A decade of rising household and corporate borrowing has left Jamaica’s financial system exposed to destabilising shocks, according to a Bank of Jamaica (BOJ) report analysing macro-prudential indicators from 2013 to 2024. While the Government has slashed its own borrowing, families and companies now shoulder heavier financial burdens — sparking fears of a ripple effect if global shocks or rising interest rates hit. But the weight of this debt isn’t just a government problem anymore. Over the pa...

Twenty-three-year-old Troy Ann Anderson was crowned Miss Universe Jamaica East (2025) last week inside the auditorium of Wolmer’s Boys’ School. Anderson emerged victorious from a field of 28 other competitors to take the crown and an automatic spot in the national finals of the Miss Universe Jamaica pageant. Jamaica Observer photographer Joseph Wellington was at the coronation ceremony and shares some highlights in the gallery below.

ST JOHN’S, Antigua (CMC) – Prime Minister Gaston Browne has defended the decision of the Antigua and Barbuda government to sell the megayacht abandoned here by the father of a Russian woman who have gone to court in the United States challenging the sale of the Alfa Nero. Speaking on a programme on the state-owned ABS Television on Thursday night, Browne told viewers that the sale was the best option available to the government when it was sold. “We are the only small island state that had ended...

‘Nightmare tenant’

KINGSTON, Jamaica (AFP) -- Jamaican sprint star Kishane Thompson has told AFP he sees a big margin for improvement after the "major stepping stone" of his surprise Olympic 100 metres silver medal in Paris last year. The 23-year-old, who was little known coming into 2024, came so close to beating Noah Lyles that several broadcasters called it for the Jamaican before the American was finally awarded first place by 0.005 seconds. "It's gone and passed," Thompson said in an interview. "I can't look ...

‘Write your own yes’