It is a mockery for mountain dwellers to ask for fireplace rocks from those who live in the meadow. — Shona proverb, Zimbabwe “Come gather 'round people Wherever you roam And admit that the waters Around you have grown And accept it that soon http://www.jamaicaobserver.com/the-agenda/after-the-covid-19_192679
THE major players in Jamaica's life insurance industry say they stand prepared to deal with any large volume of claims due to the COVID-19 pandemic and are confident that the financial structures of their companies will not be undermined. So far, Jamaica has had seven COVID-19-related deaths, and should the
Amid the COVID-19 crisis, the costs of transferring remittances to the region could increase due to operational challenges being faced by remittance service providers (closures of agents and offices, access to cash, foreign exchange, security) and compliance with AML/CFT regulations. With global remittances projected to decline by about 20 per
Common perception: Supply is too high, and demand is too low. Reality: Mechanics related to the contracts that govern the purchase of oil exacerbated the impact of the price decline. While the common perception is true, the reality is more nuanced. Today we look at that nuance. On Monday, April
NEW YORK, United States — A man wearing a protective mask rides a bicycle on April 21, 2020 in the Queens borough of New York City. Daily death toll numbers related to the novel coronavirus disease (COVID-19) continue to trend downward in the tri-state region, but New York City has
Country lockdowns to prevent the spread of COVID-19 are significantly impacting the flow of international payments. Data from international money transfer service WorldRemit shows that restriction on movement is changing the way people send and receive money abroad. WorldRemit says in recent weeks it has observed a marked increase in
The Private Sector Organisation of Jamaica is reporting that it has so far raised more than $80 million through its COVID-19 Jamaica Response Fund. The Fund is a multi-sectoral, private, public and social services initiative in partnership with the Council of Voluntary Social Services, United Way of Jamaica, American Friends
A new report by the Economic Commission for Latin America and the Caribbean (ECLAC) has warned that the coronavirus pandemic will herald the worst economic contraction in the history of Latin America and the Caribbean, with a projected -5.3 per cent drop in activity this year. The report, published on
Did you know that when searching for news or information, 64 per cent of consumers trust search engine results (such as Google) the most, and guess what platform shows up in your top five search results—LinkedIn! So if you are signed up on the platform, but not actively using it—
The Statistical Institute of Jamaica (STATIN) in its latest report on the consumer price index (CPI) has said that the inflation rate recorded a movement of -0.3 per cent for the month of March. The rate in the previous month was 0.7 per cent. “The main contributor to this movement
