Author Archives: #johnycake

Economic growth study is required for Barbuda’s future development

A review of the Barbuda economy is on the cards as Council members seek to jump-start economic growth. The study to be commissioned by the CDB (Caribbean Development Bank) is expected to outline development plans for the future. A Commonwealth report commissioned in 2002 indicated that while Barbuda faces a number of constraints derived from […]

Water supply improving for Barbudans

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Construction has started on a reverse osmosis plant in the River area of Barbuda. The plant is being constructed with a $1.2 million loan from Venezuela and is part of the Petro-Caribe (PDV) deal negotiated by Prime Minister Baldwin Spencer. The plant is expected to produce at least 600,000 gallons per day for the village […]

Allen Stanford found guilty of $7bn fraud.

Allen Stanford goes back to prison as his court case ends in the USA. During the trial prosecutors argued that Stanford used his clients’ money to fuel his “lavish lifestyle and his loser companies” in a massive Ponzi scheme that spanned two decades. Stanford, they argued, conned investors into buying certificates of deposit, or CDs, […]

German TV to film on Barbuda

ARD German TV is producing a special two-part documentary about the Caribbean which will air in prime time during the Christmas holidays on the ARD network (“Channel 1”) in Germany. Filming in the Eastern Caribbean islands is planned during May or June, journeying through the islands of Antigua, Dominica and Montserrat after visits to Jamaica, […]