Credit’s
global expansion
Last
week, we looked at how credit ratings arose out of
the railroad expansion in the US—the capital
requirements were too heavy to be met by only bank
loans (even cross-border bank loans) and equity injections...
DR
debt hits stumbling block
On
March 22, the Federal Opem Market Committee (FOMC)
announced another 25 basis points increase in the
benchmark interest rate pushing it up to an expected
2.75 per cent. The FOMC also restated its intentions
to carry out further increases at a “measured”
pace, despite the pick up in inflation in recent months...
Beware
of investments scams
We
live in a time where we can communicate with people
around the world instantly by the touch of a button.
In fact, it is possible to contact people who we do
not know, have never met and will probably never meet...
Prometheus
promises to fire up T&T’s energy sector
Last
week’s glittering launch of the Prometheus Energy
Partners investment vehicle in the darkened confines
of the Zen night club (formerly the De Luxe cinema)
in Port-of-Spain, would no doubt have been warmly
welcomed by the smaller practitioners in the energy
sector in particular...
Towards
2020 - A vision of many contradictions
Recently,
it has become fashionable for commentators on the
many ills in our society to end their statements with
a rather sarcastic “and they talking 2020,”
suggesting that we couldn’t possibly be serious
about achieving “developed country status”
while daily, we encounter stark reminders of our various
states of underdevelopment...
Trade
pacts to force co-operation
Infrastructure
for regional integration not readily apparent
On
March 11, 2005, Development Finance Ltd hosted an
Investment Conference, the theme of which was Caribbean
Investment and Business Expansion. Its objectives
were to highlight the realities of the Caribbean business
environment, to encourage change and co-operation
through the exchange of news and knowledge and to
discuss factors that influence investment and business
expansion in the Caribbean...
