May 19, 2011
Japan back in recession as earthquake cuts consumption
Japan, the world's third largest economy, contracted sharply in the first three months of…
May 19, 2011
Greece warned over economic reforms by IMF
The man leading the IMF mission to Greece has warned that the country's plans for reducing its budget deficit will fall short without further reform. Greece must cut its budget deficit to 7.6% of GDP this year to meet the terms of its EU and IMF…
May 19, 2011
US Stocks Advance
U.S. stock indexes advanced in Wednesday's trading. The Dow Jones Industrial Average rose seven-tenths of a percent to close at 12,560. The S&P 500 index gained nine-tenths of a percent to end at 1,341 while the NASDAQ gained 1.1 percent to…
May 19, 2011
ECCU accounting professionals increase capacity in financial reporting standards
Over 50 accounting professionals from the Eastern Caribbean Currency Union (ECCU) member countries are engaged in a train the trainers workshop on the international financial reporting standards (IFRS) at the ECCB headquarters in St Kitts and…
May 19, 2011
Obama to Deliver Major Speech on Changes in Mideast, N. Africa
President Barack Obama delivers a major address Thursday about historic changes in the…
May 19, 2011
Al-Qaida Releases Posthumous bin Laden Audio
Al-Qaida has released an audio recording by Osama bin Laden made just days before his death. A U.S.-based monitoring service, SITE, said Wednesday that in the audio, the al-Qaida former leader praises revolutions sweeping the Middle East and North…
May 19, 2011
Strauss-Kahn arrest: IMF boss faces new bail hearing
International Monetary Fund (IMF) head Dominique Strauss-Kahn will make a new plea for bail at a court hearing on Thursday morning, his lawyer says. Mr Strauss-Kahn, 62, faces a number of charges in the alleged sexual assault of a hotel maid in…
May 19, 2011
China ‘will not match’ US military power – general
China has no intention to match US military power, a top Chinese general has said. Speaking in Washington, Gen Chen Bingde said America's armed forces remained far more advanced than China's despite considerable progress by China in recent years.…
May 19, 2011
Japan’s Economy Shrinking at 4% Annual Rate
Japan says its economy shrank at an annual rate of nearly 4 percent during the first three months of the year, as the country struggles to recover from the March earthquake and tsunami. Japan's gross domestic product — the total of all goods and…
May 18, 2011
World Hypertension Day Celebration
World Health Organization (WHO) attributes Hypertension or high blood pressure as the leading cause of cardiovascular deaths. The theme for World Hypertension Day, May 17th, 2011 is “Know Your Numbers and Target Your Blood Pressure”. This silent…