Jamaica Financial News

Jamaica's Women's World Cup run might be over for now, but the team's fight for support back home continues.The Reggae Girlz were disbanded 15 years ago when the Jamaican federation cut funding for the team. Revived in 2014, they've scrapped for resources ever since. Jamaica's performance at the global tournament in Australia and New Zealand may be turning that around. The Reggae Girlz became the first Caribbean nation to reach the knockout round, advancing in just their second appearance. The campaign came to an end on Tuesday night when Jamaica fell to Colombia 1-0 in Melbourne. Catalina Usme's goal was the only one that the Reggae Girlz conceded over the course of the tournament. «We've put ourselves on the map and we've showed what we can actually do,» goalkeeper Becky Spencer said. “I think with more funding and more resources, it just shows you what kind of team that we've got and we can only get better. I'm hoping that the federation starts to take us seriously and just pays attention to what we're doing out here.”

As the tournament progresses, top teams like the USA, Canada, and Germany remain strong contenders, setting the stage for exciting quarter-final matches later this week.

There are two matches to be held on August 8: Colombia vs Jamaica and France vs Morocco. Let’s have a look at both of them. Colombia entered the Round of 16 with two wins, one against South Korea and the other against the mighty Germany.

England's women's national football team, known as the Lionesses, secured their spot in the quarter-finals of the Women's World Cup with a tense penalty shootout victory against Nigeria in Brisbane. The triumph set them up for a quarter-final clash against one of the two surprising teams that have shown impressive progress in the tournament. Under the guidance of coach Sara Wiegman, England has emerged as one of the favorites to lift the trophy. Topping their group and witnessing the elimination of one of their main rivals, the US, in a penalty shootout against Sweden, has bolstered their confidence. However, the team is well aware that there's still a long journey ahead, and as England fans know, hope can be a double-edged sword. The Lionesses are determined to seize this opportunity, and the Women's World Cup holds the promise of an exciting and unpredictable path for the team from this point onward.

A freight train has derailed in upstate New York, disrupting Amtrak service and prompting authorities to close roads in the area

Australia delivered a dominant display to win the netball World Cup for the 12th time, regaining the crown with a clinical and classy 61-45 victory over England in the final in Cape Town.

A freight train has derailed in upstate New York, disrupting Amtrak service and prompting authorities to close roads in the area

The fate of Group H will be determined on August 3. Both matches will be played on August 3 at 3:30 PM (India time). The match against South Korea is crucial for Germany, two-time World Cup champions.

Trump faces District Judge Tanya Chutkan for his alleged involvement in the 2020 election interference, he might encounter a familiar adversary. In 2021, Judge Chutkan thwarted his attempts to prevent a Congressional committee from accessing his administration's White House records with the memorable statement: «Presidents are not kings, and Plaintiff is not president.» Chutkan’s ruling breathed new life into the congressional investigation, which has now come full circle with the case brought against Mr. Trump by Special Counsel Jack Smith landing in her court randomly. This assignment could be concerning for Mr. Trump's legal team as Judge Chutkan, aged 61, has developed a reputation for delivering harsh sentences to those found guilty of involvement in the riots over the past two years.

rapper G Herbo, who was under trial for using stolen credit card information to fund his lavish lifestyle, has pleaded guilty. The singer faces a 25-year prison sentence if convicted. His sentencing is due on November 7, 2023.

rapper G Herbo pleaded guilty Friday to his role in a scheme that used stolen credit card information to pay for a lavish lifestyle including private jets, exotic car rentals, a luxury vacation rental and even expensive designer puppies. Under a deal with prosecutors, the 27-year-old Chicago rapper, whose real name is Herbert Wright III, entered a guilty plea in federal court in Springfield, Massachusetts, to conspiracy to commit wire fraud and making false statements. In exchange, prosecutors dismissed several counts of aggravated identity theft. He also agreed to forfeit nearly $140,000, the amount he benefited from what prosecutors have said was a $1.5 million scheme that involved several other people. «Mr. Wright used stolen account information as his very own unlimited funding source, using victims' payment cards to finance an extravagant lifestyle and advance his career,» acting U.S. Attorney Joshua Levy said in a statement. Sentencing is scheduled for Nov. 7, and he faces a maximum of 25 years in prison. A voicemail seeking comment was left with his attorney.

Netball World Cup 2023 begins this Friday i.e. July 28 and sixteen teams are ready to hit the court in Cape Town. It will run through August 6 (Sunday).

Members of a U.N. agency that governs international waters are locked in a fierce debate amid disagreement over whether to allow deep sea mining and set a new deadline for proposed regulations still stuck in draft mode

Jamaica has secured its first-ever point in the Women’s World Cup as its women’s national football team, a.k.a. Reggae Girlz, earned a goalless draw against giants France aka Les Bleues. For those unaware, this is Jamaica’s second participation at Women's World Cup, however, the first time didn’t turn out to be well as the Reggae Girlz lost all three games leading to a disappointment.

Business Insider citing Bloomberg, the rapper is currently embroiled in a legal dispute with the sportswear giant, and the matter is under arbitration. The disagreement centers around a $100 million annual marketing fund, as disclosed in court documents viewed by Insider. Adidas alleges that it deposited $75 million into two Yeezy bank accounts, but according to Bloomberg, Kanye West (Ye) and his associated companies "mishandled almost all of the marketing funds." They reportedly failed to maintain proper separation of the funds and used them for unauthorized purposes.

India has significantly improved its passport ranking by rising 5 spots from last years and is now ranked 80th in the latest Henley Passport Index. Owning to this, Indians can travel to 57 destinations completely visa free or visas on arrival arrangements.  However, it is to be noted here that India has scored poorly in mobility.

A U.N. agency tasked with regulating the deep sea is debating whether to open the Earth’s watery depths to countries and companies that are now allowed to start applying for provisional mining licenses

central banks across emerging and advanced economies are expected to have digital currencies in circulation by the end of the decade, the Bank for International Settlements (BIS) found in a survey published on Monday. Central banks around the globe have been studying and working on digital versions of their currencies for retail use to avoid leaving digital payments to the private sector amid an accelerating decline of cash. Some are also looking at wholesale versions for transactions between financial institutions. Most of the new Central Bank Digital Currencies (CBDCs) will emerge in the retail space, where eleven central banks could join peers in the Bahamas, the Eastern Caribbean, Jamaica and Nigeria which already run live digital retail currencies, the BIS found in its survey of 86 central banks conducted late 2022. On the wholesale side, which in future could allow financial institutions to access new functionalities thanks to tokenisation, nine central banks could launch CBDCs, the BIS said.

Massachusetts year after year. The Vineyard, with a history of presidential visitors, has a reputation as a respite for the elite, a narrative that prompted Gov. Ron DeSantis of Florida to send two planeloads of migrants there without warning last fall, throwing the island in the national spotlight once again. Despite the stereotypes, the Vineyard's many cultures — African American, Brazilian, Jamaican and islanders that go back dozens of generations or far more, including Native Americans — have come to redefine this longtime summer destination as a place of community and joy. ITINERARYFriday

Gold Cup soccer tournament, which kicked off on June 24 and runs through July 16, the excitement continues to build. The highly anticipated 2023 Gold Cup is set to take place in 13 cities across North America this summer. Teams such as the USMNT, Mexico, Canada, Jamaica, and Costa Rica are expected to make strong runs in the tournament, adding excitement to the upcoming knockout round stage, which promises intriguing matchups. The matches will be hosted in various cities including Toronto, Arlington, Charlotte, Chicago, Cincinnati, Glendale, Harrison, Inglewood, Paradise, St. Louis, San Diego, Santa Clara, and Houston (twice). The USMNT aims to achieve a historic feat by becoming the first team to win consecutive Gold Cup titles since Mexico's triumph in 2009 and 2011. Meanwhile, the other participating teams are determined to break the trend of USA vs. Mexico finals, which have dominated the tournament since 2017.

The nonprofit Human Rights Foundation (HRF) has launched a central bank digital currency (CBDC) tracker, the organization announced at the same Oslo Freedom House event it hosts. The online tracker has published educational materials and a tip line. It is expected to become fully functional by year-end.