Jamaica
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IMF Team In Jamaica
KINGSTON, Jamaica, Gleaner – A team from the International Monetary Fund (IMF) was due in the island yesterday and is expected to remain in Jamaica until February 15. The mission is being headed by Jan Kees Martijn. In a release yesterday, the Ministry of Finance and Planning said the mission followed extensive discussions by Jamaican officials with representatives of the…
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Jamaica unveil plans for global logistics hub
(Trinidad Guardian) KINGSTON—The Government of Jamaica has unveiled ambitious plans that will build the Caribbean island into a Global Logistics Hub for the Americas and position it as a regional trading mecca similar to Singapore, Dubai and Rotterdam. High level discussions have already started with a number of overseas investors to develop vast areas of prime real estate to handle…
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UK cop knocks Jamaica in British press
(Jamaica Observer) – Former Assistant Commissioner of Police detective Les Green has painted a hellish picture of his eight-year tour of duty in Jamaica with a job he said was a “tremendous strain”. In a story in yesterday’s edition of British newspaper the Mirror, Green told of a place where life is cheap, guns rule and drugs are rife. He…
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JAMAICA-POLITICS-PM wants nation building statement from leaders
Kingston, Jamaica, CMC – Prime Minister Portia Simpson Miller is warning leaders in the country from making statements that may have international repercussions. She made particular reference to a recent criticism by Opposition Leader Andrew Holness in relation to the ongoing talks between the government and the International Monetary Fund (IMF) over a new Stand By Agreement for the country.…
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Slow growth projected for debt-ridden Caribbean
Miami Herald – While the global financial meltdown appears to slowly be on the mend, Caribbean economies still face significant challenges. As Jamaica Prime Minister Portia Simpson Miller addressed her heavily indebted nation last month, the Caribbean leader reminded Jamaicans of her steadfast determination to not just balance the books but also people’s lives. But with one of the world’s…
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CBS documentary will hurt Jamaica: Bunting
MONTEGO BAY, St James, Jamaica Observer — Minister of National Security Peter Bunting says he is fearful that Jamaica’s image will be further tainted overseas after the airing of a 60 Minutes documentary on the lottery scam, now being produced by Dan Rather, a former CBS news anchor. “Now this is one of the best-known names in television journalism and…
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Jamaica’s refugee policy provides model for other CARICOM states
KINGSTON, Jamaica, Observer — JAMAICA'S top diplomat in the United States, Ambassador Stephen Vasciannie, has pointed out that his island's refugee policy incorporates reference to international human rights standards and provides a good framework for the treatment of asylum seekers. “It also provides a model that could be used in some other Caricom states,” Ambassador Vasciannie said in his presentation…
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‘Stop Going To Foreign Caucus’ – Shaw Warns Gov’t About Having Countries Lobby IMF On Jamaica’s
KINGSTON, Jamaica, Gleaner — OPPOSITION SPOKESMAN on Finance Audley Shaw has claimed that the Government has been irritating the International Monetary Fund (IMF) by having other countries lobby the multilateral on behalf of Jamaica. “Stop diverting your efforts to ask foreign governments to lobby the IMF on your behalf,” Shaw told the Portia Simpson Miller-led Govern-ment during his address to…
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IMF Deal Taking Too Long – Hill
KINGSTON, Jamaica, Gleaner — FORMER INVESTMENT banker Aubyn Hill says the Government is taking too long to negotiate a new agreement with the International Monetary Fund (IMF). Finance Minister Dr Peter Phillips had set a December 2012 deadline for the sealing of a deal with the multilateral, but to date none as materialised. In an interview with The Gleaner shortly…
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Jamaica At Continuing Risk From Earthquakes
KINGSTON, Jamaica, Gleaner — Jamaica is located in an active zone of seismic activity, and experiences more than 200 tremors annually, according to the Earthquake Unit at The University of the West Indies. The destruction of Port Royal by a massive earthquake in 1692, which left half of the town buried under the sea; and the devastation of Kingston in…
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