June 9, 2011
EU offers farmers US$300m for E coli crisis
Pressed hard by outraged farmers, the European Union farm chief yesterday increased his offer of compensation for the E coli outbreak to €210 million (US$306 million). EU Farm Commissioner Dacian Ciolos had initially proposed €150 million (US$219…
June 9, 2011
No output deal as OPEC talks collapse
OPEC talks broke down in acrimony yesterday without an agreement to raise output after Saudi Arabia failed to convince the oil cartel to lift production. “We were unable to reach an agreement—this is one of the worst meetings we have ever had,”…
June 9, 2011
New Gulf of Mexico energy finds for Exxon
Exxon Mobil Corp has made two big new oil discoveries and a natural gas find in the deepwater Gulf of Mexico, news that underscores the importance of the prolific basin to US crude output. Oil and gas exploration in the Gulf was halted by the US…
June 9, 2011
Fitch to review US rating if no debt ceiling deal
Fitch Ratings says it might downgrade US debt if lawmakers fail to increase America's borrowing limit before the government runs out of money in August. The rating agency, based in New York, said yesterday that it will put the debt on watch for a…
June 9, 2011
Torrential rains spark deadly floods in Haitian capital
United Nations peacekeepers and humanitarian staff are helping with…
June 9, 2011
Guyana launches separate probe into Rusal official
Guyana has rejected the results of an internal investigation by a Russian bauxite company that found that a general manager did not threaten workers at one of its plants last month. Labour minister Manzoor Nadir says Guyana's government has…
June 9, 2011
LIAT and unions to meet
The management of LIAT and the unions representing workers at its City Ticketing Offices (CTOs) will meet on Friday to continue discussions surrounding the closure of the city offices. The airline's Corporate Communications Manager Desmond Brown…
June 9, 2011
REDjet faces further delays
Regional carrier REDjet is facing further delays in getting approval to fly to Jamaica. Two weeks ago, the director general of the Civil Aviation Authority, Colonel Oscar Derby said a decision would have been made by June 4 on REDjet’s…
June 9, 2011
No bail for man charged with $370,000 trick
A 49-year-old man,who is alleged to have conned a lecturer out of more than TT$370,000 in US, Canadian and T&T currency, was denied bail yesterday. Naitram Jaggan, of Mayo Road, Mayo, was not called upon to plead when he appeared before…
June 9, 2011
Bureaucracy and Continued Inconsistencies of interim Administration.
Bureaucracy and Continued Inconsistencies of the Interim…