Month: February 2010

Default Abeng Image

Air Jamaica – Let it Go, Let it Go, Let it Go

The state owned national carrier Air Jamaica has been getting a lot of attention as the country grapples with what to do with the perennial loss making carrier during testing financial times. Since it began operating in 1968, it has experienced its share of expansion and contraction and only once recorded an operating profit in …

Air Jamaica – Let it Go, Let it Go, Let it Go Read More »

Default Abeng Image

Fund Spins Positive Face on Ja Deal

The International Monetary Fund has put out a video that sells its new $1.25 billion agreement with Jamaica in a positive light. Past agreements in the 1970s and 80s resulted in severe hardships on wage earners, as public sector jobs were cut, social services reduced or eliminated and public assets sold.

Mark Lee

About Mark Lee

Editor, author and writer with career spanning print, radio, television and new media.

Default Abeng Image

IMF Approves $1.25 billion Stand-by Loan to Jamaica

The International Monetary Fund has approved a US$1.25 billion loan to support Jamaica’s economic reforms and help the country cope with the consequences of the global financial crisis, Trevor Alleyne, the IMF’s mission chief to the island announced in Washington, Thursday. Alleyne said the executive board approved the loan Thursday and the period to be …

IMF Approves $1.25 billion Stand-by Loan to Jamaica Read More »

Mark Lee

About Mark Lee

Editor, author and writer with career spanning print, radio, television and new media.

Default Abeng Image

Jamaica lands $500M China Deal

The governments of Jamaica and China have signed agreements valued more than US$500 million, a release from the office of the island’s prime minister said Thursday. The agreements cover the construction of affordable housing, road repair and rehabilitation as well as shoreline protection and rehabilitation on the Palisadoes roadway which links the island’s main airport …

Jamaica lands $500M China Deal Read More »

Default Abeng Image

Puppets of the IMF

David Comissiong, president of the People’s Empowerment Party (of Barbados) argues that the island and other Caribbean countries are becoming puppets of the International Monetary Fund (IMF) and marginalising their vulnerable populations.

David Comissiong

About David Comissiong

David Comissiong is a Barbadian attorney-at-law and political activist.

Default Abeng Image

Rex Nettleford – Country Boy to Urbane Icon

His is another of the stories of country come to town; the boy who left his dirt poor rural community for the brighter lights of his country’s tourist city of Montego Bay for his secondary schooling, who ended up an Oxford Rhodes scholar and then becoming head of the Caribbean’s premier institution of higher learning, …

Rex Nettleford – Country Boy to Urbane Icon Read More »

Mark Lee

About Mark Lee

Editor, author and writer with career spanning print, radio, television and new media.

× Your story idea