News

April 2, 2011

US unemployment rate falls to new two-year low of 8.8%

The US unemployment rate fell to a new two-year low in March of 8.8%, from 8.9% in February. It was the fourth monthly fall in a row. The unemployment rate has fallen by a percentage point during the last four months. Employers created 216,000 jobs…

April 2, 2011

Eurozone unemployment rate begins to fall

The unemployment rate in the eurozone area has begun to fall, official figures show. For the first time in over a year the percentage of people out of work dipped below 10%, having dropped in February to 9.9%. However, the unemployment rate diverges…

April 2, 2011

Oil price hits 30-month high on new supply fears

Oil prices jumped to their highest close in two-and-a-half years as Libya's conflict and Middle East unrest sparked fresh worries about supplies. Brent crude for delivery in May rose $2.23 to $117.36 a barrel, its highest close since August 2008…

April 2, 2011

Brazil banks sued for Amazon deforestation

Brazil's biggest bank - the state-run Banco do Brasil - is being sued for allegedly funding deforestation in the Amazon. Public prosecutors say the bank lent money to companies that illegally cleared the rainforest and used labour practices…

April 2, 2011

Cricket World Cup: Muralitharan set to defy injury

Sri Lanka spinner Muttiah Muralitharan is set to put his body on the line in a bid to end his…

April 2, 2011

Asafa Powell versus Tyson Gay

Jamaican sprinter Asafa Powell confirmed he will go head-to-head against American Tyson Gay on British soil this year. Gay was the fastest man over the 100-metre distance last year. The pair's first showdown will take place at the Aviva Grand…

April 2, 2011

Warner retains CONCACAF top position

Caribbean football mogul, Jack Warner, will take charge of CONCACAF for a sixth successive term after being nominated without opposition for the post of president. Warner, a powerful FIFA vice president and key ally of FIFA president Sepp…

April 2, 2011

Boys champs in Jamaica

Calabar High titan Traves Smikle continued his merry ways at the Inter-Secondary Schools Sports Association (ISSA)/GraceKennedy Boys and Girls' Athletics Championships, smashing his own national junior record, with a mammoth 66.88m heave in the…

April 2, 2011

TAXES FOR TCI

The 2011 Budget presentation of the Turks and Caicos Islands will…

April 2, 2011

Grace Bay Club wins “Best Beach Getaway” award

Grace Bay Club was awarded the #1 spot in the Top 10 Beach Getaways in the March/April…