Concerns over rising exchange rate for US currency in Jamaica

KINGSTON, Jamaica, CMC – Former finance minister Audley Shaw Tuesday called on the Jamaica government to implement a number of measures aimed at slowing or reversing the exchange rate of the local dollar against the United States currency. Shaw, who is seeking to take over the leadership of t...
Read More

Arnaldo Ventura Appointed To CARICOM Committee

KINGSTON, Jamaica - Dr Arnoldo Ventura, professor at The Mico University College, has been invited by the Prime Minister responsible for Science and Technology in CARICOM, Dr Keith Mitchell, Prime Minister of Grenada, to serve on the CARICOM Committee for Science, Technology and Innovation. The fir...
Read More

Can the CCJ impose law on non-members?

KINGSTON, Jamaica - ON October 4, the Caribbean Court of Justice (CCJ) handed down its ruling in the case of Ms Shanique Myrie against the Government of Barbados for being denied entry, being physically abused, and deported to Jamaica in March 2011. Ms Myrie sued the Government of Barbados and was ...
Read More

Unemployed? - Look to the UN, urges official

KINGSTON, Jamaica - JAMAICANS are an endangered species at the UN Secretariat housed in New York in the United States. Of the roughly 43,000 people employed there, only 136 are Jamaican. Of that number, only 28 fall within the professional category, with "very few" in senior-level posts. "Jamaican...
Read More

Jamaica Facing Possible Currency Crisis

KINGSTON, Jamaica - A country enters a currency crisis if its exchange rate depreciates by more than 25 per cent in a given year. So far this year, the Jamaican dollar has depreciated approximately 12 per cent, moving from J$93 to US$1 in January to roughly J$104 to US$1 at the moment. The last tim...
Read More

Fenton: PAHO/WHO support vital to region

KINGSTON, Jamaica - HEALTH Minister Dr Fenton Ferguson has lauded the Pan American Health OrganiSation and the World Health Organisation (PAHO/WHO) for reaffirming their support to the Caribbean Community (Caricom) countries as they work to confront health challenges. Addressing the 25th Meeting of...
Read More

Remittances almost triple development aid

KINGSTON, Jamaica - TORONTO, Canada (IDN) — A new report has highlighted the importance of funds remitted home by migrants, which are now nearly three times the size of official development assistance given by rich developed nations and larger than private debt and portfolio equity flows to de...
Read More

This shameful scenario affecting the Haitian people

KINGSTON, Jamaica - BURDENED as they may be with their respective domestic, social, economic and political challenges, it is becoming increasingly evident that the 15-member Caribbean Community (Caricom) has a moral obligation to ensure more focused attention by the international community on the wi...
Read More

Suspend The CET, Says Clarke

KINGSTON, Jamaica - Businessman Claude Clarke, in defence of Jamaican manufacturing, said last Thursday that Jamaica should suspend the Common External Tariff, no matter the legal consequences. His appeal comes amid rumblings from critics of Caricom who want Jamaica to break away from the bloc, cit...
Read More