Caribbean region needs its own bank – Barbados’ Attorney General

Caribbean region needs its own bank –  Barbados’  Attorney General

BRIDGETOWN, Barbados– Barbados’ Attorney General and Minister of Home Affairs, Adriel Brathwaite, is proposing that Caribbean countries unite to either buy or establish an international commercial bank to protect the region from the current threat of pull-outs by foreign-owned financial institutions. Delivering a lunchtime lecture  on Friday, he pointed to the recent decision by the […]

CIBC leaving the Caribbean but FCIB staying put

CIBC leaving the Caribbean but FCIB staying put

BRIDGETOWN, Barbados  – The parent company of First Caribbean International Bank (FCIB) is pulling out of the region. Canadian Imperial Bank of Commerce (CIBC), which on October 14, 2002 joined with the London-based Barclays Bank PLC and combined their retail, corporate and offshore Caribbean banking business to launch CIBC FirstCaribbean, has now decided to sell […]

Canada defends High Commissioner accused of interfering in Barbadian politics

Canada defends High Commissioner accused of interfering in Barbadian politics

Canadian High Commissioner to Barbados, Marie Legault, has the backing of  the Canadian government, after an  angry response by Barbados Education Minister Ronald Jones to  recent comments made by Legault. Jones said that the High Commissioner should be recalled to Canada for suggesting the country is ready for a female prime minister – and, in […]

‘Pack your Georgie bundle and go,’Barbados minister tells interfering diplomats

‘Pack your Georgie bundle and go,’Barbados  minister tells interfering diplomats

BRIDGETOWN, Barbados – In a scathing response to comments by Canada’s High Commissioner to Barbados Marie Legault, a  Barbados Government minister said that foreign diplomats who show bias in their positions on Barbadian politics should be asked to leave the country immediately. Speaking at the Democratic Labour Party (DLP) branch meeting at Lester Vaughan Secondary […]

Barbados condemns discrimination against Haitians by CARICOM member states

Barbados condemns discrimination against Haitians by CARICOM member states

BRIDGETOWN, Barbados – The Government of Barbados has expressed concern that citizens of Haiti have to obtain visas in order to travel to some CARICOM member states, although it is a member of the regional integration movement. “Barbados has always thought that this was a little inequitable and discriminatory,” Prime Minister Freundel Stuart said as […]

Barbados foreign reserves at two-decade low

Barbados foreign reserves at two-decade low

BRIDGETOWN, Barbados – Barbados’ foreign reserves are dangerously low – lower than they have been in over two decades, Central Bank Governor has disclosed. Days after regional economist Marla Dukharan reported that the reserves had dipped to BDS $482 million (US$241 million) or just under eight weeks of import cover, as at November last year, […]

Barbados health officials insist water is safe to drink

Barbados health officials insist water is safe to drink

BRIDGETOWN, Barbados – A day after the United States Embassy sent out a health alert to its staff in Barbados, advising that the tap water may not be safe to drink, health authorities are insisting that the island’s water supply meets World Health Organization’s (WHO) standards. Last Thursday, in a brief message that was posted […]

Ninth Grammy for Rihanna

Ninth Grammy for Rihanna

Barbadian superstar Rihanna (Robyn Rihanna Fenty) has  won yet another Grammy. At the 60th annual Grammy Awards show at Madison Square Garden in New York City on Sunday night, Rihanna, who had previously won eight Grammys, copped the award for best rap/sung performance for her collaboration with Kendrick Lamar on Royalty off his album Damn.  Later in the […]

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