The latest Caribbean Photo comes from Caribbean Journal reader Dave Griffith, who sent in this lovely shot of the waves in Cap Cana behind the Secrets resort. Have you taken a great photo in the Caribbean? Send it to news@caribjournal.com with CPOTW in the subject line, including your first and last name and the location […]
Above: Barbados (CJ Photo) By the Caribbean Journal staff Moody’s Investors Service has downgraded the government bond rating of Barbados to Ba3 from Ba1, the New York-based firm announced. The two-notch downgrade reflected several key drivers, including the country’s “continued anemic economic growth with limited prospects for improvement,” “persistently large fiscal deficits,” “increasing government liquidity […]
Above: Bridgetown (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has lowered the outlook on its long-term rating on Barbados to negative, the New York-based ratings firm announced. S&P also announced that it had affirmed the country’s “BB+” long-term and “B” short-term sovereign credit ratings. The firm said the outlook reflected “the potential […]
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 comes after Belize restructured its $547 million “Superbond,” which is due in 2029. That included […]
