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Moody’s downgrades Barbados
On the heels of last week’s Standard & Poor’s (S&P) downgrade, Moody’s has downgraded Barbados’ Government bond and issuer ratings to Caa3. In a press release issued today, the New York-based...
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Springer still going strong
At 101 years, Rupert Springer is still going strong. And in commemoration of his birthday yesterday, the patriarch of the Springer family of Cave Hill Drive, St Lucy was treated by five of his eight...
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Shut up and drive
She has been calling on Prime Minister Freundel Stuart to speak up on national issues. But after hearing his response to the two latest economic downgrades suffered under his watch, Opposition Leader...
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Moody’s downgrade no surprise – Stephen
President of the Barbados Economic Society Jeremy Stephen said Thursday’s downgrade of the Barbadian economy by Moody’s was inevitable since the Freundel Stuart administration lacked the will to...
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Way off course
In a clear rejection of Government’s fiscal medicine, the international ratings agency Moody’s today not only joined with its New York-based counterpart Standard & Poor’s (S&P) in delivering...
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Forced out
A St George family is Thursday looking for a place to call home after a court order to demolish their home. The Gibbons family in Workman’s, St George watched helplessly as court marshals pulled down...
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Barbados on par with Greece; has worst performing debt – Bloomberg
With the latest economic downgrade to Caa3, Barbados has been placed on the same level as Greece and the Ukraine. The financial watchdog Bloomberg also reported today that the island had joined the...
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Businessmen still plan to invest
The stagnated Barbados economy received a vote of confidence Thursday in the wake of a string of bad news, capped by downgrades by the two leading international ratings agencies within a week. Two of...
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Officer charged
A Special Constable was Thursday granted bail on assault and theft charges despite objections from a police prosecutor who said there was a need to protect the alleged female victim in the matter....
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CAP on
A major effort is under way to have all the fringe political parties contest next year’s general election as a single entity. However, architect of the movement Wendell Callender said it was not a...
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‘Economy hurting BICO’s outlook’
The struggling Barbados economy is taking a bite out of the profits of local ice cream manufacturer, BICO Limited, with Executive Chairman Edwin Thirlwell predicting a dim outlook. The company has...
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Jealousy lands man behind bars
A 55-year-old St Michael man who was warned last October to stay out of trouble for six months is now in jail after breaching the order by committing the same offence – assaulting his girlfriend. Ruel...
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UWI student guild election mired in controversy
A storm is brewing over the upcoming University of West Indies (UWI) Cave Hill student guild election, which is shrouded in controversy following the disqualification of three Barbadian candidates....
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Reid to appear in court tomorrow on criminal damage charge
Anderson Wycleff Reid, 38, of Woodstock Road, Spooners Hill, St Michael is set to appear in the District ‘A’ Magistrates’ Court tomorrow after he damaged an Automated Teller Machine (ATM) owned by...
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Try it my way
Don’t write off my sinking fund proposal with the United Arab Emirates (UAE) just yet! That’s the latest appeal from outspoken Government Minister Dr David Estwick to the Freundel Stuart administration...
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Downgrades worrying international business sector
The international business sector believes the “worrying” downgrades of the Barbados economy will damage the country’s reputation as an international business centre. With two downgrades in a week, the...
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Edu-shift
The days of Government supplying ‘one university graduate in every household’ are all but over. Minister of Labour Dr Esther Byer-Suckoo said as much Friday when she addressed the Democratic Labour...
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Hotel upgrades coming
More than $30 million will be spent this year on refurbishment and upgrade of hotels to help improve their competitiveness, according to Chief Executive Officer of the Barbados Hotel and Tourism...
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Tax clearance certificates no big deal, says McClean
Minister of Foreign Affairs Senator Maxine McClean said she was at a loss to understand the controversy over the Barbados Revenue Authority Amendment Bill 2017. The amendment has been sharply...
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BIM promises to decriminalize weed
Leader of the fledgling Barbados Integrity Movement (BIM) Neil Holder is promising to decriminalize marijuana if his party wins the next general election, constitutionally due next year. During an...
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