Category: Money
Jamaican Observer: Digicel’s US$1.7-b debt restructuring deal amounts to default, says Moody’s
Debt Restructuring of Digicel.
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World Economic Forum: Caribbean tourism has been decimated by COVID-19. But the private sector can cushion the blow
The impact on the Caribbean’s tourism market as been tremendous. The World Economic Forum has more on the impact that COVID-19 has on its market.
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The Daily Observer: EC dollar remains stable amid Covid-19
The Easter Caribbean Dollar has retained its value during COVID-19.
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Motley Fool: Why Royal Caribbean’s Shares Soared 45% in April
Royal Caribbean’s shares increased. Click here to read more.
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Trinidad and Tobago Guardian: Digicel cuts salaries, Stork lays off workers
Digicel Trinidad reduces its workers salaries, while Stork Trinidad lays off some of its workers in Trinidad. Click here for more on this story.
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Prensa Latina: Airbus losses estimated at 481 million euros due to Covid-19
Prensa Latina: Airbus losses estimated at 481 million euros due to Covid-19
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IMF Executive Board Approves US$65.6 Million in Disbursements to Dominica, Grenada, and St. Lucia to Address COVID-19 Pandemic
Press release from the IMF concerning monetary disbursements to Dominica, Grenada and St. Lucia in an attempt the help these island nations fight COVID-19.
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TRT World: South Africa seeks $5B from multilateral lenders to fight virus
South Africa is requesting from lenders money in order to fight Coronavirus.
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Daily Monitor: African Airlines to lose $6b in passenger revenues
Many African Airlines are expected to lose significant earnings.
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