UNITED NATIONS (AP) — Some 3.3 billion people – almost half of humanity – now live in countries that spend more money paying interest on their debts than on education or health, according to a new United Nations report released Wednesday. UN Secretary-General Antonio Guterres told a press conference launching the

GEORGETOWN, Guyana (CMC) — A senior Guyana government minister is calling on the Washington-based Inter-American Development Bank (IDB) to work closely with the private sector in an effort to increase local capacity. "I would urge IDB Invest to work closely with as many Guyanese companies as you can to bring

The Economic Commission for Latin America and the Caribbean, ECLAC, called on countries in the region to improve their policy design to take advantage of the contribution that foreign direct investments, or FDI, can make to the energy transition and to the region’s sustainable productive development. Last year, Latin America

Jamaica, Guyana and Trinidad & Tobago. Fifty years after its inception, the proposed objectives of the Caribbean Community (Caricom) largely remains a pipe dream marred by a failure to deliver on much of the intended outcomes, stakeholders across the region have asserted. Speaking in different interviews with the Jamaica Observer

— Jamaican manufacturers faced rising costs at the height of the COVID-19 pandemic. — Some say they were unable to pass on the rising costs and suffered reduced margins as a result. — However, of six companies analysed by the Jamaica Observer, two showed better margins while two fared worse

Business Lynk targets transport sector ...to onboard new merchants BY JOSIMAR SCOTT Senior reporter josimars@jamaicaobserver.com Jul 07, 2023 12:00 am · Make a comment Lynk has onboarded three new petrol service stations to its merchant platform, LynkBiz. MOBILE wallet provider Lynk has onboarded three gasoline service stations to its merchant

INTERESTING ACTS ABOUT MOTOR INSURANCE BY THE LATE HAROLD WONG. PLEASE CLICK ON LINK BELOW HAROLD WONG ARTICLE

FINANCIAL Action Task Force (FATF) President T. Raja Kumar has reiterated a plea for Jamaica to close the gaps in its action plan to avoid a possible move to the dreaded "black" list, which would mean serious implications for the country in carrying out international transactions. Kumar's comment comes following

The Holness administration appears confident that it will meet a new deadline of October 2023 to bring Jamaica’s anti-money laundering and countering of the financing of terrorism (AML/CFT) regime up to international standards and avoid being blacklisted. The assurance comes from Finance Minister Dr Nigel Clarke following Friday’s latest warning