BOJ moves to protect financial system

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(The following is a statement from the Bank of Jamaica on the initiatives to protect the financial system.)

Several local financial institutions, as a matter of routine business, enjoy, credit arrangements with ov

Pilots want to avoid industrial action

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Captain Russell Capleton, president of the Jamaica Airline Pilots Association (JALPA), says that the association wants to avoid the taking of industrial action in order to accelerate the pace at which the discussions with the management of

Sliding J$ driving inflation

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The precipitous slide in the value of the Jamaican dollar since the start of this month will push the country’s point-to-point calendar and fiscal year-to-date inflation rates higher, despite the steep falls in oil and other commodity pri

Strong foreign direct investment inflow

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Jamaica has again recorded another outstanding year in attracting foreign direct investment (FDI), with inflow of US$866.5 million, based on the findings of the just released 2008 World Investment Report. The actual fiqure quoted in the rep

Strong foreign direct investment inflow

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Jamaica has again recorded another outstanding year in attracting foreign direct investment (FDI), with inflow of US$866.5 million, based on the findings of the just released 2008 World Investment Report. The actual fiqure quoted in the rep

Why Bernanke, Cox and Paulson should be fired

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There have been three great inventions since the beginning of time — fire, the wheel and central banking. The primary role of any central bank — the Federal Reserve Board (Fed), the European Central Bank (ECB), the Bank of England (BoE)

Why Bernanke, Cox and Paulson should be fired

admin

There have been three great inventions since the beginning of time — fire, the wheel and central banking. The primary role of any central bank — the Federal Reserve Board (Fed), the European Central Bank (ECB), the Bank of England (BoE)

No reports on exposure from listed companies

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Marlene Street Forest, general manager of the Jamaica Stock Exchange (JSE), says that no reports have been received from the country’s listed companies on the exposure to the global financial meltdown, which was started by BNP Paribas in