Archive for September, 2011

JAMAICANS will soon begin to feel the real heat from the recrafted 2011-2012 Budget, the Opposition People’s National Party (PNP) spokesman on finance and planning, Dr Peter Phillips has predicted.

Speaking at the PNP’s West Rural St Andrew constituency conference at the Oberlin High School in Lawrence Tavern on Sunday, Dr Phillips told party supporters that last week’s tabling of the Supplementary Estimates of Expenditure in Parliament was destined to have far-reaching consequences

“There has been a collapse of ...

Minister of Transport and Hydraulics, Robeson Benn, and a team comprising senior engineers from the Ministry of Public Works and Communication, recently visited the Essequibo island of Leguan and interacted with rice millers. Some of the concerns raised by millers  were the condition of the road which they use to transport their crops; the unavailability of efficient transportation to move  crops to and from Georgetown; losses they suffer at spring tide; and the desilting of the drainage system to ...

Barbados was an economic powerhouse in the Americas and the British Empire when globalization had its initial stirrings in the 17th century.

Indeed, Barbadians were in the vanguard of what is now referred to as “Western capitalism” and the linchpin of that economic system was a mix of an aggressive drive for wealth by early Bajans whose family roots were in England, the lucrative sugar industry and the Atlantic slave trade in the Caribbean.

That historical picture was painted in Charleston, South ...

Higher international prices of agricultural commodities are starting to affect local food prices.

Wheat prices on the world market, which have steadily increased over the past year because of bad weather in wheat-producing countries like Russia, pushed domestic prices of breads and cereals up in July, the Central Bank says in its latest repo rate report.

Breads and cereals on the local market climbed 3.7 per cent on a 12-month basis up to July this year, from 2.3 per cent in June.

There ...