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Giving Back Will Carry the Caribbean Forward > Central Bank of Barbados > News


Giving Back Will Carry the Caribbean Forward

Author(s): Central Bank Of Barbados

I am happy to be back to absorb along with your parents the experience and work over the past few weeks of you SPISE campers.

I will spend the next few minutes chatting with you about one important pledge you made in this camp: the pledge to give back.

By giving back graduates like you build character, institutions, societies and countries. Giving back takes many forms: it can be in kind, financial, or in creating industries, businesses or opportunities.

The Dean Emeritus of New York University’s Leonard N. Stern School of Business, Peter Blair Henry, shared with me in 2015 that his alumnae contribute between $80 and $100 Million dollars to his university…

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Carry trade draws foreigners back into South African bonds


* Foreigners buy back into local bonds after record selloff

* Carry trade softens blow of fading “Ramaphoria effect”

* Emerging Market real yields graphic reut.rs/2K6SQVG

By Mfuneko Toyana

JOHANNESBURG, July 30 (Reuters) – Bouncing back from a record selloff, South African bonds last week recorded their best weekly inflows since February, as foreign investors ignored a grim economic outlook in favour of yields better than those in most emerging markets.

The rand also launched a surprise rally, trending closer to the crucial sub-13 level against the dollar, with investors cutting bearish bets and pushing the premium on insurance against sharp currency moves near its lowest since June.

Johannesburg Stock Exchange data showed foreigners had bought a net 5.6 billion rand ($425 million) in…

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South African Miners Say Free Carry Will Kill New Projects


The biggest threat posed by South Africa’s new Mining Charter may be to mines that haven’t been dug yet.

The draft rules, published Friday by Mineral Resources Minister Gwede Mantashe, lay out several requirements for new mining rights, including that nearby communities and employees each get a 5 percent free-carried interest in either the asset or the company that owns it. The charter is aimed at distributing the industry’s wealth more widely among South Africans to make up for racial discrimination during apartheid.

New mines are already scarce in the country, which has been mined commercially for more than a century and where producers have struggled with rising costs, regulatory uncertainty and a restive labor force. The…

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*** This news item is 3rd party content and is included strictly for non-commercial informational purposes.

People in West Africa still carry genes from mystery human ancestor


Evidence of an unknown species of human ancestor has been found hiding in the DNA of West African people.

Experts made the finding by analysing the human genome, looking for strings of genetic information that were out of place.

This revealed an inheritance of markers from an unidentified human-like species, some of which may be of benefit to their descendants – including one which suppresses the development of tumours. 

Researchers believe an ancient species of hominin, known as Homo heidelbergensis, may be the most likely candidate for the ‘ghost’ species.

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Mysterious evidence of an unknown species of human ancestor has been found hiding in the DNA of West African people. Homo heidelbergensis (artist’s model) was an early human ancestor that experts believe may be…

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*** This news item is 3rd party content and is included strictly for non-commercial informational purposes.