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Jamaica Gleaner Business
published: Thursday | October 9, 2008

Central banks unify on rate cuts to contain crisis - Britain announces £50b rescue
European governments sought to contain the deepening world financial crisis on Wednesday, with Britain stepping in to help its hard-pressed banks and Russia shutting down its biggest stock market for two days. But the greatest relief to markets...

Caribbean Week of Agriculture - Region was not prepared for EPA talks - official

KINGSTOWN, St Vincent: The Caribbean was unready for the negotiations on agriculture under the controversial Economic Partner-ship Agreement (EPA), a senior negotiator said this week at an agriculture conference in Kingstown...

Pension benefits to increase November

Government has announced an increase in pension benefits. Finance Minister Audley Shaw said in the House of Representatives on Tuesday that $450 million has been provided for the increase, which would help to "minimise the effects of increase in the cost of living".

Panic hits Latam markets for third day

Investors panicked again Wednesday across Latin America, sending shares diving in a third straight day of extremely volatile trading amid fears a recession is gripping the planet and hurting the region's largest economies.Colombia's IGPC index led...

AIG execs treat themselves to posh retreat

The White House said on Wednesday it was "despicable" that American International Group Inc executives spent hundreds of thousands of dollars on a posh California retreat just days after getting a federal bailout.





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