PORT OF SPAIN, Trinidad - The financial crisis of 2008 and the ensuing economic challenges for many of the major economies have provided a lot of lessons for economists and those interested in political economy. Whilst we may all be aware of the difficulties posed by a recession, what has not been clear is the success of the various policy measures to lift a country out of the doldrums.
Trinidad and Tobago
PORT OF SPAIN, Trinidad, CMC – A 23-year-old man charged with threatening to assassinate Prime Minister Kamla Persad Bissessar will re-appear in court on March 19, after the prosecution said it was not prepared to start the case, when it was called for the fourth time on Tuesday. Nicolai Marfan, an airport employee, is alleged to have sent a message by telephone which was menacing in character on October 10 last year.
PORT OF SPAIN, Trinidad - On January 10, Trinidad Cement Ltd (TCL) sent the following response on whether it is concerned that local manufacturers will start to lobby for the removal of the CET on cement_ “CARICOM Agreements for Protection of Regional Investment and Manufacturing “The implementation of the common external tariff (CET) by the member states of the Caribbean Common Market in respect of all commodities imported in the common market from non-member countries is provided for under Article 31 of the Annex to the Treaty establishing the Caribbean community.
PORT OF SPAIN, Trinidad, CMC – Prime Minister Kamla Persad Bissessar Wednesday dismissed suggestions that her coalition People’s Partnership government was introducing legislation to grant greater autonomy to Tobago ahead of the January 21 election for control of the Tobago House of Assembly (THA). But Opposition Leader Dr.
PORT OF SPAIN, Trinidad, CMC – A two-day conference of the Caribbean Outreach Working Meet on Drug Problems began here on Wednesday with a senior Organisation of American States (OAS) official warning that the crime situation, which is being fuelled by the drugs trade, has gotten worse.
Secretary for the Multidimensional Security of the OAS, Ambassador Adam Blackwell told delegates that there is no easy solution to the drugs trade and disagreed with suggestions that legalising the consumption and supply of drugs could eliminate the problem.
PORT OF SPAIN, Trinidad - TWO countries of the Caribbean Community—Barbados and Grenada—are expected to be involved in parliamentary elections next month.
Barbados is yet to announce its election date—Grenada's will be on February 19.
But speculations are in full swing about the likelihood of one-term governments in both Bridgetown and St George's under two first-time prime ministers.
PORT OF SPAIN, Trinidad - A high-powered Africa meets the Caribbean trade mission kicks off next Tuesday in Jamaica, before heading to T&T the following Thursday. Theme of the mission is Social Changes_ Catalyst for Regional Investment, Growth & Development and it is organised by UK-based Caribbean Enterprise Network UK (CENUK) in collaboration with its affiliate, Priority First UK Ltd.
PORT OF SPAIN, Trinidad, CMC – The Central Bank of Trinidad and Tobago said it remains “cautiously optimistic” that the country’s economic growth will surpass two per cent in 2013, pointing to a number of actions that have taken place “over the course of last year. Central Bank Governor Jwala Rambarran said the oil-rich twin island Republic’s economic performance comes against the backdrop of fragile global economic recovery.
PORT OF SPAIN, Trinidad, CMC – The Congress of the People (COP) party, the second biggest partner in the four-party coalition People’s Partnership government says it is backing Foreign Affairs Minister Winston Dookeran for the post of President of Trinidad and Tobago. Parliament will meet on February 15 to elect a successor to President George Maxwell Richards, who leaves after two five-year terms, and COP leader Prakash Ramadhar said while Dookeran, a former Central Bank governor, has not yet been approached, he would be the party’s nominee if he accepted their nomination.
PORT OF SPAIN, Trinidad - A poll ahead of next Monday’s Tobago House of Assembly (THA) election is predicting a landslide victory for the incumbent People’s National Movement (PNM). The poll, by Nigel Henry and Tarik Parris of the firm Solution by Simulation, was carried out by telephone from January 7-9. It showed the Orville London-led PNM team winning 11 of the 12 seats being contested. And Ashworth Jack, leader of the Tobago Organisation of the People (TOP), has an uphill struggle to retain his seat, figures suggested.