March 22, 2011
Tokyo Electric Power to pay farmers for radiation loss
Tokyo Electric Power (Tepco) will have to compensate farmers for losses caused by the nuclear radiation leaking from its power plants, Japan has said. The firm will have to take responsibility, said Chief Cabinet Secretary Yukio Edano at a press…
March 22, 2011
Japan’s carmakers are getting set to restart production
Japanese car manufacturers are looking to restart production after their operations were disrupted by the deadly earthquake and tsunami. Toyota Motors says it will announce plans to restart production on Tuesday. Production at Honda Motors and…
March 22, 2011
US & European Stocks Make Gains
U.S. stock market indexes made strong gains in Monday's trading. The Dow Jones Industrial Average gained 1.5 percent to end at 12,037. The S&P 500 moved up 1.5 percent to close at 1,298 while the NASDAQ jumped 1.8 percent to finish at 2,692.…
March 22, 2011
World Bank: Five Years, $235 Billion for Japan Recovery
World Bank officials say it may take five years for Japan to recover from the recent earthquake and tsunami with costs running as high as $235 billion. Monday's report from the bank says the damage may turn out to be the equivalent of 4 percent…
March 22, 2011
UN Appeals for Patience as Haitians Await Election Results
The United Nations is urging the Haitian people to show patience and restraint as they await…
March 22, 2011
Extradition treaty compromised Jamaica’s sovereignty, says PM
Jamaican Prime Minister Bruce Golding has charged that the extradition treaty between Jamaica and the United States is tilted heavily in favour of the superpower, and has effectively compromised the island's sovereignty. On Friday, Golding told…
March 22, 2011
CARICOM energy ministers meet this week to discuss oil prices
Amidst the current volatility of oil prices on the world market, ministers responsible for energy in the Caribbean Community (CARICOM) will gather in Georgetown, Guyana, this week to scrutinise an overview of the energy situation and trends in…
March 22, 2011
Bahamas election to be held ‘on time’ says PM
Bahamas Prime Minister Hubert Ingraham would not confirm whether the general election will be called this year as has been speculated in some circles, however, he said that it "would be called on time." "Those who are speculating, that's what…
March 22, 2011
Coalition Fires More Missiles at Libyan Targets, Expands No-Fly Zone
A top U.S. military official said the multinational coalition…
March 22, 2011
Israeli Air Strikes Wound 17 in Gaza
Witnesses and militant groups say Israel carried out air strikes in the Gaza Strip late Monday, wounding at least 17 people after militants fired mortar shells and rockets into the Jewish state two days earlier. Medical officials from the Islamist…