News

February 18, 2011

Treasury unveils new financial services watchdog

A powerful new "financial policy committee" (FPC) at the Bank of England has been unveiled by the government. It will oversee the government's new system of regulators, set to replace the Financial Services Authority (FSA). FPC members will include…

February 18, 2011

Stocks end at fresh multi-year highs

U.S. stocks ended at fresh multi-year highs Thursday, as investors focused on an upbeat manufacturing report and looked past indications that inflation is heating up. Dow Jones industrial average (INDU) edged up 30 points, or 0.2%, with 21 of the…

February 18, 2011

US inflation rises 0.4% on higher food and energy costs

US prices rose 0.4% in January compared with the previous month, mostly due to rising food and fuel prices. The rate of change was the same as seen in December. The Consumer Price Index rose by 1.6% over the last year, before seasonal adjustment,…

February 18, 2011

G20 meeting urged to act on food price inflation

The G20 begins a two-day meeting on Friday against a background of rising food and commodity prices. Finance ministers and central bankers from 20 of the world's biggest developed and developing nations will gather in Paris. They are being urged to…

February 18, 2011

South African government helping Aristide return to Haiti

The South African government said on Thursday that it is helping ousted Haitian President…

February 18, 2011

Minister’s supporters want Anguilla governor to back off

Supporters from the constituency represented by Anguilla's Home Affairs Minister Walcott Richardson on Wednesday told the British appointed governor to back off and in essence stop calling for the minister's suspension. Governor Allistair…

February 18, 2011

US committed to boost Caribbean’s maritime capabilities, says St Kitts-Nevis PM

St Kitts and Nevis Prime Minister Dr Denzil Douglas says the Barack Obama Administration in the United States is committed to boost the Caribbean’s maritime capabilities. Speaking during his weekly radio call in programme “Ask the Prime…

February 18, 2011

Thousands to lose jobs, says Trinidad opposition leader

Trinidad and Tobago opposition leader, Keith Rowley, has criticised the government over the hiring and firing of employees. He told a public meeting on Tuesday night that 4,000 contract employees in the public service will lose their jobs because…

February 18, 2011

Bahrain urged to show restraint after bloody clampdown

Washington has urged Bahrain to show restraint in dealing with protesters and called for…

February 18, 2011

Libya protests: Death in al-Bayda as unrest spreads

At least one person has been killed in protests across Libya on Thursday in what…