5 Things You Need To Know Today – December 7, 2012

  1. Consumers Urged To Take Advantage Of Sliding Dollar. If you are thinking about buying a car or making other big purchases, a leading financial analyst is advising that now is the best time to shop. Charles Ross, managing director of Sterling Asset Management, told The Gleaner yesterday that the continued slide in the value of the Jamaican dollar will push the cost of consumer items skywards resulting in higher prices to consumers. [Read more on Jamaica-Gleaner.com]
  2. Private Sector Concerned About Dollar Slide. On Wednesday, the local currency sunk to its lowest value with more than J$92 required to Spurchase one US dollar. At the end of the day, the US dollar was being sold at an average J$92.05, but was being sold for as high as J$95 by some traders. One year ago the average rate was J$86.70. [Read more on Jamaica-Gleaner.com][See chart on diGJamaica.com]
  3. Appeal Court To Rule On NTCS Interim Payment Today. The Court of Appeal is today expected to rule if the government will have to make an interim payment to members of the National Transport Co-operative Society (NTCS). Lawyers representing the NTCS had applied to the court seeking an order for the government to pay 20 per cent or about $400 million of the $2 billion award. [Read more on Jamaica-Gleaner.com]
  4. Blame Owners, Not Dogs – JSPCA Head Speaks Out Against Calls To Ban ‘Aggressive’ Canine Breeds. Pamela Lawson, managing director of the Jamaica Society for the Prevention of Cruelty to Animals (JSPCA), is disagreeing with calls to ban certain dog breeds.The calls have come since the mauling of two-year-old Ronicka Gregory in St Catherine by a pit bull terrier. [Read more on Jamaica-Gleaner.com]
  5. Blige, Legend, Bolton Confirmed For Jazz and Blues 2013. Mary J. Blige, John Legend and Michael Bolton are to perform at the the 17th staging of the Jamaica Jazz and Blues Festival, set for January 24 – 26, 2013[Read more on Jamaica-Gleaner.com]

Visit This Day In Our Past – December 7 to know what happened today in our past.