Belize hired the same law firm as Argentina when deciding to push for its second bond restructuring in five years. Prime Minister Dean Barrow wants the comparisons between the countries to end there.
Belize’s government aims to restructure its debt through negotiations with bondholders and will consider any proposal presented, Prime Minister Dean Barrow told reporters in Belize City today.
Residents and businesses along the Gulf of Mexico face a weekend of watching and planning as the season’s first tropical storm formed off the Yucatan Peninsula.
Tropical Storm Alex, the first storm of the Atlantic hurricane season, formed in the Caribbean today, the U.S. National Hurricance Center said today.
Tropical Storm Ernesto is heading toward Mexico’s Yucatan Peninsula with 65 miles (100 kilometers) per hour winds and may intensify to hurricane status before landfall, the National Hurricane Center said.