Markets plunge amid bad economic news
NEW YORK (AP):Despair over the economy sent Wall Street plunging again Wednesday, propelling the Dow Jones industrials down 733 points, or 7.8 per cent, to their second-largest point loss ever. Stocks fell on a combination of disheartening economic data....
CARIFORUM, European Community sign EPA
Thirteen of 15 member states of CARIFORUM yesterday signed the Economic Partnership Agreement (EPA) with the European Community, ushering in a completely new trading relationship between the region and Europe. The signing ceremony took place...
EU leaders approve US$2.3 trillion bailout for banks
BRUSSELS, Belgium (AP):EU leaders endorsed a €1.7 trillion ($2.3 trillion) continent-wide emergency bailout for the banking sector at summit talks Wednesday. Polish Finance Minister Jacek Rostowski, along with other EU officials and diplomats, confirmed ...
Bartlett upbeat on tourism
WESTERN BUREAU: Despite jitters in the hospitality industry that the global financial crisis could affect Jamaica, Tourism Minister Edmund Bartlett said the sector would survive the mammoth threat to the country's top income...
Investigators probing failure of US bank
SEATTLE (AP): Federal authorities said Wednesday they have opened an investigation into the failure of Washington Mutual Inc., the largest US bank failure.US Attorney Jeff Sullivan said in a statement that the FBI, the Federal Deposit Insurance Corp.,...
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