May 22, 2012
JPMorgan suspends share buy-back
JPMorgan Chase has suspended its share buy-back programme, following a recent $2bn (£1.2bn) trading blunder. But the bank's chief executive, Jamie Dimon, said at a conference in New York that it would keep paying a dividend. JPMorgan was scheduled…
May 22, 2012
Google must answer EU antitrust concerns over search
Google has "a matter of weeks" to allay concerns it is abusing its dominant position in the search engine market, the European Commission has said. An investigation by Europe's antitrust head Joaquin Almunia looked at whether Google gave…
May 22, 2012
Russian PM outlines major tasks for new government
Russian Prime Minister Dmitry Medvedev has set up major tasks for the newly-unveiled government. During the first cabinet meeting, Medvedev outlined seven priorities for the new government. Among them are pushing forward basic socio-economic…
May 22, 2012
China fake parts ‘used in US military equipment’
Vast numbers of counterfeit Chinese electronic parts are being used in US military equipment, a key Senate committee has reported. A year-long probe found 1,800 cases of fake parts in US military aircraft, the Senate Armed Services Committee…
May 22, 2012
Mali Interim President Attacked, Taken to Hospital
Protesters who broke into Mali's presidential palace attacked the country's interim leader, who was rushed to a hospital in the capital, Bamako. Hospital workers said Mali's interim president, Dioncounda Traore, was released after emergency…
May 22, 2012
Syrian Unrest Spills Into Lebanon; Battles in Beirut
Hundreds of Lebanese mourners fired into the air Monday at a raucous funeral for an anti-Syrian cleric whose killing has set off deadly street battles in Beirut. News that Sheikh Ahmed Abdul-Wahid had been gunned down in Lebanon set off battles…
May 22, 2012
Al-Qaida Says Yemen Suicide Bombing Was ‘Revenge’
Al-Qaida says a suicide bomber's attack in Yemen that killed at least 96 troops and wounded more than 200 on Monday was revenge for what it called a U.S.-backed war on its followers. Yemeni officials say a suspected rogue soldier detonated the…
May 21, 2012
2012-2013 Budget Statem…The Road to Recovery
The Government of the Turks and Caicos Islands has faced numerous fiscal challenges over the past 5 years since being able to achieve its last fiscal surplus in 2006/2007. Saddled with large amounts of unpaid debts and unsustainable revenue…
May 21, 2012
QUEEN’S BIRTHDAY AND JUBILEE CELEBRATIONS CONFIRMED FOR TCI
Turks and Caicos Islands events to mark the Her Majesty the Queen’s Diamond Jubilee and Birthday have been announced by His Excellency the Governor today, Monday, 21 May 2012. The TCI events will run in conjunction with celebrations both in other UK…
May 21, 2012
Police Overview in the TCI
Here is an overview of activities occuring in the TCI through the Royal Turks & Caiocs Police Force. A BLACKBERRY Curve mobile phone was stolen from underneath a sports bag at the side of the Downtown basketball court. The theft happened early on…