Hits: 188 Created on 18 March 2013 Written by Caribbean360.com Category: BUSINESS
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GRENADA DEFAULT HAS NEGATIVE IMPLICATIONS FOR ECCU - MOODY'S

NEW YORK - A major international credit rating agency says the liquidity crisis leading to Grenada' default on its US and Eastern Caribbean (EC) dollar bonds is "credit negative" for the country and elevates the risk of distress spilling over to member countries in the Eastern Caribbean Currency Union (ECCU).

Read more: IMPACT OF GRENADA'S DEBT
 
Hits: 210 Created on 15 March 2013 Written by New Today Category: BUSINESS
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GRENADA OPENS UP FOR BUSINESS

St. George's — Dr Patrick Antoine, the chief economic advisor to the new Grenada Government, has declared that the island was open again after the February 19 general election at which the New National Party, led by Prime Minister Keith Mitchell, won all 15 of the constituencies.

Read more: AN OPTIMISTIC OUTLOOK
 
Hits: 198 Created on 15 March 2013 Written by Govt. of canada Category: BUSINESS
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NUTMEG IS CRUCIAL TO GRENADA'S ECONOMY AND CANADA IS HELPING TO IMPROVE IT

Read more: DISTANT FRIENDS REACH OUT
 
Hits: 293 Created on 14 March 2013 Written by Spiceisle News Category: BUSINESS
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LIQUOR CONTROL BOARD OF ONTARIO RELEASES CLARKE'S COURT SPECIAL DARK RUM TO STORES

St. George -- More than 1100 bottles of Clarke's Court's popular Special Dark rum have been distributed to stores across Ontario, Canada by the Liquor Control Board of Ontario, which received and analyzed the product earlier in the year.

Read more: CANADIANS GETTING BRAVE
 
Hits: 274 Created on 12 March 2013 Written by Standard and Poor's Category: BUSINESS
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GRENADA RATINGS LOWERED TO 'SD' ON ANNOUNCED DEBT RESTRUCTURING

New York – Standard and Poor's (S & P)has lowered its ratings on Grenada to selective default, or 'SD', reflecting the Government's announcement Friday that it will miss the upcoming March external interest payment and of intent to restructure some of the public debt.

Read more: ANOTHER WHAMMY!!!
 

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