Tag: Business

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Tariffs will hit region’s consumers

What a time to be an international trade analyst! That was my first thought after reading the latest memorandum dated February 1, 2025, announcing...

Barbados passes OECD test

Barbados has passed a major international test of its efforts to counter harmful tax practices more effectively. The Organisation for Economic Co-operation and Development (OECD)...

China’s tit-for-tat tariffs on US set to take effect

China's tit-for-tat import taxes on some American goods are set to come into effect on Monday as the trade war between the world's two...

Cummins: No staff cuts

There will not be any staff cuts from the amalgamation of Barbados National Oil Company Limited (BNOC), National Petroleum Corporation (NPC) and Barbados National...

Economist sees growth but high dependence a downside

Barbados’ economy is showing some “resilient economic growth”, but the country’s high dependence on the global economy is a significant risk. That is the assessment...

Debt burden declining, but agency still watchful

Moody’s Investors Service has not followed three of its counterparts in upgrading Barbados’ credit rating and it is not saying if such action is...