Phillip Paulwell is advocating that the Government use its 20 per cent minority interest in the Jamaica Public Service Company (JPS) to break the power generator and distributor's monopoly on the sale of electricity in Jamaica, and allow other producers to sell directly to users.

Effective midnight tonight, Air Jamaica will cease to be a Jamaican-owned entity, and the 'little piece of Jamaica that flies' will be operating under a transition agreement on behalf of the Trinidad-based Caribbean Air-lines Limited (CAL).

In modern Jamaica, for at least a decade and a half, the idea of creating an inter-national financial centre has been alive, with greater or lesser enthusiasm as the country's projected economic fortunes ebbed and flowed.

Prime Minister George Papandreou warned of more "painful" decisions for Greeks Thursday amid violent protests and a caution from rating agency Moody's of a possible "multi-notch downgrade".