News Sources wrote an interesting post today on
Here’s a quick excerpt
Moody’s Investors Service is reviewing its credit ratings on Barbados’ foreign- and local-currency bonds for possible downgrade amid mounting government debt, predicting the Caribbean island’s ability to cover its debt will worsen in coming years. The nation’s local-currency rating is A3, four notches above junk territory, while its foreign-currency rating is Baa2, two notches above junk. Tourism is critical to the country, making up 16% of its economic activity, according to the World Trave

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