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View Full Version : Another downgrade hits Jamaica



NewsWhore
11-19-2009, 04:50 AM
Claiming Jamaica appears close to defaulting on its debts, ratings agency Moody's Investors has downgraded the country's local and foreign currency bonds from B2 to Caa1 with a negative outlook.

More... (http://story.jamaicantimes.com/index.php/ct/9/cid/8fdef8065235cb7f/id/29814330/)