Archive for the “Business & Finance” category
Long-Term Ratings On The Commonwealth of the Bahamas Lowered To ‘BBB+’; Outlook Stable The Bahamas’ fiscal position has deteriorated, as the government has increased spending while its narrow revenue base has declined amid economic recession. This has led to a (…)
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T&T’s FCB won a country award at The Banker’s 2009 ceremony (link). First Citizens Bank Last year, Trinidad and Tobago was significantly affected by the meltdown of the largest conglomerate in the Caribbean, the CL Financial Group. This affected the (…)
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Rating agency Standard & Poor’s continued its focus on the Caribbean with a note on Barbados’ public finances. Below in full, highlighting mine: Barbados Outlook Revised To Negative On Deteriorating Public Finances; ‘BBB’ And ‘A-3′ Foreign Currency Ratings Affirmed – (…)
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