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Central Bank and the Nation Newspaper – Bank Regulator and Media House

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Dr. DeLisle Worrell, Governor of the Central Bank
Dr. DeLisle Worrell, Governor of the Central Bank

The Central Bank of Barbados respects and embraces freedom of the press and the importance of the dissemination of timely and accurate information and as such has not banned the Nation Corporation.

The front page of the Sunday Sun of May 11, 2014, carried the headline “Cut Off”. The Bank assures media practitioners in Barbados as well as the public at large that it will continue to keep all media houses fully abreast of all developments on economic and other pertinent matters which fall under its purview, including the Nation Publishing Company, as is normal.

The Nation Publishing Company will receive all Press Releases and other communications issued by the Central Bank, and all media houses and the general public have free access to the Central Bank’s website, where all our statements, reports, data and speeches, and all other publications are posted – Central Bank of Barbados Press Release

The decision by the Governor Delisle Worrell to ban Nation reporters from attending press conferences hosted by the Central Bank has generated a lot of public comment. BU held an ambivalent position up until  reading the above press release issue today by the Central Bank.

One is forced to ask who is running the institution. Why issue a press release to state the obvious? Banning the Nation’s reporters at press conferences OBVIOUSLY prevents that media house from probing the Governor et al as they desire, a tenet of practicing freedom of the press.

BU sides with head of the private sector who commented today that the Central Bank appears to be trying to kill an ant with a hammer (our words). It boggles the mind if the Governor felt so strongly on a matter he could not see the light to issue a warning letter. In any event what we are witnessing on both sides is mediocrity at its best.

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78 responses to “Central Bank and the Nation Newspaper – Bank Regulator and Media House”

  1. Lemuel Avatar
    Lemuel

    David;
    Does the Central bank still belong to the people of Barbados. How could the Governor ban someone form a public place which is supposed to act to the benefit of all Barbadians. I want to see if the Minister of Finance shall let this behavior slide.

  2. Prodigal Son Avatar
    Prodigal Son

    If only the governor would put the same amount energy into managing the economy as he has put into trying to discredit the Nation, Barbados would be a paradise economically speaking. Not that I think he has what it takes at this time.

    For the life of me, I cannot understand what is his beef. People who work in the CB have been telling their friends what a horror it is to work there. They have been saying that the Dems have politicised the bank. They say that the governor brought in the American to “reimagine” things. When staff complained, the one who is in PR said they were told………yet she cannot explain to them what the American was supposed to be “reimagining”.

    These are ways that the bank has been wasting money at a time when the bank could do with some maintenance. I was in there recently and was amazed at the state of the place especially the bird damage.

    The governor is angry that he has been called out for presiding over a fail economy and a bank making a loss three straight years. The lay off list was drawn up some time now and the governor knows this. Sixty persons is the number being bandied about and staff are saying that they hope the governor name is the first on the list!

    My take is that the Nation heard the 60 number from sources in the CB and when the governor confirmed that staff would be cut, they used their info. So sad that the grumpy old man reacted as he did!

    Delisle Worrell is way past his sell by date.

  3. ac Avatar
    ac

    i hope the nation don’t misinterpret the CB press release as giving the nation wholesale authority to print more junk news or whatever they damn please …..under the banner of freedom of speech…..

  4. Observing(...) Avatar
    Observing(…)

    @David
    “In any event what we are witnessing on both sides is mediocrity at its best.”

    uh huh……and? hasn’t this been the status quo for God knows how long???

    Just observing

  5. BAFBFP Avatar
    BAFBFP

    What a roll … The media houses in Barbados have become a law unto themselves. I stand behind the Governor, and I am sure that Loveridge would have good cause to do the same.

    When appropriate standards have been attained, the Nation and any other banned institution can be allowed to return to the table..

    It may not be possible to bell the flipping cat, but it cannot hurt to make it uncomfortable from time to time. Stetson Babb went into the streets to sample the view of the “masses” and of course he chose the most ignorant of them, the ones that had a problem with the decision …

    I glad as shite … fah real

  6. Prodigal Son Avatar
    Prodigal Son

    Delisle Worrell will not always be the governor, the Nation will live to get the last laugh! The governor is out of control, he must have forgotten to take his meds on Thursday!

  7. ac Avatar
    ac

    any body with a grain of integrity would not in as much compare the dissemination of facts in a truthful manner to one as that of killing an ant with a hammer….balderdash and poppycock,,,,,,,the issue is bigger than the nation,,,,truth is what is at stake in the debacle,,,,but one should not be surprised that in a political climate as hostile as this one …. truth would be the first casualty,,the gov had a moral obligation to bring this fact to the public attention,,especially when the fourth estate has been given full authority to disseminate fact from fiction..truth from lies,,and more often than not ,,the nation,,,has failed miserably in doing so,,,,,,,

  8. Tell me Why Avatar
    Tell me Why

    Come on Lemuel.
    Do you really expect the MoF making any comment about this issue. Accountability disappear after the loss of such powerful Prime Ministers like Barrow, Adams, Sandiford and Arthur. For a Government to be effective, a Prime Minister must be assertive and must be in control of his cabinet. This is not happening since we heard about weapon used to intimidate a parliamentarian. Statements like cracking heads and shooting people; talk about bald pooch cat; talk about a parliamentarian running down Broad Street naked; seeing real life vote buying; overhearing two people planning to attack a leading political official and not a word from the head of Government who gone back to sleep. Even T’dad leader has more balls than our leader. Any of her ministers risk touching a female inappropriately and that minister is through the door.
    Now we have a GoCB threatening a media house about being banned. This country of ours is on auto pilot and our populace is sitting back and accepting all this nonsense. When will we get up and be counted.

    Unfortunately, we are in ducks guts with our Opposition Party with its infighting. Owen seems to forget that he gave up the leadership to Mia and it look like dementia is affecting him. Now we are seeing Mia taking a back seat due to constant pressures from the ex leader. Lord, come for your world.

  9. Lemuel Avatar
    Lemuel

    Tell Me Why:

    This is the time when the opposition should take the DLP to task and let them explain if this is the kind of policy the DLP is happy with. Baffy, I can not join you in this one; this is a matter of freedom of the press!!

  10. Tell me Why Avatar
    Tell me Why

    BAFBFP you said “The media houses in Barbados have become a law unto themselves.”

    Are you speaking about CBC who operates as a Government PR house. Business leaders objected to the GoCB and our CBCTV refused to bring the story. or maybe the Advocate who print every press release from the government side. That is what you call a law unto themselves Mr. Devil’s Advocate.

  11. ac Avatar
    ac

    drum roll please ..way to go gov,,,you might have taken a few hits,,,in bringing this matter of Truth and the way it was presented by the nation periodical to the public ,,however the issue of truth in the media is problematic …..long over due and a matter of concern which should have been dealt with a long time ,,,,,using a one sided and nonchalant approach in the delivery of news is unacceptable especially in terms where damages intentional or otherwise can be done to any one person or parties. ,

  12. Tell me Why Avatar
    Tell me Why

    ac. Some part of the story have to be true. A reporter would have heard actual discussion for that story to be written. When a drink is in your hand, you can expouse effluent.

  13. ac Avatar
    ac

    well then are u saying that the judgement( calll)should be left up to the reader to decide which part is true , from which is not…..then what is the job of the fourth estate,,,,,only to sell newspaper,,, i think most here who are condemning the gov and waving the flag of freedom of the press ,has lost side of a most and valuable piece of factual informantion. TRUTH ..to whom much is given ,,,much is expected,,, and there is one word that binds the public right to know and which is a link between public and freedom of the press and that one word is RESPONSIBILTY,,,,,,once that link is broken,,,,,those who the public depends on to be the eyes and ears they becomes useless,,, i truly applaud the gov ,,the licks that he might have gotten,,might be in some way ever so small inject a sense of professionalism within the media helping to remove the cloak and suspicion of an imperial fourth estate .

  14. Micah Avatar
    Micah

    The Governor of the Central Bank has gone too far. Issue a Press Statement condemning the faulty reporting, and even demand that the Nation censure its reporter, but to say that the Nation cannot send anyone to future Press Conferences is petty, childish, and ego-tripping.

  15. PLANTATION DEEDS FROM 1926 TO 2014 , MASSIVE FRAUD ,LAND TAX BILLS AND NO DEEDS OF BARBADOS, BLPand DLP=Massive Fruad Avatar
    PLANTATION DEEDS FROM 1926 TO 2014 , MASSIVE FRAUD ,LAND TAX BILLS AND NO DEEDS OF BARBADOS, BLPand DLP=Massive Fruad

    Let the crooks talk , more will come out in the wash, Let the snakes eat them self. It all will lead back to MIA and Owen,
    VAT equals UDC is the key and the proof of the land laundering,
    Let Governor of the Central Bank talk and let them fight , The wall of lies is falling , this will be the freedom of Information we have been waiting for,…
    NATIONS NEWS PAPER need to be added to this cover up and holding back the NEWS ,
    Welcome to the world of DBLP Government ,
    Look what they got for music , and a T- Shirt ,
    Party is over go home you ARE FIRED. GET YOUR PINK SLIP AND YOUR CHECK ,

  16. Boy Blue Avatar
    Boy Blue

    We have three high profile men in Barbados who love to wear fancy hats ,and that seem to be the only thing that they are good at.
    1 The Central Bank Governor
    2 The Chief Justice
    3. The Member of Parliament for St Andrew.
    Apparently there is not a hat big enough to fit either the PM or the Min of Ed heads, otherwise they would be similar outfitted.

  17. BAFBFP Avatar
    BAFBFP

    Micah

    Okay … okay … your point is taken. Hey, but banning is far more dramatic, and sometimes drama and the attention that it brings, is what is needed.

    Tell Me Why

    CBC is and has always been a PR operation for the incumbent. They do not factor in this.

  18. Lincoln Carrington Harper Avatar
    Lincoln Carrington Harper

    @Lemuel | May 12, 2014 at 8:33 PM |

    “David;
    Does the Central bank still belong to the people of Barbados. How could the Governor ban someone form a public place which is supposed to act to the benefit of all Barbadians. I want to see if the Minister of Finance shall let this behavior slide.”

    For me, the answer is that the CBB belongs to the people of Barbados as much as Barbados does. But who is dese peeples doh, an wuhpart Buhbadus is?

  19. Fractured BLP Avatar
    Fractured BLP

    Prodigal Daughter

    Please do not worry yourself over the Governor of the Central Bank because no one has sued him for defamation.

    What you need to have your pissy ass do is to tell us if the BLP is so ready to take over the reins of government and is so cohesive and united as a party … Why is George Payne still suing Edmund Hinkson for defamation through the Court of Barbados and why is Edmund Hinkson not backing down ?

    It is time you give Barbadians an honest answer to that question if you and the BLP are to be taken seriously .

    Glynne Murray article in the Sunday Sun of 11 May 2014 is a good place to start in search of that answer.

  20. Want to find out . Avatar
    Want to find out .

    in attempting to castigate the Govenor for reacting to the deliberate unprofessional act of the Nation it would be of interesting to find out how many defamation lawsuits they have before thw courts and how many they are trying to settle out of court . Talk about unprofessional ….THE NATION .

  21. David Avatar
    David

    What is more interesting to find out is if the Governor of the Central Bank has had reason to lodge a complaint against the Nation anytime during his tenure. This information will help to determine whether the reaction is too severe (relevance).

  22. watchman Avatar
    watchman

    @ fractured Blp
    Most things come in pairs, @Ac, plus one
    So are you the other mag from David Thompson dead body ?
    He recalled Mark Fenty and send you?

  23. David Avatar
    David

    Would be interesting to find out if the ban of Nation reporters at Central Bank press conferences was a unilateral decision or one directed by the Board.

  24. NationBLPnewspaper Avatar
    NationBLPnewspaper

    The Nation newspaper is making a living out of misrepresenting what people say and do.
    Many people in the business community will tell you that they do not trust the paper even though they accept that it supports the BLP which some of them also support.
    The standard of journalism in Barbados is being brought to an all time low by the Nation newspaper. Unfortunately , because the newspaper is so blatantly political, people are lining up on political sides and ignoring the bigger picture.
    The Nation newspaper should be ashamed but as recent events would suggest , the Nation newspaper has no ethical standard in its reporting even if it is pornography.

  25. Simple Simon Avatar
    Simple Simon

    I guess the governor has realized how silly (unconstitutional) his ban was and has now done an about face.

    Of the 60 he should be the first to go.

    Methinks he has passed bus “best-by” date.

    Stupseee!!!!!!!!!!

  26. Sunshine Sunny Shine Avatar
    Sunshine Sunny Shine

    Here is some questions I would like answered please. AC darling help a sista out here pumpkin been nice to you all week,

    1, Did the nation represent verbatim the stated facts as indicated by the Governor of the central bank?
    2. Has there not been claims by other persons from different walks of life complaining that when you tell the nation A they print an A minus or an A plus?
    3. Is the nation newspaper not accused countless times for misrepresenting facts and creating sensational article- selling- headlines?
    4. Is the nation not accused of under report?
    5. Is the nation news paper not accuse of having a political agenda – one that is anti the current government but for the “government’ in waiting?
    6. Is the nation news paper not accuse of collusions with high officials and other persons of prominence and affluence to not publish certain news as a means of protecting their pipe pipers and their deals?

    If there are all of these accusations against a media house for one reason or the other should greater scrutiny not be applied to the manner of their reporting? Is this not the same nation whose investigative journalism is rated at zero minus 1-1?

    Dr. Delise Worrell’s banning of the nation news press or any other media house is not something I would advocate because it will make him and his agency look like they have something to hide. However in the interest of communicating accuracy and stated facts, which the nation has been accused of not doing from time to time how could anyone not understand the position of the Central Bank Governor for banning these sons of bitches who are know to print part of story, or taking the bits that sound controversial whilst leaving out the bits that compliment or explain the controversial bits. The nation does this and that my friends is a misrepresentation of stated facts. I am with the goodly doctor on this. If you can’t print what I say than your ass ain’t coming back to none of my live broadcasts. We will send you transcripts or take the info from our website. Let me see how you gine misrepresent that!!! DAHHH

  27. lawson Avatar
    lawson

    Whenever I want to hear of a free clinic opening, that everything is well in paradise or just a nice picture of people with Easter bonnets I read the advocate
    But to see at least some of the Barbados underbelly I read the nation
    Clamp down on free speech at your own peril, it is your job as readers to get as much information as you can and make an informed decision. Many of you were outraged at an old cardboard box, yet when your access to a different point of view is taken away you just nod okay like those bobble heads in the back window of a car ….Bizzarre So if it wasn’t 60 how many will it be?

  28. PLANTATION DEEDS FROM 1926 TO 2014 , MASSIVE FRAUD ,LAND TAX BILLS AND NO DEEDS OF BARBADOS, BLPand DLP=Massive Fruad Avatar
    PLANTATION DEEDS FROM 1926 TO 2014 , MASSIVE FRAUD ,LAND TAX BILLS AND NO DEEDS OF BARBADOS, BLPand DLP=Massive Fruad

    CAUTION,
    THE MEDIA IS NOT A REFLECTION OF REALITY

  29. The People's Democratic Congress Avatar
    The People’s Democratic Congress

    A certain future coalitional regime of Barbados – and of which the PDC shall be part – shall Abolish ALL TAXATION in this country, and replace it with the right strategies and programs for the new state management entity greater coming by money out of the core financial system of this country and for its making greater political commercial uses of the talents, skills and services of those persons that shall own the state management entity that itself shall be responsible for managing the affairs of the government and people of this country.

    Thus, what shall also be very fundamental corollaries to such shall be the creation of a POST-TAXATION society for Barbados, and a POST-PUBLIC DEBT society for this country.

    PDC

  30. Well Well Avatar
    Well Well

    AC…..where is the transparency legislation and freedom of information act again? Worrell et al (DLP) are trying to stifle information to the public as usual.

    The only issue i have with the nation newspaper is that they SHOULD have printed that the manager in the H&B Hardware matter is/was bajan white….in for a penny in for a pound………but, if not for the nation newspaper bajans will only be able to talk behind their hands about what really goes on in the country and very few people outside of Barbados would know about the charades practiced by politicians…….the politicians would continue to “re-imagine” everything and pay out good taxpayer’s dollars to foreign entities/individuals to help them “re-imagine” even more shit…….DLP/BLP.

  31. ac Avatar
    ac

    look SsS as far as ac is concerned you are banned for life .. and no where in contents or context of ac vocabulary woulf the name SSS be found…you have displayed a total lack of insensitivty that goes beyond ridiculous for a black sista..not to mention a lack of respect for yourself.. being that as it may life being too short to hold on to negative thoughts which burdens and depletes. the mind ac through pray and. supplication might reconsider what i belive to be the best punishment of grevious and salicious mouthings prepetrated on ac by you SsS

  32. Well Well Avatar
    Well Well

    I tell ya…….lol

  33. Due Diligence Avatar
    Due Diligence

    This is a bit off-topic; BUT:

    DD tried to post a comment to Nationnews.com yesterday; but could not register; so sent the following email to Sanka Price.

    To: “sankaprice@nationnews.com”
    Sent: Monday, May 12, 2014 2:26:03 PM
    Subject: http://www.nationnews.com/articles/view/how-to-turn-around-economy/#view-comments

    “Just a heads up

    The photo of Dr. Justin Price at the link above, has a striking resemblance to (a much younger) John Baird, Canada’s Minister of Foreign Affairs.”

    The incorrect photo is still posted in the Nation’s epaper website this morning at:
    http://www.nationnews.com/articles/view/how-to-turn-around-economy/.

    Perhaps Sanka Price is so upset with the CBB Governor, that she did not notice that Dr Robinson appears to have undergone some major cosmetic surgery.

  34. Sunshine Sunny Shine Avatar
    Sunshine Sunny Shine

    @AC
    Have I not been a good girl? Did I not say that when your writings become balance and sensible that I will no longer ridicule you? So far most of what you have been writing recently is quite good. There is an improvement and thus I will not pummel your ass until you start to write shite again and defend the ignorance of your party. What ever tongue lashes you received from the SSS was orchestrated by your attack on my woman-hood. I am a woman to my word when I say that as long as your writings are balance I will not call you a cunt any longer or a pimp. When last I called you those words? If that hurt you, you deserved it at the time. But SSS told you that she is a bitch and one who do not care what others think of her. What I am is that I am. But if us sistas are gonna shout amongst the men, I can’t afford to have a sista like yourself writing a bunch of shite more regular than usual and be the target of much scorn on here. So what say ye sista…We mend the fences and move on. You are angry because I was slack. I told you that is my nature. Lets focus on the writings and not the bridge that were y-our trouble waters. By gones be by gones pumpkin? I am ready to start a new leaf.

  35. robert ross Avatar
    robert ross

    How can the GCB refer to a newspaper headline which says ‘A’ and then assert ‘NOT-A’ without clearly implying ‘No, you got it wrong’? Since he refers to freedom of the press and the intention to keep all media houses fully informed, on the face of it he is saying that ‘Not-A’ is an authentic response to the Nation’s assertion of ‘A’. He may then want to say that his third paragraph simply provides examples of how media houses co-extensively but not co-terminously with the possibilities will be kept fully informed.

    The over-all implication is that he knows very well he has dug himself a hole but is now filling it with sinking sand rather than cement. For ‘sinking’ read ‘slippery’.

  36. Hants Avatar
    Hants

    @Due Diligence the “Press” and NationNews.com is “Free” to make mistakes.lol

    John Baird would be flattered.lol

  37. Due Diligence Avatar
    Due Diligence

    This is even more off-topic than my earlier post; but thought it may be of some interest to the BU family who advocate for FOI legislation in Barbados.

    The shenanigans of Toronto Mayor Rob Ford is a topic reported on in the Toronto daily newspapers on an almost daily basis, and is becoming a bit boring.

    The Globe and Mail had a report yesterday concerning possible conflict-of-interest by Mayor Ford and his brother Doug Ford in lobbying city officials on behalf of a client of the Ford’s family owned business.

    That, in and of itself, is not likely to be of any interest to most of the BU family.

    What should be of interest is the degree to which the media has access to information via Freedom of Information legislation.

    There is an article “Reopen Rob Ford probe, lawyer urges” in today’s paper at:

    http://www.theglobeandmail.com/news/toronto/reopen-conflict-probe-lawyer-urges/article18632278/#dashboard/follows/

    Of greater interest is the link to “RELATED Document trail: Read the e-mails that show how the Fords intervened on behalf of a business client” at:

    http://www.theglobeandmail.com/news/toronto/ford-apollo-documents/article18609065/?from=18632278#dashboard/follows/

    Perhaps this explains the reluctance by both parties to introduce and pass FOI legislation in Barbados.

    With real teeth in it, an FOI law makes it very difficult (not impossible) to conceal self-dealing by politicians.

  38. Due Diligence Avatar
    Due Diligence

    Hants | May 13, 2014 at 10:56 AM |
    @Due Diligence the “Press” and NationNews.com is “Free” to make mistakes.lol

    Nobody is perfect; but I would expect the Nation to remove the incorrect picture when advised of its mistake

  39. Hants Avatar
    Hants

    Due Diligence “What should be of interest is the degree to which the media has access to information via Freedom of Information legislation.”

    What I am asking is how with all the evidence against him, Rob Ford has not been arrested and charged with anything.

    FOI so far has appeared to do nothing more than create comedic fodder.

    What is really needed are Police and Prosecutors who are not sympathetic to politicians.

  40. Due Diligence Avatar
    Due Diligence

    Hants

    I agree that now that the media has published documented evidence of the conflict of interest dealings of the Ford Thugs, the city administration, the police and the prosecutors have to take action and charge them; or at least throw them out of office

    And just imagine the stories the Nation and other media could publish with FOI legislation.

  41. Sunshine Sunny Shine Avatar
    Sunshine Sunny Shine

    Well Well

    Have I not been decent in recent times to AC? Why is she so bitter.

  42. Sunshine Sunny Shine Avatar
    Sunshine Sunny Shine

    David holding my comment to AC’s response. But it ain’t bad at all. David please release. I am fixing bridges here with my girl AC

  43. Well Well Avatar
    Well Well

    SSS…….there is no one quite like our AC…lol

  44. Sunshine Sunny Shine Avatar
    Sunshine Sunny Shine

    @Well Well
    She says I am ban for life. But I am not sure what she means. AC come on girlie…won’t you want someone like me at your side. Got a few articles writing for David…you are gonna like them…

  45. racehrse Avatar
    racehrse

    The Nation should be reporting the news, not making it, and the Government shouldn’t be trying to censor it! We should give both the benefit of the doubt, until proven otherwise. There shouldn’t be any bias from neither. Now in the real world, it’s just politic’s. Until the public stands up to be heard, it’ll never change.

  46. Sunshine Sunny Shine Avatar
    Sunshine Sunny Shine

    There is an SSS and now a DDD LMAO

    I smell a copy cat

  47. Lemuel Avatar
    Lemuel

    Hants:

    I tell you you is a old fart. Tell me which country that the police and prosecutors are not partial to the politicians. It happens especially in Canada, where the white folk smile sweetly with you but do not want you in Canada!!

  48. lawson Avatar
    lawson

    Lemuel…. stop the bullcrap ……. if we didn’t welcome you into Camada our police and prosecutors would have nothing to do

  49. lawson Avatar
    lawson

    Hants you are right ..nobody can prove what Rob Ford was sucking on. Having not seen it hopefully the picture of john baird doesn’t have him sucking on something as well …so the late night guys can have another field day.

  50. David Avatar
    David

    Who read the story ‘Govt seeking to raise record $4b’.

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