Good move - Private-sector groups endorse Govt's debt exchange
The government can count on the support of two of the island's leading private-sector groups for the debt-management initiative formally announced yesterday by Prime Minister Bruce Golding. The Private Sector Organisation of Jamaica (PSOJ) and the Jamaica Manufacturers'...

Banks underestimated crisis, but defends bonuses
Wall Street executives said Wednesday they underestimated the severity of the 2008 financial crisis and apologised for risky behaviour and poor decisions. They also defended their bonus and compensation practices to a sceptical commission investigating...

Oil tumbles to lowest levels of 2010
Crude oil futures plunged to their lowest levels of the year Wednesday after the US government reported that supplies grew more than expected.The Energy Information Administration said that the United States' oil stockpiles swelled by 3.7 million...

Region mulls tax on airline tickets
THE CARIBBEAN Hotel and Tourist Association (CHTA) is urging the Caribbean Tourism Organisation to revisit the recommendation of a tax on airline passenger tickets to the region. The call was made at the closing session of the Caribbean Marketplace ...