mood changes. The water off Pinney’s Beach is […]
Above: Parliament in Belize By the Caribbean Journal staff Ratings firm Standard & Poor’s has not changed its “SD” foreign currency ratings and “D” rating on Belize’s bond due in 2029 after the country made a partial payment of $11.7 million last week. The firm still considered the country to have missed the $23 million […]
Above: Parliament in Belmopan By the Caribbean Journal staff The government of Belize announced Tuesday that it would be unable to make an Aug. 20 coupon payment on the country’s US Dollar Step-Up Bonds due in 2029. In a statement, Belize’s government said it had “already commenced discussions with the holders of this bond regarding […]
