Chavez makes new Posada demands
The Venezuelan President, Hugo Chavez, has renewed his calls for the US to hand over an anti-Castro Cuban militant accused of planning the bombing of a Cuban airliner off Barbados in 1976. Chavez addressed President Barack Obama in a speech on Wednesday, saying: “Send us Posada Carriles. Do justice.”
The Venezuelan leader said that for five years Venezuela has been urging the US to extradite the former CIA operative wanted for allegedly plotting the attack on the Cuban plane that killed 73 people. Posada Carriles, who Chavez called “the biggest terrorist of this continent,” denies the bombing allegations.
New curfew slapped on Kingston slums
It’s the second day of a curfew imposed in parts of the Jamaican capital, Kingston, as police continue a campaign against drugs gangs. People have been told to stay off the streets in several districts while police search for wanted men, weapons and ammunition. The curfew ends early today.
More than seventy people were killed in the Jamaican capital last month when police and troops tried to capture the alleged drug lord, Christopher Coke. He is still at large.
Bank issues order against insurer
The Central Bank of Trinidad and Tobago has suspended operations of a local insurance company on issues of capital requirement – the amount of money a business needs for its normal operations.
The bank said the order against Motor and General Insurance Company went into effect on Tuesday and will be in place for 60 days. It prevents the company from writing new or renewing business.
The Trinidad government decided to rescue another insurance company Clico last year, when the company faced major liquidity issues.
Since then, the central bank has gained additional regulatory powers over insurers.
