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SUSTAINABLE GROWTH? Barbados economic growth continues to be driven by its non-foreign exchange earning sectors
By Patrick Hoyos
 
Continuing a trend which began two years ago, the Barbados economy grew over the first six months of 2007 due to expansion in its non-foreign exchange earning sectors, the Central Bank of Barbados reported on Tuesday. The economy grew by an estimated 4.4% for the first half of the year, compared to 3.6% for the same period last year. ...more

The selling of Barbados

The problem we face today is that to keep up with the demands of our import-rich lifestyle, we must continue to produce megatons of foreign exchange every year, way beyon...more



Beat the press

None of us like it when the camera is on us, when we are the ones in the spotlight, in cases of trauma or serious injury. But we want to see and hear repo...more


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In Britain, banks hit with 1bn refund bill as consumers fight fees (BSJ News)

Consumers in Britan raked back up to an estimated £1 billion in unauthorised overdraft charges in the first half of the year, it emerged yesterday, as one of Britain’s biggest banks revealed that the refunds had cost it £116 million, the London Times reports today....more
Drilling for Jamaican oil begins later this year (BSJ News)

Minister of finance and Planning, Dr Omar Davies, said last year that the country’s oil bill rose from US$943 million in 2005 to US$1.33 billion in 2006, and some estimate that it could possibly reach the US$2-billion mark for this year.
...more








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