PRIME MINISTER DEAN BARROW SAYS IN AN OFFICIAL ANNOUNCEMENT, THE COUNTRY WILL DEFAULT ON THE SO CALLED BELIZE SUPER BOND. NO PAYMENT TO BE MADE ANY MORE.
NEGOTIATIONS WILL CONTINUE FOR ANOTHER 30 DAYS, TO SEE IF ANYTHING CAN BE RESCUED FROM THE HARDLINE BONDHOLDERS, BUT THE LINE IN THE SAND HAS BEEN DRAWN. FOREIGN BONDHOLDERS WILL HAVE TO EAT THEIR INVESTMENT.
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