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Wall Street slips as weak GDP data weighs U.S. stocks were slightly lower in late morning trading on Friday after data showed the economy grew at its weakest pace in three years in the first quarter. Tweet Latest News Time to stop the bloodshed - PM The crime problem belongs to all of us - NRP Leader Caribbean Lotto becomes Music Festival bronze sponsor SKNFA opens historic CONCACAF program on St. Kitts Deputy Premier condemns double murder Other Stories Hard work of Richard "Ricky" Skerritt continues to enhance cruise tourism, Harmony of Seas berths at Port Zante on May 3rd Prime Minister Harris says the Ministry of National Security maintains a zero tolerance approach to crime Shutdown averted by Congress bill Wall Street slips as weak GDP data weighs Tye Tribbett for Gosplash
Wall Street little changed with eyes on earnings U.S. stocks were little changed on Thursday amid a flood of quarterly earnings reports, while investors assessed President Donald Trump's tax reform plan. Tweet Latest News Time to stop the bloodshed - PM The crime problem belongs to all of us - NRP Leader Caribbean Lotto becomes Music Festival bronze sponsor SKNFA opens historic CONCACAF program on St. Kitts Deputy Premier condemns double murder Other Stories Hard work of Richard "Ricky" Skerritt continues to enhance cruise tourism, Harmony of Seas berths at Port Zante on May 3rd Prime Minister Harris says the Ministry of National Security maintains a zero tolerance approach to crime Shutdown averted by Congress bill Wall Street slips as weak GDP data weighs Tye Tribbett for Gosplash
First ever Caribbean digitization workshop kicks off in St. Kitts and Nevis The first ever Caribbean Digitization Workshop aimed at exploring low-cost methods of digitizing personal memories across the region is currently underway in St. Kitts and Nevis under the theme "Preserving Your Memories in a Digital World". Tweet Latest News Time to stop the bloodshed - PM The crime problem belongs to all of us - NRP Leader Caribbean Lotto becomes Music Festival bronze sponsor SKNFA opens historic CONCACAF program on St. Kitts Deputy Premier condemns double murder Other Stories Hard work of Richard "Ricky" Skerritt continues to enhance cruise tourism, Harmony of Seas berths at Port Zante on May 3rd Prime Minister Harris says the Ministry of National Security maintains a zero tolerance approach to crime Shutdown averted by Congress bill Wall Street slips as weak GDP data weighs Tye Tribbett for Gosplash
French election relief sends Europe soaring Euro zone stocks headed for their best day in almost two years and the euro briefly vaulted to five-month peaks on Monday, after the market's favored candidate won the first round of the French election, reducing the risk of another Brexit-like shock. Tweet Latest News Time to stop the bloodshed - PM The crime problem belongs to all of us - NRP Leader Caribbean Lotto becomes Music Festival bronze sponsor SKNFA opens historic CONCACAF program on St. Kitts Deputy Premier condemns double murder Other Stories Hard work of Richard "Ricky" Skerritt continues to enhance cruise tourism, Harmony of Seas berths at Port Zante on May 3rd Prime Minister Harris says the Ministry of National Security maintains a zero tolerance approach to crime Shutdown averted by Congress bill Wall Street slips as weak GDP data weighs Tye Tribbett for Gosplash
Weak jobs data, Syria missile strike spark safe-haven bets U.S. stocks were little changed in choppy trading on Friday after a U.S. missile strike on Syria sent investors scurrying to safe-havens, while weak jobs data weighed on financial stocks. Tweet Latest News Time to stop the bloodshed - PM The crime problem belongs to all of us - NRP Leader Caribbean Lotto becomes Music Festival bronze sponsor SKNFA opens historic CONCACAF program on St. Kitts Deputy Premier condemns double murder Other Stories Hard work of Richard "Ricky" Skerritt continues to enhance cruise tourism, Harmony of Seas berths at Port Zante on May 3rd Prime Minister Harris says the Ministry of National Security maintains a zero tolerance approach to crime Shutdown averted by Congress bill Wall Street slips as weak GDP data weighs Tye Tribbett for Gosplash
Debit and credit card fraud The evolution of technology has enabled countless perks for daily life practices, including the handiness of paying with debit or credit cards as opposed to carrying cash. Although many people prefer having cards due to its convenience, paying with these has proven to be risky. Tweet Latest News Time to stop the bloodshed - PM The crime problem belongs to all of us - NRP Leader Caribbean Lotto becomes Music Festival bronze sponsor SKNFA opens historic CONCACAF program on St. Kitts Deputy Premier condemns double murder Other Stories Hard work of Richard "Ricky" Skerritt continues to enhance cruise tourism, Harmony of Seas berths at Port Zante on May 3rd Prime Minister Harris says the Ministry of National Security maintains a zero tolerance approach to crime Shutdown averted by Congress bill Wall Street slips as weak GDP data weighs Tye Tribbett for Gosplash
Wall Street bounces back from Wednesday's Fed-led decline Wall Street's three major indexes on Thursday rebounded from Wednesday's sharp decline as investors reconsidered their reaction to Federal Reserve meeting minutes. Tweet Latest News Time to stop the bloodshed - PM The crime problem belongs to all of us - NRP Leader Caribbean Lotto becomes Music Festival bronze sponsor SKNFA opens historic CONCACAF program on St. Kitts Deputy Premier condemns double murder Other Stories Hard work of Richard "Ricky" Skerritt continues to enhance cruise tourism, Harmony of Seas berths at Port Zante on May 3rd Prime Minister Harris says the Ministry of National Security maintains a zero tolerance approach to crime Shutdown averted by Congress bill Wall Street slips as weak GDP data weighs Tye Tribbett for Gosplash
MSMEs in St. Paul’s boosted by Development Bank and NEDD’s collaboration At a community business meeting held on the evening of Thursday March 30 at the St. Paul's Community Centre, the National Entrepreneurial Development Division (NEDD), met a handful of interested persons in its quest to help further develop the Micro Small and Medium Enterprise sector (MSMEs). Tweet Latest News Time to stop the bloodshed - PM The crime problem belongs to all of us - NRP Leader Caribbean Lotto becomes Music Festival bronze sponsor SKNFA opens historic CONCACAF program on St. Kitts Deputy Premier condemns double murder Other Stories Hard work of Richard "Ricky" Skerritt continues to enhance cruise tourism, Harmony of Seas berths at Port Zante on May 3rd Prime Minister Harris says the Ministry of National Security maintains a zero tolerance approach to crime Shutdown averted by Congress bill Wall Street slips as weak GDP data weighs Tye Tribbett for Gosplash

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Brazil's Central Bank Takes Some Heat From Press: Dom Phillips

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The news March 7 that Brazil's central bank had reduced its benchmark interest rate by 75 basis points, to 9.75 percent, took the market by surprise.

The cut wasn't unexpected. The bank has been trimming Brazil's Selic interest rate, one of the world's highest, since August. But the reduction was larger than expected, and the decision wasn't unanimous: Five members voted for it, two against.

The bank's move was also complicated by recent news that Brazil's economy had grown a disappointing 2.7 percent in 2011 -- less than the government had hoped for and significantly less than 2010's figure of 7.5 percent. Industrial production, too, was down 2.1 percent in January compared with the previous month.

In the week since the announcement, Brazil's noisy Internet has been roiled with debate over the economy -- and second-guessing of the bank's decision.

Paulo Pereira da Silva, president of the workers' union Forca Sindical, argued on the union's website that the rate cut wasn’t enough:

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