The Eastern Caribbean Central Bank (ECCB) commemorated its 42nd anniversary on Wednesday, 1 October, marking over four decades of unwavering service to the Eastern Caribbean Currency Union (ECCU). The milestone was celebrated with a special worship service on Sunday, 28 September, attended by ECCB management, staff, retirees, stakeholders, and community members. The event, led by Pastor Leroy Matthew of the People’s Evangelistic Centre, was a heartfelt expression of gratitude for the Bank’s enduring contributions to regional financial stability. Pastor Matthew praised the steadfastness of the Eastern Caribbean (EC) dollar, which has been pegged to the U.S. dollar at EC$2.70=US$1.00 since 1976, highlighting its role in fostering economic confidence. ECCB Governor Timothy N.J. Antoine, in his address, thanked God for the Bank’s journey and reaffirmed the strength of the EC dollar, backed by nearly 99.0% foreign reserves. He emphasized the ECCB’s commitment to maintaining financial stability across its eight member countries. Governor Antoine also honored the Bank’s pioneers, including Dr. Sir Kennedy Simmonds, Sir Cecil Jacobs, Sir K Dwight Venner, and Sir Errol Allen, while acknowledging the collective efforts of past and present contributors. In a poignant moment, he addressed the younger generation, explaining the ECCB’s critical role in regulating financial institutions, issuing currency, and safeguarding deposits. He urged both children and adults to value the Bank’s work and to pray for its continued success. The anniversary coincided with the Financial Information Month (FIM) Festival, a regional initiative promoting financial literacy under the theme ‘Financial Empowerment Through Education.’ The event underscored the ECCB’s legacy of leadership and its ongoing mission to empower the people of the Eastern Caribbean.
标签： Antigua and Barbuda
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OP-ED- Last Stand: Trinidad And Tobago Races Against Time To Save Caribbean’s Final Investment Grade Rating
Trinidad and Tobago, the Caribbean’s last remaining investment-grade sovereign, is teetering on the edge of a financial precipice. Last week, Standard & Poor’s (S&P) downgraded the country’s economic outlook from ‘stable’ to ‘negative,’ signaling a one-in-three chance of a full credit rating downgrade within the next 6 to 24 months. This warning has profound implications for the nation’s 1.4 million citizens, who could face skyrocketing borrowing costs, reduced public services, and heightened economic hardship. The twin-island nation currently holds a BBB- rating, the lowest tier of investment-grade status. A further downgrade to BB+ would plunge the country into ‘junk’ territory, forcing institutional investors to divest and significantly increasing the cost of government borrowing. The stakes are high: Trinidad and Tobago’s potential fall would leave the entire English-speaking Caribbean without a single investment-grade sovereign. The root causes of this crisis are deeply entrenched. The country’s over-reliance on its declining oil and gas sector, chronic fiscal deficits, and stagnant economic growth have created a perfect storm. Oil and gas still account for over 25% of GDP, nearly 80% of exports, and the bulk of government revenues. However, production has been declining for years, and new projects require costly deep-water drilling. Meanwhile, the government’s debt burden has reached 81.3% of GDP, and the Heritage and Stabilisation Fund, built from past oil booms, continues to shrink. S&P has issued an ultimatum: implement fundamental structural reforms within the next two years or face junk status. These reforms include diversifying the economy beyond oil and gas, improving fiscal discipline, addressing chronic USD shortages, and strengthening institutions. While the challenges are daunting, Trinidad and Tobago retains some advantages, including political stability, substantial liquid assets, and sound monetary management. The country’s strategic location as a regional energy hub and gateway to South America also offers opportunities for diversification. The government’s response to this crisis will determine whether Trinidad and Tobago can avoid the fate of its Caribbean neighbors, such as Barbados and The Bahamas, which have struggled with high borrowing costs and austerity measures after losing their investment-grade status. The clock is ticking, and the stakes extend far beyond credit ratings. Success could position Trinidad and Tobago as a model for small island developing states navigating the transition to post-petroleum prosperity. Failure, however, would burden citizens with higher costs and eliminate the Caribbean’s last beacon of investment-grade credibility.
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U.S. Embassy in Bridgetown Halts Facebook Updates During Government Shutdown
The U.S. Embassy in Bridgetown has announced a reduction in its social media updates due to the ongoing U.S. government shutdown. In a formal statement, the embassy clarified that its Facebook account will not be regularly updated until full operations resume, except for critical safety and security alerts. This decision stems from the lapse in federal appropriations, which has impacted various government functions. Despite the shutdown, the embassy emphasized that scheduled passport and visa services in the United States and at overseas embassies and consulates will continue ‘as the situation permits.’ The public has been advised to visit travel.state.gov for the latest updates on consular services and operational status. This move highlights the broader implications of the government shutdown on U.S. diplomatic operations and public communication.
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Church Explains Massive Statue on All Saints Road
A monumental statue erected by Glorious Hope Ministries on All Saints Road has swiftly become one of the nation’s most talked-about landmarks. The towering figure, installed last week, features a human-like form adorned with a helmet-like headpiece, crossed arms, and a skirt-like garment. According to church leaders, the statue is deeply rooted in biblical prophecy, drawing inspiration from the book of Daniel. It symbolizes the imminent second coming of Christ and serves as a powerful reminder of the message of salvation. While not designed to convert individuals instantly, the statue aims to foster spiritual reflection and leave a lasting impression on the community. Crafted by a local artist, the structure has already garnered significant attention from passersby and travelers, sparking widespread discussion and curiosity. The church emphasizes that the statue is a call to introspection and a testament to their faith. As it stands prominently along All Saints Road, it has become a focal point for both locals and visitors, blending artistry with spiritual symbolism.
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Unlicensed, Uninsured Teen Pleads Guilty After crashing Mom’s car in reckless Joyride
An 18-year-old from St. Phillip’s Village has been found guilty of multiple traffic violations following an unauthorized joyride that culminated in a collision with a parked bus on Freetown’s main road on September 27. The young man, who appeared before Acting Chief Magistrate Dexter Wason, admitted to six offenses, including careless driving, driving without the owner’s consent, driving without insurance, driving without a license, failing to report an accident, and fleeing the scene. Police reports indicate that the teen drove away after the crash, which caused damage to the bus’s bumper and taillight. He was subsequently apprehended at the Freetown Police Station. The court issued a reprimand and discharged him on three counts, imposed a 90-day ban on obtaining a driver’s license, and levied a $1,000 fine for driving without insurance. Sentencing for the careless driving charge has been postponed to October 2, pending the submission of a repair estimate by the victim. This incident underscores the dangers of reckless driving and the legal consequences of unauthorized vehicle use.
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Court Shows Leniency to Man Who Stole Two Bottles Cavalier Antigua Gold Rum
A 29-year-old man from Swetes Village, Antigua, has been reprimanded and discharged after admitting to stealing two bottles of rum from a local supermarket. Koeic Francis pleaded guilty to taking two bottles of Cavalier Antigua Gold Rum, valued at $63.90, from Perry Bay Supermarket on September 26. The theft was initially spotted by a security guard, and Francis was arrested after returning the following day to repeat the offense. Acting Chief Magistrate Dexter Wason noted that Francis had only recently been released from prison after serving nine months on remand for a similar charge. The court also heard that Francis, who is unemployed and lives with relatives, has not been receiving treatment despite a professional evaluation. Several individuals in court pleaded for leniency, and Wason ultimately decided to show compassion, warning Francis that he could not continue down the same path. Francis promised not to reoffend, and a restitution order was issued for the stolen alcohol.
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Editorial- The Dawn of a New Era in CARICOM Free Movement
On October 1, 2025, the Caribbean integration project achieved a monumental milestone as Barbados, Belize, Dominica, and St Vincent and the Grenadines implemented full free movement for their nationals. This groundbreaking initiative allows citizens of these nations to live, work, study, and reside indefinitely in each other’s countries without the need for work or residence permits. The move, rooted in the Enhanced Cooperation in Free Movement framework, was formalized during the 49th Regular Meeting of CARICOM Heads of Government in Montego Bay earlier this year. It represents a historic shift in policy, transforming a long-standing aspiration into tangible reality. The initiative underscores the Caribbean’s commitment to regional unity and economic integration, echoing the vision of the Revised Treaty of Chaguaramas (RTC). While the implementation requires amendments to domestic legislation, it marks a significant leap toward a more unified Caribbean Community (CARICOM). The decision also reflects lessons from the Caribbean Court of Justice’s landmark Myrie case, which clarified the right to free movement and established safeguards against misuse. Prime Minister Mia Mottley of Barbados emphasized the practicalities of the new system, which simplifies cross-border mobility by requiring only a passport for registration. This initiative not only fosters economic opportunities but also strengthens social and cultural bonds across the region. However, its success hinges on diligent implementation, including investments in infrastructure, education, and healthcare, as well as measures to combat discrimination and xenophobia. As these pioneering nations navigate the challenges of implementation, their journey serves as a beacon of hope for broader regional integration, setting the stage for a shared Caribbean destiny.
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Antigua and Barbuda Promotes Tourism at Major Argentina Travel Fair
Antigua & Barbuda made a remarkable appearance at the Feria Internacional de Turismo (FIT) in Argentina, Latin America’s largest international tourism fair. This prestigious event, attended by thousands of industry professionals, decision-makers, and travel enthusiasts worldwide, serves as a global platform for fostering connections, collaboration, and innovation in the tourism sector. Representing the Antigua and Barbuda Tourism Authority were Charmaine Spencer, Director of Tourism for the Caribbean and Latin America, and Marketing Officer Alfonsina Olmos. They showcased the twin-island nation’s unparalleled allure, from its 365 pristine beaches and vibrant culture to its luxury accommodations and commitment to sustainable tourism. Through direct engagement with travel trade professionals and strategic partnerships, Antigua & Barbuda aims to solidify its position as a top destination for Latin American travelers seeking unforgettable Caribbean experiences. The nation’s participation at FIT highlights its dedication to expanding its global footprint and promoting its unique offerings in the competitive tourism market. Additionally, the event served as an opportunity to explore innovative marketing strategies, including customizable digital advertising packages, to further enhance the destination’s visibility and appeal.
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Antigua And Barbuda Art Week Returns, Transforming The Twin-Islands Into A Vibrant Canvas Of Culture
Antigua and Barbuda are set to host their annual Art Week from November 26 to December 2, 2025, transforming the twin-island destination into a hub of cultural expression. Organized by the Antigua and Barbuda Tourism Authority in collaboration with the Department of Culture, this year’s event promises to be the most immersive yet, blending traditional art forms with contemporary creativity. The week-long celebration will feature over 15 events, including visual arts exhibitions, fashion shows, music performances, dance, spoken word, and culinary experiences, all designed to showcase the dynamic culture of the islands. Highlights include the Opening Night celebration at Redcliffe Quay, the Visual Arts Exhibition at the Dr. Alister Francis Campus, and the ‘ZOIGE’ Fashion Show by designer Garrett Javan. Art Week will also feature sustainability-focused workshops, community-driven art experiences, and curated bus tours to explore Antigua’s artistic landscape. Most events are free and open to the public, with select experiences requiring pre-registration. For more details, visit www.visitantiguabarbuda.com or follow @antiguabarbudaartweek on social media.
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Solid Waste Authority announces launch of National Clean-Up Campaign
As October unfolds in Antigua and Barbuda, the nation has embarked on an ambitious clean-up campaign aimed at revitalizing communities and restoring environmental pride. The initiative, which spans across various regions including Grays Farm, Hatton, and Green Bay, focuses on clearing drains, coastal areas, main roads, and village corners. Residents are urged to participate by placing bulk waste on curbsides for collection. This effort transcends mere cleanliness; it symbolizes a collective commitment to respect and preserve the environment, ensuring that Antigua and Barbuda shines once again. The campaign emphasizes community involvement, with organizers pledging to reach every home and neighborhood. The message is clear: love where you live, and let your surroundings reflect that pride. Additionally, the campaign highlights opportunities for local businesses to advertise with the most visited news site in Antigua, offering customizable digital marketing packages to support the initiative.