April 10, 2018 United States: U.S. Deficit to Surpass $1 Trillion Two Years Ahead of Estimates, CBO Says The U.S. budget deficit will surpass $1 trillion by 2020, two years sooner than previously estimated, as tax cuts and spending increases signed by President Donald Trump do little to boost long-term economic growth, according to the
April 09, 2018 Main Event Entertainment Group (MEEG) Annual General Meeting was held today, at the Knutsford Court Hotel. Opening remarks were made by Mr. Harriat Maragh, MEEG’s Chairman, where he highlighted the achievement of the Company thus far; as today marks their first AGM as a publicly listed company on the Jamaica Stock Exchange.
April 09,2018 Ciboney Group Limited (CBNY) for the nine months ended February 28, 2018 reported Financial income for the period increased by 1151% to total $1,676 million up from the $134,000 reported for the comparable quarter in 2017. Financial income for the quarter amounted to $1.66 million, a gross increase of 5836% relative to the $28,000
April 9, 2018 United States: Powell, Williams See More Gradual Fed Hikes Despite Trade Uproar Federal Reserve Chairman Jerome Powell backed further gradual interest-rate increases amid strong U.S. economic momentum, in remarks that avoided the turbulent U.S. stock market and sought to steer clear of the simmering U.S.-China trade dispute. “We will continue to aim
April 6, 2018 United States: U.S. Needs China More Than China Needs the U.S. Not one to be outdone by any adversary, Donald Trump has upped the ante in a rapidly escalating trade war with China, threatening an additional $100 billion of tariffs on top of the initial round of $50 billion. In doing so,
April 5, 2018 Untied States: U.S. Leaves Door Open to China Talks Amid Trade-War Fears The Trump administration indicated it’s willing to negotiate with China on escalating frictions between the world’s two biggest economies, helping to ease fears among investors of a tit-for-tat trade conflict. U.S. Commerce Secretary Wilbur Ross said China’s response isn’t expected
April 04, 2018 For the period of April 2017 to February 2018, the GOJ reported Total Revenues & Grants of $476.14 billion, $11.05 billion more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 10.8% relative to the $429.62 billion recorded for the corresponding period in 2017. ‘Tax Revenue’, ‘Non-Tax
April 4, 2018 United States: Specter of Full Trade War Returns to Batter Stocks: Markets Wrap Fears of a trade war between the world’s two largest economies returned to haunt markets on Wednesday, sending U.S. stock futures tumbling and sinking European and Asian equities. Treasuries climbed while the dollar was steady, and gold jumped. Hopes
April 3, 2018 United States: U.S. Stock Futures Climb as Turmoil Starts to Ease: Markets Wrap The technology-led turmoil that sent U.S. stocks into a tailspin showed signs of easing on Tuesday, with futures contracts for the main American gauges rising after Asia’s benchmark pared most of its decline. European shares fell, but losses were
