Entries Tagged as 'Finance'

May 5, 2008

Barbados In Central America?

This report from chinaview.cn
David Thompson, prime minister of Barbados in central America, arrived in Beijing on Monday, kicking off a four-day official visit to China as a guest of Chinese Premier Wen Jiabao.
During his stay in Beijing, Thompson will meet Wu Bangguo, chairman of the Standing Committee of the National People’s Congress, China’s [...]

May 5, 2008

UN World Food Program Credibility At Stake? Agency Cries Provety Whilst Sitting On $1.22b!!!

This article is sure going to raise a few eyebrows in the international community. Every since the surging global food crisis with millions around the world starving, the UN has been appealing to donors to contribute to its needy fund to feed the poor [who have been hit the hardest], one would have gotten the [...]

April 24, 2008

Forty Years On, Bank Beer Finally Makes It To The US Mainland

It was long in coming but we finally made it. Fantastic.
Read full article here

April 18, 2008

A Look At Our Caricom Neighbours

A brief look at how the global food crisis is affecting our Caricom neighbours as they too try to grapple with the rising food costs in their countries.
Haiti
Haiti which has felt the greatest impact out of the Caribbean nations have at least 5 people dead and 40 wounded this week since mass demonstrations began [...]

April 17, 2008

Inland Revenue Department New Online Tax Filing System

Another government department has come into the Internet age. We welcome the news that the Inland Revenue Department has a new automated Tax Administration System.
From next year the system will be available when persons will be filing their returns for the income year 2008. So besides heading down to the concrete building in Bridgetown, one [...]

March 27, 2008

Central Bank Of Barbados Cuts Local Interest Rates Again - Fearing Slowdown In Economy

       A week from today, next Tuesday, April 1, 2008, the minimum interest rate payable on deposits will be reduced by quarter of a percent, from 4.75% to 4.5% the Central Bank of Barbados said late week”any weakening in the economics of major trading partners will impact negatively on economic activity in Barbados”. 
 The bank  said  its [...]

March 27, 2008

JPMorgan Offers Bear Stearn’s Best Brokers Incentives To Stay

JPMorgan Chase & Company is offering bonuses to the top brokers at Bear Stearns Cos. to get them to stay with the company after it is acquired, JPMorgan said Tuesday. The packages, which would go into effect when JPMorgan’s buyout is completed, are aimed at keeping Bear Stearns’ best-performing brokers from leaving for another investment [...]

March 17, 2008

Bear Stearns Sold

The days of Bear and Stearns being an independent firm may be over. JP Morgan which on Friday rode to the rescue of Bear Stearns bought the firm on Sunday at a fire-sale price of $2 a share or $236.2m.
That the company’s board - which presumably was more familiar with its finances - would part with the [...]