Jamaica's tourism industry will be reopened in short order with a date to be announced soon. That's the word from the country's tourism minister, Edmund Bartlett. Speaking at a COVID-19 media briefing held earlier this week, the minister said that plans are being put in place and protocols far-advanced to
Finance Minister Dr. Nigel Clarke has reported that the COVID-19 pandemic is expected to cost Jamaica $120 billion. He revealed the number Wednesday afternoon in the House of Representatives as he presented a revised budget to accommodate the COVID-19 costs. Dr. Clarke explained that the price tag for the epidemic
The Caribbean Development Bank's (CDB's) newest facility funded by the 11th European Development Fund (EDF) is oversubscribed, this based on the overwhelming response it has received from countries in the region. In a release on Monday the entity said that the overwhelming response stemmed from a proposal by the bank
KINGSTON, Jamaica — The International Labour Organization (ILO) says based on its latest data, 9.9 per cent of working hours, which is the equivalent of 1.5 million full-time jobs, in the Caribbean are expected to be lost during the second quarter of this year due to the impact of COVID-19.
This undated electron microscope image, made available by the US National Institutes of Health in February 2020, shows the novel coronavirus SARS-CoV-2. Also known as 2019-nCoV, the virus causes COVID-19. (Photo: AP) In the midst of adversity, there is always opportunity. The spread of the deadly COVID-19 virus has drastically
Pedestrians are seen reflected in a quotation board displaying stock prices on the Tokyo Stock Exchange in Tokyo on May 7, 2020. Tokyo stocks opened lower on May 7 after a three-day public holiday, tracking recent declines on Wall Street caused by weak economic data. (Photo: AFP) What is leverage?
Bank of Jamaica (BOJ) Governor Richard Blyle is promising that Jamaica will be off the European Union blacklist of countries that pose financial risks to the bloc because of anti-money laundering and terrorism financing shortfalls. Jamaica is among 12 countries the EU on Thursday added to its list of states
Wall Street's main indexes gained on Friday as staggering job losses in April due to the coronavirus outbreak were still slightly better than feared, adding to optimism from an easing in US-China friction. The US unemployment rate has risen to 14.7%, with 20.5 million jobs lost in April, as the
In this April 3, 2020 photo, women wearing protective face masks stand at a safe distance to help curb the spread of the new coronavirus, as they wait for food assigned to their children outside a school in the largely indigenous Xesuj village, Guatemala, where many residents depend on remittances,
