Month: February 2012

February 9, 2012

Defence claims ex-CFO, not Stanford behind alleged scheme

Lawyers for Texas tycoon, Allen Stanford, have claimed that it was his former chief financial officer and not their client who was the mastermind behind an alleged seven-billion-dollar Ponzi scheme. Stanford is on trial for allegedly defrauding…

February 9, 2012

DPSU threatens to stage protest action

Public Servants on the island have given the government an ultimatum to retract statements which were made by Productivity Consultant Parry Bellot that they are unproductive-or face protest action. The Dominica Public Service Union (DPSU) called a…

February 9, 2012

General Audit Chamber of Sint Maarten achieves membership in CAROSAI.

Chamber, Mr. Roland Tuitt, of the approval of its membership request.The Caribbean Organization of Supreme Audit Institutions is a regional organization wherein the Supreme Audit Institutions (SAI's) of over 20 (island) nations are represented,…

February 9, 2012

Fabio Capello quits as England manager after meeting with FA

Fabio Capello has resigned as England manager, the Football Association has confirmed. Capello…

February 9, 2012

Zambia 1-0 Ghana

Emmanuel Mayuka came off the bench to score a late goal as Zambia shocked Ghana to earn a place in the Africa Cup of Nations final. The substitute collected a pass and steered a shot into the bottom corner 12 minutes from the end after Asamoah…

February 9, 2012

Bolt to open season at Camperdown Classic

World 100 and 200-metre record holder Usain Bolt will open his 2012 season at the Camperdown Classic this Saturday at the National Stadium. Bolt listed the meet on his website as his first for the 2012 season although not mentioning which event he…

February 9, 2012

Maradona threatens to leave Al Wasl

Diego Maradona warned the owners at Al Wasl on Tuesday that he may not return to coach the team next season if it doesn't buy the kind of players that would allow him to compete for the league title. The Argentine football great complained at a…

February 9, 2012

Raid at TTFF office

The Trinidad and Tobago Football Federation (TTFF) had some of its physical assets levied upon by some members of the national football team that participated in the 2006 FIFA World Cup finals in Germany. Accompanied by a Court Marshall and…

February 9, 2012

Greece bailout: Coalition fails to agree cuts

Greek PM Lucas Papademos has failed to secure the support of his coalition for a raft of new…

February 9, 2012

European central banks to blast cash into economy

With Europe sliding toward recession, the region’s two main central banks are preparing to redouble their emergency measures aimed at softening the downturn and blunting the effects of the government debt crisis. Analysts expect the U.K.’s…