December 7, 2011
Eurozone crisis: New EU treaty ‘may not be needed’
Tougher rules to tackle the eurozone debt crisis can be achieved without changing EU treaties, European Council President Herman Van Rompuy says. In a leaked report for a crucial EU summit beginning on Thursday, he offers a fast-track "fiscal…
December 7, 2011
India confirms suspension of retail reform
India's parliament has resumed after the government confirmed that it was suspending a plan to open up the retail market to global supermarkets. The decision has been suspended "till a consensus is developed through consultation among various…
December 7, 2011
Citigroup to cut 4,500 jobs worldwide
US banking giant, Citigroup, has said it is to cut 4,500 jobs around the world in an effort to reduce its costs. The group has put aside $400m (£250m) to pay for the cuts, according to its chief executive Vikram Pandit. The money will be written…
December 7, 2011
China Rescues 178 Children in Massive Child Trafficking Case
Chinese police say they have rescued 178 children and arrested 608 suspects in a crackdown on suspected human trafficking gangs. China's public security ministry said Wednesday that over 5,000 police officers made the arrests last month during a…
December 7, 2011
India Suspends Plan to Allow Foreign Retailers
India's government has suspended a plan to open the country's retail sector to foreign companies, following weeks of protests that have brought parliament to a halt. The government said Wednesday the plan will remain on hold until the stakeholders…
December 7, 2011
Obama in Kansas slams Republicans over inequality
US President Barack Obama has drawn a clear distinction between Democratic and Republican economic arguments in a rare address in the state of Kansas. In Osawatomie, he echoed President Theodore Roosevelt, who spoke there in 1910, saying the US…
December 7, 2011
Chinese, US Defense Officials Meet in Beijing for Annual Talks
U.S. and Chinese defense officials are meeting in Beijing for the first high-level talks since bilateral relations were strained by an American arms sale to Taiwan and the announcement of a U.S. plan to deploy troops in Australia. U.S. Under…
December 6, 2011
Male found floating in the water off Ocean Club West Resort, Grace Bay,
On Monday 5th December 2011 at approximately 6:55am a deceased African-American male was found floating in the water off Ocean Club West Resort, Grace Bay, Providenciales. An autopsy is being performed to ascertain the cause of death. The identity…
December 6, 2011
Police investigates robbery
The Police in Grand Turk are investigating a robbery which occurred around 8:15pm on Saturday 3rd December 2011 at Tequila Bar on Saunders Pond West Road, Grand Turk. During that robbery a masked male discharged a firearm which resulted in a male…
December 6, 2011
Pakistani actress nude pose sparks controversy
A Pakistani actress who posed in the nude for an Indian magazine with the initials of Pakistan's…