News

November 23, 2011

Chief Minister & Minister of Finance, Anguilla in London

UK Foreign Office Minister Henry Bellingham and Minister of State for…

November 23, 2011

Cuba to allow farmers to sell directly to hotels

Farmers in Cuba will be able to sell their goods directly to tourist hotels and restaurants from 1 December 2011, the official Communist Party newspaper Granma has announced. Under the new rules, Cubans will not have to go through government…

November 23, 2011

Mexican troops seize $15.3m alleged drug cash from car

Soldiers in Mexico have seized $15.3m (£9.8m) in cash, believed to belong to the country's most wanted drug lord, Joaquin "Shorty" Guzman. The security forces said they found the money when they searched a car in a well-to do neighbourhood of…

November 23, 2011

Brazil to fine Chevron $28m for Rio oil spill

Brazil has announced it is fining US oil company Chevron $28m (£17.9m) for causing an oil spill off the coast of Rio de Janeiro. Chevron has accepted responsibility, saying it had underestimated the pressure of underwater oil deposits while…

November 23, 2011

Merck & Co agrees $1bn Vioxx settlement in US

US drugs firm Merck & Co has agreed to pay almost $1bn (£640m) to settle criminal and civil…

November 23, 2011

IMF broadens lending power

The International Monetary Fund approved a number of changes to streamline its emergency lending process and deal with the European debt crisis. The goal: allow the IMF to provide cash in tough times, especially to otherwise healthy countries…

November 23, 2011

Stocks slip on worries over growth and Europe

Stocks ended in the red Tuesday, amid worries about U.S. economic growth. But losses were trimmed after the International Monetary Fund unveiled an enhanced lending program to help countries struggling with short-term liquidity problems from…

November 23, 2011

Fed orders stress tests for America’s biggest banks

The Federal Reserve wants to know: could America's largest banks endure another shock like the one in 2008? After the markets closed on Tuesday, the central bank ordered the top 31 U.S. banks, with assets of $50 billion or more, to participate in…

November 23, 2011

Egypt unrest: Cairo protests continue despite military concessions

Thousands of Egyptians have continued to occupy Cairo's Tahrir Square despite an offer…

November 23, 2011

Republicans 2012: National security focus at debate

The eight Republican presidential hopefuls have traded blows on national security at a wide-ranging debate in Washington DC. Before an audience of foreign policy experts, candidates were probed on domestic and foreign issues including defence cuts,…