- No Need To Worry About Kick ‘Em Jenny – Lyew-Ayee. The impact of any tsunami (giant sea wave) caused by an eruption of Kick ’em Jenny, the underwater volcano located eight kilometres north of Grenada, would in all likelihood be evident in Jamaica, but not cause significant damage, and definitely not anywhere near the scale of the damage caused by the mega ‘Boxing Day’ tsunami, which hit Indonesia on December 26, 2004… Read more at Jamaica-Gleaner.com
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Debt Buyback – IMF Hails Jamaica’s Retirement Of US$3 Billion Owed To Venezuela. The Ministry of Finance and Planning has confirmed that the Government has reached an agreement on a deal with Venezuela to repurchase billions of dollars it owed for oil under the PetroCaribe arrangement… Read more at Jamaica-Gleaner.com
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Harmony Cove Seeks New Equity Partners By September. The players in the multibillion-dollar Harmony Cove project in Trelawny, which has been in gestation for approximately a decade, are conducting intense negotiations to find additional equity partners by the end of September this year… Read more at Jamaica-Gleaner.com
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CXC Makes Changes To Five Syllabi – SBA Introduced For English Exams. When the new school year starts in September, fourth-form students will have to contend with new syllabi for five subjects they will sit in the Caribbean Secondary Education Certificate (CSEC) examinations… Read more at Jamaica-Gleaner.com
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Jamaica Registers Bonds For Debt Buy-Back As PetroCaribe Deal Advances. Jamaica has formally told the global markets that it has an agreement in principle to buy back a portion of its PetroCaribe debt for US$1.5 billion, but did not say how much of the debt it will liquidate and what discount it is being offered by the Venezuelan state oil company PDVSA… Read more at Jamaica-Gleaner.com
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Time To Bolt! Speed Test For Sprint King In London Today. It was almost as if royalty had walked into the tiny press conference room at London’s Grange Tower Bridge Hotel as Jamaican superstar Usain Bolt addressed the world’s media yesterday ahead of his appearance at today’s Sainsbury’s Anniversary Games, London Diamond League, at the London Olympic Stadium… Read more at Jamaica-Gleaner.com