August 13, 2013
PM – Youths attracted by bright lights abroad, gangs at home
Prime Minister Kamla Persad-Bissessar on Monday issued a message in recognition of International Youth Day, in which she noted that young people are being attracted to the bright lights abroad and criminal and gang activity locally. The following is…
August 13, 2013
LIAT signs US$65m loan agreement
The shareholder governments of the regional airline, LIAT, yesterday signed a US$65 million loan agreement with the Barbados-based Caribbean Development BanK (CDB) as the cash-strapped airline seeks to upgrade its ageing fleet. The loan represents…
August 13, 2013
Is there a new iPhone coming this fall?
In a day of whiplash-inducing reports about Apple’s health and future, the most tantalizing tidbit to emerge from the blogosphere was a simple date: Tuesday, Sept. 10, 2013. That, according to a report in AllThingsD attributed only to “sources,” is…
August 13, 2013
Miners, deal news catch investors’ attention on an otherwise quiet day on Wall Street
Corporate deal stories and technology stocks were bright spots on Wall Street Monday on a day when the indexes ended relatively flat. BlackBerry jumped after the struggling smartphone maker said it would consider a sale. Dole Foods rose after its…
August 13, 2013
BP sues US govt over decision to bar company from new contracts after 2010 Gulf oil spill
BP is suing the U.S. government over a decision to bar the oil giant from getting new federal contracts to supply fuel and other services after the company pleaded guilty to manslaughter and other criminal charges related to the 2010 Gulf of Mexico…
August 13, 2013
Cayman Islands Government to stop Dart 50% tax
The new Cayman Islands PPM government says it is standing firm over its objection to the former UDP government’s decision to allow the Dart group to take half of the tax it collects in all its hotels and tourism accommodation over the next decade as…
August 13, 2013
Peru’s security forces kill three Shining Path rebels
Three Shining Path rebels, including a top leader, have been killed by the security forces in Peru, according to the interior minister. Wilfredo Pedraza said the guerrillas were shot dead in the country's south. Among those killed is Alejandro Borda…
August 13, 2013
Fire at Venezuela’s Puerto La Cruz oil refinery ‘over’
The vice-president of the Venezuelan state oil company PDVSA, Asdrubal Chavez, has said the blaze at one of the country's largest oil refineries has been extinguished. Officials say lightning sparked the fire at a storage tank of the Puerto La Cruz…
August 12, 2013
Colombia peace talks with Farc in Cuba make progress
The Colombian government and the country's main rebel group, the Farc, have hailed progress after the end of the 12th round of peace talks in Cuba. The government's chief negotiator, ex-vice president Humberto de Calle, said they had never got this…
August 12, 2013
Mexico drugs lord Caro Quintero’s release angers US
The US has reacted angrily to the early release by a Mexico court of a drugs lord who served 28 years in prison for the kidnap and murder of a US agent. The court cut short Rafael Caro Quintero's 40-year sentence for the 1985 killing of US Drug…