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STUNNING white beaches, plush Balinese-style properties and 24-hour room service - this Barbados resort had all the makings of the ultimate millionair ....
Chairman of Williams Industries Ralph “Bizzy” Williams, former director of the National Cultural Foundation (NCF) and ex-talk show host Elton “Elombe” Mottley, and Director of Finance and Economic Affairs Ian Carrington are the latest Freedom Of Barbados awardees. It has been conferred on them for distinguished and extraordinary service to Barbados, the Caribbean, the Caribbean diaspora or to humanity at large. They will now be accorded the title “The Most … ....
Barbados continues to take steps towards reforming the global financial system through The Bridgetown Agenda. This came to the fore on Wednesday as Prime Minister Mia Amor Mottley met with global leaders and also joined with Finance Ministers from across the world for the first in person Commonwealth Finance Ministers Meeting since the start of the COVID-19 pandemic in Washington DC. Along with a Barbados delegation, which included Barbados Ambassador … ....
Prime Minister Mia Mottley on Wednesday threw down the gauntlet to the United States Congress to better regulate banking relations and deal with the vexing issue of de-risking and blacklisting to prevent Caribbean nations becoming financial outcasts.She further cautioned that if urgent action was not taken, alternative ways to trade and transfer funds would be sought.“What we face is a situation that . . . the avoidance of terrorism financing, the avoidance of money laundering, on which we are all agreed, is likely to happen because you are driving people underground,” the Barbadian leader warned in historic testimony before the US House Committee on Financial Services during a hearing on When Banks Leave: The Impacts of De-risking on the Caribbean, and Strategies for Ensuring Financial Access.“We are here because we are fighting for a global public good and we are fighting for the human rights of our citizens. ....
Two glaring issues highlighted in the 2021 Auditor General’s Report have still not been addressed by Government, the local watchdog group Integrity Group Barbados (IGB) has noted.Chairman Andy Armstrong said neither the Auditor General’s request for more staff nor his concern about the absence of a functioning Public Accounts Committee (PAC) was mentioned in the Government’s response which was laid in Parliament last Thursday.In a telephone interview with Barbados TODAY, Armstrong pointed to Auditor General Leigh Trotman’s complaint about a lack of staff in his department, which was affecting their ability to execute their duties effectively and efficiently.However, the IGB head highlighted that Government’s 64-page response, which was prepared by Director of Finance and Economic Affairs Ian Carrington and gave detailed answers to several other issues, failed to deal with that particular concern.“We still don’t seem to have, as a country, a solution as to how we are going ....