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Editor's Top Picks
Some Recent Articles:
- The Ebbs And Flows Of Currency Tides by Michael Berry, CFA - President Glenhuron Bank Limited, Barbados
- From Here To DTA: Diplomacy And The Promotion Of The Barbados' International Financial Services Sector by Teresa Marshall Permanent Secretary (Foreign Affairs) Ministry of Foreign Affairs and Foreign Trade
- Benefits Abound - Use Of Barbados Life Insurance To Canadian And UK Residents by Wayne Fields, President & CEO of Amphora Life Insurance Company Ltd. & Charles Gagnon, Partner, BCF, LLP.
- Lecture Delivered To The Young Economist Association Of The University Of The West Indies "Transforming The Barbados Economy In The Age Of Liberalisation" Given By The Rt. Hon. Owen S. Arthur, M.P. -
Latest additions to the Data Library:
- TD Waterhouse 2010 Canadian Federal Budget Summary
- Island Economies And Their Infrastructure: An Outlook 2010 And Beyond - a report by KPMG
- Medium-Term Fiscal Strategy 2010-2014 (Jan. 2010) - Government of Barbados, Min. of Finance
- Draft Medium-Term Development Strategy of Barbados 2010-2014 (Dec. 2009) - The Research and Planning Unit, Economic Affairs Division
Recent Blog Posts:
- The Barbados Economy. At The Cross Roads - Peter N Boos, FCA
- Innovate To Fly - Alex Pratt OBE
- Global Economy Briefing - Avinash Persaud
- Wanted: An Entrepreneurship Czar - Louis Parris
- Potential New Markets In International Financial Services - Ben Arrindell
Business Press Releases

High taxes triggers widespread evasion
Complex tax systems and widespread evasion are distorting investment decisions by companies in Latin America and the Caribbean, reducing the efficiency of markets and preventing governments from investing in infrastructure, education and other key public goods.

Canada's 2010 Federal Budget
On March 4, 2010, the Honourable Jim Flaherty, Minister of Finance, presented a federal budget intended to create and pro- tect jobs and stimulate economic growth for Canada. The budget delivers on Year 2 of Canada's Economic Action Plan, confirming $19 billion in federal stimulus spending over the next year, invests in a limited number of new initiatives targeting jobs, innovation and new business investment, and introduces a three-point action plan for returning a bal- anced budget after 2015.
The Challenge Of Low Interest Rates In The Caribbean
The Caribbean region is still undergoing an economic slowdown driven by the international financial and economic crisis. In this environment interest rates in the region are expected to decline. The actual experience thus far has been that loan and deposit rates across the region have softened but have not fallen as fast as one might have expected given interest rate developments in the USA and the problem of chronic excess liquidity in some countries in the region. For countries in the Eastern Caribbean Currency Union (ECCU) and Guyana the lending and deposit interest rates have remained flat while in the Bahamas these rates have fluctuated.

Butterfield Strengthens Capital Position
The Bank of N.T. Butterfield & Son Limited ("Butterfield" or the "Bank") announced today that funds affiliated with The Carlyle Group ("Carlyle"), Canadian Imperial Bank of Commerce ("CIBC") and other institutional investors have invested $550 million in new Butterfield equity. Other investors include the Wellcome Trust, The Bermuda Government Pension Funds, Julian Robertson, and Goshen Investments, LLC. As part of the transaction, existing Butterfield shareholders will have the right to participate in a rights offering, proceeds of which will be used to buy back some of the newly issued shares.

Barbados company spans the globe, now sets sights on U.S. market
Lenstec (Barbados) Inc. a medical device company with worldwide manufacturing operations located in Christ Church, Barbados has announced that the United States Food & Drug Administration has approved its Softec HDTM intraocular lens (IOL) for sale in the US market.
















