Barbados

  • June 11, 2013
    819

    The ongoing trade deficit problem for T&T and Jamaica

    BRIDGETOWN, Barbados – THE RECURRING challenges of a widening trade deficit for Jamaica with Trinidad and Tobago featured again in the Jamaican senate last Friday but climaxed with an understanding to pursue a non-confrontational strategy for reversal of this lingering negative trend. For all their often feisty political quarrels, both government and opposition senators joined forces to echo dissatisfaction over…

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  • June 10, 2013
    774

    EDITORIAL: Facing up to economic reality

    BRIDGETOWN, Barbados – THE RECENT notices of pending layoffs in the private sector will undoubtedly invite an aura of scepticism and concern among our working class population. The question on the lips of many of these workers will reside in the wonder “whose turn is next?” Although revelation of current unemployment statistics remains veiled in secrecy, the obvious closure of…

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  • June 7, 2013
    758

    B’dos slipping

    BRIDGETOWN, Barbados – BARBADOS, which once featured as one of the most sought after Caribbean tourist destinations has slipped from that position while St Lucia is slowly taking over. This was revealed in the just released Hayes & Jarvis May 2013 Long Haul Holidays Trend Report in which Barbados is among the Top 10 Bestselling Destinations once more. Despite this…

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  • June 7, 2013
    761

    Eye on energy

    BRIDGETOWN, Barbados – RENEWABLE ENERGY will be the centrepiece of Government’s economic programme outlined by Governor General Sir Elliott Belgrave in the Throne Speech yesterday. In the speech, a feature of the opening of a new parliamentary term, the Government committed itself to not only reducing the island’s overall $1 billion fuel bill by $150 million by 2018, but also…

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  • June 6, 2013
    774

    Green goal

    BRIDGETOWN, Barbados – THE Ministry of the Environment remains committed to Barbados’ goal of becoming the greenest economy in the Caribbean and Latin America. Minister Dr Denis Lowe made the pledge yesterday at The Crane Residential Resort, St Philip, where he toured a showcase under the theme Think, Eat, Save as the hotel commemorated World Environment Day. Lowe said the…

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  • June 6, 2013
    771

    EDITORIAL: Something amiss with our tourism

    BRIDGETOWN, Barbados – We often say that tourism is our business and that is true since it is a major foreign exchange earner for our vulnerable open economy which needs foreign exchange to ensure its stability. Recent developments have, however, caused us some concern and the latest statistics do not give us any comfort. A recent panel discussion held at…

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  • June 5, 2013
    768

    Africa yet to tap full potential

    BRIDGETOWN, Barbados – LAST MONTH Africa’s 54 leaders celebrated the 50th anniversary of the founding of the Organization of African Unity (OAU) – it became the African Union (AU) in 2002 – which had its origins in the struggle for decolonization and against apartheid. It was founded in 1963 in Addis Ababa, Ethiopia, the venue chosen to mark the anniversary.…

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  • June 5, 2013
    788

    Meetings with Chinese President ‘fruitful’

    BRIDGETOWN, Barbados – Prime Minister Freundel Stuart has described as “very fruitful” the discussions he had last Sunday with the President of the People’s Republic of China, Xi Jinping, in Port-of- Spain. President Xi was on an official visit to Trinidad and Tobago over the weekend, where he held bilateral meetings with the Heads of Government of the Caribbean Community…

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  • June 5, 2013
    771

    Two CARICOM countries given extension to meet CFATF guidelines

    BRIDGETOWN, Barbados, CMC – Two Caribbean Community (CARICOM) countries have until November to meet the stipulations outlined by the Caribbean Financial Action Task Force (CFATF). The CFATF met in Nicaragua last week and according to Dominica’s Attorney General Levi Peters the island has been given “certain deadlines to comply with certain recommendations by the plenary”. Peters said that Dominica had…

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  • June 5, 2013
    778

    Regional delegation to discuss CARICOM Strategic Plan

    BRIDGETOWN, Barbados, CMC – A Caribbean Community (CARICOM) delegation begins a series of consultations on Wednesday examining the 2014-19 Strategic Plan for CARICOM. Barbados’ Ambassador to CARICOM, Robert Morris, said the island is one of the pilot countries for the consultation process which was agreed upon at a meeting last month in Trinidad and Tobago. Areas to be addressed during…

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