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No Air Jamaica sale, no IMF – Divestment of national carrier tied to negotiations with lending agency

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WESTERN BUREAU: The US$200-million divestment cost of the national carrier Air Jamaica could be one of the major factors causing the delay in concluding negotiations with the International Monetary Fund (IMF). The deadline to wrap up the IMF loan was originally slated……

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Media associations mull code of ethics

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Members of the Press and Media associations of Jamaica (PAJ)/(MAJ), met yesterday at the Knutsford Court Hotel in Kingston to discuss the code of practice document. This document, now in its ‘draft stage’, once becoming official, will replace the old 1965 Code of Ethics…

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More policing help – Hallihan – New Canadian high commissioner says his country is willing to assist

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CANADIAN HIGH Commissioner Stephen Hallihan says his country is willing to do more to assist Jamaica in improving national security management. Canada has already assisted Jamaica in the introduction and application of polygraph techniques, as well as in financing…

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Another downgrade hits Jamaica

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Claiming Jamaica appears close to defaulting on its debts, ratings agency Moody’s Investors has downgraded the country’s local and foreign currency bonds from B2 to Caa1 with a negative outlook. Yesterday, Moody’s said delays in reaching an agreement…

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Christie blames politicians for view of corruption

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The Office of the Contractor General (OCG) is pointing the finger at Jamaica’s Cabinet and Parliament for Jamaica’s consistent decline in Transparency International’s annual Corruption Perceptions Index over the last three years. “It is the OCG’s…

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Citi raises salaries for CFO, global markets head

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Citigroup Inc said its chief financial officer and co-head of global markets are getting raises, while CEO Vikram Pandit will continue to collect a salary of US$1 per year. Citigroup, based in New York, faces restrictions on executive compensation…

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Judge’s illness forces ‘Bungles’to wait

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Superintendent Harry ‘Bungles’ Daley will have to wait another month to know his fate in the corruption case being brought against him in the Corporate Area Criminal Court. Resident Magistrate Judith Pusey yesterday delayed handing down her verdict…

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Braeton haunts – Premises notorious for being the site of a controversial police shooting remains unused

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One THOUSAND and eighty-eight Fifth Seal Way in Braeton, St Catherine, will forever be etched in the minds of Jamaicans the length and breadth of the country. It is the place where, on March 14, 2001, seven Jamaicans were shot and killed….

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