Germany may see economy shrink in fourth quarter

Germany, the main funder of the eurozone's many bailouts, may see its economy shrink by the end of the year as the crisis bites, the central bank has warned. Europe's largest economy will grow in the third quarter, but may experience a "slight…

US considers giving more Caribbean states more duty free access

Several Caribbean Community (CARICOM) countries could benefit as the United States considers whether to designate them eligible to receive benefits under the Caribbean Basin Economic Recovery Act (CBERA).Since 1983, the Caribbean Basin Initiative…

Eurozone Leaders Praise Greek Austerity Efforts

Eurozone leaders are praising the efforts of debt-ridden Greece to resolve its financial woes and resume its cost-cutting austerity.Some of the 16 other countries in the euro currency bloc have often attacked Athens for its slow pace in adopting…

London Court Opens Trial of 3 British Islamists Accused of Bomb Plot

Three British Islamists are on trial in Britain, facing accusations of plotting terrorist attacks that could have been deadlier than the 2005 London transit bombings. Prosecutor Brian Altman told a high-security London court Monday the three…

Russia Arrests 2nd Opposition Activist, Punk Band Members Sent to Prison

Russian investigators say they have arrested a second opposition activist in a crackdown against opponents of President Vladimir Putin, after the activist turned himself in. In a statement, Russia's Investigations Committee says Leonid Razvozzhayev,…

Self-Immolation at Famous Monastery in NW China

Another Tibetan has set himself on fire and died to protest Chinese policies in Tibet. Rights groups say a 61-year-old farmer named Dhondup set himself ablaze Monday near the remote Labrang Monastery in China's northwestern Gansu province. Some…

Foreign Affairs the Focus at Third Obama-Romney Debate

U.S. President Barack Obama and his Republican challenger, Mitt Romney, are set to debate for a third and final time Monday, this time on foreign affairs. For months during the long campaign leading to the November 6 election, surveys showed voters…

Kosovo Police, Nationalists Clash in Pristina, More than 20 Hurt

Kosovo police have used tear gas and pepper spray to break up a protest in the capital, Pristina, by stone-throwing nationalists opposed to European Union-mediated talks with Serbia. Authorities said Monday's confrontation outside government…

VAT on all food items will be removed by Nov 15th 2012

Trinidad and Tobago's Prime Minister Kamla Persad-Bissessar has announced that Value Added Tax (VAT) on all food items will be removed, effective November 15, as part of measures tabled in tomorrow’s 2012/2013 Budget presentation.Addressing a…

New OT minister heads to BVI on first OT visit

Mark Simmonds, the FCO’s new overseas territories minister, is heading to the Caribbean this week but he will not be coming to the Cayman Islands. The FCO said he would be visiting the British Virgin Islands on his first trip to a Caribbean…