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Economy

IMF chief says markets have good reasons to be more upbeat on economy

The head of the International Monetary Fund (IMF) said on Monday that financial markets have good reason to be more upbeat, pointing to the...

UK faces record hit to living standards

LONDON--Britain faces a record hit to living standards this year as surging inflation erodes incomes, the country's budget forecasters warned, after finance minister Jeremy...

Jamaica – Economy Grew By 4.8 Per Cent Between April and June

The Statistical Institute of Jamaica (STATIN) is reporting that the economy grew by 4.8 per cent over the April to June 2022 quarter, compared...

Jamaica – BOJ Projects Growth Within Range of 2.5 % and 4.5 % for 2022/23

The Bank of Jamaica (BOJ) is projecting 2022/23 fiscal year growth to be within the range of 2.5 per cent and 4.5 per cent. Governor,...

Uber attracts record number of drivers as cost of living bites

The number of people driving for Uber has hit an all time high, as concerns about the rising cost of living push people to...

IBM beats quarterly revenue estimates, warns of $3.5 bln forex hit

IT hardware and services company IBM Corp beat quarterly revenue expectations on Monday but warned that the hit from forex for the year could be...

Caribbean Encouraged To Tap Into IMF’s Resilience And Sustainability Trust

International Monetary Fund (IMF) Caribbean Member Countries are being encouraged to lead take-up of the institution’s multibillion-dollar Resilience and Sustainability Trust (RST). The RST is...

Cisco crashes to 18-month low as China lockdown raises supply doubts

 (Reuters) Cisco Systems Inc (CSCO.O) shares on Thursday touched an 18-month low after the company warned of persisting shortages in components, worrying Wall Street on how...

IMF Reaches Staff Level Agreement on the Seventh Review of Barbados’ Economic Program under the Extended Fund Facility

IMF team reaches a staff level agreement with the Barbadian authorities on the seventh and final review of Barbados’ Economic Recovery and Transformation program...

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