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Soumis par: zephyr
Posté le Apr 9, 2009
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By Oscar Ramjeet:
Caribbean Net News Special Correspondent -
Email: oscar@caribbeannetnews.com
PORT OF SPAIN, Trinidad: The Trinidad and Tobago government may face problems in trying to recover the money being advanced in the bail out of CL Financial Limited, the Caribbean’s largest...... [view]
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Soumis par: zephyr
Posté le Mar 14, 2009
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GEORGETOWN, Guyana: The Commissioner of Insurance in Guyana, Maria van Beek, said that the probe into the financial status of the CLICO (Guyana) insurance firm, hit by problems with its Trinidad-based parent company, will take about another four weeks but advised clients whose policies are still...... [view]
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Soumis par: zephyr
Posté le Mar 9, 2009
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GEORGETOWN, Guyana (GINA): On March 5, the shares of the great Citigroup, once one of the largest banks and companies in world, traded for only 97 US cents on the New York Stock Exchange.
Unfortunately, this is not a unique situation. It has been repeated with many other financial institutions...... [view]
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Soumis par: zephyr
Posté le Oct 17, 2008
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Letter: Bahamas Government creating a welfare state?
Dear Sir:
Over the past few weeks, Prime Minister Hubert Ingraham has obviously been feeling helpless with the many requests that he confronts for help from people grappling with the unkind effects of what is becoming a world wide...... [view]
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Soumis par: zephyr
Posté le Oct 14, 2008
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Reflections of Fidel:
THREE days ago, on Friday October 10, the world was shocked by the impact of the Wall Street financial crisis. There is no way to count the millions of dollars in paper money injected by the Federal Reserve into the world’s finances to keep up banking operations and...... [view]
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Soumis par: zephyr
Posté le Oct 13, 2008
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By ASIM ERDİLEK:
It is no longer just a global financial crisis waiting to be ended by government rescue plans of this sort and that sort, here and there. What we now have is a full-blown global financial panic, seemingly impervious to plans of any sort, which last week caused a brutal...... [view]
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