AGP Executive Report
Last update: 10 hours agoVenezuela Oil Deal and Barbados Link: A new U.S.-Venezuela oil arrangement has put a spotlight on NABEP, an oil company run by Venezuelan businessman Alejandro Betancourt, with the firm described as Barbados-registered—while critics call it a “shameful sellout” and question the deal’s governance and credibility. Customs Modernisation: Barbados’ Finance Minister Ryan Straughn says new Customs regulations, including updated standard operating procedures and technology upgrades, will come into effect by October, building on the Trusted Trader programme and advanced rulings. Transport and Cost of Living: A digital payment pilot for public service vehicles is set to start in the next two to three weeks, aiming to cut paper tickets and fare fraud as eight buses move toward cashless operations. Business Financing: Economist Winston Moore urges Barbados firms to consider equity financing as a viable alternative to bank loans, arguing the country needs a better conversation on cost of capital and investment returns. Tourism Campaign: Barbados Tourism Marketing Inc. launches “Barbados Remembers Your Name,” leaning on repeat visitors and personal connections to drive a new global destination push. Public Health: The Heart and Stroke Foundation continues its fight against sugar and salt abuse with a Healthy School Nutrition Forum and updated healthier snack and drink guidance for schools. CPL Cricket: Barbados Tridents’ season takes another hit after a third straight loss to St Kitts and Nevis Patriots, leaving them in the cellar ahead of their home leg at Kensington Oval. Regional Reparations: Barbados will host the Third CARICOM Regional Conference on Reparations from Sept 17–19, focused on practical steps for reparatory justice under a revised Ten-Point Plan.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.