November 30, 2011
LIME strikes deal with CARICOM
Telecommunications firm LIME has signed an agreement with the CARICOM secretariat to provide videoconferencing equipment and services to Jamaica and seven other member countries, as well as five other territories in the region. In a statement,…
November 30, 2011
EU entering ‘critical period’ to resolve debt crisis
EU finance ministers are meeting in Brussels after a top official said the region had just days…
November 30, 2011
Eurozone unemployment rate rises to 10.3%
The eurozone unemployment rate rose slightly to 10.3% in October, up from a revised 10.2% in September, official figures have shown. The number of people unemployed rose by 126,000 from September to 16.3 million. The rate in Germany fell to 5.5%…
November 30, 2011
Largest project in Haiti nears reality
THE biggest international project aimed at helping Haiti rebound from the 2010 earthquake eased closer to reality at a ceremony Monday. Former US President Bill Clinton and Haitian President Michel Martelly broke ground for an ambitious US$224…
November 30, 2011
S&P downgrades credit rating of major banks
Ratings agency Standard & Poor's has downgraded the long-term credit grades of a string of major financial firms. Wall Street titans Bank of America and Goldman Sachs, along with Barclays, HSBC, and some firms in Germany and France were affected.…
November 30, 2011
EU plans new consumer watchdog for disputes
Shoppers who get into disputes with European traders should find it easier to get an out-of-court settlement in future, under new EU proposals. The European Commission proposes an EU-wide online platform for consumers to "solve contractual…
November 30, 2011
Public sector strike to be ‘largest for a generation’
Public sector workers are staging a strike over pensions in what unions say is set to be…
November 30, 2011
Britain Withdraws Some Diplomats from Iran After Embassy Assaults
Britain says it is withdrawing some of its embassy staff from Iran following Tuesday's mob assaults on British diplomatic compounds in the capital, Tehran. In a statement Wednesday, the British foreign office says the safety of British embassy…
November 30, 2011
Biden Says US Pullout from Iraq Marks New Phase in Relations
U.S. Vice President Joe Biden has told Iraqi leaders in Baghdad that the two countries are embarking on a “new path” as the United States prepares to complete a troop pullout by the end of December. Biden was speaking Wednesday in a meeting with…
November 30, 2011
Turkey Imposes Asset Freeze, Other Sanctions on Syrian Leaders
Turkey says it is freezing the assets of Syrian leaders and taking other steps to pressure them into stopping a deadly government crackdown on an eight-month pro-democracy uprising. Turkish Foreign Minister Ahmet Davutoglu announced the sanctions…