US budget: No new deal in White House talks

Talks at the White House to try to break the deadlock over the US national debt have broken up without agreement. President Barack Obama and congressional leaders have agreed to resume the talks, which ended after 75 minutes, on Monday. Mr Obama is…

Qantas sees $122m carbon tax cost and warns of higher air fares

Qantas Airways claims the new carbon tax is likely to increase the cost of its operations by as much as 115m Australian dollars ($122m; £76.7m). However, the airline says the extra cost will be passed on to passengers as it increases fares. Qantas…

China’s imports slow down as domestic demand dips

The pace of growth of imports to China slowed down in June as the government's efforts to rein in growth hit domestic demand. Imports to China grew by 19.3% in June, compared with a year ago, a sharp decline from the 28.4% surge in May, latest…

Australia plans to impose carbon tax on worst polluters

The Australian government has unveiled plans to impose a tax on carbon emissions for the worst polluters. Prime Minister Julia Gillard said carbon dioxide emissions would be taxed at A$23 ($25; £15) per tonne from 2012. The country's biggest…

British Grand Prix: Fernando Alonso storms to Silverstone win

Fernando Alonso took Ferrari's first win of 2011 with a stunning drive at a thrilling British Grand Prix. The Spaniard took the lead following a pit-stop problem for Red Bull's Sebastian Vettel but the Ferrari had genuine race-winning pace. Vettel…

T&T’s medley relay team into World Youth finals

Trinidad and Tobago’s boys medley relay team will be seeking to win this country’s first medal at the 7th IAAF World Youth Track and Field Championships which comes to an end later today at the Stadium Lille-Metropole, in Lille, France. The quartet…

Women’s Football: Bermuda Win 5-0

The Bermuda Women’s Olympic Football team won their third and final game in the Preliminary Competition CONCACAF Caribbean Zone in the Dominican Republic at the Estadio Panamericano stadium. Bermuda’s starting team included Kimmisha Perinchief,…

Century for Chanderpaul

SHIVNARINE CHANDERPAUL compiled his 23rd century and with tailender Fidel Edwards led a West Indies’ fightback against India at lunch on the final day of the third Digicel cricket Test at Windsor Park here today. At the interval, the West Indies,…

Latin America & the Caribbean makes MDG Strides

LATIN America and the Caribbean has made strides towards achieving the Millennium Development Goals (MDGs), but there is still much work to be done before the 2015 target date. The MDGs are a list of eight development objectives to which the…

Governor and Minister of Finance signs country 2011 budget into law.

His Excellency Governor Eugene Holiday and Minister of Finance Honourable Hiro Shigemoto signed into law the countries 2011 budget on July 7, 2011. The Naf.420.916.597 million budget is Naf.23.526.328 million less than the one that was approved by…