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New acting Governor announced

New acting Governor announced

Deputy Governor Cleviston Haynes has been appointed acting Governor of the Central Bank of Barbados, following today’s firing of Dr DeLisle Worrell. During a specially convened meeting today, held in accordance with the by-laws of the Central Bank, the Board of Governors also agreed to the appointment of Financial Controller Michael Carrington as acting Deputy Governor. Both appointments have been […]

Enough is enough!

Enough is enough!

Opposition Leader Mia Mottley today announced plans for a national march of disgust and rally on Saturday, March 11, while calling on Barbadians to come out and register their dissatisfaction with the Freundel Stuart Government. During an 11 a.m. press conference at the her office in Parliament building, Mottley was particularly harsh in her criticisms […]

Use Jamaica as an example, Abed suggests

Use Jamaica as an example, Abed suggests

There is yet another call for Government to act swiftly to pull the island’s economy from the proverbial trenches, even if it means serving up some “bitter medicine”. President of the Barbados Chamber of Commerce and Industry (BCCI) Eddy Abed stopped short of saying that Barbados should learn from its Caribbean neighbour Jamaica, but pointed […]

Try less taxation, new political party tells Govt

Try less taxation, new political party tells Govt

The leader of one of Barbados’ three new political parties is suggesting that reducing the tax burden on citizens is one way to get the country out of its economic woes. Grenville Phillips II of Solutions Barbados made the call for an immediate decrease in the level of taxation, contending that it would not only […]

Economic fallout

Economic fallout

With the jury still out on whether Governor of the Central Bank of Barbados Dr DeLisle Worrell will actually be sacked or not, the local business community is calling for an urgent resolution to the current legal wrangling at the helm of the country’s monetary authority. A day after details emerged of a nasty fallout […]

Oh no, DeLisle!

Oh no, DeLisle!

It seems as though Minister of Finance Chris Sinckler is not the only one Central Bank Governor Dr DeLisle Worrell has crossed in recent weeks. Amid the present demand by the minister for the Governor to step down, the National Union of Public Workers (NUPW) has issued a strongly worded statement in response to Worrell’s […]

Chris should go, suggests Straughn

Chris should go, suggests Straughn

Economist Ryan Straughn believes that Central Bank Governor Dr DeLisle Worrell is not the only one who deserves to lose his head for poor management of this country’s monetary and fiscal policy over the past seven years. Speaking on radio here Monday morning in the wake of reports that Minister of Finance Chris Sinckler was demanding […]

DeLisle stays

DeLisle stays

The economic axe has fallen. However, it is now for the High Court to decide whether Minister of Finance Chris Sinckler and members of the board of the Central Bank of Barbados acted within their rights in demanding the head of Governor Dr DeLisle Worrell on the proverbial silver platter. Sinckler, at the insistence of […]

Court halts Governor’s removal

Court halts Governor’s removal

The High Court has granted a temporary reprieve to Central Bank Governor Dr DeLisle Worrell after the embattled chief economist had reportedly been given until the end of today by Minister of Finance Chris Sinckler to resign or be removed from the job. Attorney-at-law Gregory Nicholls, who is the Governor’s legal representative, confirmed to Barbados TODAY […]

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