Barbados

  • Don’t delay

    BRIDGETOWN, Barbados – THE VALUE OF BARBADOS’ currency could be taking a plunge soon unless Government moves speedily to slash the deficit between its revenue and expenditure. Charlie Skeete, a retired senior economist at the Inter-American Development Bank in Washington, has issued this warning.

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  • Learn from the misfortune of others

    BRIDGETOWN, Barbados – SOME of the comments made following the passage of Tropical Storm Chantal were disturbing, to say the least. That system, which passed about 45 miles north of Barbados last Tuesday, did not do any damage to the island and most Barbadians were relieved that we were spared once again from the adverse weather conditions. But there were…

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  • We must all be prepared for a storm

    BRIDGETOWN, Barbados – When disaster hits in the Caribbean, Barbadians take pride in reaching out to help. Still, we do not seem to understand that the disasters which have left a path of destruction across the Caribbean can also happen here. Just reflect on David in Dominica in 1979, Gilbert in Jamaica in 1988 and Ivan in Grenada in 2004.…

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  • Vocational training key to future of decent work in the region

    BRIDGETOWN, Barbados – Strengthening training strategies will be the key to meeting the challenges in the labour market in the Caribbean region. This came out of the ILO American Centre for Knowledge Development in Vocational Training (ILO-CINTERFOR) meeting held in Trinidad last week, where 65 vocational institutions from 27 countries attended. Elizabeth Tinoco, ILO Regional Director for Latin America and…

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  • Energy policy soon finalized

    BRIDGETOWN, Barbados – Barbados’ energy policy is currently being “finalized” and will soon be submitted to Cabinet. The above was disclosed recently by Minister in the Office of the Prime Minister, Senator Darcy Boyce, who noted that a central feature of this policy will be the greater use of renewable energy, for both base load and interruptible supply, in conjunction…

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  • Barbados calls for more humane approach for middle income countries seeking funding

    BRIDGETOWN, Barbados, CMC – Finance and Economic Affairs Minister Christopher Sinckler has likened the Caribbean’s vulnerability to climate changes as a “sword of Damocles hanging over our development” and wants donor countries and financial institutions to adopt a more humane approach to middle income countries seeking funding to deal with climate change. Sinckler told a conference on Climate Change Financing…

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  • EDITORIAL: The vagaries of street democracy

    BRIDGETOWN, Barbados – The conundrum brought on by the overthrow of the Muhammed Morsi government in Egypt represents the greatest test for democracy as we know it. It represents the limited power of the ballot as we know it and breeds perpetual disorder. There seems a growing trend of taking to the streets to achieve political change, which is being…

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  • UN to host workshop on emergency response to accidental or deliberate use of explosive materials

    BRIDGETOWN, Barbados, CMC – INTERPOL and the United Nations Office for Disarmament Affairs (UNODA) will be hosting a two-day workshop to help the region develop capabilities to respond to a emergencies related to the accidental or deliberate use of chemical, biological, radiological, nuclear or explosive (CBRNE) materials. The workshop, scheduled to begin on Wednesday in Kingston, Jamaica, will bring together…

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  • CDF to provide funds to Dominica; signs headquarters agreement with Barbados

    BRIDGETOWN, Barbados, CMC – The Barbados-based CARICOM Development Fund (CDF) will soon sign a US$7.1 million agreement with Dominica. CDF executive officer Ambassador Lorne McDonnough said that the organisation will continue to assist disadvantaged countries, regions and sectors within the Caribbean Community as they participate in the CARICOM Single Market and Economy (CSME). The CDF has since 2011 provided US$35.5…

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  • Barbados economy contracts during the first half of 2013

    BRIDGETOWN, Barbados, CMC – The Barbados economy contracted during the first six months of the year with the main foreign exchange sectors also suffering a decline, according to figures released by the Central Bank of Barbados (CBB) on Tuesday. The CBB said that the local economy grew by just 0.6 per cent and among the priorities for the future will…

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