Focus on job security
Securing the jobs of Jamaican workers must be one of the main focus of not only the trade union, but also that of Government, Prime Minister Bruce Golding told the triennial general meeting of the Bustamante Industrial Trade Union (BITU) at the Jamaica...
Subprime losses could reach US$400b worldwide - analysts
Banks worldwide may lose as much as US$400 billion from subprime mortgages, as at least one in four risky home loans go into default, analysts said on Monday. Mike Mayo, an analyst at Deutsche Bank Securities Inc., estimated US$150 billion to US$250 billion of losses based on US$1.2...
Oil prices fall on OPEC output comment
Oil slid below US$95 on Monday in United States markets after top exporter Saudi Arabia said OPEC would look at raising output to brake oil's ascent towards US$100 and safeguard world economic growth. At 1400 GMT U.S.crude was down $1.72 at $94.60.
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