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Bermuda forex news

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  New York: 09:29    London: 14:29    Moscow: 17:29    Sydney: 23:29    Tokyo: 22:29 
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  17:50, 15 June 2007  USA & Canada  Middle East  Caribbean  South America  •  Business news  Government 
House delays rules requiring passports

WASHINGTON (AP) - The House voted overwhelmingly Friday to delay for 17 months new rules requiring passports for U.S. land and sea travelers entering the United States from Canada, Mexico, the Caribbean and Bermuda.The State Department has been flooded with passport applications since new rules requiring passports for air travelers went into effect in January...

  22:14, 04 May 2007  Caribbean  •  Economic news  Business news 
Business events for the coming week

(AP) - Major business events and economic events scheduled for the coming week (some dates are tentative):MONDAY, May 7WASHINGTON -- Treasury bill auction, 2 p.m.; Federal Reserve reports on consumer credit for March, 3 p.m.SAN FRANCISCO -- McKesson Corp...

  20:31, 09 February 2007  Asia  Caribbean  South America  •  Business news  Government 
Business news briefs from the Caribbean

(AFX) - BERMUDA: British Caribbean territory sees 23 percent increase in tourist arrivals in 2006SAN JUAN, Puerto Rico (AP) -- The number of tourists vacationing in Bermuda in 2006 increased 23 percent from the previous year, the prime minister has said...

  08:19, 17 January 2007  USA & Canada  Caribbean  South America  •  Government 
Officials concerned about passport rules

WASHINGTON (AFX) - Canadians and U.S. border-state officials are concerned that rules requiring passports for Americans and other travelers entering the United States will hurt commerce and tourism.Starting Tuesday, air travelers who are citizens of Canada, Mexico and Bermuda, as well as U...

  23:36, 02 January 2007   updated  USA & Canada  Caribbean  •  Business news  Government 
St. Paul Travelers ends contingent fees

HARTFORD, Conn. (AFX) - The St. Paul Travelers insurance company has agreed to stop paying "contingent commissions" to brokers and agents to steer business to insurance companies, Connecticut Attorney General Richard Blumenthal said Tuesday.In August, the St...

  21:12, 14 December 2006  USA & Canada  Caribbean  •  Business news  Government 
GAO finds Homeland Security tech issues

WASHINGTON (AFX) - The U.S. Department of Homeland Security system that uses biometric technology to screen people entering the country has aided border patrol agents, but computer snafus and management shortfalls need to be resolved, according to a report issued Thursday...

  20:51, 29 November 2006  Asia  Australia & NZ  Caribbean  •  Business news  Government 
DHS official wants global biometrics standards

WASHINGTON (AFX) - The Department of Homeland Security is working with foreign governments to develop privacy and ethics standards for biometrics systems that capture fingerprints and other information from global travelers, the head of the U.S. program said Wednesday...

  13:08, 22 November 2006  USA & Canada  Eurozone & UK  Caribbean  South America  •  Government 
U.S. to implement passport requirement

WASHINGTON (AFX) - The Homeland Security Department will require virtually all air travelers entering the United States after Jan. 23 to show passports -- even U.S. citizens.Until now, U.S. citizens, travelers from Canada and Bermuda, and some travelers from Mexico who have special border-crossing cards for frequent visitors were allowed to show other proofs of identification, such as drivers' licenses or birth certificates...

  21:18, 17 November 2006  Eurozone & UK  Asia  Caribbean  South America  •  Market reports  Business news 
Lack of storms helped catastrophe bonds

SAN JUAN, Puerto Rico (AFX) - Investors who bet against the odds of another devastating Atlantic hurricane season now stand to cash in big-time on "catastrophe bonds." Contrary to expert predictions, the season turned out to be the mildest in years.Insurance companies sell the bonds, yielding interest rates of about 15 percent, to help them absorb huge payouts in the event of another storm like Hurricane Katrina...

  22:44, 27 September 2006  USA & Canada  Caribbean  •  Market reports  Business news 
Refco's forex clients sue

WASHINGTON (AFX) - Refco Inc.'s retail foreign-exchange customers has teamed up with an electronic currency-trading service in a lawsuit that seeks the return of at least $10 million from the company, which crashed into bankruptcy nearly a year ago.The customers, who so far have been sidelined by bigger Refco creditors in the race to retrieve assets lost in the company's collapse, said in the lawsuit that Refco's foreign-exchange subsidiary assured customers at the time of the collapse that their accounts wouldn't be affected...

  23:29, 05 September 2006  USA & Canada  Caribbean  South America  •  Business news  Government 
Turks and Caicos premier to block deal

PROVIDENCIALES, Turks and Caicos (AFX) - Premier Michael Misick said Tuesday he would try to block a Canadian company's purchase of two electric utilities, arguing the companies responsible for serving most Turks and Caicos residents should stay in local hands...

  19:27, 01 September 2006  USA & Canada  Asia  Caribbean  South America  •  Business news  Government 
Pollo Campero feud may head to Guatemala

MIAMI (AFX) - A seven-year U.S. legal feud between members of the prominent Guatemalan family that controls the popular Pollo Campero restaurant chain has reached a turning point that could send the bitter dispute over millions of dollars back to Guatemala -- where one side claims justice may be impossible to get...


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Forex news  •  Recent top stories

 

15:03, Thursday, 12 July 2007
US May trade deficit up 2.3 pct to 60.0 bln usd as expected
WASHINGTON (Thomson Financial) - The US trade deficit rose 2.3 pct in May to 60.0 bln usd as Americans imported more and more expensive oil and other commodities.Economists were looking for a 60.0 bln usd deficit, expecting imports to recover from their April slide...
  USA & Canada  •  Economic news 

12:49, Thursday, 12 July 2007
Forex - Euro at all-time high against dollar following strong GDP data
LONDON (Thomson Financial) - The euro continued to post fresh all-time highs against the dollar, supported by an unexpected upward revision to first quarter GDP growth and robust industrial production figures.First quarter euro zone GDP was revised up to show a 0...
  USA & Canada  Eurozone & UK  Asia  •  Market reports 

09:45, Thursday, 12 July 2007
Forex - Euro at fresh all-time high against dollar after hawkish ECB bulletin
LONDON (Thomson Financial) - The euro climbed to a fresh all-time high against the dollar after a hawkish European Central Bank monthly bulletin, amid ongoing concern about the US sub-prime mortgage market.The ECB said it is monitoring inflation risks closely and remains ready to raise interest rates further if necessary...
  USA & Canada  Eurozone & UK  Asia  •  Market reports 

09:32, Thursday, 12 July 2007
Bank of Japan's Fukui gives no fresh hints on when rates will rise
TOKYO (Thomson Financial) - Bank of Japan (BoJ) governor Toshihiko Fukui gave no new hints Thursday about when the monetary authority might hike its key interest rates as he reiterated that the bank will gradually adjust rates taking into account downside risks and the upside potential for the economy...
  Asia  •  Economic news  Government 

06:33, Thursday, 12 July 2007
Bank of Japan votes 8-1 to keep rate at 0.5 pct, rate hike seen imminent
TOKYO (Thomson Financial) - The Bank of Japan kept its overnight call rate target unchanged at 0.5 percent for the sixth straight meeting, but a stray vote by a member of the nine-man board suggested a rate hike may be imminent...
  Asia  •  Economic news  Government 

06:00, Thursday, 12 July 2007
Forex - US dollar gains vs yen after Bank of Japan leaves key rate unchanged
SYDNEY (Thomson Financial) - The US dollar strengthened against the yen after the Bank of Japan on Thursday kept its overnight call rate target unchanged at 0.5 percent for the sixth straight meeting, as widely expected by the market...
  USA & Canada  Asia  Australia & NZ  •  Market reports 

00:47, Thursday, 12 July 2007
White House trims FY budget deficit forecast to 205 billion US dollars
WASHINGTON (Thomson Financial) - The White House cut Wednesday its forecast of the federal budget deficit for the fiscal year ending September to 205 billion US dollars, saying an expanding economy will boost tax revenues...
  USA & Canada  •  Government 

15:33, Wednesday, 11 July 2007
Trichet says ECB will take firm action against inflation if needed
STRASBOURG, France (Thomson Financial) - European Central Bank president Jean-Claude Trichet said the ECB is ready to take "firm and timely action" to counter inflation risks if necessary."Looking forward, firm and timely action continues to be warranted to ensure price stability over the medium term," Trichet told the European Parliament...
  Eurozone & UK  •  Economic news  Government 

11:15, Wednesday, 11 July 2007
Stark says EU growth underpinning euro strength; ECB policy still accommodative
FRANKFURT (Thomson Financial) - European Central Bank board member Juergen Stark said the strength of economic growth in Europe has contributed to the recent appreciation of the euro.Speaking last night at a dinner at the Frankfurt Business Journalists Club, Stark also said one should not "overinterpret" the impact of the day-to-day exchange rate of the euro on growth in the region, adding that ECB monetary policy is "still on the accommodative side"...
  Eurozone & UK  •  Economic news  Government 

05:59, Wednesday, 11 July 2007
Forex - US dollar weaker in Asia as markets focus on US housing, carry trades
SYDNEY (Thomson Financial) - The US dollar dipped against the yen and euro in Asia Wednesday as currency traders remain focused on the US housing market and a heightened risk its weakness could spread to the wider US economy, while carry trades are also under closer scrutiny...
  USA & Canada  Asia  Australia & NZ  •  Market reports 

22:09, Tuesday, 10 July 2007
Euro hits new high against U.S. dollar
NEW YORK (AP) - The euro shot to an all-time high against the U.S. dollar Tuesday on concerns about the American economy that were fueled by discouraging growth forecasts from key U.S. retailers and homebuilders.The British pound, which has been trading around 26-year highs against the dollar, briefly touched $2...
  USA & Canada  Eurozone & UK  Asia  •  Market reports 

20:12, Tuesday, 10 July 2007
Bernanke cites factors in making policy
WASHINGTON (AP) - Taking into account the mind-sets of both the public and investors about where prices are headed is a key factor for policymakers working to tame inflation, Federal Reserve Chairman Ben Bernanke said Tuesday...
  USA & Canada  •  Economic news  Business news 



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