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Monthly Archives: August 2009

T&T Gov’t finally steps up on the Schengen visa issue

07-Aug-09

Good to see you again. Glad you enjoy the Limes.About damn time too. The Express reports: Citizens will no longer need a visa for the French overseas territories once their stay is 30 days or less. Foreign Affairs Minister Paula Gopee-Scoon announced yesterday that following an approach by the Government, the French Government has agreed [...]

S&P’s move on Jamaica suggests there’s pain ahead

06-Aug-09

This is bad. S&P had previously assigned a rating of B- to Jamaica. In financial parlance, a B- rating sovereign rating suggests that the country is perceived as “high risk” by would-be lenders; in a word, “junk”. By downgrading Jamaica to triple-C, S&P is saying the island is ” currently vulnerable and dependent on favorable [...]

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