January 24, 2022 According to the statistical office of the European Union (Eurostat), the third quarter seasonally adjusted general government deficit of GDP ratio was 4.0% for euro area and 3.7% in EU. “Significant decreases in the deficits compared to the second quarter of 2021 were observed, but the deficits remained at a high level
United States: Fed Seen Taking a Step Toward March Rate Increase: Eco Week “Jerome Powell and his fellow Federal Reserve policy makers are expected to signal their first interest-rate hike since 2018, paving the way for a March move as the U.S. central bank tries to extinguish red-hot inflation.” https://www.bloomberg.com/news/articles/2022-01-22/fed-seen-taking-a-step-toward-march-rate-increase-eco-week?srnd=economics-vp Europe: U.K. Services Firms Hike
January, 21, 2022 Productive Business Solutions Limited (PBS) has advised that a Special Meeting of the holders of Common Shares of the Company will be held on February 10, 2022 at 10:00 a.m. (Barbados time) in a virtual format. The record date for determining the shareholders of the Company entitled to receive notice of, to
January 21, 2022 SSL Venture Capital Limited (SSLVC) has advised that the company has received an offer from Micro-Financing Solutions Limited on January 17, 2022 to purchase 100% of the Company’s issued share capital at the price of $0.0948 per ordinary share. The company has further advised that details of the Offer will e published
January 21, 2022 The government debt to GDP at the end of the third quarter of 2021 in the euro area was £11,731.49 billion, which is 97.7% of GDP. In comparison to the second quarter, debt amounted to £11,607.75 billion, 98.3% of GDP. Relative to the third quarter of 2020 the debt rose from £11,098.57,
United States: U.S. Inflation Hope, Fed Watch, Canada Rate Fears: Eco Day “U.S. Treasury Secretary Janet Yellen said she continues to forecast inflation falling close to 2% by the end of 2022. Federal Reserve officials will signal next week they’ll raise interest rates in March for the first time in more than three years and
January 20, 2022 Productive Business Solutions Limited (PBS) has declared a dividend in the sum of $126,808,767.01 to the Cumulative Preference Shareholders on record as at December 31, 2021. The dividend is payable on January 31, 2022. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited
January 20, 2022 Scotia Group Jamaica Limited (SGJ) has advised that Dr. Adrian Stokes, Head of Insurance and Wealth, will be leaving the Company effective February 19, 2022 to pursue other opportunities. SGJ has further advised that Debra Lopez-Spence will continue as President of Scotia Jamaica Life Insurance Company Limited (SJLIC) and Gary-Vaughn White, Senior
January 20, 2022 Wigton Windfarm Limited (WIG) has advised that the Company has obtained the necessary approvals from its existing Bondholders to amend and restate Bonds B, C and D. The restatement of the Bonds will result in savings in the finance expense of the Company over the seven (7) years lifetime of the Bonds.
January 20, 2022 Consolidated Bakeries (Jamaica) Limited (PURITY) has advised of the new composition of the Company’s Compensation Committee as per Board of Directors’ approval on Wednesday, January 12, 2022, which is as follows: Mr. Noel daCosta (Chairman, Independent member) Mr. Anthony Chang (Executive member) Mr. Marshall Ogle (Independent member) Mr. Lissant Mitchell (Independent member)
