Jamaica
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US sequestration could hurt Caribbean
KINGSTON, Jamaica – Last Thursday, the United States Congress abandoned efforts to find consensus on a way to avoid automatic budget cuts. Although both Republicans and Democrats professed willingness to compromise and pursue a balanced and pragmatic approach, the two political parties adhered rigidly to their ideological economic fundamentalism. Sequestration requires 5.1 per cent automatic cuts amounting to US$85 billion.…
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EDITORIAL – Creative opportunities For Growth
KINGSTON, Jamaica, Gleaner – Although long in coming, the Simpson Miller administration has gone public with plans, developed by the Entertainment Advisory Board, to drive growth in the creative industries. These plans include the regular staging of events, such as the Arts in the Park concert held recently at Hope Gardens in St Andrew, to showcase emerging talents to business…
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Have No Fear – Clarke Says Horse Meat As Beef Is Not A Consideration Here
KINGSTON, Jamaica, Gleaner – AGRICULTURE MINISTER Roger Clarke has shot down fears of Jamaicans consuming horse meat as beef, as reports surfaced in the United Kingdom recently that DNA evidence proved that horse meat was passed off in beef burgers in Builth Wells, Wales. “We do not import beef from Europe, so that is not a consideration. The beef that…
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JAMAICA-ENVIRONMENT – Hundreds evacuated as noxious fumes force closure of building
KINGSTON, JAMAICA, CMC – The authorities are trying to locate the source of noxious fumes that forced the evacuation of several employees and visitors of the Central Sorting Office of the Post and Telecoms Department in the Corporate area on Thursday. According to media reports more than 600 people were evacuated and some were rushed to the nearby Kingston PUblic…
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Don’t Depend On Tariffs – EU Ambassador
KINGSTON, Jamaica, Gleaner – HEAD OF Delegation for the European Union to Jamaica Ambassador Paola Amadei has urged Jamaicans to develop the capacity to compete around the world and not to depend on tariff barriers to make domestic industries relevant. “It is not by applying tariffs that you will develop a competitive industry or a competitive agricultural sector. It has…
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JAMAICA-CRIME-National Security Minister says crime severely affecting Jamaica economy
WASHINGTON, CMC – Jamaica’s Minister of National Security, Peter Bunting, says crime has severely affected his country’s economic growth. Delivering the third lecture in the “Jamaica 50 lecture” series under the theme, “National Security in Jamaica since Independence” at the Silver Spring Civic Center, Bunting said crime has affected Jamaica’s competiveness, “as we have been falling in terms of the…
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World’s postal services struggle with lower demand
OTAKI, New Zealand (AP) – Sandra Vidulich is so excited about the leather boots she ordered through Amazon that she rips open the box in front of the postman and tries them on. “I looove them,” she declares, as the driveway at her tree-lined home in rural New Zealand briefly becomes a catwalk. “They're cool.” For now, a boom in…
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IMF Negotiations Pressure J$
KINGSTON, Jamaica, Gleaner – Bank of Jamaica governor Brian Wynter said the ongoing negotiations between the government and the International Fund has contributed to speeding up the depreciation of the Jamaican dollar against the United States dollar. At the same time, Wynter said the above average decline in the value of the currency during the October to December 2012 quarter…
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Debt programme necessary, effective, but insufficient, says CaPRI
KINGSTON, Jamaica, Observer – THE Caribbean Policy Research Institute (CaPRI) has concluded that Jamaica cannot do without the proposed loan agreement with the International Monetary Fund (IMF) at this time. However, the think tank, established to promote evidence-based policy dialogue within Caribbean societies, says that, while the Government's debt reduction programme is necessary and effective, it is “insufficient” to ensure…
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UNITED STATES-CRIME-Jamaican gets temporary execution reprieve
MIAMI, CMC – A Jamaican national convicted of killing a Florida state trooper with a pipe bomb has been granted a temporary reprieve one day before he was to be executed by lethal injection. A United States federal district on Monday stayed the execution of Paul Augustus Howell, 47, allowing defense attorneys more time to appeal his case. Michael Ufferman,…
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