Irish mogul fails to connect with IPO investors 7 Oct 2015 Denis O’Brien has shelved plans for a $2 billion listing of Digicel, his Caribbean telco. Markets haven’t treated recent IPOs kindly. But Digicel’s undemocratic voting structure, high debt and exposure to the Haitian gourde required an especially strong stomach.
Cyprus and Jamaica – a tale of two island bailouts 10 Apr 2013 Both have a $25 bln tourism-led economy, and both will get about $1 bln in help from the IMF. Sure, Cyprus has its banks, while Jamaica has bauxite. Those differences aside, no euro shackles are needed for low growth and declining productivity to make it hard to keep on moving.