Caribbean Cautious as Conditions Worsen

Caribbean Cautious as Conditions Worsen

Caribbean

As financing opportunities become increasingly sparse for many of the Caribbean’s biggest issuers – including sovereigns like Jamaica as well as innovative high-end real estate developer CapCana – a tone of caution and worry prevails. With a backdrop of high food, inflation and energy prices, the region’s disparate island nations are also confronted with declining tourism, rising financing costs, and in some cases, burdensome debt loads. “We should take on a different tenor and recognize that a

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