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Reacting to the over 99% participation success rate of the Jamaica Debt Exchange (JDX), Standard & Poor's (S&P) on Wednesday (February 24) upgraded Jamaica's long-term foreign and local currency sovereign credit rating to "B-" from "SD". The "B" rating means the country currently has the capacity to meet its financial obligations, but faces major ongoing uncertainties that could impact its...

A loan agreement for US$45 million (J$4 billion) was signed between the Government of Jamaica and the Inter-American Development Bank (IDB) at the bank's headquarters, downtown Washington D.C., on Thursday (February 25). Minister of Finance and Public Service, Hon Audley Shaw, signed on behalf of the Jamaican Government, while IDB president, Luis Alberto Moreno, signed on behalf of the bank....

Minister of National Security, Senator the Hon. Dwight Nelson, has stated that young people need and deserve transformational services that enable them to form a different view of themselves and the communities in which they live. "They must be made to realise that they have the potential to take control of their lives and be responsible for the choices they...

Jamaicans turned out Tuesday (February 23) to say farewell to the late Vice Chancellor Emeritus of the University of the West Indies (UWI), Professor the Hon. Rex Nettleford, at a Thanksgiving Service at the Holy Family Episcopal Church. The two-hour long service began with tributes, reflecting periods of Professor Nettleford's contribution to the development of Jamaica's cultural landscape. Ambassador Dudley...

Newly appointed Custos of Kingston, Steadman Fuller, has pledged to work to bring peace and order to Jamaican communities by promoting Restorative and Community Justice (RCJ) practices. "Carrying out this type of justice will cost less, it will ease the load in the formal justice system (and) it will be of invaluable assistance to the police force," Custos Fuller told...

On the same weekend the world witnessed the prowess of Jamaican skier Errol Kerr at the Vancouver Winter Olympics in Canada, another Jamaican who was also competing in a winter sport on the other side of Canada. Twenty-three-year-old Damion Robb was showing Canadians that, although Jamaica does not have snow, he can race dogs in the snow and win. Damion...

Minister of Finance and the Public Service, Hon Audley Shaw, signed a US$200 million loan agreement with the World Bank, in Washington, D.C. Thursday (February 25). "This loan will support the Government's comprehensive reform programme, to address fiscal and debt sustainability," Mr. Shaw explained, at the signing ceremony,at the World Bank's headquarters in downtown Washington, D.C. The initiative is a...

Minister of Health and Environment, Rudyard Spencer, says road accidents are having a negative impact on the health system. "If we had significantly less accidents, all those bed spaces would be available for primary health care". Minister Spence has urged the Transport Ministry to do its best in ensuring that road users are more careful because of the impact on...

The Ministry of Justice is pleased to announce the appointment of Mrs. Cheryl Davis Ivey as Chief Technical Director, effective February 15, 2010. The Ministry of Justice is moving to become a modernized and policy focused entity. As Chief Technical Director, Mrs. Ivey is the head of the Ministry's Policy and Modernization Division. She leads the Ministry of Justice in...

The Rotary Club of Santa Cruz, in St. Elizabeth, handed over an ambulance to the Jamaica Red Cross Society in the parish, on February 23, to boost its response to medical emergencies in the parish. At the handing over ceremony, held at the St. Matthew's Anglican Church, in Santa Cruz, Custos of the parish, Hon. Alfred Farquharson, said the unit...

The House of Representatives passed three bills on Tuesday (Feb. 23), in keeping with the government's efforts to step-up the pace of legislation in Parliament. Two of the Acts were directly related to the management of public bodies. The third Act seeks to indemnify the JUTC through its self-insurance scheme. The Act to amend the Public Bodies Management and Accountability...

Banker Aubyn Hill has been appointed as Chief Executive Officer (CEO) of the Sugar Company of Jamaica (SCJ) Holdings Limited, which manages the remaining Government-owned sugar estates- Frome, Monymusk and Bernard Lodge. This was disclosed by Minister of Agriculture and Fisheries Dr. the Hon. Christopher Tufton, in a statement to the House of Representatives Tuesday (February 23) at Gordon House....