News

March 7, 2011

US Stocks falls

U.S. stock market indexes dropped sharply in Monday's midday trading. The Dow Jones Industrial Average lost eight-tenths of a percent, the S&P 500 fell 1.1 percent, and the NASDAQ plunged 1.9 percent. European stock markets were lower at the…

March 7, 2011

Former French President on Trial for Corruption Charges

Former French President Jacques Chirac went on trial Monday on corruption charges related to hirings that allegedly benefited his center-right party. Chirac becomes the first French head of state to go on trial. The charges date back to when…

March 7, 2011

Greek Government Says Credit Downgrade Is Wrong

The Greek government says the most recent downgrade of its credit rating is “completely unjustified” and ignores the substantial progress the nation has made toward cutting its deficit. Moody's Investor Services downgraded Greece's credit rating…

March 7, 2011

Karzai to Petraeus: Apologies are not enough

Apologies are not sufficient when it comes to civilian casualties, Afghan President…

March 7, 2011

Gas prices top $3.50

U.S. gasoline prices increased nearly 33 cents in a two-week period, the second-biggest price jump in the history of the gasoline market, according to a survey of filling stations. The latest Lundberg Survey of cities in the continental United…

March 7, 2011

Happy 2nd birthday, bull market!

The bull market is celebrating its second birthday. Banks and retail stocks have led the way but investors may want to think about changing their bets if they think the party is going to continue. The S&P 500 has doubled in value from the bear…

March 7, 2011

Turks and Caicos lawyers up in arms over special prosecutor’s letter

The Turks and Caicos Islands (TCI) Bar Council has received a letter from the British-funded…

March 7, 2011

CLEAN UP TCI

The Department of Planning will be embarking on a massive cleanup drive throughout ALL communities of the Turks and Caicos Islands.   In order to curtail and eliminate the problems of unsightly properties, which are destroying the visual…

March 7, 2011

Royal holiday for TCI

  The royal wedding of Prince William and Kate Middleton on April 29th 2011 will now be a public holiday for residents of the Turks and Caicos Islands. At its meeting last week, the governor's Advisory Council agreed to mark the special occasion…

March 7, 2011

Advisory Council meets

      At their meeting on Wednesday 2nd March the Advisory Council reviewed a number of papers and…