This report out of the Virgin Islands identifies Barbados, Bermuda and The Bahamas in the top 5 most expensive countries to live in the WORLD. Allow the blogmaster to ask a silly question, is this reality reversible? https://fb.watch/f2IRNlS95W/
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It is 148 days since the last general election in Barbados. The result returned the Mia Mottley led Barbados Labour Party (BLP) the office in unprecedented manner and forced the DLP to jettison Verla De Peiza as President- replaced by Dr. Ronnie Yearwood who has been in seat for 49 days. Is it too soon some are asking for a
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Some ‘insane’ Barbadians are asking the question again – is the standard of living we have become accustomed tosustainable. Is it sensible for us `a net importer and purchaser of foreign currency to promote and implement policies that guarantee we must BORROW billions in foreign and local dollars to fund the short fall not covered from taxes collected in the
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Submitted by Steven Kaszab The news cycle has centered upon issues of inflation, cost of living, transportation and housing costs. Are we living far beyond our financial capabilities? Are our expectations too demanding? The true inflation levels are nearing 8.9-10%, something our governments tried to hide in an effort to bring our attention to levels they wish to achieve nearing
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It is no surprise the ineffectual debate about reducing the cost of living has resurfaced. As usual the country is beguiled by the usual talking heads whose commentary is crafted to fulfil political interest and reaffirm traditional economic theories. However you ‘slice and dice’ the challenge facing Barbados to significantly reduce the cost of living, it cannot change the fact
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Submitted by Observing First they gave a non-impactful salary increase. Then they raised taxes and rates in every place possible. Then they kept gas prices high despite world conditions. Of course they watch silently as retailers raise their prices left right and center. Then they restructured government bonds that found bondholders getting less and taking longer to do so, maybe
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Visit caribbeansignal.com for more details Back in 2019, I wrote a series of articles on KFC in the Caribbean. Today, I am following it up with a look at Little Caesars in the Caribbean, and in particular, a price comparison of one of their menu staples (and a personal favourite of mine), the Little Caesars Hot-N-Ready Large Pepperoni pizza. Before I
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Amid the din of post-Christmas activity the FTC posted a notice requesting technical assistance to support a rate review in the second quarter 2019. A worst case scenario for Barbadian consumers to consider is that the BL&P will be granted the increase. One does not require deep dive analysis to gauge the state of mind of Barbadian consumers, we are
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Submitted by Observing Every once in a while we are treated to a masterful display of “watch muh while I pull a rabbit out of my hat.” Our political culture and climate is no different. A peep at the mistress payslip after her much heralded 5% increase with only 5 months back pay that she hasn’t gotten yet reminded me
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The news that Barbadians will have to pay more for a ham in 2017 has generated heated conversation in Barbadians- the land of ‘porkmouts’. The baking of a ham on Christmas eve night is part of a rich tradition practiced by all households. Now that the NSRL has taken full effect Barbadians will have to be smart about the household
Read moreThe following article is written by Customs Officer, Arleigh Durant, for CESS NEWS (Customs and Excise Shop Stewards News). The shop stewards at Customs use CESS as an avenue to disseminate news among the staff. A member of the business community was having a candid conversation with a Customs officer. The businessman told the officer “time is money I have
Read moreAll across the English speaking Caribbean, there is an ominous movement of sorts, a movement of low frequency rumblings without patterns, without form, not like the rhythms of bumbatuk or soca or the one drop of reggae or mento that we are accustomed to. The essence of all of these known rhythms is that they link us to a past
Read moreSubmitted by Old Onions Bag “capitalism gone mad ” ― Mighty sparrow Things in Barbados today are like living in a boiling cauldron. It is hot hot and getting hotter. The people of this once ‘amiable and smiling faces’ land, have changed their outward appearances over-night and are real vex. When last you been to the supermarket or joined a
Read moreRookie Minister of Finance Chris Sinckler has delivered his first budget and admittedly it was at a difficult time. BU does not have the expertise to apply the required analysis to determine if it was a’ ‘good’ budget or not. Seems oxymoronic for people to be labeling an austere budget as good anyway. Since delivering the budget Sinckler has had
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