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Derick Latibeaudiere
Hon. Derick Milton Latibeaudiere, OJ is the former governor of Jamaica's central bank, the Bank of Jamaica (BOJ) from 1996 to 2009. He took office as governor of the bank on 1 April 1996 and was the first member of the Bank' s staff to have been appointed to this position. Latibeaudiere also served as Chairman of the Board of Governors of the Bank of Jamaica and is Jamaica's Alternate Governor to the International Monetary Fund (IMF). He resigned as governor on 30 October 2009. Personal Loan Scandal In August 2008 information surfaced that Governor Latibeaudiere borrowed 51 million Jamaican dollars from the central bank to construct a house and furnish and landscape the grounds. The scandal began when it was brought to light that there was no evidence that the loan had been properly collateralised. Involvement outside the Bank of Jamaica Latibeaudiere also serves as Chairman of the Board of Directors of the Sugar Company of Jamaica (SCJ) and its subsidiary companies. He is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Honourable
''The Honourable'' (British English) or ''The Honorable'' (American English; see spelling differences) (abbreviation: ''Hon.'', ''Hon'ble'', or variations) is an honorific style that is used as a prefix before the names or titles of certain people, usually with official governmental or diplomatic positions. Use by governments International diplomacy In international diplomatic relations, representatives of foreign states are often styled as ''The Honourable''. Deputy chiefs of mission, , consuls-general and consuls are always given the style. All heads of consular posts, whether they are honorary or career postholders, are accorded the style according to the State Department of the United States. However, the style ''Excellency'' instead of ''The Honourable'' is used for ambassadors and high commissioners. Africa The Congo In the Democratic Republic of the Congo, the prefix 'Honourable' or 'Hon.' is used for members of both chambers of the Parliament of the Democratic Repu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jamaica
Jamaica (; ) is an island country situated in the Caribbean Sea. Spanning in area, it is the third-largest island of the Greater Antilles and the Caribbean (after Cuba and Hispaniola). Jamaica lies about south of Cuba, and west of Hispaniola (the island containing the countries of Haiti and the Dominican Republic); the British Overseas Territory of the Cayman Islands lies some to the north-west. Originally inhabited by the indigenous Taíno peoples, the island came under Spanish rule following the arrival of Christopher Columbus in 1494. Many of the indigenous people either were killed or died of diseases, after which the Spanish brought large numbers of African slaves to Jamaica as labourers. The island remained a possession of Spain until 1655, when England (later Great Britain) conquered it, renaming it ''Jamaica''. Under British colonial rule Jamaica became a leading sugar exporter, with a plantation economy dependent on the African slaves and later their des ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economics
Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interactions of Agent (economics), economic agents and how economy, economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and market (economics), markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on glossary of economics, these elements. Other broad distinctions within economics include those between positive economics, desc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of The West Indies
The University of the West Indies (UWI), originally University College of the West Indies, is a public university system established to serve the higher education needs of the residents of 17 English-speaking countries and territories in the Caribbean: Anguilla, Antigua and Barbuda, The Bahamas, Barbados, Belize, Bermuda, British Virgin Islands, Cayman Islands, Dominica, Grenada, Guyana, Jamaica, Montserrat, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Trinidad and Tobago, and Turks and Caicos Islands. Each country is either a member of the Commonwealth of Nations or a British Overseas Territory. The aim of the university is to help "unlock the potential for economic and cultural growth" in the West Indies, thus allowing improved regional autonomy. The university was originally instituted as an independent external college of the University of London. The university has produced students who have excelled in a number of disciplines such as the arts ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jamaica College
Jamaica College (abbreviated J.C. or JC) is a public, Christian, secondary school and sixth form for boys in Kingston, Jamaica. It was established in 1789 by Charles Drax, who was the grand-nephew of wealthy Barbadian sugar planter James Drax. It provides traditional classroom education to its students in a variety of subject areas and caters to students aged 10 to 19 years. First established as a boarding school for boys, it has remained a single-sex school with the boarding facilities removed, but later re-opened in 2016. During the 18th century when Jamaica prospered as a sugar colony of the British Empire, several large donations were made by wealthy slave owners for the funding of schools. The objective of these bequests was usually to provide free education for the poor of the parish to which the benefactor belonged. Jamaica College is a product of such a bequest. The school is widely known for both its academic and sports achievements, and has produced many i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Order Of Jamaica
The Order of Jamaica is the fifth of the six orders in the Jamaican honours system. The Order was established in 1969, and it is considered the equivalent of a knighthood in the British honours system. Membership in the Order can be conferred upon any Jamaican citizen of outstanding distinction. Honorary membership in the Order can be conferred upon any distinguished citizen of a country other than Jamaica. Members and Honorary Members are entitled to:"National Awards of Jamaica" , Jamaica Information Service, accessed May 12, 2015. * wear the insignia of the Order as a decoration, * be styled "", * use the [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. Central banks in most developed nations are institutionally independent from political interference. Still, limited control by the executive and legislative bodies exists. Activities of central banks Functions of a central bank usually include: * Monetary policy: by setting the official interest rate and controlling the money supply; *Financial stability: acting as a government's banker and as the bankers' bank ("lender of last resort"); * Reserve management: managing a country's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Jamaica
The Bank of Jamaica is the central bank of Jamaica located in Kingston. It was established by the Bank of Jamaica Act 1960 and was opened on May 1, 1961. It is responsible for the monetary policy of Jamaica on the instruction of the Minister of Finance. History The Bank of Jamaica, established by the Bank of Jamaica Law (1960), began operations in May 1961, terminating the Currency Board System which had been in existence from 1939. The establishment of the Central Bank was in recognition of the need for an appropriately regulated financial structure to encourage the development process, particularly as Jamaica was about to embark on the road to political independence. The Central Bank's role tended to be of a largely reactive nature as the institution grappled with several national and international developments. However, in recent years, monetary policy implementation has been characterized by a more proactive stance, as the Central Bank has actively sought to encourage the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billion (a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minister Of Finance And The Public Service
The Minister of Finance and the Public Service is Jamaica's chief financial official in charge of formulating both monetary and financial policies. He works alongside the Bank of Jamaica and its Governor. It is active in developing financial inclusion policy and is a member of the Alliance for Financial Inclusion. Ministers *Donald Sangster, May 1953 - February 1955 * Noel Newton Nethersole, February 1955 - May 1959 * Vernon Arnett, May 1959 - April 1962 *Donald Sangster, April 1962 - March 1967 *Edward Seaga, March 1967 - March 1972 *David Coore, March 1972 - 1978 * Eric Bell, 1978 - 1980 * Hugh Small, May 1980 - October 1980 *Edward Seaga, 1980 - 1989 * Seymour Mullings, 1989 - 1990 *Percival Patterson, 1990 - 1991 * Hugh Small, 1992 - 1993 *Omar Davies, December 1993 - August 2007 * Audley Shaw, September 2007 – January 2012 *Peter Phillips Peter Mark Andrew Phillips (born 15 November 1977) is a British businessman and the son of Anne, Princess Royal, and Captain Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Air Jamaica
Air Jamaica was the national airline of Jamaica. It was owned and operated by Caribbean Airlines from May 2011 until the cessation of operations in 2015. Caribbean Airlines Limited, headquartered in Piarco, Trinidad and Tobago, had administrative offices for Air Jamaica located at Norman Manley International Airport in Kingston, Jamaica. The Jamaican government was formerly the owner of Air Jamaica. It sold the airline to Caribbean Airlines in 2011, which resulted in the Jamaican government owning 16% of Caribbean Airlines.2014 Investment Climate Statement: Jamaica United States Department of State (June 2014), p. 11. History According to R.E.G. Davies in his ''Airlines of Latin A ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jamaican Dollar
The Jamaican dollar (sign: $; code: JMD) has been the currency of Jamaica since 1969. It is often abbreviated to J$, the J serving to distinguish it from other dollar-denominated currencies. It is divided into 100 cents, although cent denominations are no longer in use as of 2018. Goods and services may still be priced in cents, but cash transactions are now rounded to the nearest dollar. Exchange rate History The history of currency in Jamaica should not be considered in isolation of the wider picture in the British West Indies as a whole. See British West Indies dollar. The peculiar feature about Jamaica was the fact that it was the only British West Indies territory to use special issues of the sterling coinage, apart from the four-pence groat coin which was specially issued for all the British West Indies, and later only for British Guiana. The earliest money in Jamaica was Spanish copper coins called ''maravedíes''. This relates to the fact that for nearly four h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
