November 18, 2011
US reviving tariff on Caribbean travellers
CARIBBEAN, Canadian and Mexican travellers will now have to pay a US$5.50 tax if they enter the United States by air or sea. A US-Colombia free trade deal, passed last month, includes a clause that removes an exemption from the tariff for travellers…
November 18, 2011
Bahamas sees 40 per cent hike in visitor arrivals from Latin America
THE Bahamas saw a 40 per cent hike in visitor arrivals from Latin America for June and July, with Copa Airlines' four-weekly flights behind 98 per cent of the increase, according to statistics out of its Ministry of Tourism. Copa's Vice-President…
November 18, 2011
St Lucia, Royal Caribbean ink port deal
The St Lucia government Tuesday signed a multimillion-dollar agreement with the United States-based Royal Caribbean International to develop Port Castries into a cruise-ship destination in the southern Caribbean. The Saint Lucia Air and Sea Port…
November 17, 2011
BA and Virgin face fine by Nigeria’s aviation authority
Nigeria's civil aviation authority has fined British Airways and…
November 10, 2011
Wal-Mart unveils Black Friday circular
They may as well call it Black Thursday. Joining a slew of other…
November 10, 2011
Italy debt worries keep European markets on edge
European markets remained jittery on Thursday after Italy's record high cost of borrowing renewed fears over the eurozone debt crisis. After opening lower, markets in Germany and France rebounded to show slight gains in early morning trade, but…
November 10, 2011
Amnesty Intl. Urges Shell to Clean Up Nigeria Oil Spill
Amnesty International released a report Thursday saying Shell Oil should commit $1 billion to start cleaning up two spills in southeastern Nigeria that have impacted the livelihoods of thousands of farmers and fishermen. Amnesty says British…
November 10, 2011
Japan to Announce Decision on Joining Pacific Trade Pact
Japanese Prime Minister Yoshihiko Noda abruptly postponed a news conference Thursday at which he had been expected to announce that his government will join negotiations on a trans-Pacific free trade pact. Japanese news reports say the prime…
November 10, 2011
Anglo American sells stake in Chile mining operations
Mining giant Anglo American says it has sold a 24.5% stake in its operations in southern Chile to Japan's Mitsubishi for $5.39bn (£3.38bn). But the deal could hit trouble after Chile's state copper miner Codelco said it would exercise an option…
November 10, 2011
Jefferson County in Alabama faces bankruptcy
Leaders of the largest county in the US state of Alabama have voted to file for a $4.1bn (£2.6bn) bankruptcy, the costliest US municipal failure ever. Jefferson County has been struggling to avoid bankruptcy since 2008, but recent talks on a deal…