October 19, 2011
James prods FIFA – J’can urges world body to explain recent bans
Caribbean Football Union (CFU) presidential candidate Tony James, while expressing sympathy for Captain Horace Burrell, has called on FIFA to clearly state the reasons for recent bans on various regional officials in the wake of a probe into a…
October 19, 2011
Windies lose to Bangladesh
West Indies were shockingly routed for 61, their second lowest score ever in One-Day Internationals, as they crashed to a humiliating eight-wicket defeat to Bangladesh in the third and final ODI earlier today. Sent in on a difficult wicket, the…
October 19, 2011
Holness to be sworn in as PM in jamaica
THE transition of leadership of the government will be completed on Sunday when Prime Minister Bruce Golding will formally tender his resignation to the Governor-General and a new prime minister will be sworn in. This will take place at a special…
October 19, 2011
Boy killed in freak accident at Dover raceway
A young boy was reportedly hit by a racing car at Dover raceway yesterday after he ran on the track to view a car that had just been totalled according to THE JAMAICAN STAR understands. Eyewitness reports are that the child was struck after…
October 19, 2011
IMF proposes public sector wage freeze and spending cuts in Barbados
The International Monetary Fund (IMF) has proposed that the Barbados Government adopts a two-year wage freeze in the public sector as part of its prescription to bolster that Caribbean nation’s sagging economy. An International Monetary Fund (IMF)…
October 19, 2011
Minister of Finance of St.Maarten says 2012 National Budget Balanced.
Preparations are underway to send the 2012 National Budget to the Committee of Financial Supervision CFT after the Council of Ministers (COM) approved a balanced budget on Monday, Minister of Finance Hon. Hiro Shigemoto of St,Maarten announced on…
October 19, 2011
China cuts holdings of US debt after ratings downgrade
China has reduced its holdings of US debt to their lowest level in a year, after the US's credit rating was downgraded by Standard & Poor's (S&P). China sold $36.5bn (£23.2bn) in US Treasuries or bonds to cut its holding to $1,137bn in August,…
October 19, 2011
Apple full year profits rise 85%
The world's biggest technology company Apple has reported full year results, showing net profit for the year to 25 September at $25.9bn (£16.5bn), up 85% from the previous year. Even that was not enough to satisfy Wall Street, with the shares…
October 19, 2011
Moody’s cuts Spain’s debt rating
Moody's has downgraded the rating of Spain's government bonds. The ratings agency cut Spain two notches, two days after Standard & Poor's took the same decision. Moody's said it had cut the rating because there had been no credible resolution to the…
October 19, 2011
Turkey Taps Arab World For Tourist Dollars
Hard economic times in Europe is hitting the tourist industry in Turkey. But the country is enjoying a rather surprising dividend in the growing popularity of its prime Minister Recep Tayyip Erdogan across the Middle East. It is proving an…