China says US report on its military unjust
BEIJING — China expressed Saturday its "firm opposition" to a Pentagon report that said Beijing was carrying out aggressive cyber espionage as part of a steady build-up of its military power, state media said. Foreign ministry spokesman Hong Lei said "China's justified and normal military development" had been unjustly criticised in the annual report, which was released on Friday, according to the Xinhua news agency. The development of China's "limited" military force was only geared … [Read More...]
Barrow urges Belize Bank to help break impasse
The Belize Bank has a 110-year history, dating back to the founding of the Bank of British Honduras in 1902, and this past weekend, it celebrated its 25th anniversary as The Belize Bank at a gala event held Friday night in Belize City. The main speaker for the event was Prime Minister and Minister of Finance Dean Barrow—an interesting development against the backdrop of a string of litigations that had ensued between the bank and the Barrow administration since 2008. Barrow, in his address, … [Read More...]
Belize Economy Profile 2012
Economy - overview Tourism is the number one foreign exchange earner in this small economy, followed by exports of marine products, citrus, cane sugar, bananas, and garments. The government's expansionary monetary and fiscal policies, initiated in September 1998, led to GDP growth averaging nearly 4% in 1999-2007. Oil discoveries in 2006 bolstered this growth. Exploration efforts have continued and production has increased a small amount. In February 2007, the government restructured nearly … [Read More...]
iPhone 5 Expected to Fire Up Mobile Market
Worldwide sales of mobile phones saw a 2 percent decline from the first quarter of 2011 due to a slowdown in demand from the Asia/Pacific region, but the launch of the Apple iPhone 5 will help drive a stronger second half of the year in Western Europe and North America, according to Gartner. The report also notes that Apple's sales in China were "particularly strong" despite people holding of sales in the hope of an iPhone 5. As a whole the market saw a decline, notes the Gartner report: … [Read More...]
Economy
Belize Economy Profile 2012
Economy - overview Tourism is the number one foreign exchange earner in this small economy, followed by exports of marine products, citrus, cane sugar, bananas, and garments. The government's expansionary monetary and fiscal policies, initiated in September 1998, led to GDP growth averaging nearly 4% in 1999-2007. Oil discoveries in 2006 bolstered this growth. Exploration efforts have continued and production has increased a small amount. In February 2007, the government restructured nearly … [Read More...]
Politics
Barrow urges Belize Bank to help break impasse
The Belize Bank has a 110-year history, dating back to the founding of the Bank of British Honduras in 1902, and this past weekend, it celebrated its 25th anniversary as The Belize Bank at a gala event held Friday night in Belize City. The main speaker for the event was Prime Minister and Minister of Finance [...]
Lieberman’s office said in a statement that Israel "cannot ignore provocations forever" [Reuters]
Israel’s foreign minister claims Iran is about to send two warships through the Suez Canal for the first time in years, calling it a “provocation,” but offering no evidence. The Egyptian authority that runs the canal has denied any knowledge of the transit. Avigdor Lieberman said on Wednesday the ships would cross later in the [...]