FARMERS in Walkerswood, St Ann, are expecting to lose millions in the coming weeks as the novel coronavirus disease (COVID-19) hits markets for their produce. Measures to arrest the infectious disease outbreak have forced the Government to close the country's borders to incoming passengers, effectively crippling the group's main market
WASHINGTON (AP) — Older people remain most at risk of dying as the new coronavirus continues its rampage around the globe, but they're far from the only ones vulnerable. One of many mysteries: Men seem to be faring worse than women. And as cases skyrocket in the U.S. and Europe,
Market vendors, taxi operators, barbers and hairdressers, among others in the informal sector who are hard hit by the coronavirus (COVID-19), are to benefit from financial support. Minister of Finance and the Public Service, Dr. Nigel Clarke, said the Government is working on a programme that will provide financial assistance
ASKING RIDGE, United States — In this image provided by Jay Woods, woods, a designated market maker with IMC and NYSE floor governor, who normally works on the New York Stock Exchange trading floor, works in his home office in Basking Ridge, New Jersey, on Thursday. (Photo: AFP) Is this
As the impact of the novel coronavirus disease (COVID-19) pandemic is felt across the country, small farmers — especially those who supply produce to the now-dormant tourism sector — are among those most affected. With the temporary closure of hotels, many of these farmers now have no market for their
The novel coronavirus has been wreaking havoc throughout the world, and projections are that what is to come will be even more dire than what we are experiencing today. Covid-19 has an impact on both the social and economic framework, in a very extreme way, with the immediate impact being
IN efforts to prepare for the impact of the coronavirus (COVID-19) pandemic on the economy, Minister of Finance Dr Nigel Clarke says his ministry and the Bank of Jamaica have developed a proactive approach in the method of scenario analyses. Scenario analysis, which is one of the main forms of
HE Bank of Jamaica (BOJ) has announced an eight-point pre-emptive monetary strategy to assure financial institutions and the public that there will be adequate access to both Jamaican dollar and foreign currency liquidity in wake of the escalating COVID-19 pandemic. BOJ Governor Richard Byles, who announced the measures in a
The International Monetary Fund (IMF) is reporting that negative growth is not an unlikely scenario this year amid the covid 19 pandemic. The multilateral agency says the world economic slowdown and disruption in supply chains, the decline in commodity prices, the contraction in tourism and the sharp tightening of global
US President Donald Trump and the Senate have agreed a massive economic relief package worth more than $1.8 trillion. The package includes money to bail out industries that have been affected by the coronavirus crisis. It reportedly includes payments of $1,200 to most American adults and aid to help small
