World News

Areas of Mutual Interest between Barbados and ECLAC Highlighted in Recent Bilateral Meeting

October 6, 2023

Areas of Mutual Interest between Barbados and ECLAC Highlighted in Recent Bilateral Meeting

Areas of mutual interest between Barbados and ECLAC were discussed, including international development financial architecture, climate change, social development, and the impact of COVID-19 on social protection systems. ECLAC expressed support for Barbados' social development initiatives.

Record-Breaking September Temperatures: Hotter Than Any Other Year, Experts Say

October 5, 2023

Record-Breaking September Temperatures: Hotter Than Any Other Year, Experts Say

September temperatures broke records, with last month being the warmest on record by a significant margin. Ongoing emissions and the El Niño weather event are driving the heat.

World Bank Predicts 4.6% Growth for Barbados Economy in 2021, Emphasizes Digital Connectivity's Role in Economic Inclusion and Inequality

October 5, 2023

World Bank Predicts 4.6% Growth for Barbados Economy in 2021, Emphasizes Digital Connectivity's Role in Economic Inclusion and Inequality

The World Bank predicts growth rates for Barbados, Latin America, and the Caribbean, emphasizing the potential of digital connectivity for economic growth while warning of potential inequalities.

FIFA World Cup 2030 to be Co-Hosted by Six Countries Across Three Continents

October 4, 2023

FIFA World Cup 2030 to be Co-Hosted by Six Countries Across Three Continents

The FIFA World Cup in 2030 will be held across six countries in three continents, marking the tournament's centenary. Spain, Portugal, and Morocco have been named as co-hosts.

CARICOM Companies Finalists of IDB Group's Superheroes of Development Initiative

October 3, 2023

CARICOM Companies Finalists of IDB Group's Superheroes of Development Initiative

Two CARICOM companies, Social Safety Net for Vulnerable People of Haiti and Together We Build Strong Families of Barbados, are among the finalists in the IDB Group's Superheroes of Development initiative. The initiative recognizes creative and innovative solutions implemented in development projects financed by the group in Latin America and the Caribbean. The finalists will present their projects to a panel of senior IDB officers on October 27 during the IDB Group's Knowledge Week.

Caribbean Bracing for Record-Breaking Heat Season and Potential Drought Concerns, says Caribbean Climate Outlook Forum (CMC)

October 2, 2023

Caribbean Bracing for Record-Breaking Heat Season and Potential Drought Concerns, says Caribbean Climate Outlook Forum (CMC)

The latest Caribbean Climate Outlooks from CariCOF state that the north Atlantic's above average temperatures will continue to fuel strong tropical cyclone activity, along with amplified heat stress, increased shower intensity, and potential for flooding and drought concerns in various regions.

Tropical Storm Philippe to Pass Over Leeward Islands, Antigua and Barbuda on Alert

October 2, 2023

Tropical Storm Philippe to Pass Over Leeward Islands, Antigua and Barbuda on Alert

Tropical Storm Philippe is approaching the northern Leeward Islands with sustained winds of 50 mph. Heavy rains, flooding, and dangerous surf conditions are expected in the area.

Government Plans to Implement Policy to Tax High Electricity Consumers During Peak Hours - Vice President Bharrat Jagdeo

October 1, 2023

Government Plans to Implement Policy to Tax High Electricity Consumers During Peak Hours - Vice President Bharrat Jagdeo

Georgetown, Guyana plans to tax high electricity consumers during peak hours due to increased demand and self-generating customers connecting to the national grid. Conservation practices are encouraged. (Note: This description can be modified to fit specific SEO requirements)

Mexico's President Criticizes US Aid and Sanctions, Calls for Cooperation in Latin America

September 30, 2023

Mexico's President Criticizes US Aid and Sanctions, Calls for Cooperation in Latin America

Mexico's president criticizes US aid to Ukraine and economic sanctions on Venezuela, Cuba, and other nations, calling for US investment in Latin America instead. He also highlights the need for cooperation to address migration.

Barbados Central Bank Governor Calls for Focus on Green Initiatives and Technological Advancements in Local Banks

September 30, 2023

Barbados Central Bank Governor Calls for Focus on Green Initiatives and Technological Advancements in Local Banks

The Barbados Central Bank Governor emphasizes the need for local and counterpart institutions to direct cash towards green initiatives, technological advancements, and sustainable infrastructure projects. Funding strategies should be innovative and diversified. Public-private sector partnerships are crucial for launching economically viable and beneficial projects. The Caribbean's financial surplus offers both challenges and opportunities, and central banks play a pivotal role in directing investments towards sustainable growth. Green bonds, climate finance, foreign direct investments, and technology and innovation funds are avenues to access capital for responsible projects. Collaboration with institutions like Afreximbank and China Exim Bank enriches international funding and trade opportunities for the Caribbean.

Prime Minister Mia Amor Mottley Considered as Potential Contender for UN Secretary General

September 30, 2023

Prime Minister Mia Amor Mottley Considered as Potential Contender for UN Secretary General

Prime Minister Mia Amor Mottley is a potential candidate for the next UN Secretary General, according to a report from CNN. She delivered a powerful speech at the UN General Assembly on slave reparations.

CARICOM Leaders and Canadian Prime Minister to Hold Summit in Canada Next Month

September 29, 2023

CARICOM Leaders and Canadian Prime Minister to Hold Summit in Canada Next Month

Canada will host a CARICOM/Canada Summit in Ottawa next month. The summit will focus on strengthening relations, addressing the climate crisis, and discussing the situation in Haiti.

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