The Liming House

I tend to bang on about these rating agency downgrades, but they are important. For those of you not familiar with these companies, their essence can be distilled thus:  ratings agencies are arbiters of creditworthiness. In other words, agencies like Moody’s, Standard & Poor’s and Fitch bestow upon companies and countries  grades that indicate the [...]

Presented verbatim, here is the full text of the statement made by Central Bank Governor Ewart Williams at the press conference on Friday: Some of you may know that CIB has been facing liquidity challenges over the past few weeks. These challenges came to a head in the last few days when the bank began [...]