June 11, 2012
IMF puts Jamaica’s debt at 140% of GDP
The International Monetary Fund (IMF) says Jamaica's debt is 140 per cent of gross domestic product (GDP), 10 percentage points worse than the figure used by the Government, and has warned that it could climb to a Greek-like 150 per cent, or higher,…
June 11, 2012
Chavez: Venezuela concerned about lower oil prices
Venezuelan President Hugo Chavez says his government is concerned some fellow OPEC member countries are violating their quotas by producing too much oil. Chavez says Venezuelan Oil Minister Rafael Ramirez will bring up those concerns at next week's…
June 11, 2012
Markets welcome Spanish banks rescue deal
Markets in Europe and Asia have risen in response to the bailout of Spain's banks that was agreed over the weekend. On Saturday, eurozone ministers agreed to lend Spain's banks up to 100bn euros ($125bn; £80bn). The FTSE 100 in London rose 1.0%, the…
June 11, 2012
Gordon Brown gives evidence of row with Sun
Ex-Prime Minister Gordon Brown says lessons cannot be learned about press standards unless there is honesty about how details of how his son's cystic fibrosis was published by the Sun. He said he and his wife Sarah were "presented with a fait…
June 11, 2012
US commerce secretary John Bryson in car crash probe
US authorities are investigating car collisions involving US Secretary of Commerce John Bryson, who was later found unconscious at the wheel. There were three collisions on Saturday near Los Angeles, California, after which Mr Bryson was treated for…
June 8, 2012
Bahamas PM calls crisis meeting on crime
The murder of a mother and son late Tuesday night triggered Bahamas Prime Minister Perry Christie to convene a crisis meeting on crime early on Wednesday, at which he ordered the leaders of law enforcement agencies to proceed with a sense of…
June 8, 2012
Another executive member of the ruling NDC has added his voice to the PM Money Scandal
Another executive member of the ruling National Democratic Congress (NDC) has added his voice to the ongoing debate on cash received by the party’s leader, Prime Minister Tillman Thomas, from a foreign donor. Treasurer Bernard Isaac said Tuesday…
June 8, 2012
Mega investment projects to stimulate growth in Jamaica
Prime Minister Portia Simpson Miller said the three mega investment projects to be implemented by the Ministry of Transport, Works and Housing, will stimulate growth and generate employment opportunities in Jamaica. The projects are: the…
June 8, 2012
Government ministers bat for Grenada PM
Two National Democratic Congress (NDC) political party executive members, who are also Grenada government ministers, have brushed aside suggestions that there was something untoward in Prime Minister Tillman Thomas receiving a cash contribution…
June 8, 2012
LeBron James scores 45 points as Heat force Game 7 vs. Celtics
LeBron James refused to let another season end in Boston. The Eastern Conference finals, and his chase of an NBA championship, are headed back to Miami for a Game 7. James had 45 points and 15 rebounds, overwhelming the Celtics and leading the Heat…