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Published:Friday | September 17, 2010 | 12:00 AM

CORAL GABLES, Miami:A senior World Bank economist is predicting that Latin America will grow faster than expected this year, driven by booming Brazil and new trade deals with China.Chief economist for Latin America...

Published:Friday | September 17, 2010 | 12:00 AM

CORAL CABLES, Miami: Jamaica will return to borrowing from the international capital markets, and while Finance Minister Audley Shaw placed no timeline on when, he declared in an international forum on Wednesday that Jamaica...

Published:Friday | September 17, 2010 | 12:00 AM

CORAL GABLES, Miami:Haitian Prime Minister Jean-Max Bellerive on Tuesday appealed for countries that had been so quick to promise help after the January earthquake to speed up delivery of the pledges, saying the delays were...

Published:Thursday | September 16, 2010 | 12:00 AM

The over 269.2 million shares offered on the market by three of Lasco's companies in an initial public offering yesterday were oversubscribed in three minutes raising some $650 million, beating the targeted $415 million that was set. Lead broker...

Published:Thursday | September 16, 2010 | 12:00 AM

The National Commercial Bank (NCB)in Jamaica has been cleared of breaching the Money Laundering Act by failing to file threshold reports in relation to a particular account.Resident Magistrate Georgiana Fraser upheld submissions from the bank's lawyers Garth...

Published:Wednesday | September 15, 2010 | 12:00 AM

LONDON (AP):A bigger-than-expected rise in United States (US) retail sales data supported stocks Tuesday, a day after markets rallied on the view that new global bank rules will prove to be less onerous than...

Published:Wednesday | September 15, 2010 | 12:00 AM

NEW YORK (AP): The dollar fell to a new 15-year low versus the yen Tuesday after a key election made Japanese intervention to weaken its currency less likely, analysts said.The dollar also fell below one...

Published:Wednesday | September 15, 2010 | 12:00 AM

CENTRAL ISLIP, New York (AP): The founder of America's leading supplier of body armour to the United States (US) military was convicted Tuesday of charges that he ran a US$185 million stock scheme...

Published:Wednesday | September 15, 2010 | 12:00 AM

HAVANA (AP):Cuba's communist leaders have already determined what soon-to-be-dismissed workers should do after they get pink slips in sweeping government layoffs, detailing a plan for them to raise rabbits, paint buildings, make bricks, collect garbage...

Published:Wednesday | September 15, 2010 | 12:00 AM

PORT-AU-PRINCE, Haiti (AP):Investors are planning a new sight for arrivals at Port-au-Prince's international airport: A seven-story, 240-room luxury hotel, rising just past the runway.The $33 million project announced Monday is one of the largest...

Published:Wednesday | September 15, 2010 | 12:00 AM

ATLANTA (CMC):The Caribbean hotel industry felt the full negative impact of the recent global recession in 2009, registering double digit declines in revenues and profits, according...

Published:Wednesday | September 15, 2010 | 12:00 AM

7 key HABITS to give you an edge - One of the most important discoveries of the past decade in the fields of psychology and success is that 95 per cent of everything that we think, feel, do and achieve is the result of habit.Give yourself an edge in...

Published:Wednesday | September 15, 2010 | 12:00 AM

The government has named a slew of directors for its mining and energy-related companies, but none, so far, for the Petroleumn Corporation of Jamaica (PCJ), whose board was dissolved without public announcement...

Published:Wednesday | September 15, 2010 | 12:00 AM

Caribbean Risk Managers Limited (CaribRM), a subsidiary of the CGM Gallagher insurance group, has retained for another three years, the management a disaster risk insurance fund set up for Caribbean countries with help from the World Bank."...

Published:Wednesday | September 15, 2010 | 12:00 AM

WASHINGTON (CMC): After what was considered to be a "rough 2009", the World Bank says remittances are on the rise again in the Caribbean.

Published:Wednesday | September 15, 2010 | 12:00 AM

ST JOHN'S, Antigua (CMC): The main opposition Antigua Labour Party (ALP) is warning citizens to brace themselves for harsher economic conditions...

Published:Wednesday | September 15, 2010 | 12:00 AM

Courts Jamaica, the island's largest furniture and appliance retailer, is spending over $80 million to upgrade its stores in the towns of Falmouth and Savanna-la-Mar as well as its headquarters in Cross Roads in Kingston....

Published:Wednesday | September 15, 2010 | 12:00 AM

Already more than two years behind schedule, the developers of Harmony Cove now say they expect the construction of the mega-sized casino resort in Trelawny on Jamaica's north shore to start next year....

Published:Wednesday | September 15, 2010 | 12:00 AM

CORAL GABLES, Miami: Commodity export is about a US$400 billion industry for the seven largest economies in Latin America and the Caribbean (LAC), but the region has a poor history of managing the wealth such exports...

Published:Tuesday | September 14, 2010 | 12:00 AM

Students at the Caribbean Maritime Institute (CMI), along with residents of the community of Port Royal, received medical attention during a week-long Wellness Tour held on the campus of the CMI last week....

Published:Tuesday | September 14, 2010 | 12:00 AM

Members of the police team operating in the Newport West (NPW) business district, led by Deputy Superintendent of Police Lorna Brown Bailey, recently engaged business operators on security concerns in the community...

Published:Tuesday | September 14, 2010 | 12:00 AM

Stocks extended their rally into a third week yesterday as investors sent bank stocks higher following new global regulatory requirements and China's economy continued robust growth.A round of corporate dealmaking also gave a lift to stocks.

Published:Tuesday | September 14, 2010 | 12:00 AM

A government legislator, describing as "an elaborate Ponzi scheme" the operations and collapse of the regional insurance giant, CLICO, said he is hoping that legal action would be taken against persons implicated in the matter.

Published:Monday | September 13, 2010 | 12:00 AM

Some are doing all kinds of research, spending millions of the nation's money to find solutions. But in biblical economics, the main key to growth and development is righteousness - everything starts and ends with righteousness.

Published:Monday | September 13, 2010 | 12:00 AM

In 1672, Potosi, Bolivia, was one of the largest and richest cities in the world. Located at the base of Cerro Rico, Potosi was a hotbed of Spanish silver mining, the operations of which were so prolific, a potosi became synonymous with great riches.

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