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Dominic Hadeed, Pres. Trinidad & Tobago Manufacturers Assoc.

Trinidad & Tobago Doesn’t Think Barbados’ Downgrading will Affect Trade

Trinidad & Tobago manufacturers are not worried that trade will be affected between Barbados and this country following a downgrade of Barbados’ foreign and local-currency sovereign ratings. On Tuesday US-based ratings services Standard & Poor’s lowered its long-term foreign- and local-currency sovereign credit ratings on Barbados to “BB+” from “BBB-”. At the same time, Standard [...]