Category: Local

The catalyst for the global market sell off was primarily the acceleration of the European debt crisis, which in the last few days of last week become a classic fear driven liquidity crisis as Italian and Spanish bond yields rose sharply, to above six per cent, on concerns over their creditworthiness.

Jamaica Observer: ‘We have a lot to be fearful of’

JAMAICA faces a fallout in some of the country’s major foreign exchange earners and an economic shock similar to the 2008 credit freeze if the US Congress does not reach a deal to raise its government’s debt limit by Tuesday’s deadline, say financial analysts.

Jamaica Observer: “Banked vs unbanked children: whose future are we banking on?”

MANAGING money is a skill that does not occur naturally for most of us adults, much less our children. The problem with this reality is that our children represent our future as a nation. Given this, when are we as a nation going to start teaching financial literacy to our children?

Jamaica Gleaner: “BNS to cut mortgage, base rates”