KINGSTON, Jamaica, May 9, CMC. – GraceKennedy Limited – one of the region’s largest conglomerates, has announced that it has now divested its 30 per cent stake in the Trident Insurance Company Limited of Barbados.
BRIDGETOWN, Barbados, Mar. 12, CMC – The main opposition Barbados Labour Party (BLP) on Saturday increased calls for Prime Minister Fruendel Stuart to call an early election as an estimated 10,000 persons participated in what was dubbed the “March of Disgust”.
BRIDGETOWN, Barbados, Feb 17, CMC – A High Court judge had granted the embattled Central bank Governor of Barbados, Dr. DeLisle Worrell six more days in office as he granted him a new stay preventing Finance Minister Chris Sinckler from removing him from office.
DATELINE MIAMI - January 26, 2017 - There’s apparent consensus on one aspect of Barbados’ economy: it’s in crisis. Stunted growth accompanies fiscal and balance of payments deficits. Recurring sovereign debt downgrades persist despite austerity measures (layoffs, increased taxation, delayed attention to public utility provision) accompanied by Central bank and reportedly, National Insurance Scheme accommodation supporting government expenditure.