December 29, 2011
St Vincent and the Grenadines ranked in top world destinations by CNN
St Vincent and the Grenadines (SVG) has been ranked number five in the “World’s Top Destinations for 2012” by Cable News Network (CNN). SVG is the only Caribbean destination to make the CNN rankings and is described as “a tropical paradise”.…
December 29, 2011
I-Octane, Mavado no-show at Sting
Sting 2011 has come and gone. At the end of the night, Merciless lay dead, but high-riding entertainer, I-Octane was nowhere in sight, neither was Mavado, both of whom had performed at Jagra GT Taylor Christmas Extravaganza the previous night.…
December 29, 2011
Cops charge deejay after Sting
Patrick Gaynor, one-half of the entertainment duo Twin of Twins, found himself in trouble with the law after he is alleged to have used indecent language at the Sting show on Monday night. Police say that Gaynor was arrested and charged with…
December 29, 2011
Singapore appoints representative to Caricom
Singapore has appointed its first Plenipotentiary Representative to the Caribbean Community (CARICOM). He is Kemal Siddique, a released issued today by the Ministry of Foreign Affairs stated. Siddique, the Executive Director of Tony K Siddique &…
December 29, 2011
Cuba wraps up dramatic year of economic change
A year at the vanguard of Cuba's economic revival has not brought Julio Cesar Hidalgo riches. The fledgling pizzeria owner has had his good months, but the restaurant he opened with his girlfriend often runs at a loss. At times, they can't afford…
December 29, 2011
Italy borrowing costs fall sharply at auction
The cost of borrowing faced by the Italian government has fallen sharply at its latest debt auction. The government raised 9bn euros ($11.8bn, £7.56bn) in short-term debt at half its previous interest rate. The interest on the six-month bills was…
December 29, 2011
S Korea’s factory output dips on weaker domestic demand
South Korea's industrial output shrank in November as weaker domestic demand weighed on the construction and services sectors. Output fell by 0.4% from October, the statistical office said, worse than many analysts had predicted. Spending on…
December 29, 2011
Brazil becomes sixth largest economy
Brazil has overtaken Britain as the world's sixth largest economy. It's predicted that Brazil's economy may grow five percent next year. It’s much bigger in size than the UK and now it seems Brazil is also bigger economically. The London-based…
December 29, 2011
India and Japan sign new $15bn currency swap agreement
India and Japan have signed a $15bn (£9.7bn) currency swap agreement as the two nations seek to boost financial co-operation. It will see them swap currencies for US dollars and tap into each other's foreign exchange reserves to ease any liquidity…
December 29, 2011
South Stream pipeline gets Turkey green light
Turkey has given permission for the South Stream gas pipeline to be built across its territories, giving the project a clear run into the lucrative energy markets of Europe. The pipeline will transport Russian gas to Europe under the Black Sea.…