June 1, 2012
Donation allegations refuted by Grenada PM’s Office
Grenada’s Prime Minister Tillman Thomas has admitted receiving money from an overseas donor as leader of the ruling National Democratic Congress (NDC), but it’s not US$150,000 as claimed by the opposition New National Party (NNP). Dr Keith…
June 1, 2012
JLP would not have taxed new items
Opposition leader, Andrew Holness, says a Jamaica Labour Party administration would not have placed general consumption tax on the new items which will now attract the tax. Making his contribution to the budget debate in parliament this…
June 1, 2012
Spain denies ‘senseless’ IMF bailout rumours
Spain's economy minister has dismissed talk of it seeking a bailout from the International Monetary Fund (IMF) as "senseless". And the IMF denied that Spain had asked to discuss rescue loans. The IMF has contributed to bailouts of all the other…
June 1, 2012
US economic growth slower than thought in first quarter
The US economy grew at an annualised 1.9% in the first three months of 2012, less than the 2.2% first thought. The slower growth rate - which was in line with forecasts - followed a modest downward revision in consumer spending. A rise in the growth…
June 1, 2012
British Chambers of Commerce cuts growth forecast
The British Chambers of Commerce (BCC) has slashed its forecast for economic growth this year, from 0.6% to 0.1%. But the group, which represents more than 100,000 businesses, raised its forecast for 2013 from 1.8% to 1.9%. The data, in the BCC's…
June 1, 2012
UN Rights Body to Discuss Syrian Slaughter
The United Nations' top human rights body is holding an emergency session Friday in Geneva to discuss last week's slaughter of dozens of men, women and children in the Syrian town of Houla. The U.N. Human Rights Council is expected to place at…
June 1, 2012
Aung San Suu Kyi Calls for “Healthy Skepticism” of Burma’s Reforms
Burmese democracy leader Aung San Suu Kyi called on the international community Friday to exercise “healthy skepticism” as her country implements reforms after half a century of military rule. In an address to the World Economic Forum in Bangkok,…
June 1, 2012
Thunder win Game 3, snap Spurs’ 20-game winning streak
Kevin Durant scored 22 points, Thabo Sefolosha set playoff career-bests with 19 points and six steals, and the Oklahoma City Thunder snapped San Antonio's 20-game winning streak by beating the Spurs 102-82 in Game 3 of the Western Conference finals…
June 1, 2012
Bolt clicks
Reigning double Olympic sprint champion Usain Bolt silenced his detractors yesterday, storming to a world-leading 9.76 seconds to win the 100 metres at the Rome Diamond League. Questions were raised about cracks in Bolt’s armour after his…
June 1, 2012
Mayweather headed to jail
Free time is about to run out for Floyd Mayweather Jr., who is due to begin a three-month jail sentence in Las Vegas stemming from a hair-pulling, arm-twisting attack in September 2010 on the mother of three of his children. The unbeaten…