Month: June 2011

June 15, 2011

Fed chief Bernanke warns of US debt ceiling threat

The chairman of the US Federal Reserve, Ben Bernanke, has warned that the country's…

June 15, 2011

TCIG successful in recovering Joe Grant Cay land: first judgment in major civil recovery case

TCIG has been successful in obtaining the recovery of…

June 15, 2011

TCIG explains PPC Mishap

PPC’s disruptive action in disconnecting power supplies to Government buildings on Providenciales yesterday and earlier today was most regrettable. The Ministry of Finance has been in discussion with PPC since early 2011 in an effort to…

June 15, 2011

CSA talks PPC disconnection

  The CIVIL SERVICE ASSOCIATION today sent a release to RTC News on the Provo Power Company disconnection which reads: The recent disconnection of power by Provo Power Company (PPC) Ltd, to Government offices which took place from June 13, 2011 is…

June 15, 2011

House gutted in Provo kills 2 year old

The Royal Turks & Caicos Islands Police in Providenciales are investigating a fire of unknown origin which destroyed a wooden structure apartment in Five Cays Providenciales in the early morning hours of Tuesday 14th June 2011. A 2 year old…

June 15, 2011

Qantas cuts growth forecast as more flights hit by ash

Qantas airlines has cut its forecast for domestic growth as it faces various problems including the continuing disruption due to volcanic ash. Australia's national carrier said it expected domestic capacity to grow by just 5.5% this year compared…

June 15, 2011

China inflation at 34-month high on rising food prices

Inflation in China hit its highest level in 34 months despite the government's efforts to rein in rising prices. Consumer prices in China rose by 5.5% in May, compared with the same month last year, according to the National Bureau of Statistics.…

June 15, 2011

Honda warns of profit slump due to earthquake

Honda has become the second major Japanese carmaker in a week to warn of dramatically lower profits due to reduced production resulting from March's massive earthquake. It forecast net profits of 195bn yen ($2.4bn; £1.5bn) for the year to the…

June 15, 2011

Libya unrest: Rebels edge west at Misrata

Libyan rebels fighting to topple Col Muammar Gaddafi have…

June 15, 2011

UK presses Sri Lanka over Channel 4’s ‘war crimes’ film

The UK Foreign Office has pressed Sri Lanka to investigate alleged atrocities during its civil war after "horrific" footage aired in a TV programme. Britain's Channel 4 showed what it said was previously unseen footage of what purported to be…