BP reaches Deepwater Horizon settlement with MOEX

One of the owners of the oil well that leaked millions of gallons into the Gulf of Mexico last year has agreed to contribute to BP's compensation fund. MOEX Offshore has agreed to pay $1.065bn (£657m) to BP to settle all claims between the…

Tepco president quits as firm reports $15bn loss

The president of Tepco, which operates Japan's crippled Fukushima nuclear power plant, has resigned as the firm reported a loss of 1.25tn yen ($15.3bn; £9.4bn) for the past financial year. Masataka Shimizu will be replaced by managing director…

Pakistan: Militants attack Karachi naval air base

Gunmen have attacked a military base in the Pakistani city of Karachi, killing at least 11…

China Confirms North Korean Leader’s Visit

South Korean officials say Chinese Premier Wen Jiabao confirmed Sunday that North Korean leader Kim Jong Il is in his country to study its dramatic economic development. South Korean President Lee Myung-bak's office says the Chinese leader made…

Chile to Exhume Ousted Leader Allende’s Body Monday

Chilean authorities are set to exhume the remains of former President Salvador Allende to see if they can settle the lingering question of whether he was killed in a 1973 U.S.-supported coup or committed suicide. Mr. Allende's family called for…

Honduran Accord Permits Ousted Leader Zelaya’s Return

An accord has been reached that will allow ousted Honduran leader Manuel Zelaya to return to his homeland, and for Honduras to regain entry to the Organization of American States. Mr. Zelaya reached the deal with his successor, current President…

Militants Attack Karachi Military Base, 4 Killed

At least four people have been killed in an intense battle inside a military base in the Pakistani city of Karachi. Police say 15 to 20 militants attacked the Mehran naval aviation station late Sunday, armed with guns and grenades. A raging fire…

Statement from the FCO consultation team

In a release sent to RTC News from the FCO team, the…

FCO phone-in session on the draft Constitution

The FCO team will take part in a live radio phone-in on Radio Turks and Caicos on Friday 20 May as part of the consultation on the Draft Constitution. Callers will get a chance to comment or ask questions on the final recommendations submitted…

Advisory Council met on May 18th

The Advisory Council met on Wednesday 18 May at the NJS Francis building, Grand Turk. The Council engaged in discussions with the visiting FCO team on constitutional reform in the TCI.  Members offered recommendations for amendments to various…