United States: Trump Sights In WTO Procurement Pact for Leverage on U.K., EU “The world is starting to see what President Donald Trump had in mind when he vaguely pledged in Davos last month to reform the World Trade Organization or he’d “do something.” Trump administration officials are circulating a draft executive order that
February 04, 2020 Jamaican Teas Limited (JAMT) reported a 15% increase in revenues to total $433.08 million (2018: $378.23 million). JAMT stated that this increase was “due to increased export sales in the manufacturing business and a 9% increase in our supermarket business which became wholly owned again on October 1 2019 when Jamaican Teas
February 04, 2020 IronRock Insurance Company Limited (ROC), for the year ended December 31, 2019 posted gross premiums of $701.42 million relative $571.84 million; representing a 23% increase. Fourth quarter gross premium amounted to $226.81 million, a 19% increase when compared to $190.33 million for the corresponding quarter of 2018. Proportional reinsurance amounted to $413.41 million
United States: Trump Administration Clears Way for New Currency Tariffs “The Trump administration is going ahead with controversial new rules that would clear the way for the U.S. to start applying punitive tariffs on goods from countries accused of having undervalued currencies, the Commerce Department said Monday. The move would give new muscle to U.S.
Date: February 3, 2020 CPJ has advised that outgoing CEO, Dr. David Lowe, has been engaged as a consultant following his resignation which took effect on January 31, 2020. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer(s) or securities as
Date: February 3, 2020 PROVEN has advised that the Company and Sagicor Investments Jamaica Limited (“Sagicor Investments”) have entered into an underwriting agreement in respect of the proposed Additional Public Offering (“APO”) of ordinary shares recently announced by PROVEN. PROVEN has further advised that Sagicor Investments’ commitment under the Underwiring Agreement, which is subject to
February 03, 2020 In December, personal income rose $40.7 billion (0.2%) in the U.S, according to estimates released by the Bureau of Economic Analysis. Disposable personal income (DPI) climbed $30.6 billion (0.2%) and personal consumption expenditures (PCE) grew $46.6 billion (0.3%). Real DPI rose 0.1% in December and Real PCE climbed 0.1%. The PCE price
Date: February 03, 2020 For the period of April to December 2019, the GOJ reported Total Revenues & Grants of $468.43 billion, $9.67 billion more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 7.1% relative to the $437.30 billion recorded for the corresponding period in 2018. ‘Tax Revenue’, ‘Non-Tax
February 03, 2020 Weekly Picks 03.02.20 MEEG Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer(s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be,
February 03, 2020 United States: Senate to Hear Final Arguments on Charges: Impeachment Update “President Donald Trump is set to be acquitted of two impeachment charges in final votes set for Wednesday at 4 p.m. Before then, senators will hear lawyers’ closing arguments and have two days for debate.” https://www.bloomberg.com/news/articles/2020-02-03/senate-to-hear-final-arguments-on-charges-impeachment-update?srnd=premium Europe: Pound Slumps Before Start
