June 7, 2012
Jamaica to strengthen ties with overseas community
Prime Minister Portia Simpson Miller said that the government of Jamaica will be strengthening relations with the Diaspora and regional and international partners. Speaking in the 2012/13 budget debate on Tuesday, Simpson Miller said that an…
June 7, 2012
Arrests target Puerto Rico airport drug running ring
On May 31, a federal grand jury indicted 25 individuals as a result of an investigation led by the Drug Enforcement Administration, the Puerto Rico Police Department (PRPD), and the Puerto Rico Department of Justice, United States Attorney Rosa…
June 7, 2012
Vincentians sue NYPD over alleged racial rough-up
Fifteen-year-old Brittany Rowley, a Vincentian honour student at an all-girls Catholic high school in Brooklyn, was heading to the library with a friend when she noticed a vehicle trailing them. What followed was “the most horrible thing I have…
June 7, 2012
Democratic Syria Impossible with Assad
U.S. Secretary of State Hillary Clinton says Syria cannot be peaceful, stable or democratic with President Bashar al-Assad in power. Speaking to reporters Thursday in Istanbul, Clinton said Assad has "doubled down on his brutality and…
June 7, 2012
China cuts key interest rates to boost growth
China has cut its key interest rates for the first time since 2008, in an attempt to boost its slowing growth. The benchmark one-year loan rate was cut by a quarter of one percent to 6.31% while deposit rates were cut from 3.5% to 3.25%. The…
June 7, 2012
Spain bond auction: Borrowing costs edge up
There was strong demand for Spanish bonds at an auction on Thursday, which was seen as a key test of the country's ability to raise funds, but it had to pay a higher interest rate. The rate on the 10-year bonds was 6.044%, up from the 5.743% paid…
June 7, 2012
Digicel sues Govt for ‘misfeasance’
Digicel Bermuda is suing Government for substantial damages “for misfeasance in public office” as part of the protracted legal battle over its launch last year of international long distance. The Royal Gazette understands from a legal source…
June 7, 2012
Bermuda seeks Islamic finance business
“Open for Islamic business:” That’s the message Business Bermuda took to the World Islamic Banking Conference: Asia Summit in Singapore. “After a whirlwind of meetings, events, conferences, and media interviews in Shanghai, Beijing, Singapore,…
June 7, 2012
LIME & Digicel Could Face Legal Action In Fees Battle
Caribbean Cellular Telephone (CCT) has not ruled out the possibility of seeking legal action against regional carriers, LIME and Digicel to recover what the company termed as "massive loss" due to anti-competitive behaviour. Jose Luis Fernandez,…
June 7, 2012
Carrie Underwood triumphs at CMT awards
Country singer Carrie Underwood has won the top award at the CMT Music Awards in Nashville for the third time in six years. The former American Idol winner picked up the coveted video of the year prize for her track Good Girl. Underwood was the only…