Regional News

Chavez seeks gain from Venezuela bank purge

CARACAS (Reuters) – Venezuelan President Hugo Chavez was due to leave for a trade summit in Uruguay yesterday hopeful he dispelled public panic at home and gained political ground in an ongoing purge of the nation’s financial sector.

ILO says 43 million workers may lose jobs globally

GENEVA (Reuters) – As many as 43 million workers risk dropping out of the world labour market or moving into long-term unemployment if governments revoke economic stimulus measures too soon, the International Labour Organisation said yesterday.

Ecuador gives oil firms until March to sign deals

QUITO (Reuters) – Oil companies operating in Ecuador  have until March to sign new contracts or the government will  “change the rules of the game” to give the state more control over  the sector, President Rafael Correa said yesterday.

BBC Caribbean News in Brief

OECD enforces new tax measures The Organisation for Economic Co-operation and Development (OECD) says it is now moving to the enforcement phase in its crack down on tax havens.

Bandits shoot UWI professor

(Trinidad Express) – A University of the West Indies mathematics professor was shot and robbed on Tuesday night, after being ambushed by two bandits just as he and his wife arrived at their St Augustine home.

Colombia says Venezuela imposes Cuba-like embargo

BOGOTA (Reuters) – Colombian President Alvaro Uribe accused Venezuela yesterday of imposing an illegal trade blockade similar to the US embargo on Cuba after his Andean neighbour said Colombia was engaged in “psychological war.”

EU says banana deal near, some producers unhappy

GENEVA (Reuters) – A deal is close for an end to “banana wars”, the world’s longest-running trade dispute, the European Union’s farm trade chief said yesterday, but some producers made it clear they were not happy at the prospect.

Varying views on Manning’s plan to store carbon

(Trinidad Express) There were varying views on Monday from an environmentalist, physicist and geologist, on Prime Minister’s Patrick Manning’s controversial plan to capture and store carbon emissions to reduce global warming.

Latin American leaders divided by Honduras election

ESTORIL, Portugal (Reuters) – Latin American countries meeting here with Spain and Portugal struggled with their response to the Honduras election, with large South American countries saying failure to condemn it could spur political instability in the region.

Today's Paper

The ePaper edition, on the Web & in stores for Android, iPhone & iPad.

Included free with your web subscription. Learn more.