How borrowing can increase your wealth
SURPRISINGLY, many persons still hold fast to the old adage, "neither a borrower nor lender be". Whilst this approach to their finances may prove useful in a few circumstances, this overly conservative position may be found to have a limiting effect...
Volatility hits US bond market
THE UNITED STATES economy went into recession in the latter half of 2001 and, since the beginning of 2002, it has been sending out mixed signals as to how the recovery from that recession has been coming along.
Balance of payments deficit widens
THE CURENT account of the balance of payments recorded a deficit of US$121.7 million in May 2002, relative to the deficit of US$97.8 million recorded in May 2001 according to latest Bank of Jamaica figures.
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