Jamaica
Economy
BMI View: A ratings downgrade by Moody's , following a move by Standard & Poor's earlier in November, has reaffirmed our long-held view that some form of debt-restructuring is...
2009-11-23Economy
Jamaica's negotiations with the IMF regarding a US$1.2bn Stand-by Arrangement have dragged on for much longer than anticipated, triggering fears that some form of debt-restructuring...
2009-11-11Economy
Jamaica's much-talked-about return to the IMF for a US$1.2bn Stand By Agreement is proceeding, albeit at a slower pace than originally envisaged. Judging by the latest signals we...
2009-10-16Economy
BMI View: Jamaica's dire fiscal and external accounts remain a source of apprehension among investors, with an IMF Stand-by Arrangement in the works. Fears of a sovereign default...
2009-09-22Economy
The Bank of Jamaica (BOJ) has stabilised the Jamaican dollar at the current level of JMD86.70/US$, which we believe will be maintained in the near term with the help of multilateral...
2009-08-25Economy
Following the 10.1% sell-off since the turn of the year, the Jamaican dollar has found some stability at JMD87.00/US$. However, depreciatory pressures are being kept at bay by a multitude...
2009-03-04Economy
The financial storm that swept across global markets last year has rapidly degenerated into an economic hurricane. Consequently, we have grown bearish on Latin America's economic...
2009-01-30Economy
BMI View: We have grown extremely bearish on Latin America's growth prospects as the region faces a darker age of lower commodity prices, stricter financing, and waning demand. In...
2008-12-23




