In brief: Island looks to restore riches
Wednesday October 22 2008
Grenada's prime minister says he is determined to relaunch the island's offshore finance sector six years after a multimillion-dollar fraud scheme.
Tillman Thomas says his government is "prepared to take the necessary steps to make sure our compliance matches international standards''.
Billionaire blow to mayor's bid
New York City mayor Michael Bloomberg's bid for a third term has hit an expensive obstacle, with a billionaire businessman declaring he will spend some of his fortune to fight an expansion of the city's term-limits law.
The involvement by B Thomas Golisano significantly boosts the opposition campaign.
Robots ready to 'transform' parks
Giant robots are heading for theme parks in Hollywood and Singapore.
A new ride based on the hit movie 'Transformers' is being developed for Universal Studios.
Rebel leader gets six-year sentence
A former rebel commander has been jailed in Macedonia for more than six years over election violence.
Agim Krasniqi, a commander of rebel ethnic Albanian fighters during a brief anti-government insurgency in 2001, was jailed along with eight others.
Hurricane hits oil production
Mexican oil production has fallen 10pc and exports have dropped 18pc this year.
The state-run oil company blames the slump on storms, including Hurricane Ike.
At least 11 killed in flash flooding
Honduras has declared a national state of emergency after at least 11 people died in heavy rains and flash flooding in the Central American country.
President Manuel Zelaya is calling for international aid and said "the situation is serious''.
