- Banks Holdings Limited (BHL), established in 1991, is Barbados' largest beverage conglomerate.BHL beverages include leading international brands produced under license such as Coca-Cola, Sprite and Guinness; local originals like FRUTEE and TIGER MALT; PINEHILL juices and milks; and our signature product Banks Beer, Barbados' best loved lager.
economy
- https://www.ft.com/content/1e6db984-6839-11e8-8cf3-0c230fa67aec
Barbados must prepare for a long and painful journey back to financial and economic health, after announcing a radical plan to tackle the fourth-biggest debt burden in the world, according to the country’s new premier. The Caribbean island is still reeling from prime minister Mia Mottley’s revelation on Friday that it had discovered previously undisclosed financial liabilities, which lifted the country’s overall debt from 137 per cent of gross domestic product to more than 175 per cent. This is the fourth-highest debt-to-GDP ratio in the world after Japan, Greece and Sudan. Given the precarious fiscal situation — the central bank’s reserves are down to just $220m, or seven weeks worth of imports — looming debt payments due this month and the upcoming hurricane season, Ms Mottley said she had no choice but to act quickly by calling in the International Monetary Fund and putting in place a debt restructuring.
uk
- Barbados will remove Queen Elizabeth II as its head of state and become a republic by next year, its government has announced, making it the first country to drop the monarch in nearly three decades.The Caribbean nation's Governor-General, Sandra Mason, said in a speech on Tuesday that "the time has come to fully leave our colonial past behind."She said the country will become a republic as early as November of next year, when it celebrates its 55th anniversary of independence from the British empire.https://edition.cnn.com/2020/09/16/americas/barbados-queen-elizabeth-scli-intl-gbr/index.html
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