Category: Global

Remote trading makes business as usual at JSE

Posted on by Your Financial FactSheet


Jamaica Observer: “Remote trading makes business as usual at JSE”

Even while security forces continued operations in Western Kingston to execute a warrant to Tivoli strongman Christopher ‘Dudus’ Coke and ‘unrest and security problems’ spread as far east as Rockfort in Kingston and into the old capital of Spanish Town, trading on the Jamaica Stock Exchange (JSE) trading continued throughout yesterday despite management advising its staff to stay home.


Jamaica Observer: “Consumer confidence rises in May”

NEW YORK, United States — Americans’ confidence in the economy rose in May for the third straight month, fueled by growing optimism about future job prospects.

New taxes today

Posted on by Your Financial FactSheet


Jamaica Gleaner: “New taxes today”

Several new tax measures take effect today as the Government
dips deeper into the pockets of most Jamaicans in an effort to finance its bills.


Jamaica Observer: “Mixed fortunes for Caribbean economies in 2009, says new report”

THE Caribbean Economic Performance Report 2009, compiled by the Caribbean Centre for Money and Finance, recently projected the member states to end this year with mixed fortunes, as some will see growth while others will be in deficit.


Jamaica Observer: “The Government is the Grim Reaper of the professional classes”

THE decision taken last week to revise tax measures announced in Parliament five days previously sees the Government for all intents and purposes placing the burden of closing the deficit gap squarely on the shoulders of the middle and professional classes.


Jamaica Observer: “Trinidad cannot afford to give Ja financial assistance-Bharath”

Trinidad&Tobago’s Prime Minister Patrick Manning will provoke anger from the population should he lend assistance to Jamaica which is challenged by serious financial difficulties, says Opposition MP Vasant Bharath.

How wide will Gov’t miss its new fiscal target?

Posted on by Your Financial FactSheet


Jamaica Observer: “ECB set to begin phasing out liquidity measures”

LONDON, England — THE European Central Bank is poised to start phasing out the extraordinary liquidity measures it set up over the last couple of years when it concludes its last rate-setting meeting of the year on Thursday.


Jamaica Observer: “How wide will Gov’t miss its new fiscal target?”

HAVING fallen short of its original revenue target for October by $2 billion, the Government is now trailing behind its new revenue target by $6.4 billion.

How bad can it get!

Posted on by Your Financial FactSheet


Jamaica Observer: How bad can it get!

Earlier this week, the international rating agency Moodys weighed in on Jamaica, pronouncing that its fiscal situation was perilous and that funds from an IMF Standby Agreement would not be the answer to Jamaica’s problems, thus adding its voice to a chorus of damming assessments on the state of the Jamaican economy.


Jamaica Observer: “US economy will grow in the final quarter of 09 – Obama”

President Barack Obama predicted Wednesday that the United States economy would grow again in the final quarter of 2009, pulling further out of a long and crippling recession.


Jamaica Observer: “Increased World Bank funding for Jamaica”

Jamaica and the World Bank are currently in close collaboration which could see the bank providing US$100 million in budgetary support to the country early next year.