Higher debt service charges

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The decision by Derick Latibeaudiere and his team at the central bank to hike all its benchmark rates by an average of 50 basis points last week will push the amount of money needed to service the country’s trillion dollar debt higher

A new look for KFC

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Although the Minister of Agriculture Christopher Tufton wanted to see the introduction of cassava fries on the KFC menu, he had to be content with just admiring the new look menu board that has been introduced as part of a new look resta

Unemployment climbing

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 The country’s unemployment rate, which climbed from 9.7 per cent in October of 2007 to 10.2 per cent in January of this year, is likely to surge higher, following the move by the loss-making Jamaica Urban Transit Company (JUTC) r

Flooding in US will drive food prices

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The current flooding in the US Midwest, the heartland of corn, wheat and soybean production, as well as vegetable production will help to drive international and local food prices, and inflation higher. The cost of the damage in Iowa is

JMMB could get commercial banking licence

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The island’s six commercial banks whose loan to assets ratio is a mere 38 per cent, could be in for some stiff competition if the Keith Duncan, Donna Duncan Scott and Dr. Noel Lyon-led Jamaica Money Market Brokers Group Limited (JMMB)