MONTEGO BAY, St James — In response to a recent call for the pegging of the Jamaican currency to the US dollar, Minister of Finance Dr Nigel Clarke has highlighted the creation of 100,000 jobs among a raft of tangible gains the economy has derived from the current floating exchange rate regime.
Private Sector Organisation of Jamaica (PSOJ) President Howard Mitchell yesterday reiterated his call for action to reduce the extreme volatility of the exchange rate. At the same time, he appeared to be carefully walking back his proposal to peg the Jamaican dollar to its US counterpart that received sharp criticism from the International Monetary Fund (IMF) this week.
AN executive of a popular pawnshop in Kingston, where members of the so-called Uchence Wilson Gang had allegedly pawned and sold stolen items, yesterday maintained that the financial institution does not do transactions with stolen goods.
FORMER co-workers of slain teacher Samuel Martin, whose body was found in bushes in Juno Crescent, May Pen, Clarendon, yesterday, are shocked and saddened by his death. One former colleague, who spoke on condition of anonymity, said that the ordeal has left her speechless.“I was hoping that they would have found him alive, even if he had bruises, but alive. It is very disheartening,” she said yesterday.
AS many as 500 Jamaicans are expected to be employed during filming of the 25th James Bond movie for which production kicks off on Sunday in Portland.The world’s most famous film franchise was launched yesterday at iconic Golden Eye resort in St Mary. It is the former home of James Bond creator, British author Ian Fleming, where he wrote the 12 novels and two collections of short stories and introduced the suave super sleuth.
CHINA Harbour Engineering Company (CHEC) is to spend just over $1 billion to cover the planning and development cost for the long-proposed Naggo Head Technology Park in Portmore, St Catherine, and the Morant Bay Urban Centre in St Thomas.This will represent approximately eight per cent of the total cost of the two developments which have been on Jamaica’s wish list for years.
ROSE HALL, St James — The University of the West Indies (The UWI) senior lecturer and head of the Institute of Gender and Development Studies Dr Leith Dunn has cited the socialisation of boys as a contributing factor to violent behavioural challenges in schools.
Today is Friday, April 26, the 116th day of 2019. There are 249 days left in the year.Today’s Highlight:1865: John Wilkes Booth, the assassin of President Abraham Lincoln, was surrounded by federal troops near Port Royal, Virginia, and killed. OTHER EVENTS:1564: William Shakespeare was baptised at Holy Trinity Church in Stratford-upon-Avon, England.
ST GEORGE’S, Grenada (CMC) — Senate President Chester Humphrey says the lyrics in certain genres of music are contributing to the growing cases of sex-related offences in Grenada and is also blaming Carnival activities and radio stations for contributing to the situation.“They promote the sexual objectification of women, the lyrics are essentially an instruct in sexual anatomy and it’s played openly,” Humphrey told legislators.
LORD Bishop of Jamaica and the Cayman Islands Howard Gregory has come out in strong opposition to what he refers to as a growing trend across both the private and public sectors in the island concerning the business of employing workers on fixed-term contracts.Citing varying industries, he said the employment practices of many organisations must be brought under the microscope to evaluate the complete picture as it affects Jamaicans at large.
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