July 11, 2025 President Donald Trump has announced a sweeping 35% tariff on Canadian imports, effective August 1, intensifying trade tensions with the U.S.'s northern neighbour. The decision, shared via social media and in a formal letter to Canadian Prime Minister Mark Carney, is part of a broader tariff strategy targeting over 20 countries. Trump
July 09, 2025 Barbados is set to become the first nation to use a new standardised debt swap facility designed to help countries redirect funds from high-interest loan payments to development projects, finance officials told Reuters. Dubbed a "debt-for-resilience" facility, the multi-billion dollar program is backed by four major development banks. It is expected that
July 9, 2025 Dr. the Most Hon. Andrew Holness, Prime Minister of Jamaica and Chair of the Caribbean Community (CARICOM), has challenged the Region to think strategically and focus on the values of unity in the current global environment. “As small states, we are vulnerable not just to global economic shocks and natural hazards but
July 9, 2025 Net International Reserves – June 2025 BOJ has reported that Jamaica's Net International Reserves as at June 30, 2025, stood at US$5,835.60 million, reflecting an increase of US$36.02 million when compared to the US$5,799.57 million reported at the end of May 2025. Foreign Assets totalled US$5,864.78 million, US$23.58 million more than the
July 4, 2025 The Statistical Institute of Jamaica (STATIN) reported that the Jamaican economy experienced a growth of 1.1 per cent in the first quarter of 2025 when compared to the same period in 2024. This overall expansion was driven by positive performances in both the Goods and Services industries, which recorded growth rates of
July 04, 2025 By the end of this year, the tourism sector is projected to contribute approximately US$21.1 billion to the Dominican Republic’s gross domestic product (GDP), accounting for 15.8% of the national economy, according to estimates from the World Travel & Tourism Council (WTTC). The Economic Impact Research report, presented yesterday and prepared by
July 02, 2025 Government Operations Results for May 2025 Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their
June 30, 2025 US consumer spending dipped in May, with households curbing discretionary purchases amid concerns about a weaker domestic jobs market, potential tariff-driven spike in inflation and ongoing economic uncertainty. Real consumer spending, adjusted for inflation, fell 0.3% from April, the biggest monthly drop since January, according to a June 27 report from the
June 26, 2025 The euro area’s annual inflation rate was 1.9% in May 2025, down from 2.2% in April. A year ago, the rate was 2.6%. Annual inflation in the European Union fell to 2.2% in May 2025, from 2.4% in April. A year earlier, the rate was 2.7%. Cyprus had the lowest yearly rate (0.4%), followed by France
June 25, 2025 On June 12, 2025, the Executive Board of the International Monetary Fund (IMF) concluded its Article IV consultation with Jamaica. The Board endorsed the staff appraisal without convening a formal meeting, and the Jamaican authorities have agreed to publish the accompanying Staff Report. Jamaica has made notable progress over the past decade
