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Themes:🧠AI Chip Bottleneck 🚢Red Sea Escalation ⚓Shipping Lane Fragmentation 🏗India Infrastructure Supercycle

8 signals for Economic · JM · Crisis

Page 1 of 1

EconomicCrisis🇯🇲JM18d ago

KINGSTON, Jamaica — Jamaica’s dollar has held steady through an oil shock and a hurricane. That is not an accident. It is, in large part, the result of a financial cushion most Jamaicans rarely think about until pressure builds: the country’s foreign reserves.

6.1/10·Jamaica Observer (expanded)·Kingston, Kingston

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EconomicCrisis🇯🇲JM 🇨🇦Canada23d ago

Jamaica is advancing plans to be among the small developing countries that use nuclear energy for domestic purposes. Minister of Science, Technology and Special Projects, Dr Andrew Wheatley, provided an update on the issue during his recent contribution to the Sectoral Debate in the House of Representatives. He pointed to the damage to the electricity grid caused by Hurricane Melissa last October and the ongoing Middle East War that has caused oil prices to spike, as reasons why Jamaica must move to diversify its energy mix.

5.3/10·Jamaica Observer (expanded)·Jamaica

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EconomicCrisis🇯🇲JM54d ago

Insurance officer found shot at Mona home An insurance claims recovery officer was found suffering from a gunshot wound at his home in Mona, St Andrew, on Wednesday morning. The 48-year-old man was reportedly found by his wife, who works for a government ministry. Police said the now-injured man was diagnosed with Gastroesophageal reflux disease (GERD) in September 2025, and has since been experiencing depression and anxiety attacks.

5.1/10·Jamaica Observer

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EconomicCrisis🇯🇲JM6d ago

KINGSTON, Jamaica — Minister of State in the Ministry of Industry, Investment and Commerce, Delano Seiveright, says the Government's cement supply strategy is helping to keep Jamaica's construction sector on track despite recent challenges affecting supply and growing demand across the economy. Making his contribution in the House of Representatives during debate on a private member's motion brought by Opposition Spokesman on Industry and Investment, Anthony Hylton, Seiveright outlined a series of measures implemented by the Government to maintain market stability and support ongoing housing, infrastructure and reconstruction projects. The minister stressed that the issue carries significant implications for the wider economy, noting that the construction sector remains one of Jamaica's largest employers.

4.7/10·Jamaica Observer·Kingston, Kingston

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EconomicCrisis🇯🇲JM 🇬🇧United Kingdom11d ago

KINGSTON, Jamaica — The Green Climate Fund (GCF) has approved a US$2.1 million readiness grant submitted by the Caribbean Community Climate Change Centre (CCCCC), on behalf of Jamaica, boosting the country’s ability to access climate finance and build resilience to a changing climate. The grant, entitled “Catalysing Climate Action by building Jamaica’s NDA Capacity & Country Investment Platform”, will help Jamaica access international climate financing and develop a pipeline of projects needed to protect its people, economy and environment. The project proposal was developed under the United Kingdom (UK) funded Small Island Developing States Capacity and Resilience Programme (SIDAR) for the Caribbean, which aims to increase Caribbean member states’ access to climate finance and accelerate climate-resilient action across the region.

4.3/10·Jamaica Observer·Kingston, Kingston

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EconomicCrisis🇯🇲JM 🇸🇬Singapore33d ago

  KINGSTON, Jamaica — The World Bank on Tuesday issued a catastrophe bond providing the Government of Jamaica with US$200 million in insurance coverage against hurricanes. The bond, which was provided through the International Bank for Reconstruction and Development (IBRD), replaces the previous catastrophe bond, which provided US$150 million in coverage and was fully paid out in 2025 following the impact of Hurricane Melissa on the island in October 2025. In a statement on Wednesday, the Ministry of Finance said the 2026 catastrophe bond attracted strong international investor interest, securing participation from 25 global investors, up from 15 investors in the 2024 issuance.

4.3/10·Jamaica Observer (expanded)·Kingston, Kingston

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EconomicCrisis🇯🇲JM 🇩🇲DM 🇩🇴Dominican Republic52d ago

ST JAMES, Jamaica— Newly appointed chairman of the Tourism Enhancement Fund (TEF), Ryan Parkes is challenging educators to play a pivotal role in positioning tourism education as a standal-one industry. How well Jamaica trains its people, he said, will have a significant impact on the country’s future competitiveness in the global tourism market. Parkes’s comments came as he addressed a Teachers’ Day luncheon hosted by St James East Central Member of Parliament Edmund Bartlett at the Montego Bay Convention Centre on Wednesday.

4.0/10·Jamaica Observer (expanded)·Jamaica

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EconomicCrisis🇯🇲JM43d ago

Workers at Jamaica's Teachers' Association represented by the Bustamante Industrial Trade Union have begun industrial action over long-overdue salary payments and failed wage negotiations. The union says management has breached agreements by refusing to provide details on salary increases from 2017 to present and delaying negotiations on 2024–2026 compensation and market realignment, with a threat of further escalation if the issues are not resolved.

3.2/10·Jamaica Observer (expanded)·Kingston, Kingston

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