Date: September 18, 2018 United States: U.S. Takes Grenade Off the Table' With Tweak to Rusal Sanctions The U.S. has laid the groundwork to avoid a brewing crisis in the global aluminum market. By making a technical tweak to sanctions on United Co. Rusal on Friday, the U.S. Treasury handed a potential lifeline to buyers
Date: September 14, 2018 For the nine months ended July 30, 2018, Scotia Group Jamaica Limited’s (SGJ) Net Interest Income declined by 4% to $19.12 billion, moving from $19.93 billion for the corresponding period in 2017, while Interest Expenses declined by 27% to total $2.42 billion (2017:$3.33 billion). Interest Income for the period decreased from $23.26
Date: September 14, 2018 United States: U.S. Import Prices Fall by Most Since Early 2016 Amid Trade War Prices for goods imported by the U.S. fell in August by the most in more than two years amid global trade tensions, Labor Department figures showed Friday. Import prices declined 0.6 percent from the prior month, the most
Date: September 13, 2018 United States: U.S. Core Inflation Unexpectedly Cools on Apparel, Medical Costs A gauge of underlying U.S. inflation unexpectedly cooled in August as apparel prices fell by the most in about seven decades and medical-care costs declined, offering Americans a respite from accelerating price gains. Excluding volatile food and energy costs, the core
Date: September 12, 2018 Main Event Entertainment Group Limited (MEEG) for the nine months ended July 31, 2018 recorded a total of $1.07 billion in revenue compared to $941.78 million booked for the period ended July 31, 2017, a 13% increase year over year. Revenue for the quarter rose 26% to close the quarter at
Date: September 12, 2018 United States: Florence to Batter U.S. Data But Harm to Economy Likely Small The economic impact of Hurricane Florence is unlikely to be large but could muddle U.S. data for months, judging from past experience. Last year, Hurricanes Harvey and Irma constrained activity in the third quarter of 2017 and sparked rebuilding
Date: September 11, 2018 United States: Fed's Rosengren Wants Two More Hikes in 2018 as Economy Grows One more interest rate hike in 2018 won’t satisfy Eric Rosengren’s definition of gradual. In an interview, the president of the Federal Reserve Bank of Boston made clear that, barring an unexpected turn for the U.S. economy, he’ll push
Date: September 10, 2018 Jamaica’s Net International Reserves (NIR) totaled US$3,058.42 million as at August 2018, reflecting a decrease of US$91.06 million relative to the US$3,149.48 million reported as at the end of July 2018 (see figure 1). Changes in the NIR resulted from a decrease in Foreign Assets of US$92.42 million to total US$3,608.30 million
Date: September 7, 2018 United States: U.S. Payrolls Rise 201,000 While Wage Gains Accelerate to 2.9% U.S. job gains rebounded by more than forecast in August and wages unexpectedly registered their biggest advance of the expansion, keeping the Federal Reserve on track to lift interest rates this month and possibly another time this year. Nonfarm payrolls
