January 8, 2012
A first for Caricom – Region now has two serving women prime ministers
When Portia Simpson Miller took the ceremonial oath yesterday afternoon from Governor General Sir Patrick Allen as Jamaica’s new prime minister, it was a history-making event for the rest of the Caribbean Community (Caricom). For, along with her…
January 8, 2012
Barbados take T20 title
A healthy dose of restrictive bowling, along with a composed knock from newly-appointed captain, Kirk Edwards, guided Barbados to a five-wicket victory over archrivals, Trinidad & Tobago, when the final of the UWI Cave Hill Campus Twenty20…
January 8, 2012
Mavericks sign Chinese forward Yi Jianlian
The Dallas Mavericks officially signed 6- foot-10 Chinese forward Yi Jianlian to a one-year deal contract on Friday. Yi is expected to begin his stint with the Mavericks on the team's D-League affiliate, the Texas Legends in Frisco, when the club…
January 8, 2012
FIFA rejects Warner’s claims over $1 WCup TV deals
Former FIFA vice-president Jack Warner peddled "inaccuracies and falsehoods" when he claimed last month that he got World Cup television rights for $1 in exchange for supporting Sepp Blatter's presidential campaigns, football's governing body…
January 8, 2012
US economy creates 200,000 jobs in December
The US economy created 200,000 jobs in December, marking the sixth month in a row of gains, official figures show. The rise was much more than expected. Analysts had forecast an increase of about 150,000 jobs. The unemployment rate dropped to 8.5%,…
January 8, 2012
Eurozone unemployment stays at record high
Unemployment in the eurozone stayed at a record high in November as the impact of the sovereign debt crisis rumbled on, according to official figures. The jobless rate in the 17 nations that use the euro was 10.3% in November for the second month…
January 8, 2012
IMF chief qualifies negative global outlook
The International Monetary Fund chief has said that it will downgrade predictions for global economic growth to lower than 4.0% later this month, due to the effects of a widening Eurozone crisis. At a news conference in Pretoria, South Africa,…
January 8, 2012
Yahoo CEO scores $26 million pay package
Yahoo's new CEO is poised to score a rich payday for taking on the troubled company. He's eligible for up to $26 million this year in salary, stock and bonuses. Scott Thompson, formerly the president of PayPal, was appointed Yahoo CEO on Wednesday…
January 8, 2012
Obama strengthens military in Asia-Pacific
US President Barack Obama has unveiled a defence strategy to expand the country’s military presence in the Asia-Pacific region amid defence cuts. It’s a time of transition for the world’s largest military power. To cope with budget cuts and…
January 8, 2012
Russian warships heading for Syria
The Russian Navy's warships patrolling the eastern Mediterranean Sea were heading for a Syrian port, the state-owned Itar-Tass news agency reported on Friday. The warships were scheduled to arrive in Tartus, a point of logistics supplies of the…