Markets discount Shaw's illness

published: Friday | October 10, 2008 Minister of Finance Audley Shaw. Jamaica's markets reacted coolly yesterday to the illness of Finance Minister Audley Shaw, with brokers saying that global events, rather than the immediate state of the minister's health were more likely to shape short-term investment behaviour here. In any event, the presence at the Finance Ministry of the technocratic Don Wehby, and Dwight Nelson - both of whom sit in Bruce Golding's Cabinet with full ministerial rank - was helping to calm nerves. "I don't know the extent of his illness, whether it is a long-term illness or short-term illness, but I think he has capable people at the Ministry of Finance," said Anya Schnoor, the head of Scotia DBG, the investment banking arm of the Scotiabank group. Shaw collapsed Wednesday at a meeting with government... [read full story]