Rapper Shyne Barrow's Father New Belize Prime Minister....
Shyne
Shyne's Dad is on the left...
Belize elects first black leader, ousts incumbent
Fri Feb 8, 2008 12:11pm EST
"It's a great feeling. I'm extremely grateful and humbled," Barrow said, as his supporters drove through Belize City, hanging out of cars, honking their horns, waving UDP flags and thumping on car roofs.
In a diverse country of indigenous Maya, Mestizos and African-descended Creoles and Garifuna, many on the street were rejoicing at a Creole winning power. Belize's past leaders were born in Belize but of European descent.
FISCAL PRUDENCE
Investors in Belize's roughly $1 billion in public debt expected Barrow to maintain fiscal stability after a late-2006 debt restructuring stabilized the country's debt ratings.
"I'm fairly confident that he understands the importance of fiscal responsibility and transparency, and that's the key issue," said Bear Stearns analyst Carl Ross in New York.
"The other issue is getting the economy going, which means getting investment going in the tourism sector."
Barrow says he plans to get more Belizeans investing in the tourism industry which, despite the country's lush jungles and sparkling coral reefs, lags neighbors Costa Rica and Mexico.
Tall and easy-going with a shaven head and a rapper son, Barrow appealed to young Belizeans voting for the first time.
Musa, 63, did not comment on the election result.
Many older Belizeans are strongly attached to Musa's party for its role in ending British rule and because local party officials help poor families with school fees and free household appliances. But anger over tax hikes and alleged graft scandals erupted in anti-government riots in 2005. (Editing by John O'Callaghan)
http://www.reuters.com/article/bondsNews/idUSN0848407320080208?pageNumber=2&virtualBrandChannel=0
Shyne
Shyne's Dad is on the left...
Belize elects first black leader, ousts incumbent
Fri Feb 8, 2008 12:11pm EST
"It's a great feeling. I'm extremely grateful and humbled," Barrow said, as his supporters drove through Belize City, hanging out of cars, honking their horns, waving UDP flags and thumping on car roofs.
In a diverse country of indigenous Maya, Mestizos and African-descended Creoles and Garifuna, many on the street were rejoicing at a Creole winning power. Belize's past leaders were born in Belize but of European descent.
FISCAL PRUDENCE
Investors in Belize's roughly $1 billion in public debt expected Barrow to maintain fiscal stability after a late-2006 debt restructuring stabilized the country's debt ratings.
"I'm fairly confident that he understands the importance of fiscal responsibility and transparency, and that's the key issue," said Bear Stearns analyst Carl Ross in New York.
"The other issue is getting the economy going, which means getting investment going in the tourism sector."
Barrow says he plans to get more Belizeans investing in the tourism industry which, despite the country's lush jungles and sparkling coral reefs, lags neighbors Costa Rica and Mexico.
Tall and easy-going with a shaven head and a rapper son, Barrow appealed to young Belizeans voting for the first time.
Musa, 63, did not comment on the election result.
Many older Belizeans are strongly attached to Musa's party for its role in ending British rule and because local party officials help poor families with school fees and free household appliances. But anger over tax hikes and alleged graft scandals erupted in anti-government riots in 2005. (Editing by John O'Callaghan)
http://www.reuters.com/article/bondsNews/idUSN0848407320080208?pageNumber=2&virtualBrandChannel=0
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