July 15, 2011
Powell wary of Bolt
Despite backing himself to take gold at the World Championships in Daegu, world leader in the 100m event Asafa Powell remains wary of World and Olympic champion Usain Bolt. Bolt, despite holding the record over the distance, has looked in…
July 15, 2011
Badminton players off to training stint in UK
TWO of Barbados’ Badminton senior national players will be attending a training camp in England as they prepare for the upcoming Caribbean Badminton Championships. Kevin Wood and Dave Forde will take part in the Liba Training Camp which begins…
July 15, 2011
Jeter surprised All-Star no-show caused commotion
Derek Jeter(notes) says he’s surprised his no-show at the All-Star game caused such a commotion. The Yankees shortstop became a lightning rod this week as talk about his absence kept building. Jeter’s decision to rest his sore right calf rather than…
July 15, 2011
EU bank stress test results due
The European Banking Authority (EBA) is set to publish the results of stress tests of 90 banks across Europe later. The tests are designed as a financial healthcheck and aim to ensure banks have sufficient capital to withstand difficult economic…
July 15, 2011
Italian Senate passes austerity package
The Italian Senate has passed a tough austerity budget, including cuts of 48bn euros ($67bn; £42bn) over three years. The lower house must also adopt the measures in a vote on Friday. Correspondents say that is likely. Italy has one of the largest…
July 15, 2011
Gold price hits all-time high on US debt concerns
The price of gold has risen to a fresh all-time high of $1,594.16 an ounce, and the dollar has fallen, on concerns the US may default on its debts. The moves came after ratings agency Moody's said it may cut the debt rating of the US, warning…
July 15, 2011
Phone hacking: Murdoch defends handling of crisis
News Corporation's chairman Rupert Murdoch says his company has handled the phone-hacking crisis "extremely well" and will recover. In an interview with the Wall Street Journal, he said it would establish an independent committee to "investigate…
July 15, 2011
S&P says it may downgrade the US’s triple-A debt rating
Standard & Poor's has become the latest ratings agency to issue a warning of a possible downgrade to the US's debt rating. It said there was a "one-in-two" chance that it may cut the US's AAA rating if a deal to raise the government's debt ceiling…
July 15, 2011
White House: Friday ‘Important Moment’ In Debt Talks
White House officials say they will assess Friday whether they can reach a deal with opposition Republicans on raising the U.S. government’s legal borrowing limit. President Barack Obama negotiated with top lawmakers from both parties Thursday,…
July 15, 2011
Senegal’s President Looks to Third Term
Senegal's President Abdoulaye Wade says he is confident he could win re-election, a strong indication that he plans to run for another term in February despite street protests against his rule. In his first major speech since the protests last…