Heat apologize to Amare Stoudemire

The Miami Heat issued a statement Thursday apologizing to the New York Knicks and Amare Stoudemire for Miami's arena announcer mocking the forward when he fouled of Wednesday's playoff game. Heat announcer Michael Baiamonte referred to Stoudemire…

Twin Car Bombs in Syrian Capital Kill 55

Two suicide car bombs that exploded in the Syrian capital near a state intelligence compound Thursday killed at least 55 people and wounded another 370, making it the country's deadliest attack since an opposition uprising began 14 months ago.…

US Agents Break Up Honduran Cocaine Ring

U.S. federal agents have arrested 28 people for allegedly running a cocaine smuggling ring between Honduras and northern Virginia. Officials say many of the suspects are illegal immigrants from Honduras. Investigators say that the ring used…

JPMorgan Reveals $2 Billion Trading Loss

The chief executive of JPMorgan Chase — America's largest bank — revealed Thursday that the bank recently lost $2 billion in the same complex, risky trades that helped bring on the 2008 financial crisis. Jamie Dimon called the bank's actions an…

World markets recover from stumble over Europe elections

Stock markets recovered around the world following an early stumble caused by election results in France and Greece that appeared to jeopardise Europe’s plans for fighting its debt crisis. Greek voters over the weekend punished mainstream…

Protests in Guinea Turn Violent

Police in Guinea have used tear gas and batons to disperse protesters demanding the government open talks with the opposition about the organization of the long-delayed legislative elections. A VOA reporter said clashes between police and…

US oil prices lower, further declines expected

Brent crude continued its descent, falling by 18 cents per barrel to US$113.02 yesterday. But benchmark US oil rose slightly, adding 42 cents to US$97.23. Analysts say oil prices should keep falling this summer if supplies grow as expected. OPEC…

Gov’t tables $612b budget

Finance Minister Dr Peter Phillips has tabled a $612 billion budget for the 2012-2013 fiscal year. This is $76 billion or approximately 14 per cent more than the $536 billion which was allocated for expenditure last year. The budget includes…

TCI Softball

Saturday was another great day of Fast Pitch Softball at the down town ballpark in Providenciales, where the defending Champs was beaten with the 10 (Ten) run rule: Silver Deep Cruises lost to the Lady Panthers 12 while in the second game Kischo 6…

Turkey match fixing: Football Federation clears clubs

Turkey's top football teams have been cleared of match-fixing by the country's football federation after a long-running investigation. The federation said in a statement that "elements of the alleged disciplinary violation [had] not materialised"…