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Argentina ends 2018 with second highest inflation in Latin America

January 16, 2019

BUENOS AIRES, Argentina (AFP) — Argentina ended 2018 with the second-highest inflation figure in Latin America, behind only crisis-wracked Venezuela, the national statistics institute said yesterday. Argentina's inflation rate of 47 per cent w more

Canadian policy changes due to lottery system feedback

January 16, 2019

Dear Mr Brown, I really want to sponsor my parents who reside in Jamaica, but I have heard that they are not using the lottery system anymore. Is this true? — CMB   Dear CMB: The Government of Canada announced in August that the lottery sy more

British pound rallies on May's Brexit setback, stocks gain

January 16, 2019

NEW YORK, United States (AFP) — The British pound rallied yesterday after the lower house of parliament overwhelmingly rejected Prime Minister Theresa May's Brexit plan, while global stocks climbed. The pound's surge after the lopsided vote su more

Canada's legal cannabis drives prices up 17%

January 16, 2019

OTTAWA, Canada (AFP) — The average price of cannabis in Canada went up 17.4 percent after its legalisation, according to data released by the government statistical agency. Since legalisation of recreational use last October, prices have jumpe more

Facebook follows Google with funds to support journalism

January 16, 2019

WASHINGTON, United States (AFP) — Facebook announced yesterday that it will invest US$300 million over three years to support journalism, with an emphasis on promoting hard-hit local news organisations. The move, on the heels of a similar init more

SUVs, trucks and sports cars take centre stage at Detroit auto show

January 16, 2019

DETROIT, United States (AFP) — SUVs, trucks and sports cars took centre stage Monday as a subdued Detroit auto show kicked off with fewer carmakers and more uncertainty. Automakers have all but abandoned compact cars and sedans, an ever-shrin more

China's global trade surplus fell 16.2% in 2018 — Customs

January 16, 2019

BEIJING, China (AFP) — China's global trade volume rose last year but its surplus fell again, as its imports outpaced its exports, official data released Monday showed. Total trade reached US$4.62 trillion, a 12.6 per cent rise from 2017, acco more

Outlook for Jamaica's international trade in 2019

January 16, 2019

The prospects for expanding exports depend significantly on the state of the economy and its trading partners. The major global economic institutions, such as the International Monetary Fund (IMF), the Inter-American Development Bank (IDB), and the more

Jamaica, Petrojam and a beleaguered Venezuela

January 16, 2019

With his country in economic shambles and facing an uncertain political future, Nicolas Maduro was sworn in as president of Venezuela for a second term last Thursday. A significant number of countries, including Jamaica, have criticised the election more

Bolsonaro to headline Davos meet in Trump's absence

January 16, 2019

GENEVA, Switzerland (AFP) — Brazil's new far-right President Jair Bolsonaro is expected to be the star attraction at this year's Davos Forum, taking place next week at a time of “profound global instability”, according to organisers more

This Day in History — January 16

January 16, 2019

Today is the 16th day of 2019. There are 349 days left in the year. TODAY'S HIGHLIGHT 1978: NASA names 35 candidates to fly on the space shuttle, including Sally K Ride, who became America's first woman in space, and Guion S Bluford Jr, who became more

Jamaica mango exports for hot water treatment

January 16, 2019

Ministry of Industry, Commerce, Agriculture and Fisheries (MICAF) has begun accepting applications for consultancy services on the design of a mango hot water treatment plant at the Norman Manley International Airport. The request for tender follo more

Bridge opens in East Rural St Andrew community

January 16, 2019

MORE than 6,000 residents in the Taylor Land community of St Andrew East Rural now have easier access to their homes, following the opening of a bridge in the area on Monday. Speaking at the official opening, Member of Parliament for the area Juliet more

South Africa's neighbours slap import bans over foot-and-mouth disease

January 16, 2019

JOHANNESBURG, South Africa (AFP) — Countries neighbouring South Africa have banned the import of cloven-hoofed animals and their products over a foot-and-mouth disease breakout in the northern Limpopo province, Government said Monday. On Monda more

Zimbabwe to re-introduce local currency within a year — minister

January 16, 2019

HARAARE, Zimbabwe (AFP) — Zimbabwe will reintroduce a local currency “in less than 12 months”, after using the US dollar and regional currencies since a hyperinflation crisis a decade ago, the finance minister said in an interview p more

Haley, Ivanka Trump among possible World Bank nominees — report

January 16, 2019

WASHINGTON, United States (AFP) — Former UN Ambassador Nikki Haley and US President Donald Trump's daughter and adviser Ivanka are among possible US candidates to replace outgoing World Bank President Jim Yong Kim, The Financial Times reporte more

Trump promises citizenship path for skilled workers

January 16, 2019

WASHINGTON, United States (AFP) — President Donald Trump said Friday he would make it easier for top-skilled workers to stay in the United States and become citizens, offering uncharacteristic praise for immigrants' contributions. Trump pledge more

Indies Pharma ends year with $120 million in profit

January 16, 2019

Just over a year after listing on the Junior Market of the Jamaica Stock Exchange, Indies Pharma has closed the 2018 financial year with profits of $119.7 million. The pharmacy's 2018 year-end profit comes in $17.6 million less than Indies Pharma p more

Rewarding children's behaviour with screen time can lead to more screen time

January 16, 2019

NEW Canadian research has found that parents who reward their children with screen time for good behaviour could be encouraging children to spend more time in front of a screen, especially on weekends. Carried out by researchers at the University of more

Embarrassing conditions that affect women during pregnancy

January 16, 2019

  PREGNANCY is marked by a number of bodily changes and moms-to-be look forward to the amazing new features such as glowing skin, a thick head of hair, and of course the gorgeous bump. Unfortunately, consultant obstetrician-gynaecologist Dr Keisha B more

Nature's babies better behaved

January 16, 2019

NEW research from Hong Kong has shown that children who spend time in nature may benefit from fewer behavioural and emotional problems and improved pro-social behaviour. Carried out by researchers at the University of Hong Kong and the University of more

8 years on, Tunisians say revolt gave them 'freedom' but not 'dignity'

January 16, 2019

DOUAR HICHER, Tunisia (AFP) — Young Tunisians say the revolution they staged eight years ago to oust their longtime dictator has failed to restore their “dignity” and ease the North African country's economic woes. “Since the more

German growth slows to 1.5% in 2018

January 16, 2019

FRANKFURT, Germany (AFP) — Growth in the German economy fell to 1.5 per cent in 2018, official data showed yesterday, representing a marked slowdown from the previous year's figure. Officials from federal statistics authority Destatis told a B more

Scotia banks on tourism

January 16, 2019

Scotiabank President and CEO David Noel (left), and Director of Tourism Donovan White (right) affix their signatures to the $7.2-million agreement that places Scotiabank as gold sponsor of the upcoming Caribbean Travel Marketplace slated to be held i more

Gov't allays investment fears over Venezuela vote

January 16, 2019

  Foreign Affairs Minister Senator Kamina Johnson Smith has sought to allay fears that Jamaica may have put its future foreign investment relations at risk by voting with other Organization of American States (OAS) countries to not recognise Nicola more



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