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Tag Archives: jamaica

“Di ienjel go tu Mieri an se tu ar se, ‘Mieri, mi av nyuuz we a go mek yu wel api.’”

25-Dec-10

Patois FTW. In the depiction of the Angel Gabriel’s visit to the Virgin Mary which foretold the birth of Jesus, the New King James Bible’s version of Luke reads, “And having come in, the angel said to her, ‘Rejoice, highly favored one, the Lord is with you; blessed are you among women.’” In the patois [...]

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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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Agreement with IMF essential for Jamaica, Moody’s says

09-Nov-09

Verbatim from rating agency Moody’s on Jamaica, highlighting mine: The IMF, which has been negotiating the terms of a $1.2 billion stand-by facility with Jamaica for several months, said on Friday after fund officials spent several days in Kingston, that discussions would continue in Washington next week. The focus, said the IMF, is “on how [...]

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