IMF Mission and Jamaican Authorities Reach Staff-Level Agreement on Key Elements for EFF-Supported Program
Press Release No. 13/51
February 15, 2013
Category: Top stories: Global
S&P and Fitch downgrade Jamaica on debt exchange
S&P and Fitch downgrade Jamaica on debt exchange
NEW YORK, Feb 12 (Reuters) – Rating agencies Fitch and Standard & Poor’s on Tuesday cut Jamaica’s ratings due to a debt exchange program by the island nation that S&P said it viewed as a default.
Jamaica Labelled The ‘Greece Of The Western Hemisphere’
Jamaica Labelled The ‘Greece Of The Western Hemisphere’
 A leading United States newspaper today said that Jamaica’s debt crisis is in a worse financial shape than Greece and suggested that the Portia Simpson Miller administration consider a bailout plan with significant debt relief.
Top business stories in 2012
This would be the year when the global economy finally regained its vigor. At least that’s what many had hoped. It didn’t happen.