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Several officials condemn the killing of Donald Quarrie High student

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Tuesday, March 03, 2015 | 9:57 PM     KINGSTON, Jamaica – Since the discovery of the body of 13-year-old Kayalicia Simpson near her home in Newlands, St Thomas, Monday morning, several officials have condemned the gruesome act.The Minister of Youth and Culture Lisa Hanna, Education Minister Ronald Thwaites, Leader of Opposition Andrew Holness, and the […]

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Quantitative easing is not for Jamaica

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Tuesday, March 03, 2015 | 11:17 PM     KINGSTON, Jamaica – International Monetary Fund (IMF) resident representative in Jamaica Dr Bert Van Selm on Tuesday downplayed a view that the island should adopt the developed world approach of pumping money to stimulate the economy.“We are in a different situation here in Jamaica than in the […]

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St Thomas Co-operative Credit Union merges into FHC

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Tuesday, March 03, 2015 | 11:35 PM     ST THOMAS, Jamaica – First Heritage Co-operative Credit Union Limited (FHCCU) has merged its operation with the St Thomas Co-operative Credit Union (STCCU).The partnership, which took effect on March 1, has strengthened the asset base of the FHCCU to some $10 billion and membership of approximately 190,000. […]

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California lawyer proposes ballot measure to execute gays

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Tuesday, March 03, 2015 | 9:32 PM     LOS ANGELES, United States (AFP) — A California lawyer has submitted a referendum proposal to outlaw homosexuality in the famously liberal western US state, on pain of execution. The proposal — unlikely to advance, as it requires over 360,000 signatures to proceed — was submitted by attorney Matthew […]

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Scotia Investments mum on staff cuts

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Tuesday, March 03, 2015 | 11:53 PM     SAVANNA-LA-MAR, Westmoreland – Scotia Investments Jamaica Ltd has announced structural changes but remains silent on whether it cut staff at its head office.This comes amid the planned closure of its Savanna-la-Mar branch. “In addition, we have made a number of other changes at our head office aimed at […]

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Court frees ‘playful’ baby biter

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Tuesday, March 03, 2015 | 9:31 PM     KINGSTON, Jamaica — A woman who pleaded guilty to biting a toddler on her arm was on Tuesday freed of a charge of assault occasioning bodily harm when she appeared in the Corporate Area Resident Magistrate’s Court.After making her guilty plea, Marcia ‘Bubbla’ Edwards explained that she […]

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Mayberry profit skyrockets with Access sale

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Wednesday, March 04, 2015 | 12:05 AM     The sale of its stake in Access Financial Services Ltd rocketed the annual profit of Mayberry Investments Limited (MIL) sevenfold to more than $700 million.But MIL would still have made greater profit year on year without the sale. “We recorded a gain of $591 million from the sale […]

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Big increase in income tax, GCT revenue collection projected for 2015/16

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Monday, March 02, 2015 | 8:17 PM     KINGSTON, Jamaica – The Government is banking on significant increases in both income tax and general consumption tax (GCT) next year, to boost its tax revenues.The revenue estimates tabled by Minister of Finance and Planning Dr Peter Phillips on February 19, is targeting J$138.9 billion in GCT […]

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Windies not daunted by unbeaten India — Sammy

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Tuesday, March 03, 2015 | 4:51 PM     PERTH, Australia (CMC) – All-rounder Darren Sammy says West Indies is not daunted by the prospects of facing unbeaten India when the two teams clash in the ICC Cricket World Cup Group B fixture on Friday.West Indies remain in contention for a place in the quarter-finals having […]

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Netanyahu denounces Obama push for Iran nuclear deal

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Tuesday, March 03, 2015 | 7:20 PM     WASHINGTON, United States (AFP) — Israel’s Prime Minister Benjamin Netanyahu denounced President Barack Obama’s drive for a nuclear accord with Iran on Tuesday, warning Washington is paving Tehran’s path to a bomb.After Netanyahu delivered an impassioned address to the US Congress, an exasperated Obama retorted that the […]

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