Section
Markets, enterprise, and economic developments.
Lead story
Barbados' Rihanna and Tyler Perry rank 14th among 23 black moguls on Forbes' World Billionaires list. Michael Jordan, Oprah Winfrey, and Jay-Z also feature in the top rankings.
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Some consumers express concerns over potential price hikes due to the global trade war. Strategies discussed include buying local, purchasing in bulk, and adapting to changing circumstances.
The Barbados Consumer Empowerment Network (BCEN) expresses concern over the Government's customs valuation measures favoring commercial importers, potentially neglecting consumer protection. Head Maureen Holder highlights equity issues and lack of price benefits for consumers.
The article explores the impact of globalization on the US economy, debunking the narrative that it solely harmed the country. It highlights increased wealth, job shifts, and the importance of managing globalization effectively.
Barbados Private Sector Association advises Barbadians to prioritize local and regional goods amid US tariff threats. Caution urged to monitor potential impacts on Caribbean economies and consider short-term buying strategies.
