Jamaica Gleaner: “Business confidence at all-time low – Consumers also pessimistic about jobs, economy”
Business confidence in Jamaica has plunged to an eight year low for the first quarter this year, dipping to the lowest level registered since the Jamaica Conference Board started its survey in 2001.
Jamaica Observer: “What impact will increased IMF resources have on developing countries?”
Last week, international investor George Soros said President Obama could make the G-20 meeting a success by increasing the amount that developing countries can borrow from the International Monetary Fund (IMF). At that time, the IMF had about US$250 billion to lend, far too little in a world of trillion-dollar problems.