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 […]
Haiti's Economy "Continues to Grow," But Must Accelerate Reconstruction: IMF
Above: Jacmel during Carnival By the Caribbean Journal staff Haiti’s economy is moving in a positive direction, though at a level below that projected by the International Monetary Fund’s Extended Credit Facility arrangement, the IMF said following the conclusion of […]
Dominican Republic Economy Grew By 4.5 Percent in 2011: Report
Above: Independence Square, Puerto Plata (Photo: DR Tourism) By the Caribbean Journal staff The Dominican Republic’s economy grew by 4.5 percent in 2011, according to a report from President Leonel Fernandez. The President said 160,000 jobs were created last year, […]
Barbados: "We Will Not Roll Over and Play Dead" in Economic Recession
Above: Finance Minister Chris Sinckler By the Caribbean Journal staff Barbados will not “roll over and play dead” during the current economic recession, according to Finance Minister Chris Sinckler. “That’s not the stance this government has, or will ever take, […]