Entries from September 2008

September 30, 2008

The Nation Goes A Blogging

Not to be left behind, the Nation newspaper plans to venture into the realm of blogging.
Ascending to new heights like many online newspapers with a comment section, the paper plans to “bring some of our most popular columnists online as bloggists,” as they ‘’start a number of new blogs on politics, entertainment and sports.” [...]

September 30, 2008

So We Building A New Hospial Now! Queen Elizabeth Hospital Status Reduced

  First we were refurbishing and expanding the Queen Elizabeth Hospital. Next we were looking at building a new hospital. 
Then an original recommendation to build a new hospital north to the current one was rejected based on unsuitable location. Further we were no longer building a new hospital. Now we are.
After discovering a well kept secret [...]

September 29, 2008

Rapid European Banks Bailouts Another US Bank Goes Under As Financial Crisis Further Spreads

European governments had to step in with a flurry of major bank bailouts from Iceland to Germany as fear and turmoil from the U.S. credit crisis spread through the financial system.
Even as U.S. lawmakers were preparing to vote on a massive $700 billion (€490 billion) rescue of their own banks, [$US700b Bailout Deal Voted Down] the governments [...]

September 29, 2008

PM Thompson Calling It As It Is Should Barbadians Worry About Their Assets In US Banks?

   Photo credit -UN
I came across an interesting piece of information on Bajan Dream Project blog where it states that 35,000 bajans live on less than $8.00 a day.
The Project primary aim according to its blog is to ‘deliver a unique intervention by combining skills training, micro-financing and housing provision in a sustainable ‘workfare’ [...]

September 29, 2008

3G iPhone Has Arrived [Officially]

 3G iphone – Photo credit – Apple
If you don’t mind shelling out a couple thousand dollars using a smartphone without a 3G platform network available in Bim, then go right ahead.
If on the other hand you prefer to wait on Cable & Wireless for that high speed activation [by that time the price may drop [...]

September 27, 2008

Another US Bank Collapses – Biggest In US History

As the debate over a US$700-billion bank bail-out rages on in Washington, one of the largest US banks – Washington Mutual Inc. -has collapsed under the weight of its enormous bad bets on the mortgage market.
The Federal Deposit Insurance Corporation seized WaMu yesterday, and then sold the thrift’s banking assets to JPMorgan Chase & Co. [...]

September 27, 2008

Hindu Fanatics Killing Campaign Against Christians Causes Them To Take Up Arms

Following a month  long reign of terror in the Indian state of Orissa, Christians there are not a happy bunch.
The Christians have been the subject of murders and gang rape, whilst their  homes and buildings were torched.  They decided it was time to defend themselves with arms. Even so as many as 50,000 are still forced to [...]

September 26, 2008

Government Slow On Renewable Energy

 
 

We congratulate Hander Callender on his most incentive and promising venture. With a vision he took the bull by the horns and conceptualized a biodiesel operation, Native Sun NRG, with the primary purpose of reducing the costs of fuel to small business and vehicles owners.

Unlike some businesses that go begging to government for everything under the [...]

September 26, 2008

Tough Times Ahead For Barbados Due To US Financial Turmoil

    The Barbados economy is expected to feel the effects of the turbulence in the United States financial markets later, rather than sooner.
Central Bank Governor Dr Marion Williams said yesterday that while the situation is unlikely to have a significant impact on Barbados immediately, “as the US economy slows or goes into recession as it [...]

September 25, 2008

Mia Gets Her Wish

Barbados’ unemployment rate is up, but remains in single digits. The rate stood at 8.6 per cent at the end of June, a hike on the 7.9 per cent recorded at the end of March. The jobless rate was also up on the 8.1 per cent logged at the end of June, 2007……..some 133 500 [...]