HSBC and Goldman sued for allegedly fixing metal price

Goldman Sachs and HSBC are among four platinum and palladium dealers to be sued in New York for allegedly fixing the price of the metals. The four companies are said to have rigged prices for eight years. BASF and Standard bank were also sued in the…

Jamaica’s Opposition walks out of House

Jamaica's Opposition parliamentarians walked out of the House of Representatives yesterday in protest against the Government's handling of the controversial Outameni property purchase and the refusal of the prime minister to answer questions tabled…

For the UK it is all about the money, the money, not justice

Dear Sir, For the UK it is all about the money, the money,...not justice More than five years after the suspension of the TCI constitution, it is now clear that the United Kingdom’s excursion into TCI’s internal affairs is more about finding…

Another successful year for TCI Financial Services Commission

The Financial Services Commission (FSC) today extends congratulations to five of its employees for completion of their Bachelors and Associate Degrees at the Turks and Caicos Islands Community College. Kristen Brown, Gessie Germain, Tanecia Hall,…

Marine Forecast for Tuesday & Wednesday

MARINE FORECAST ISSUED BY THE BAHAMAS DEPARTMENT OF METEOROLOGY AT 2130 UTC.   SPECIAL WARNINGS:  SWIMMERS SHOULD EXERCISE CAUTION DUE TO THE RISK OF RIP CURRENTS….   GENERAL SITUATION:  AN AREA OF HIGH PRESSURE IS OVER THE BAHAMAS & EXTENDING…

PUBLIC FORECAST FOR TONIGHT AND TOMORROW

SPECIAL WARNINGS:  SWIMMERS SHOULD EXERCISE CAUTION DUE TO THE RISK OF RIP CURRENTS….   WEATHER:  FAIR AND MILD TONIGHT WITH A FEW STRAY SHOWERS BECOMING PARTLY TO MOSTLY CLOUDY TOMORROW WITH SCATTERED SHOWERS AND ISOLATED THUNDERSTORMS   ADVISORY:…

Predators defeated the Kings in the PABA

In the weekends PABA games just concluded, the Hustlerz defeated the Shottas 44-38. Mohen Cox scored 11 points for the Shottas supported by one of the best high school players Darly Francois who scored 8 points and had 3 rebounds.  In the second…

Sony Pictures computer system hacked in online attack

Sony Pictures Entertainment has been targeted by computer hackers in an attack which reports say forced it shut down its systems on Monday. A skull appeared on computer screens along with a message threatening to release data "secrets" if…

Gov’t bans importation of used and reconditioned vehicles

A decision by Cabinet in Antigua to ban the importation of used cars older than five years has met strong condemnation from segments of the population. The DAILY OBSERVER media received a press release from the Environment Division that read:…

US economy grows faster than first forecast

The US economy grew much faster than first reported during the third quarter, official figures have shown. It expanded at an annualised rate of 3.9% between July and September, up from the 3.5% first estimated by the Bureau of Economic Analysis. The…