April 7, 2022 Jamaica is now regarded as one of the world’s fastest-recovering countries, and the Caribbean’s fastest-growing tourist destination, says Minister of Tourism, Hon. Edmund Bartlett. Opening the 2022/2023 Sectoral Debate in the House of Representatives on Tuesday (April 5), he attributed the achievement to the “excellent tactics and polices” that the Government put
United States: Fed Lays Out Plan to Prune Balance Sheet by $1.1 Trillion a Year “Federal Reserve officials laid out a long-awaited plan to shrink their balance sheet by more than $1 trillion a year while raising interest rates “expeditiously” to counter the hottest inflation in four decades. The roadmap for reducing the assets they
April 6, 2022 According to Eurostat, in February 2022, the prices of industrial producer goods rose by 1.1% in the EU and the euro area, compared with January 2022. In comparison to the same month in the previous year industrial producer prices increased by 31.4% in EU and 31.1% in the euro area. Monthly comparison
April 6, 2022 According to Eurostat’s recent report, the EU fourth quarter of 2021, seasonally adjusted current account balance recorded a surplus of €49.6 billion, which is 1.3% of GDP. This represents a decrease of €20 billion, from the third quarter surplus of €69.6 billion, which was 1.9% of the GDP. Also, €75.8 billion less
April 6, 2022 Remittance inflows exceeded US$3.3 billion for 2021, representing an increase of over US$2.9 billion for 2020. Senator Leslie Campbell, minister of State in the ministry of foreign affairs and foreign trade, revealed the figures at the Global Diaspora Summit in Dublin, Ireland. He noted that the increase in remittances during the pandemic
April 4, 2022 On April 4, 2022, the U.S Census Bureau announced that February new orders for manufactured goods declined $2.7 billion or 0.5% to $542.0 billion. This follows a 1.5% gain in January, while, shipments grew by $3.1 billion or 0.6% to $541.0 billion, up twenty-one of the prior twenty-two months. This follows a
April 6, 2022 Government Operations Results for February 2022 For the period of April 2021 to February 2022, the GOJ reported Total Revenues & Grants of $602.59 billion, $12.93 billion less than the Government’s projection. This represented an increase of approximately 22.9% relative to the $490.16 billion recorded for the corresponding period in 2021. ‘Non-Tax
United States: Fed Minutes to Reveal Long-Awaited Details on Balance-Sheet Plan “The Federal Reserve will unveil details of its likely plans to shrink its massive balance sheet with the release of minutes of the U.S. central bank’s March meeting, as policy makers confront the highest inflation in four decades.” https://www.bloomberg.com/news/articles/2022-04-06/fed-minutes-to-reveal-long-awaited-details-on-balance-sheet-plan?srnd=economics-vp Europe: German Factory Orders Fall
United States: U.S. Trade Gap Stays Close to Record as Services Surplus Narrows “The U.S. trade deficit held close to a record in February as the merchandise shortfall shrank and the surplus in services declined, partly reflecting the impact of broadcast rights for the Olympics.” https://www.bloomberg.com/news/articles/2022-04-05/u-s-trade-deficit-stayed-close-to-a-record-in-february?srnd=economics-vp Europe: ECB Policy Normalization Still Appropriate, Schnabel Says “The
April 4, 2022 Click the links below to view Mayberry Jamaican Equities Limited's (MJE) audited financial results for the year ended December 31, 2021. MJE Audited Financial Statements December 31, 2021 Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however, its accuracy and completeness cannot be guaranteed.
