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  • Pope denounces 'din of rich few' on World Day of Poor

    November 21, 2018 6:31 AM 9

    VATICAN CITY, Holy See (AFP} — Pope Francis railed against social inequality Sunday, lamenting “the din of the rich few” drowning out the voice of the needy, as he marked the second World Day of the Poor. At a mass attended by about 6,000 poor people at St Peter's Basilica in Rome, the pope noted that “injustice is the perverse root of poverty

  • Between the Rock and a hard Brexit: New hurdle for EU

    November 21, 2018 6:31 AM 10

    BRUSSELS, Belgium (AFP) — It has long been Northern Ireland that has bedevilled efforts to negotiate an orderly Brexit, but now another British territory has emerged to haunt the talks: Gibraltar. With the hours counting down to Sunday's summit to sign an accord on overseeing Britain's departure form the European Union, Spain has threatened to bring

  • Groups target European coal companies over harmful emissions

    November 21, 2018 4:40 AM 8

    Environmental groups claimed on Tuesday that 10 utility companies are responsible for the majority of premature deaths caused by emissions from coal-fired power plants in Europe. In a report on the health impacts of coal emissions across Europe, five campaign groups blamed the utility companies for 7,600 premature deaths and millions of work days lost because

  • IDB provides funds to strengthen national health care system

    November 20, 2018 5:20 AM 7

    WASHINGTON, United States (CMC) — The Inter-American Development Bank (IDB) says it is providing US$100 million in loans to Jamaica to help strengthen its national health care system. The Washington-based financial institution said that the funds will aid Jamaica's fight against non-communicable diseases (NCD). The strengthening of Jamaica's health policies

  • IDB signs loan agreement with Barbados

    November 19, 2018 3:22 PM 9

    The President of the Inter-American Development Bank (IDB), Luis Alberto Moreno, says the US-based financial institution will continue to develop “innovative and practical solutions” to meet the needs of its borrowing member countries as he signed a US$100 million loan agreement with the Barbados government. “Today’s signing of this unprecedented Special

  • Grenada on target to meet visitor arrivals figure

    November 16, 2018 6:07 AM 9

    ST GEORGE'S, Grenada (CMC) — Grenada says it is gearing to welcome half-a-million visitors to the island with tourism officials backing its “marketing beyond the main hub” campaign. “We're on track to meet our target of 500,000 overall visitors to Grenada, Carriacou and Petite Martinique this year and being at World Travel Market provided an unrivalled

  • Hong Kong domestic helpers jump in deep end

    November 14, 2018 7:44 AM 9

    HONG KONG (AFP) — Every Sunday in Hong Kong the city's army of domestic helpers packs into parks or onto pavements, bridges and walkways on their one mandatory day off. With a marginalised position in society and low income, the force of more than 300,000 maids, mainly women from Indonesia and the Philippines, can find it hard to access public facilities

  • Diageo sells drinks portfolio for US$550m

    November 14, 2018 7:44 AM 11

    LONDON, United Kingdom (AFP) — British drinks giant Diageo announced Monday the sale of Seagram's VO whisky and 18 other brands to US firm Sazerac for US$550 million, to focus on premium US labels. The deal, worth 488 million euros, will also see Diageo offload Seagram's 83 and Seagram's Five Star, as well as Goldschlager schnapps, Myers's rum, Peligroso

  • JN Bank nets $997m in year one

    November 13, 2018 5:57 AM 13

    Despite recording a decline in surplus, Chief Executive Officer of the Jamaica National Group Limited, Earl Jarrett, reassured members that the company performed creditably in its first full year of operation as a commercial bank. JN Bank was launched in February 2017 following a seven-year long transformation process to bring the JN Group in line with regulations

  • US Treasury extends sanctions deadline for Windalco's parent company

    November 12, 2018 1:12 PM 12

    The US Treasury has again extended a deadline for customers of Windalco's parent company Rusal to wind down their contracts and business. he Office of Foreign Assets Control, the arm of the Treasury which oversees US sanction policy, said it would delay until January 7, 2019, a deadline to wind up contracts and businesses with Rusal and its parent company