Seaga “Cautiously Optimistic” Jamaica Could Withstand Shocks From A Global Recession

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Prominent businessman, Metry Seaga, says he’s cautiously optimistic that the improved state of the Jamaican economy will enable it to withstand shocks which may arise should fears of a global recession materialize.

Mr. Seaga is also the immediate past President of the Jamaica Manufacturers’ and Exporters’ Association, JMEA.

He was speaking this afternoon with Nationwide News.

Metry Seaga, Prominent Businessman and immediate past president of the JMEA, speaking this afternoon with Nationwide News.

Fears of a global recession intensified on Wednesday due to a looming trade war between two of the world’s superpowers, the US and China.

However, US stock markets rebounded Thursday afternoon as upbeat retail sales data offset recessionary fears.

Earlier today, Private Sector Organization of Jamaica, PSOJ President, Howard Mitchell, said his members have adopted a wait and see approach as the world braces for the possibility of a recession in the global economy.

Mr. Mitchell says while there are no jitters in the private sector, the issue is being monitored closely.

Howard Mitchell, President of the Private Sector Organization of Jamaica, PSOJ, speaking today with Nationwide News.



Abka Fitz-Henley is a multiple award-winning journalist who is currently the Senior Reporter at Nationwide News Network (NNN). His primary areas of focus are Court, Crime and Parliamentary proceedings. Fitz-Henley was recently recognized in the regional celebrity magazine publication Panache as “The Breaking News Boss”. At 21 years of age, following his 1st year in media, Fitz-Henley was recognized with the Young Journalist of the year award from The Press Association of Jamaica and went on to cop one of the country’s highest recognized journalism prizes, the Journalist of the Year Award. He’s also been awarded the prestigious Corporate Jamaica Broilers Fairplay 1st place Award for investigative journalism and is the recipient of the Caribbean Blog Award for coverage of the infamous Kartel murder trial. Fitz-Henley is also the recipient of the PM Youth Award for Excellence. Over the years, he has appeared as a guest on the BBC World Service and BBC London.


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