President Maduro Appears in U.S. Court as Venezuela Gets New Acting Leader
Former Venezuelan president Nicolás Maduro appeared in a New York federal court after being captured by U.S. authorities, pleading not guilty to charges that include narco-terrorism, drug trafficking, and money laundering. While Maduro was escorted through Manhattan under heavy security, Venezuela moved quickly at home. Delcy Rodríguez, the country’s former vice president, was sworn in […]
US Takes Control of Venezuela After President Maduro’s Capture
The United States says it will temporarily take control of Venezuela following the capture of President Nicolás Maduro, who has been flown to New York and is expected to face drug and weapons charges in federal court. President Donald Trump says the U.S. will “run” the country during what he calls a “judicious transition,” with […]
Michael Lee-Chin Debt Pressure Puts NCBFG Shares in Focus
Jamaican-Canadian billionaire Michael Lee-Chin is facing a moment that markets rarely ignore: debt pressure at the top, uncertainty below, and investors watching closely. Lee-Chin is considering selling part or all of his controlling stake in NCB Financial Group Limited as he works to settle a US$94 million bond payment now due, with total bond obligations […]
Slow Hurricane Rebuilding Could Keep Prices High for Longer, BOJ warns
Jamaica’s inflation problem isn’t just about the damage left behind by Hurricane Melissa — it’s about how slowly the country is rebuilding. That’s the warning coming from the Bank of Jamaica, which says delays in turning recovery money into actual repairs could push prices even higher across the economy. Governor Richard Byles says close to […]
More Cash Flowing Into the System This Christmas, BOJ Says
The Bank of Jamaica says a lot more cash is moving through Jamaica’s economy this Christmas — and it’s not just about holiday shopping. The central bank is projecting that cash in circulation will rise by about $21 billion in December, pushing total currency in the system to roughly $321.6 billion by month-end. That represents […]
6 Money Moves for 2026
2026 is right around the corner. The calendar is about to flip, and for many people, money will move into the new year exactly the same way it left the old one — unmanaged, unreviewed, and running on autopilot. Most financial stress doesn’t come from a lack of income. It comes from never stopping long […]
JPS Bill Shock Hits Jamaicans
Jamaicans are ending the year with another hit to their wallets. Electricity bills jumped 7% in December, and the increase couldn’t have come at a worse time — just as households are already stretched by Christmas spending and higher living costs. According to the Office of Utilities Regulation, the increase was driven by events largely […]
Dollarama’s Profits Jump
Dollarama just reported a $321.7 million profit for its latest quarter, up from $275.8 million a year ago. Sales climbed to $1.91 billion, helped by more shoppers, slightly higher spending per visit, and rapid store expansion. On paper, this looks like a strong corporate earnings report. In real life, it tells a much deeper story […]
TikTok Signs Deal to Avoid US Ban
TikTok is staying online in the United States — at least for now. Its Chinese parent, ByteDance, has signed a binding deal that restructures TikTok’s US operations into a new joint venture controlled largely by American and global investors. The agreement is expected to close on January 22 and effectively pauses years of political pressure […]
Bank of Canada Holds Rates at 2.25%, Signals No Rush to Hike
The Bank of Canada has decided to leave its key interest rate unchanged at 2.25 per cent, a move that markets had already priced in. Inflation is close to the Bank’s two per cent target, job numbers have surprised on the upside, and economic growth has been stronger than expected. Still, policymakers are choosing to […]