02082012Headline:

Jet passenger held in airline mercury spill

An airline passenger faces United States federal charges after illegally carrying mercury that leaked inside his suitcase, forcing Puerto Rico’s main international airport to shut down several terminals and delay numerous flights…. Read [...]

Should Shaw go? – Analysts have mixed views on whether the finance minister should resign

Finance Minister Audley Shaw is coming under increasing pressure as Jamaica faces what is widely accepted as one of its worst economic challenges since Independence. With several questions being asked, even before he was given control of the [...]

Venezuela to pay down oil debt – Expects crude prices to drive up economy

Venezuela’s state oil company says it has agreed to pay down a US$1 billion loan secured from its United States-based affiliate over a year ago.Petroleos de Venezuela SA said in a statement it would start paying the loan … Read the [...]

Carib Cement sales grow as exports climb – Threatens to sue over local market share

Still facing the prospect of further competition from imports, monopoly cement producer Caribbean Cement Company Limited’s domestic sales slumped in the June quarter but were offset by cement and clinker exports… Read more from the [...]

Air Jamaica, NCB ratings also cut

Standard & Poor’s has cut credit ratings on Air Jamaica and National Commercial Bank of Jamaica, bringing them in line, as its policy dictates, with Jamaica’s sovereign ‘CCC+’ rating on local and foreign currency [...]
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