Finance minister says he will review tax measures

KINGSTON, Jamaica -- Minister of Finance Peter Phillips, while addressing a meeting with a number of trade union leaders Thursday morning, indicated that he will be "conducting a review of the announced revenue measures and will shortly announce if any adjustments will be made". A release from the ... Read more


Puerto Rico police seize US$500K during traffic stop

Thursday, November 03, 2011    

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SAN JUAN, Puerto Rico (AP) — Police in Puerto Rico say they have seized $500,000 in cash during a routine traffic stop.

Police said they stopped an erratic driver yesterday who told authorities he had a bag full of money inside the car.

The authorities did not release further details and said the investigation is ongoing. No one has been arrested.

Four other similar seizures have been reported this year.

Federal agents in late July seized more than US$200,000 in cash from the roof of a car bound for the Dominican Republic. In February, agents detained two men in a taxi with US$580,000 in suitcases. Local police stopped a suspect in February with US$670,000 stuffed inside beer boxes, a month after they had seized more than US$1 million in cash from another driver.



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