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Published:Wednesday | January 10, 2024 | 6:29 PM PhotoVideo The Jamaica Stock Exchange (JSE) Combined Index closed Wednesday losing ground marginally. The brisk trading ended with an advance/decline ratio of 46/40. The JSE Combined Index declined by 2,637.22 points or 0.78 per cent to close at 333,376.54. The JSE Main Market Index declined by 2,758.68 […]
Latin America has come to the end of its second lost decade of development. Average annual growth hovered just below 0.9 per cent for the 2014-23 period – worse than the 1.3 per cent rate in the 1980s. GDP per capita, however, is projected to be slightly higher in 2023 than in 2013, owing to […]
Hobbled by high interest rates, persistent inflation, slumping trade and a diminished China, the global economy will slow for a third consecutive year in 2024. That is the picture sketched by the World Bank, which forecast on Tuesday that the world economy will expand just 2.4 per cent this year. That would be down from […]
Regulators have been engaging with Jamaica’s financial companies on plans for better stress tests to protect the financial sector from a changing climate, and expects to ramp up on the collection of data towards that goal, a new report shows. There is a concern that rising storms and other natural occurrences linked to a changing […]
Published:Wednesday | January 10, 2024 | 12:06 AM PhotoVideo Previous Pause Next US Treasury Secretary Janet Yellen receives a briefing during a visit to the Financial Crimes Enforcement Network in Vienna, Virginia, on Monday, January 8, 2024. US Treasury Secretary Janet Yellen listens during a visit to the Financial Crimes Enforcement Network in Vienna, Virginia, […]
Published:Wednesday | January 10, 2024 | 12:05 AM PhotoVideo The National Insurance Fund, NIF, the source from which public pension payments are made, was now valued at around $175 billion in fiscal 2023. The figure, though subject to audit verification, is a significant improvement over the $143 billion reported at March 2022, Ministry of Labour […]