Outlook Stable On Dec. 6, 2023, we raised our long- and short-term foreign and local currency sovereign credit ratings on Suriname to ‘CCC+/C’ from ‘SD’ (selective default). At the same time, we withdrew our ratings on Suriname’s senior unsecured debt. We also raised our transfer and convertibility assessment to ‘CCC+’. The outlook on the long-term…
Read more
Experts are sounding the alarm: the world is caught in a debt trap. The global mountain of debt has increased to more than 300 trillion US dollars. To cancel it out, the Earth’s population would have to work for nothing for three years. Is this a cause for concern? Will private individuals, companies and even…
Read more
Best Economic Documentary I have Watched FOUR HORSEMEN is an award winning independent feature documentary which lifts the lid on how the world really works. As we will never return to ‘business as usual’ 23 international thinkers, government advisors and Wall Street money-men break their silence and explain how to establish a moral and just…
Read more
Guyana faces a critical obstacle hindering the participation of local businesses in the country’s local content development initiatives – the challenge of accessing crucial financing. This issue threatens to undermine the entire local content effort vital for the nation’s economic growth, as highlighted by energy expert David Goldwyn, renowned for his experience in the U.S.…
Read more
*As the Government of Indonesia takes lead on leveraging blended finance as a tool to advance development projects in the country, and private investors increase investment towards Indonesia’s long-term development plans, Indonesia is set to be a model for how blended finance can achieve sustainable and inclusive development in the region. * As the fourth…
Read more
Fitch Ratings – New York – 16 Jul 2020: Fitch Ratings has upgraded Suriname’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CC’ from ‘RD’. Fitch has also upgraded the issue rating on Suriname’s 2023 notes to ‘CC’ from ‘D’. KEY RATING DRIVERS The upgrades follow the completion of the “consent solicitation” to reschedule the principal…
Read more
Yuka Obayashi A man works at the Tokyo Stock Exchange after market open in Tokyo, Japan, Oct. 2, 2020. REUTERS/Kim Kyung-Hoon/ TOKYO, Oct 11 (Reuters) – Japan’s Tokyo Stock Exchange (TSE) started trading carbon credits on Wednesday, as the world’s fifth-largest carbon dioxide (CO2) emitter put in place a key element of its strategy to…
Read more
“Margin Call” is a very underappreciated movie IMO. The movie is starred by Stanley Tucci and Kevin Spacey. There are a lot of parallels between this movie and what happened last Friday with the unwinding of Archegos Capital Management’s positions by Goldman Sachs and others. No idea why I started thinking about it on Friday…
Read more
Ken Silverstein Mr. October is on deck. Marciano Dasai, Suriname’s minister of spatial planning and environment, spoke at Climate Week in New York and is pitching 4.8 million carbon offsets to the real heavy hitters — the rich nations responsible for most of the globe’s CO2 emissions. It’s the World Series of carbon finance — a potential…
Read more
In Suriname & the Americas eyesonsuriname Amsterdam, May 8th 2023–President Biden and his administration has done little to counter China’s expanding economic footprint in Suriname and South America. Given the region’s crucial role in the fight against climate change, the US can no longer afford to take its southern neighbors for granted. Amsterdam, May 8th…
Read more
Recent Comments