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Showing posts with label Jamaica’s debt. Show all posts
Showing posts with label Jamaica’s debt. Show all posts

5/30/2013

Worse-Than-Cyprus Debt Load Means Caribbean Defaults to Moody’s

Three bond restructurings totaling about $9.7 billion in the Caribbean this year are failing to ignite economic growth and may not help the region avoid more defaults, according to Moody’s Investors Service.