Regional News

Brazil, Peru condemn Honduran limits on Zelaya

SAO PAULO (Reuters) – Brazil and Peru yesterday  condemned the refusal by the de facto government of Honduras to  allow ousted President Manuel Zelaya to leave the country  unless he drops his demand to be reinstated.

Venezuela arrests ex-securities commission chief

CARACAS (Reuters) – Venezuela said yesterday it  arrested the former president of its National Securities  Commission, the capital markets regulator, in a widening  criminal probe into seven small private banks shuttered by  authorities last week.

I am resented — Felice

(Jamaica Observer) Assis-tant Commissioner Justin Felice, head of the constabulary’s Anti-Corruption Branch, says he has been the subject of deep resentment from members of the force as well as the public.

Venezuela to sign $3B in Cuba deals

HAVANA (Reuters) – Cuba and Venezuela were set to  sign cooperation deals worth about $3 billion yesterday, underscoring Caracas’ role as the communist-run  island’s closest political and commercial ally.

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.

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