The Jamaica dollar appreciated by three cents on Monday to re-enter the $154 range. The dollar closed at $154.97 on Monday from $155 on Friday. It was the first time that the […]
Jamaica: Jamaican dollar re-enters $154 range
Dominican Republic: Reclassification of companies should benefit workers
Santo Domingo.- Companies that, due to the reclassification approved Wednesday, have mixed parameters that correspond to establishments of different sizes, should be assumed in the most convenient range for their workers. Resolution […]
Bahamas: FISCALLY CHALLENGED: Annual income barely increased after 30 years but debt ballooned, economist notes
NASSAU, BAHAMAS — Despite global technological advances and industrial developments over the past three decades, Bahamians have only seen $503 more per person in annual income, according to a regional economist. Marla […]
Futures Slide For Second Day Amid Renewed Virus Worries
S&P 500 and Nasdaq 100 stock futures extend declines for a second day, with both down about 0.5% as of 7:00 am in New York as travel and leisure stocks led the […]
“Calm Returns”, Futures Rebound As Yields Drop After Historic Pounding
Global bond yields slid on Friday following Thursday’s epic meltdown as markets returned to firmer footing at the end of a week that saw the biggest decline in the Nasdaq 100 since […]
Jamaica: BLACK EYE FOR BUSINESS – Leaders lament fallout from 8 pm COVID curfew
The Government’s imposition of tougher curfew restrictions in the wake of record one-day coronavirus infections has been cast by business interests as a crippling blow to an already tanking economy that would […]
The Staggering Levels Of Real “Inflation-Adjusted” Gold And Silver Prices
In economics, a real value refers to any value that has been adjusted for inflation. A nominal value is a value that has not been adjusted for inflation. Inflation here refers to […]
Google Doodle honours Sir Arthur Lewis
St Lucia’s Nobel Laureate, economist and professor Sir William Arthur Lewis is being celebrated by Google 41 years after he was awarded the Nobel Laureate Prize in economics. Lewis was the first […]
Bahamas: Central Bank, Ministry of Finance dismiss debt default speculation
NASSAU, BAHAMAS — Both the Central Bank and the Ministry of Finance have strongly denounced speculation that The Bahamas will likely default on its sovereign debt obligation, with the latter describing the […]
Bulls Are Readying Shopping List Beyond Christmas
As investors enter the final month of a roller-coaster year for markets, the view ahead appears rosy whether you ask economists, portfolio managers or strategists. With few alternatives to equities on the […]
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