Nigel Farage, the leader of the United Kingdom Independence Party (UKIP), makes a statement after Britain voted to leave the European Union in London. (Reuters picture)
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BARBADOS’ FRAGILE ECONOMIC growth could be threatened by Britain’s decision to leave the powerful European Union (EU) as jittery hoteliers here have been told to keep calm.
All this occurred yesterday as economists and business leaders warned the island to brace for a possible hit on the vital tourism industry following the Brexit vote by citizens of the United Kingdom to go it alone without the EU.
Barbados Economic Society (BES) president Jeremy Stephen, the head of the Sir Arthur Lewis Institute for Social and Economic Studies (SALISES) Dr Don Marshall, the Barbados Hotel and Tourism Association (BHTA) chairman Roseanne Myers, and head of the Barbados Private Sector Association (BPSA) Alex McDonald all pointed to uncertainty and danger for the local economy struggling to achieve sustained growth. (GE/AD)
Please read the full story in today's Saturday Sun, or in the eNATION edition.