Barbados

  • FATCA a challenge

    BRIDGETOWN, Barbados – According to the Minister of Finance, the Foreign Account Tax Compliance Act (FATCA) is being viewed as a challenge that must be overcome. The main objective of FATCA is to ensure that the United States’ Internal Revenue Service (IRS) can identify and collect taxes from US taxpayers abroad. It applies to commercial banks and financial institutions with…

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  • EDITORIAL: Liberty, safety and prejudice

    BRIDGETOWN, Barbados – PARTICIPANTS in the ill-fated Boston Marathon could not have known or anticipated that a fatal bombing awaited them at the finish line. This incident again raises the ugly spectre of terrorism, which knows no bounds. We have previously said that although we are not in the line of fire, the Caribbean is not entirely immune from such…

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  • Government pleased with efforts to halt human trafficking

    BRIDGETOWN, Barbados, CMC – The Barbados government says the recent arrest of two people involved in a human trafficking ring is proof that the island is making strides in addressing the issue. Attorney General Adriel Brathwaite said the arrests and rescue five people between the ages of 17 and 21 were also a signal that the work of the committee…

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  • EDITORIAL: This unhelpful US-Venezuela political tension

    BRIDGETOWN, Barbados – The United States should seriously reconsider its diplomatic stand-off with Venezuela, now extended to its reservations over the recent presidential poll that resulted in a very close victory – less than two per cent – for Nicolas Maduro, successor to the late president Hugo Chavez. As it is, the Barack Obama administration’s decision not to have a representative…

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  • Attorney General backs drug treatment court

    BRIDGETOWN, Barbados, CMC – Attorney General Adriel Brathwaite said Monday the establishment of a drug treatment court will not solve Barbados’ drug problems, but will assist the country in attacking the source. Brathwaite, who is also Minister of Home Affairs, said the court is necessary to understand why a significant number of young men who are incarcerated turn to alcohol…

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  • Work it out!

    BRIDGETOWN, Barbados – OVER the past couple of days enough was said to indicate that all is not well with trading relations between Barbados and some of its Caribbean partners; something which those in the business of exporting have complained about repeatedly. At the recent launch of BMEX 2013 at Mount Gay Distilleries, Minister of Industry, International Business, Commerce and…

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  • Enhancing regional security important

    BRIDGETOWN, Barbados – Enhancing security within the region is one of the major issues that came under discussion recently when Mark Simmonds, Minister for Africa, the Overseas Territories, the Caribbean and International Energy, met with Prime Minister, Freundel Stuart and other Minister of Government including Minister of Foreign Affairs, Senator Maxine McClean; Attorney General, Adriel Brathwaite and Minister of Energy,…

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  • Maduro and Venezuela, CARICOM ties

    BRIDGETOWN, Barbados – THE FIERCE battle to elect a successor to the late President Hugo Chavez is over but a heavy cloud of uncertainty hangs over Venezuela amid today’s official ceremony for Nicolas Maduro to take the oath as new head of state of that influential oil-rich nation. With seven known deaths and scores of injured during a clash of…

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  • Economic problems need urgent solution

    BRIDGETOWN, Barbados – The difficulties confronting regional economies continue to stare us in the face on a daily basis. We hear of problems with the fiscal deficit in most islands, along with the pain and stress of civil servants clamouring for wage increases to cushion them against increases in the cost of living. Quite often, such increases are outside the…

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  • Diplomacy vital for democracy

    BRIDGETOWN, Barbados – IT HAS OFTEN BEEN SAID that democracy thrives in a turbulent climate. It is also true that for it to function effectively there will be winners and losers, who must accept the verdict and the will of the majority of the people. The situation in Venezuela is the latest example of the difficulty that could arise where…

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