May 2021 – CP News

May 2021 – CP News

Horizontal Navigation Bar w/Rollover Effect

BARBADOS ECONOMY IN DIRE STRAITS

May 10, 2021 admin 0

The International Monetary Fund (IMF) has completed its fifth review of Barbados’ Economic Recovery and Transformation (BERT) programme. Following the review, which was conducted virtually from May 3-7, IMF team leader Bert Van Selm released a statement saying: ‘Barbados’ economy remains severely depressed by the ongoing global pandemic. Tourism came to a virtual standstill from April 2020 onwards and remains […More]

Guyanese gets a one-off $200,000 cash grant

US$22B economy can easily absorb $200k per household cash grants – Jagdeo Responding to inflation concerns emanating from the government’s recently announced $200,000 cash grant to every household, General Secretary of the People’s Progressive Party (PPP) Bharrat Jagdeo said that the economy will be able to manage the absorption of the money. In a powerful address to the 12th Parliament […More]
Letitia James leads coalition urging Congress to tackle gun trafficking to Caribbean.

New York Attorney General Letitia James is leading a coalition of 12 attorneys general as they call for the United States Congress to take action to stop gun trafficking from the US to Caribbean countries. In a letter, the attorneys general say gun trafficking from the United States has contributed to gun violence in Caribbean countries where many New Yorkers […More]
Mayor Eric Adams was indicted on bribery and fraud charges.

New York Mayor Adams is the first sitting New York City mayor to be charged with a federal crime. Adams has been indicted on five federal criminal charges of bribery and wire fraud. The indictment detailing the charges was unsealed Thursday morning. Adams maintained his innocence, telling reporters on Thursday after the indictment was made public to “wait and hear […More]
Alarm raised amid rise in HIV infections among Caribbean youth.

The Joint United Nations Program on HIV/AIDS has raised alarm over the increasing incidence of HIV among young people in the Caribbean, highlighting that countries like Guyana and Suriname report alarming rates of 14 per cent, while Barbados sees numbers as high as 37 per cent. According to regional health officials, this trend necessitates immediate scrutiny and action. UNAIDS Multi-Country […More]
Music Mogul Behind Rihanna’s Rise

Evan Rogers, Music Mogul Behind Rihanna’s Rise, to Speak at Caribbean Week in New York. Evan Rogers, the acclaimed music producer who discovered global singing sensation Rihanna, will be a key speaker at the Caribbean Tourism Organization’s Caribbean Week in New York from June 16 to 21, 2024. The event, proudly headlined by the Bahamas Ministry of Tourism, Investments & […More]