Herbalife
Cuba Energy Summit
Agexport
Nestle
Servicios Médicos Cubanos
Realidad Turística
Grupo Hotelero Islazul
MAD-HAV Enjoy Travel Group
INTERFER
Walmart
Los Portales
Barceló Solymar
Cervecería Centroamericana S.A.
Centro Nacional de Cirugía de Mínimo Acceso de Cuba
INOR
Cubasol
AVA Resorts
Intecap
blackanddecker
CUN-HAV Enjoy Travel Group
MuniGuate
Instituto Hondureño de Turismo
MITM Events

Jamaica Preparing for Impact from Ukraine – Russia Conflict

Date:

Share:

Herbalife
Servicios Médicos Cubanos
blackanddecker
AVA Resorts
Los Portales
MITM Events
Instituto Hondureño de Turismo
Nestle
Grupo Hotelero Islazul
INTERFER
Centro Nacional de Cirugía de Mínimo Acceso de Cuba
Cuba Energy Summit
Realidad Turística
INOR
Intecap
Cervecería Centroamericana S.A.

Jamaica Prime Minister Andrew Holness, says they are monitoring and preparing for the impact that the country’s economy will face brought about by the conflict between, Ukraine and Russia.

“We expect that the impact on Jamaica could be through the global energy prices, oil prices, in particular, and possibly through some commodities, maybe wheat [and] flour prices.”

Holness added that the tensions between Ukraine and Russia can also lead to the fallout of global production and greater demand for shipping, with increased prices.

“Global inflation impacts local inflation and external shock. Energy prices [might] go up as a result of uncertainties in the energy market,” he further pointed out.

He noted, however, that the Jamaican economy continues to show strong recovery even in the face of crises and likewise urged the energy and agricultural sectors to be more resilient.

“We need to do much more in our energy resilience. We have not done enough to cut our reliance on oil when we have abundant sunshine and wind. We have been, as a country, toying with our energy policy.”

Jamaica should have been at 50 per cent renewable energy generation by now, he said.

Holness further disclosed “a major project” will change Jamaica’s reliance on non-renewable fossil fuels will be announced in a few weeks.

In addition, he said food security is also vital to sustaining the economy.

“As the prices go up, households are finding it more difficult, because [with] the options to switch from high-cost food to low-cost produce, we don’t have many. We need to spend much more effort on ensuring our food security.” (https://thecaribbeannewsnow.com/jamaica-preparing-for-impact-from-ukraine-russia-conflict/)

AVA Resorts
CUN-HAV Enjoy Travel Group
Centro Nacional de Cirugía de Mínimo Acceso de Cuba
Intecap
Cuba Energy Summit
Agexport
Grupo Hotelero Islazul
Los Portales
Nestle
Herbalife
Walmart
MuniGuate
MITM Events
Barceló Solymar
INOR
Realidad Turística
Cubasol
Instituto Hondureño de Turismo
blackanddecker
INTERFER
MAD-HAV Enjoy Travel Group
Cervecería Centroamericana S.A.
Servicios Médicos Cubanos
Henkel Latinoamerica
MuniGuate
Cubacel
Blue Diamond Resorts
Revista Colombiana de Turismo Passport
Intecap
Maggi - GLUTEN-FREE
Havanatur
INTERFER
AirEuropa
Hotel Holiday Inn Guatemala
Hotel Barcelo Solymar
Barcelo Guatemala City

Subscribe to our magazine

━ more like this

Pole Dancing in Israel: A New Dimension with BlueDance.co.il

In recent years, pole dancing has experienced a remarkable transformation, shifting from a misunderstood niche to a popular activity combining fitness, self-expression, and empowerment....

A New Luxury Hotel Just Opened on An Idyllic Beach in Cancun, Mexico — And We Were the First to Stay

Waldorf Astoria Cancun opened to the public on Nov. 1, the brand's first new build in Mexico, with two waterfront pools and a fantastic...

US Lawmakers Join Requests to Extend TPS To Central Americans

The chairman of the US Senate Foreign Relations Committee, Robert Menendez, along with other legislators gathered outside the Capitol this Thursday to express his...

Barbados Airport Receives 54 Flights in One Day

On Saturday, December 21, 54 planes arrived at Barbados’ Grantley Adams International Airport (GAIA), marking a historic milestone for the airport and the tourism...

United Airlines Boosts Flights to Costa Rica’s Guanacaste Airport

Guanacaste Airport, a member of the VINCI Airports network, and the Costa Rican Tourism Board have announced an increase in United Airlines flight frequencies...
Revista Colombiana de Turismo Passport
Hotel Holiday Inn Guatemala
Henkel Latinoamerica
Intecap
Cubacel
Barcelo Guatemala City
INTERFER
Blue Diamond Resorts
AirEuropa
Maggi - GLUTEN-FREE
Havanatur
Hotel Barcelo Solymar

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Intecap
Los Portales
MAD-HAV Enjoy Travel Group
MuniGuate
Servicios Médicos Cubanos
Barceló Solymar
Grupo Hotelero Islazul
blackanddecker
MITM Events
Herbalife
Nestle
Instituto Hondureño de Turismo
INTERFER
INOR
Agexport
AVA Resorts
Walmart
Realidad Turística
Cuba Energy Summit
Cubasol
Cervecería Centroamericana S.A.
Centro Nacional de Cirugía de Mínimo Acceso de Cuba