KINGSTON, Jamaica, Observer - Prime Minister Portia Simpson Miller has confirmed that a second debt exchange programme will be implemented. In a joint national broadcast with the Finance Minister Dr Peter Phillips this evening, Simpson Miller said the programme called a National Debt Exchange Offer ...

KINGSTON, Jamaica, Observer - Let us pull together, PM appeals to country FINANCIAL institutions and holders of domestic bonds will this morning be asked to take a haircut on interest for the second time in three years as the Government starts implementing measures critical to signing a funding arra...

KINGSTON, Jamaica, Observer - GOVERNMENT has agreed to a number of preconditions with the International Monetary Fund (IMF) as part of a requirement for an extended fund facility with the multinational. Some of the preconditions were announced last night buy the finance minister, Dr Peter Phillips, ...

WASHINGTON, CMC - A United States federal district court has dismissed a US$750,000 breach of contract lawsuit against the Antigua and Barbuda government that had been brought by the son of the owner of a company based on the island. The suit was filed on July 19, 2010, by Dan Abraham Sarfati, the s...

(Jamaica Gleaner) The man entrusted by the United States (US) to monitor the gamut of its military-related affairs in approximately 31 countries and 15 areas of special sovereignty in the Western Hemisphere is urging the Portia Simpson Miller administration to be unyielding in its efforts to rid Jam...

(Barbados Nation) Digicel Barbados could be one step closer to entering the local landline market following a Fair Trading Commission (FTC) decision, according to chief executive officer of Digicel, Barry O’Brien. During a Press conference yesterday at Hilton Barbados, the Digicel boss told re...

LOS ANGELES, CMC - The 55th Grammy Awards here Sunday night paid tribute to legendary Jamaican reggae superstar Robert Nesta Marley, renowned worldwide as Bob Marley. But, for a moment, it appeared as though there would hardly be any tribute to the late great reggae artist when about two-thirds of a...

LONDON, CMC – More than 800 Jamaicans are in jails in the United Kingdom, according to figures released during a debate in Parliament. The website bernews.com Monday reported that there were approximately, 1007 nationals from the West Indies incarcerated in jails across England and Wales at th...

CASTRIES, St. Lucia, CMC – Five months after St. Lucia introduced a 15 per cent Value Added Tax (VAT), medical officials are warning the Kenny Anthony administration that patients could die because of their inability to meet the increased costs of medication. The St. Lucia Medical and Dental A...

KINGSTOWN, St. Vincent, CMC – Opposition Leader Arnhim Eustace Monday questioned the decision of the three-month old Financial Services Authority (FSA) to take over management and control of the Building and Loan Association (BLA), warning it could lead to further loss of investor confidence i...