The International Monetary Fund, IMF, warns that artificial intelligence could pose a risk to global energy. That’s according to the Fund’s latest World Economic Outlook released on Tuesday. The IMF warns too, that the growing demand for artificial intelligence could also impact the environment. Mahiri Stewart has that story. As demand for the Artificial Intelligence […]

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The Ministry of Health is recommending an increase in the retirement age to help reduce poverty among the elderly. This is one of several recommendations by the Ministry to the Senate Committee on the Care of the Elderly. The health ministry also says there’s a need for urgent legislative attention to satisfy the needs of […]

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Pierre-Olivier Gourinchas, Chief Economist of the International Monetary Fund (IMF), speaks at a news conference on April 16, 2024, in Washington. (AP Photo/Jacquelyn Martin, File) The International Monetary Fund, IMF, has reduced its global growth projections for 2025 because of the wave of recent economic uncertainty. That’s according to its latest World Economic Outlook, WEO, […]

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The Managing Director of the International Monetary Fund, IMF, Kristalina Georgieva, warns that smaller economies like Jamaica will be the ones to suffer the most from the ongoing clash of titans in trade. She’s calling on such nations to focus on building resilience and entrenching prudent fiscal reforms. Mrs. Georgieva was delivering the IMF’s Curtain […]

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The Electoral Commission of Jamaica, ECJ, says it’s unable to give a timeline for the completion of its work on the boundary adjustments required to transition Portmore into a parish. Director of Elections, Glasspole Brown, fielded questions from lawmakers at a meeting of Parliament’s Constituency Boundaries Committee on Wednesday. Mahiri Stewart tells us more. The […]

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Jodian Aris, vice-president for research and strategy at Sagicor Investments. At least two experts believe the budget as outlined for the current fiscal year, should inspire confidence among investors. Vice-president for research and strategy at Sagicor Investments, Jodian Aris, says the budget provided a stable, predictable outlook upon which businesses can properly plan. Jodian Aris, […]

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Consumer Confidence in the Jamaican economy has risen to an all-time high in the first quarter of 2025. But, Business Confidence over the period has fallen. That’s according to the latest results of the Jamaica Chamber of Commerce Business and Consumer Confidence survey published on Tuesday. The survey was conducted by Market Research Services Limited, […]

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Chairman of the US Central Bank, the Federal Reserve, Jerome Powell, is warning that the tariffs of US President Donald Trump, will likely trigger growing inflation and price increases. But, Mr. Powell informed the country on Wednesday that the full effect of the Trump tariffs will be better understood in the coming months. Jerome Powell, […]

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Jamaica’s unemployment rate was measured at 3.7 per cent at the end of January 2025, marginally higher than the 3.5 per cent recorded at the end of the October 2024. That’s according to the Statistical Institute of Jamaica, STATIN. Robian Williams tells us more. In October of 2024, Jamaica recorded an unprecedented unemployment rate of […]

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Project Director of the Constituency Development Fund, CDF, Kedesha Campbell Rochester, is calling for the reinstatement of regional officers to help address understaffing. Speaking at Tuesday’s meeting of the CDF Committee, Mrs Rochester says there are only seven project managers across all 63 constituencies. Currently a single project manager for the CDF must juggle the […]

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