Tag: Government

COMMENTARY

The Prime Minister Has No Clothes

The Prime Minister of Jamaica is at liberty to propose and bamboozle his subjects with a Ministry of Peace and Human Development, or “Whatever he wants to call it.” Shell-shocked, over-promised, and underdeveloped by governments that insist on patronage as the way to secure their stranglehold on the levers of power, Jamaicans do not have the liberty to hold their […]

Jamaica

Jamaica Expected To Welcome 4.12 Million Visitors For 2023

According to the Ministry of Tourism Jamaica is set to record an estimated 4,122,100 visitor arrivals for the period January to December 2023. Portfolio Minister, Hon. Edmund Bartlett, said this would represent a 23.7 percent increase over the 2022 figure. Of this number, 2,875,549 are expected to be stopover visitors, which would represent a 16 percent increase over the number […]

NEWS

U.S. Congress Approves Stopgap Bill To Avert Government Shutdown

Congress has passed a temporary funding measure that will keep federal agencies operating until the new year, days before the US faced a government shutdown. The Senate passed the stopgap bill by a vote of 87-11 Wednesday night after the House passed it earlier this week. President Joe Biden is expected to sign the bill before Friday’s deadline. This is […]

Jamaica

Jamaica’s Economic Performance The Best Ever – Minister Clarke

Jamaica’s economic performance is the best it has ever been, says Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke. He cited, among the indicators, the country’s robust foreign exchange reserves, low unemployment rate, low debt to gross domestic product (GDP) ratio, as well as sustained periods of growth. “Jamaica, today, has macroeconomic fundamentals that represent the […]

Jamaica

Jamaica Calls For Ease Of Embargo On Cuba

Members of the Jamaican Parliament, in a show of bipartisan solidarity with the Cuban people, have repeated their call on the U.S. Government to end the decades-long economic embargo against the Communist country. Minister of State for Foreign Affairs & Foreign Trade Alando Terrelonge, who opened the debate on the resolution, characterized the policy as cruel and devastating in many […]

BUSINESS

Companies Jockey For Oil Contracts In Guyana

The Government of Guyana announced that more than 20 companies have submitted bids to compete for a contract to market the country’s share of oil production. Among the bidders are Exxon Mobil.  The 12-month contract, which allows the country to export its portion of crude produced offshore by a consortium led by Exxon, had in previous years been awarded to […]

NEWS

U.S. Might Change How It Classifies Marijuana. Here’s What That Would Mean

NEW YORK — The news lit up the world of weed: U.S. health regulators are suggesting that the federal government loosen restrictions on marijuana. Specifically, the federal Health and Human Services Department has recommended taking marijuana out of a category of drugs deemed to have “no currently accepted medical use and a high potential for abuse.” The agency advised moving pot […]

NEWS

Iran Court Orders US To Pay $330M For ‘Planning Coup’ 

TEHRAN, IRAN — A court in Tehran has ordered the U.S. government to pay $330 million in damages for “planning a coup” against the newly established Islamic republic in 1980, the judiciary said Saturday. A year after the 1979 Islamic revolution that toppled the U.S.-backed shah, a group of mostly army officers tried to overthrow the new government. State news agency […]

Jamaica

Jamaica’s Unemployment Rate At An All Time Low

Jamaica’s unemployment rate fell to a new record low of 4.5 percent in April 2023, according to the Statistical Institute of Jamaica (STATIN) Labor Force Survey. This was 1.5 percentage points lower than the out-turn for the corresponding period in 2022, Director General, Carol Coy, indicated. In a recent STATIN’s quarterly digital media briefing, Ms. Coy reported that the number […]

NEWS

West African Bloc Activates Standby Force To Restore Order In Niger

The West African regional bloc ECOWAS has ordered the activation of its standby force, while holding out hope of peacefully restoring the constitutional government in Niger after the July 26 coup there. The announcement came Thursday in a communique read at the end of a regional summit in Abuja, the Nigerian capital. But Niger’s junta leaders snubbed the regional gathering’s […]