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BARBADOS-FINANCE-Standards & Poor’s downgrades Barbados

WASHINGTON, Dec 20, CMC – The United States-based ratings agency Standard & Poor’s (S&P) has downgraded the long-term sovereign rating of Barbados to “B” from “BB-”, warning also of the potential for a further economic downgrade. ... Full story

GUYANA-AID-IDB funds to finance citizen security programme

WASHINGTON, Dec 20, CMC - The Inter-American Development Bank (IDB) says it is providing a US$15 million loan to Guyana for a citizen security programme that helps communities better resolve conflicts in non-violent ways. ... Full story

BELIZE-COURT-Arbitration tribunal decides in favour of British Caribbean Bank, Ltd.

BELMOPAN, Belize, Dec 20, CMC - The Dean Barrow administration has vowed to challenge to a decision made by a panel of international arbitrators in the ongoing dispute between the government and the British Caribbean Bank, Limited (BCB). ... Full story

HAITI-ECONOMY-IMF disburses funds for Haiti

WASHINGTON, Dec 20, CMC – The International Monetary Fund (IMF) says it has approved US$2.4 million for Haiti after the French-speaking Caribbean Community (CARICOM) country successfully completed its final review of the Extended Credit Facility (ECF) programme. ... Full story

BERMUDA-BUSINESS-Premier welcomes Sun Life jobs expansion

HAMILTON, Bermuda, Dec 20, CMC - Premier Michael Dunkley has welcomed the announcement that Sun Life intends to expand jobs in Bermuda in the future. ... Full story

JAMAICA-ECONOMY-IMF approves funds for Jamaica

WASHINGTON, Dec 19, CMC – The International Monetary Fund (IMF) Friday announced it was providing Jamaica with an immediate disbursement of US$67 million after the island successfully completed its sixth review of its economic performance under the four year US$932 million Extended Fund Facility (EFF) programme. ... Full story

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