Month: December 2011

December 20, 2011

Multi-million dollar drug haul in The Bahamas

Anti-narcotics officers yesterday seized some 1,035 pounds of marijuana during an operation in West Grand Bahama, State Minister Loretta Butler Turner has said. The narcotics, worth an estimated US$1, 035,000 were discovered in the Holmes Rock…

December 20, 2011

2,000 new jobs projected from implementation of mining policy in Jamaica

The Ministry of Energy and Mining is projecting the creation of up to 2,000 jobs within the mining sector in Jamaica over the next 10 years. The projection is based on the extent of associated activities resulting from the full implementation of…

December 20, 2011

Venus Williams with draws from ASB Classic in Auckland

Venus Williams' participation in the Australian Open has been put in doubt after she withdrew from January's ASB Classic in Auckland, New Zealand because of ongoing health issues. The 31-year-old former world number one has been receiving…

December 20, 2011

Mills: Bolt could turn to 400m later

Glen Mills, coach of the world's fastest man, Usain Bolt, believes his star athlete has all the attributes to be a great quarter-miler and may in fact turn to the event when he's "not as fast" anymore. Mills is not alone in his assessment of Bolt,…

December 20, 2011

Afflalo agree to five-year contract worth up to $43 million with Nuggets

The Denver Nuggets continued their post-Carmelo Anthony rebuilding effort Monday, signing restricted free agent guard Arron Afflalo to a five-year deal worth up to $43 million, a source confirmed to SI.com It was the second time in six days that…

December 20, 2011

Britain boycotts IMF eurozone rescue scheme

European countries have agreed to provide 150bn euros (£125bn; $194bn) to the International Monetary…

December 20, 2011

Solving debt crisis tops Denmark’s EU presidency agenda: Minister

Solving Europe's debt crisis will take the center stage in Denmark's upcoming EU presidency, the country's Minister for Europe said here Monday. "The crisis will heavily affect our agenda and we will do our best to secure what we can do to do…

December 20, 2011

Iran signs deal with Russia to develop oil field

Iran has signed a deal reportedly worth up to one billion U.S. dollars with Russia's Tatneft to develop an oil field, a rare example of new foreign investment in a country under tight economic sanctions. For a country under tight economic…

December 20, 2011

AT&T ends $39bn bid for T-Mobile USA

US telecoms giant AT&T has said it will not pursue its $39bn bid to buy T-Mobile USA after running into fierce government objections. AT&T said the actions of the government to block the deal do not change the problems faced by the mobile phone…

December 20, 2011

North Korea’s Sudden Power Shift Raises Uncertainty

The death of longtime North Korean leader Kim Jong Il and promotion of his…