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Wednesday, September 18, 2024

Jamaica

The Federal Reserve of the United States on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive for American consumers. The rate cut, the Fed’s first in... Read more
Published on: 2024-09-18
Source: Jamaica Observer
LONDON/SAN FRANCISCO :Climate shocks – from heatwaves to droughts, floods to wildfires – often hit women the hardest. New research published this May in The Lancet found that even in wealthy European countries, women died at nearly twice the rate as men from extreme heat over the last two decades.... Read more
Published on: 2024-09-18
Source: Jamaica Observer
LONDON: There was not one American flag behind Kamala Harris as she accepted the nomination at the Democratic National Convention. There were six, draped from golden masts topped with bald eagles. As she finished speaking, red, white, and blue balloons and cutout stars fell from the ceiling. The aesthetic was... Read more
Published on: 2024-09-18
Source: Jamaica Observer
WASHINGTON, DC : The rising cost of living in Africa has triggered a wave of protests in recent months, underscoring the disproportionately higher economic and social costs of inflation on a continent with persistent widespread poverty and heightened vulnerability to global volatility. The world, it seems, is now living through... Read more
Published on: 2024-09-18
Source: Jamaica Observer
NEW DELHI :There is no denying that plastics have delivered tremendous benefits over the past century, driving technological innovation, transforming healthcare, and fuelling global economic growth. But as we now know, this progress has come at great cost. The adverse consequences of our overreliance on plastics are well-documented. From the... Read more
Published on: 2024-09-18
Source: Jamaica Observer
Prime Minister Andrew Holness, while rejecting some of the startling findings of the investigation by the Integrity Commission into his statutory declarations, said yesterday that the report has cleared him of involvement in any illicit enrichment. Speaking in Parliament yesterday afternoon, Holness defended his financial affairs while adding that he... Read more
Published on: 2024-09-18
Source: Jamaica Observer