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Bolt smashes world record PDF Print E-mail
Sunday, 08 June 2008
bolt.jpgNEW YORK CITY, New York – Jamaica’s Usain Bolt smashed the 100-metre world record on Saturday night, when he clocked 9.72 seconds to win at the Reebok Grand Prix at Icahn Stadium.

Bolt erased the previous mark of 9.74 seconds set by fellow Jamaican Asafa Powell last September in Rieti.

The 21-year-old World Championship 200-metre silver medalist, in Japan last year, dominated the event from the start and won ahead of a pair of American sprinters -- reigning World Champion Tyson Gay (9.85) and Darvis Patton (10.07).
 
Fall in demand for gas could impact oil prices PDF Print E-mail
Sunday, 01 June 2008
National and international economists have been cautiously observing the decline in the price of oil on the world market. Since Monday oil price has fallen from a high of $135.09 per barrel to just under $127 on Wednesday.

The keenness in which consumers of oil, especially consumers of gasoline, have been looking at the price decline gives real meaning to the proverb, “A drowning man clutches to a straw.” However, the decline in oil prices doesn’t indicate that a trend is setting in, as over the past few months the level of oil prices has been erratic. Neither are there signs that the fall in oil prices will be reflected in the price of gas.
 
Myanmar gets some help PDF Print E-mail
Sunday, 11 May 2008
After a devastating cyclone, which left 22,500 persons in Myanmar (formerly Burma) dead and another 40,000 nursing wounds, aid is finally tricking in.

The military-ruled country has been slow to allow international assistance following the Cyclone Nargis, which left about 1 million people homeless.

Aid agencies and governments are waiting in the wings to provide water purification tablets, plastic sheeting, basic medical kits, bed nets and food – some of the basic necessities, but the ruling military force is still skittish about trusting outside help. The devastation is too much to be handled locally, so the country needs to accept the international relief on a wide scale to alleviate the country’s disaster, UN officials are saying.
 
Haiti's international debt cancelled PDF Print E-mail
Sunday, 04 May 2008
WASHINGTON - The United States' House of Representatives has unanimously passed an amendment calling for the cancellation of Haiti's international debt.

The legislation, piloted by Florida Democratic Congressman Alcee Hastings, directs the US Secretary of the Treasury to work with international financial institutions to provide debt cancellation to low-income countries.

"With the passage of my amendment, Congress goes on record supporting the cancellation of Haiti's international debt to help alleviate poverty and increase stability throughout the country," Hastings said in a statement.

"This is an important initial step toward finally freeing Haiti from its onerous debt.
 
US, CARICOM respond to Haiti’s crisis PDF Print E-mail
Sunday, 27 April 2008
As the food crisis escalates in Haiti, South Floridians are urged to come to its aid in an effort to alleviate the crisis levels in the struggling nation. Reverend Jesse Jackson, who visited Miami’s Haitian community on Sunday, to raise awareness of the food crisis, made an appeal to South Floridians and the U.S. and plans to lead a delegation to Haiti within weeks to bring assistance to the poor.
 
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