As conflict in the Middle East intensifies, economist, Keenan Falconer is warning that global oil prices could surge.
Iran has pushed what many are calling the panic button by closing the Strait of Hormuz in response to Saturday’s attack on its territory by the United States and Israel.
Some Jamaicans in the Middle East are trying to be optimistic amidst unrest in the region.
Jamaica's Ministry of Foreign Affairs and Foreign Trade says it is monitoring military hostilities and hopes for an early resolution.
President of the Jamaica Teachers' Association (JTA), Mark Malabver has raised concern about the situation at schools, which are still being used to house shelterees following the passage of Hurricane Melissa.
Mr. Malabver highlighted schools in western parishes which suffered the brunt of damage when the Category 5 hurricane made landfall in October last year.
Prime Minister Dr. Andrew Holness has thanked the Caribbean Community, (Caricom) for assisting Jamaica with Hurricane Melissa recovery efforts, noting that the devastating category 5 system caused some US$10 billion in damage.
Speaking at the jamaican diaspora town hal in St. Kitts and Nevis at the weekend, Dr. Holness said the Planning Institute of Jamaica, PIOJ finalized -the figure, recently.
The government says Black River in St. Elizabeth is entering a new phase of commerce-driven redevelopment, following the passage of Hurricane Melissa.
State Minister of Industry, and Commerce Delano Seiveright, says the focus is on rebuilding the parish capital as a stronger, more resilient economic hub for Jamaica's southwest.