Friday, October 10, 2025

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Governments increased tax revenues in 2024 to meet rising spending needs

PARIS, France – Rising health expenditures and population ageing prompted many governments to increase social security contribution rates in 2024, reflecting a broader trend towards increasing revenues to strengthen the long-term sustainability of social protection systems, according to a new OECD report. The tenth annual edition of Tax Policy Reforms: OECD and Selected Partner Economies provides a […]

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Canada’s labour market hits a speed bump

By BDC MONTREAL, Canada – The Canadian job market is slowing down. Although the situation isn’t alarming yet, it’s important for entrepreneurs to be aware of the weakening employment picture and the factors driving it. Strong employment stimulates consumer spending and is a key driver of growth. It also makes households more resilient to economic turbulence […]

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Nokia – KONGSBERG signs agreement to advance defense communications with 5G technology

Collaboration combines the companies’ expertise in tactical communications and mobile networks to deliver advanced capabilities to defense forces and allied nations. Focuses on deployable 5G solutions for field operations today, while exploring future technologies like 6G to boost situational awareness and military readiness. ESPOO, Finland – Nokia and Kongsberg Defence & Aerospace (KONGSBERG), Norway’ leading […]

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Haiti cannot wait – all OAS member states declare: “The time for decisive action is now”

By Sir Ronald Sanders On 10 September, all 32 active member states of the Organization of American States (OAS) signed a joint statement on Haiti. As often happens in diplomacy, not every member state participated in the discussions and negotiations that produced the text. Antigua and Barbuda did. I led our delegation. We argued line […]

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BVI premier underscores collaboration in public service at mid-year review

TORTOLA, BVI – Premier and minister of finance, Dr Natalio D. Wheatley has underscored the importance of a strong, collaborative relationship between ministers of government, permanent secretaries and heads of departments, speaking on Wednesday, as an estimated 90 top public officers met for mid-year review. In August 2024, the House of Assembly passed the Public […]

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Caribbean export concentration creates “Severe Exposure” to global economic shocks, CDB vice president warns

BRIDGETOWN, Barbados –  The Caribbean region’s limited export diversity creates “severe exposure” to external economic turbulence, leaving regional economies with “acute vulnerability” to global shocks, Ian Durant, vice president, corporate services (Ag) at the Caribbean Development Bank (CDB), has warned. Speaking recently at the 2nd Wider Caribbean Regional Risk Conference, Durant revealed that tourism accounts […]

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Haiti: UN relief chief implores ‘we have to do better’ to support gang-ravaged nation

PORT-AU-PRINCE, Haiti – Gang violence, hunger and instability continues to roil Haiti as the UN relief chief declared on Wednesday that “we have to do better” to help the families striving to survive amid an alarming humanitarian funding shortage. “I’m ashamed on behalf of the world that we cannot find it in ourselves to be […]

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Commonwealth countries back new strategic plan for shared prosperity

 LONDON, England – To set the stage for a new era of effective results, the Secretariat developed its strategic plan covering the period 2025 to 2030, after extensive consultations with member countries, sister and accredited organisations, development partners, staff members and other stakeholders. Early in her tenure in April 2025, the Commonwealth Secretary-General, Shirley Botchwey, outlined […]

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Antigua – Barbuda condemns Israel airstrike in Doha

ST JOHN’S, Antigua – The government of Antigua and Barbuda condemns, in the strongest terms, the airstrike carried out by Israel in Doha on 9 September 2025 – an operation prime minister Benjamin Netanyahu has confirmed was initiated and executed by Israel. This extraterritorial use of force violates Qatar’s sovereignty and territorial integrity and contravenes […]

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The dance of the Cocoa Slave

By Johnny Coomansingh This article describes some of the horrors I experienced in the production of cocoa beans on my godmother’s cocoa estate. I was just around ten years old, but fair game to be used, abused, and somewhat confused by people I loved and trusted. In this story, I functioned as a minion, a […]

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CDB president encourages MDBs to advance trust, equity, and Inclusion in AI and data governance at Global Privacy Symposium

BRIDGETOWN, Barbados – President of the Caribbean Development Bank (CDB, the Bank), Daniel Best has highlighted the critical role of privacy and data governance in shaping equitable and resilient development outcomes. Speaking at the 9th Annual Multilateral Development Bank (MDB) Privacy Symposium, Best shared that “When individuals share their data with us, they are placing […]

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