Barbados

  • Diplomatic push for Middle East

    BRIDGETOWN, Barbados – UNITED STATES President Barack Obama scored a diplomatic coup last week on his whirlwind trip to the Middle East. At first there was much speculation that the tour would merely be a widow-dressing exercise, especially among the Palestinians. However, there is now some scope for progress though somewhat tangentially. First there was the belated apology that came…

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  • EDITORIAL: Financial sector key to economy

    BRIDGETOWN, Barbados – The development of this country as an international financial centre carried through during the first Tom Adams administration in the 1970s and was part of a major restructuring of a critical area of the Barbados economy. That sector was important then and it is important now! By the early ’70s sugar had lost its place as our…

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  • OUR CARIBBEAN: Reflecting on challenges facing Barbadians

    BRIDGETOWN, Barbados – Tomorrow, as faithful Christians worship and observe the significance of Good Friday while preparing to celebrate the Resurrection, the people of Barbados in general will be particularly cognisant of a prevailing social and economic mood that reflects varying worrying concerns and negative messages in the media. The February 21 general elections came and went with the political…

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  • Central Bank Governor outlines new strategies for sustained growth

    BRIDGETOWN, Barbados, CMC – Central Bank Governor Dr. DeLisle Worrell Wednesday urged Barbados to seek ways of increasing foreign exchange earnings and called also on the government and the private sector to invest in “creating new high quality productive capacity, improving productivity, and maintaining and upgrading infrastructure”. Addressing the luncheon meeting of the Barbados Chamber of Commerce and Industry (BCCI),…

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  • CDEMA to focus on region’s communities

    BRIDGETOWN, Barbados – For disaster management personnel, the challenge of preparing Caribbean communities is a great one. That is according to the outgoing Executive Director of the Caribbean Disaster Emergency Management Agency (CDEMA), Jeremy Collymore. His comments came during an interview with the media yesterday afternoon following a media conference and luncheon in his honour at the Lloyd Erskine Sandiford…

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  • It’s Cameron!

    BRIDGETOWN, Barbados – Dave Cameron unseated Julian Hunte as West Indies Cricket Board (WICB) president yesterday and immediately promised lofty goals aimed at restoring the regional team to the top of world cricket. In a closely fought ballot at the regional governing body’s annual general meeting, the 42-year-old Cameron polled seven votes to Hunte’s five – a result that suggested…

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  • EPA and CSME Standby Facilities launched

    (CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana) (The Economic Partnership Agreement (EPA) Standby Facility represents a new paradigm for collaboration between Caribbean Forum of African, Caribbean and Pacific States (CARIFORUM) States and the European Union (EU), as does the Caribbean Community (CARICOM) Single Market and Economy (CSME) Standby Facility with respect to collaboration between CARICOM States and the EU. The Director-General…

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  • Economist: Wrong measures

    BRIDGETOWN, Barbados – Claiming to be bemused by the 2013 Estimates of Revenue and Expenditure, economist Ryan Straughn says the Government is not willing to take advice and has failed to take the necessary measures to take Barbados on a growth path. Pointing to what he predicts will be a historic decline in foreign reserves in the first quarter, the president…

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  • Hope for agreement?

    BRIDGETOWN, Barbados – IF ever there is a puzzle between Barbados and Trinidad and Tobago, it has to do with the exceptionally long delay for the two countries to conclude a fishing agreement. Is it likely therefore that that there will ever be one? Last week the Prime Minister Freundel Stuart spoke on the matter which has been ongoing for…

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  • CCJ right court for region

    BRIDGETOWN, Barbados – The Caribbean Court of Justice (CCJ) wrapped up the Barbados leg of the Shanique Myrie case here during the past week and in the process completed a major demonstration of why this institution has become a critical part of our regional jurisprudence. The Myrie case is of course an important one. It highlights the wisdom of creating…

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