Tag Archives: economic recession

CARIBBEAN | The destabilising impact of a distant conflict – By David Jessop

— David Jessop – May 1, 2022

Earlier this month at a conference on Caribbean security, Prime Minister of Barbados Mia Motley spoke about the consequences of the war in Ukraine and the now unavoidable impact it will have on the cost of food, energy, fertiliser and transport.

The region’s leaders, she said, must explain to their citizens the need to prepare for what may lie ahead. Warning that over time a “culture of contentment” had beset the Caribbean people, PM Mottley said the region’s citizens must now be “better prepared for the present” and that the countries of the Caribbean must brace for the impact the conflict will have on prices and access to commodities.

Behind her carefully chosen words is the awareness that a seemingly distant war may have a socially destabilising dimension.          Continue reading

GUYANA: Latest News – 02 July 2015 – Demerara Waves

    GUYANA: Latest News – 02 July 2015 –  Demerara Waves

  • Investors promised predictable rules as Guyana welcomes opening of Giftland Mall – Demerara Waves http://bit.ly/1Cf4f19
  • High Court action seeks to block two ministers from sitting in National Assembly – Demerara Waves http://bit.ly/1NApHOt
  • Guyana’s growth slumped to 3.9 percent in 2014; PPP, PSC differ on economic recession – Demerara Waves http://bit.ly/1HzJXj3
  • Irfaan Ali distances self as “free fuel” culprit, urges government to name abusers – Demerara Waves http://bit.ly/1C3MCRx
  • Continue reading

Barbados layoffs: “a gloomy time for CARICOM” – Sir Ronald Sanders

Barbados layoffs could be beginning of a gloomy time for CARICOM

imageWhile the economic recession that began in late 2008 has abated in North America and Europe, its effects have been prolonged in those Caribbean countries whose economies are highly reliant on services, the principal one being tourism says Sir Ronald Sanders
Sir Ronald Sanders
BRIDGETOWN, Barbados, Thursday Decemeber 19, 2013 – The announcement on Friday 13 December by the government of Barbados that it will lay-off over 3,000 public servants in January as a first step in cutting back government expenditure and reducing national demand for goods and services has rightly rattled other Caribbean Community (CARICOM) members.  Concern has been greatest in neighbouring Eastern Caribbean countries, particularly the six independent ones that, with the British overseas territory, Montserrat, form the Organization of Eastern Caribbean States (OECS).    Continue reading
%d bloggers like this: