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Archive for November, 2008

Grim outlook:

Who would have thought six months ago that 2008 was going to end with economic uncertainty facing our Caribbean countries; no one yet knowing how severe, how deep the global financial contagion will penetrate and how bruised we’ll come out from this latest crisis.
Already, we’re beginning to see the international financial crisis having its impact [...]

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It’s becoming clearer now that the US financial crisis which has spread to Europe, Asia and Latin markets has already started having its impact on the Caribbean with central banks and governments facing up to the reality that we’re facing some turbulent times ahead.
The instability in the global financial markets, described as being the worst [...]

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