December 14, 2011
US Federal Reserve continues ‘Operation Twist’ stimulus
The US Federal Reserve has left interest rates unchanged and said that it will continue with its bond-buying stimulus programme. However, one member of the Fed's rate-setting dissented and wanted more stimulus to the economy. The Fed said it…
December 14, 2011
Apple founding papers sold at auction for nearly $1.6m
Apple's founding papers have been sold at auction for $1,594,500 (£1.03m). Sotheby's had estimated the three typed partnership agreements would sell for between $100,000 and$150,000. The documents were signed by the firm's three co-founders, Steve…
December 14, 2011
US official to visit Turkey over shield plan, terror
U.S. Defense Secretary Leon Panetta will visit Turkey to discuss a U.S. radar system to be installed in eastern Turkey as part of NATO's missile shield project, a report said here on Tuesday. Turkish Daily News quoted diplomatic sources as saying…
December 14, 2011
US May Freeze $700 Billion in Aid to Pakistan
The U.S. Congress is expected later this week to pass a measure that would freeze up to $700 million in aid to Pakistan because of fears that Islamabad is not doing enough to combat the spread of homemade bombs. U.S. lawmakers are concerned that…
December 14, 2011
Roadside Bomb Kills 6 in Southern Afghanistan
A roadside bomb has killed at least six civilians, including women and children, in southern Afghanistan's Helmand province. Local officials issued a statement Tuesday saying that the victims were killed when their vehicle hit a bomb along a road…
December 14, 2011
4 Killed, 123 Wounded in Attack in Belgium
Five people have been killed and more than 120 others wounded in an attack in the eastern Belgian city of Liege. Belgian officials say the attacker lobbed hand grenades and fired a rifle at a bus stop in Saint Lambert Square, a busy shopping area…
December 14, 2011
US House Passes Payroll Tax Cut, Links it to Pipeline Plan
The U.S. House of Representatives has passed legislation to extend a payroll tax cut that expires at the end of the year, but the extension is tied to a provision that restarts work on a much-disputed U.S.-Canada oil pipeline project. Despite the…
December 14, 2011
GOVERNOR UPBEAT ABOUT PROSPECTS FOR TCI IN 2012
Governor Ric Todd has provided an upbeat assessment of the prospects for TCI in 2012 at the…
December 14, 2011
Chair of the Consultative Forum shares the ‘national woes’ of the Turks and Caicos Islands
Chair of the Consultative Forum of the Turks and Caicos Islands Mrs.Lillian Missick, made a huge impact when she opened the 27th and final sitting of the Forum for 2011. She referred to what she regards as 'national woes' which have befallen the…
December 14, 2011
Inter Health Canada Christmas tree lighting
Inter Health Canada will be spreading some Christmas cheer this week by way of its annual Christmas tree lighting, which will take place at the Cheshire Hall Medical Centre this coming Thursday December 15 between 4.30pm and 5.30pm. Events include…