Recent News

BUSINESS

U.S. Mortgage Rates Running At 16-Year High

Mortgages in the U.S. are seeing their highest interest rates in 16 years. The increase follows the U.S. Federal Reserve’s aggressive interest rate hikes instituted to curb inflation sufficiently. Data from the U.S. Mortgage Bankers Association showed that mortgage rates have more than doubled since the start of the year. The average contract rate on 30-year fixed-rate mortgages rose by […]

BUSINESS

No Letup On US Inflation

The U.S. continues to see consumer prices rise in the month of September. This was more than expected and suggests that the country is still in a struggle to tame inflation. Inflation, the rate at which prices rise, was 8.2% in the 12 months to September, down from 8.3% in August. Despite the fall, the figure was still higher than […]

BUSINESS

T&T Hit With Billions Of Dollars Claim From Chinese Contractors

The Trinidad and Tobago Government has been hit with a TT$2.5 billion or US$380 million claim from a group of Chinese contractors of an aluminum smelter plant as a result of the cancellation of the project in 2010. Prime Minister Dr. Keith Rowley said the People’s Partnership government headed by Kamla Persad Bissessar had improperly shut down the project. Alutrint […]

BUSINESS

Oil Prices Take A 3% Dip

Oil prices took a three percent dip at the close of last week as global recession fears and weak oil demand, especially in China, outweighed support from a large cut to the OPEC+ supply target. Brent crude futures dropped $2.94 to settle at $91.63 a barrel. U.S. West Texas Intermediate crude futures fell $3.50 to $85.61. Support The Readers Bureau […]

SPORTS

JADCO Sends Warning In Campbell’s Case

According to press reports, Jamaica Anti-Doping Commission (JADCO) is prepared to go all the way to the Court of Arbitration for Sport (CAS) should West Indies batsman John Campbell choose to appeal against his four-year ban, handed down a week ago by the local disciplinary committee.  Campbell’s legal team has hinted recently that they’re not ruling out an appeal against […]

SPORTS

Reggae Girlz Get World Cup Pot 3 Draw

With the FIFA Women’s World Cup scheduled for Australia and New Zealand in 2023, Jamaica’s Reggae Girlz have been placed in Pot 3. The draw, which is set for Auckland, New Zealand, on October 22, will see Jamaica in a pot along with Denmark, Switzerland, Ireland, Colombia, Argentina, Vietnam, and Costa Rica. Therefore, it means that Jamaica will likely go […]

Jamaica

Jamaica Poised To Generate Record Tourism Earnings Of US$5 Billion In 2023

Jamaica is poised to generate a projected US$5 billion in earnings from tourism for the 2023 calendar year, based on the current trend in the industry’s out-turns, according to Portfolio Minister, Hon. Edmund Bartlett. He says the country is also expected to welcome five million visitors in 2024, one year ahead of the initial target timeline. The Minister was addressing […]

SPORTS

Cricketers Like Him Come Once In Many Years’: Pollard Cautions Team India Fans In Massive Praise For 28-Year-Old Star

Kieron Pollard made a huge remark on India star as he spoke in detail about the player’s comeback to the international setup earlier this year. Over the past few months, there has been a re-emergence of Indian star Hardik Pandya in international cricket. The all-rounder made a brilliant comeback to the team after leading the Gujarat Titans to the Indian […]

SPORTS

Campbell slapped With 4 Year Doping Ban

West Indies and Jamaica batsman John Campbell has been slapped with a 4-year ban for evading, refusing, or failing to submit to sample collection” by JADCO on April 20, 2022.   The decision, a copy of which has been seen by Radio Jamaica Sports, came Friday evening from the Independent Anti-Doping Disciplinary Panel. Campbell’s ban, according to the 18-page decision, will […]

SPORTS

Windwards Volcanoes Shortlist 26 For CG Insurance Super50

Andre Fletcher, Sunil Ambris, and Shermon Lewis, who have all played senior white-ball cricket for West Indies, are in a 26-member Windward Islands Volcanoes squad to prepare for the regional CG Insurance Super50 tournament starting later this month. Barbadians Justin Greaves and Tevin Walcott, along with West Indies 2022 U19 World Cup players Ackeem Auguste, McKenny Clarke, and Teddy Bishop, […]