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Monthly Archives: January 2010

S&P: Jamaica Rating Revised To ‘SD’ Due To Domestic Debt Exchange Program

14-Jan-10

A not unexpected move from Standard & Poor’s, which has been deeply negative on Jamaica for some time now. Rival rating agency Fitch issued a similar downgrade, cutting the island’s local currency rating to ‘C’ from ‘CCC” on Thursday. It’s not all bad news though – the debt exchange that triggered the rating actions will [...]

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T&T media FAIL, Haiti edition

12-Jan-10

Dear Trinidadian media: the Haitian earthquake is the biggest and most important Caribbean story, bar none, of the moment and the year to date. What, exactly, is your excuse for your utter inability to update your sites to reflect this state of affairs, per the following screenshots (taken at approximately 8.55pm Trinidad time): Poor.

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Haiti.

12-Jan-10

Too often, relatively inconsequential events are referred to as “a tragedy” or “tragic”. But what is happening in Haiti – dozens dead, many more injured and dying in the aftermath of a 7.3 earthquake that also damaged and possibly destroyed the country’s National Palace – is a tragedy. Readers, Haiti needs your help. In the [...]

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