August 24, 2014
Fed chief Yellen says slack remains in US jobs market
US Federal Reserve chair Janet Yellen has said there is still "remaining slack in the labour market". It was understated by the unemployment rate, at 6%, she said. She called for the slack to be "more nuanced" in the way it was assessed, due to…
August 24, 2014
HSBC boss makes capital flight claim
Uncertainty over an independent Scotland's currency could lead to "capital flight" from the country, the chairman of HSBC has claimed. Writing in the Telegraph, Douglas Flint said supporters of independence were "advocating a giant step into…
August 24, 2014
IMF defends Antigua policies
A senior official of the International Monetary Fund (IMF) Tuesday defended its policies towards Antigua and Barbuda after the island’s new government launched a scathing attack on the Washington-based financial institution. IMF Deputy Director of…
August 24, 2014
ALERT #7 ON TROPICAL STORM CRISTOBAL
ALERT #7 ON TROPICAL STORM CRISTOBAL ISSUED BY THE BAHAMAS DEPARTMENT OF METEOROLOGY, SUNDAY, 24TH AUGUST 2014, AT 12PM EDT. …CRISTOBAL IS MOVING SLOWLY NORTH-NORTHWESTWARD NEAR THE SOUTHERN BAHAMAS WITH HEAVY RAINFALL LIKELY FOR THE TURKS AND…
August 24, 2014
Shakira song ‘broke copyright laws’
A hit song performed by Colombian pop star Shakira was indirectly copied from another songwriter’s work, a federal judge in New York has found. Judge Alvin Hellerstein said Shakira’s Spanish-language version of Loca in 2010 had infringed on a song…
August 24, 2014
Bolt sets new Poland indoors 100m best 9.98 secs
Jamaican sprint superstar Usain Bolt set a new best time of 9.98sec for the rarely run 100m indoors at Warsaw’s national football stadium yesterday. The Olympic champion and world record holder (9.58s) eclipsed the previous best mark for the…
August 24, 2014
Bolt calls it quits for 2014 season
Reports out of Europe are that triple World Record holder Usain Bolt has pulled the plug on his short 2014 season and has withdrawn from Thursday’s Diamond League meeting in Zurich. Athletics Weekly posted on its twitter account Sunday morning that…
August 24, 2014
F1: Ricciardo wins Belgium GP
Red Bull's Daniel Ricciardo followed up on his superb win in Hungary by clinching victory in the Belgium Grand Prix Sunday, but it was again tensions within the Mercedes camp that made the headlines. It was Red Bull's 50th victory, but the race…
August 24, 2014
US Coast Guard seize cocaine worth US$19m in Caribbean
The United States Coast Guard says it has seized more than 570 kilograms of cocaine with an estimated value of US$19 million. The Coast Guard said Friday the drugs were seized during a patrol, dubbed “Operation Unified Resolve” and that a go-fast…
August 24, 2014
St Lucia implements ‘indefinite stay stamp’ for all OECS visitors
St. Lucia has implemented all administration arrangements to give effect to the movement of people across the nine-member Organisation of Eastern Caribbean States (OECS), according to a statement issued by the OECS Commission’s Regional Integration…