Section
Markets, enterprise, and economic developments.
Lead story
Dr. Keith Mitchell, Chairman of the West Indies Cricket Sub-Committee, discusses improved relationships between players and administrators, emphasizing stakeholder engagement and talent retention in the modern cricket landscape.
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Barbados' General Insurance Industry faces challenges with underinsurance, limited reinsurance, and escalating costs, impacting the country's disaster recovery capabilities. Details from the 2023 Financial Stability Report are discussed.
Government of Barbados aims to tighten spending, focusing on wages to achieve a higher primary balance surplus. IMF report outlines commitments for fiscal responsibility and economic reform.
Greece implements a controversial six-day work week to boost productivity, drawing criticism from labor unions. The law allows additional hours for certain businesses but excludes food service and tourism workers.
Barbadian workers face increased responsibility for retirement savings as more employers close occupational pension plans. The 2023 Financial Stability Report highlights sector decline and challenges in maintaining pension funds.
