There appears to be broad agreement that the economic challenges, in the wake of Covid-19, are enormous. Facing a precipitous export earnings decline of 41% (roughly $10B in the last year), we should all be thinking about how to navigate the future: how to make the most of what we …
Read More »Daly Bread: Nothing will just ‘turn up’; T&T Budget must shun ‘Micawber principle’
Confronted with social unrest shortly before the recent August General Election, Prime Minister Dr Keith Rowley was forced to acknowledge that there were socio economic problems that need to be relieved. I remind readers that the promise to be kept now is that the government’s community recovery committee, chaired by …
Read More »Budget 2021 preview: Devaluation on top of Covid-19 is recipe for disaster; but agriculture can be key
“[…] To make these already bad matters worse, there was Covid-19. The unplanned relief measures put in place for this epidemic have exacerbated an already difficult budgetary position. “[…] From all appearances, having already overstayed its welcome, Covid-19 has no plans to take its leave soon… The survival strategies are …
Read More »Gov’t stops SEA classes! Rowley on school restart, TTUTA, bars, grant for stranded Trinbagonians and ‘the pandemic election’
Students preparing for the Secondary Entrance Assessment (SEA) examinations have been ordered to stay at home until their exam date on 20 August, as a result of the spike of Covid-19 infections within the population. Prime Minister Dr Keith Rowley made the announcement at a press conference this afternoon, as …
Read More »Noble: Shooting ourselves in the foot—the dangers of ‘us versus them’
This week had two apparently disconnected stories whose link we may not have discerned, but which profoundly affects our future. The first was the Express’ report on the alleged TT$549M EMBD bid rigging case which noted: ‘…some of the same contractors donated financially toward the current government…’ The second is …
Read More »MFO study: Gov’t lauded for re-opening economy; but Covid initiatives not benefitting businesses
The Trinidad and Tobago government came in for high praise for its phased re-opening of the economy while a large percentage of businesses were aware of initiatives meant to cushion the blow of Covid-19, according to a study by Market Facts and Opinion (MFO) published on 17 July 2020. However, …
Read More »Noble: Falling into the rabbit hole; is T&T prepared for what comes next?
Lewis Carroll’s classic ‘Alice in Wonderland’ encapsulates our nation’s present predicament and many of our leaders. He could have been describing Trinidad: “There is a place, like no place on earth. A land full of wonder, mystery and danger! Some say to survive it, you need to be as mad …
Read More »Daly Bread: Dus’ in we face—electoral tabanca and delayed hardships
Our calypsonians and other creative persons are adept at crafting imaginative interpretations of actual events. My headline this week reflects David Rudder’s portrayal in song of the breakthrough win of Exodus steel orchestra in Panorama 1992 as ‘dus in dey face’—when dust was raised on the then unpaved track to …
Read More »Demming: The Faria Brouhaha; data, discussion and deception
There are always unintended consequences of our actions. The big picture lessons of the brouhaha around Gabriel Faria’s WhatsApp message are that the private views of public officials are seen as expressions of the organisation, and that business survival post-Covid-19 requires aggressive strategies by the government. Gabriel Faria spoke his …
Read More »NWU: Fight, fight, fight! Some businessmen are using Covid-19 as cover to strip workers of rights
“[…] The NWU has one example of an employer cutting the pay of staff by 50% and then on top of that reducing hours from 40 a week down to 20. Having effectively cut pay by 75%, this employer promptly made eight workers redundant and based their severance calculations on the …
Read More »Noble: Embracing the future; T&T economy is being sold short by ‘outdated’ ideas
“We are made wise not by the recollection of our past, but by our responsibility for our future.” — George Bernard Shaw. To accept the virus-induced lockdown was, for the most part, a no-brainer. To exit is not. Indeed, the public comments of the major business organisations show us more …
Read More »Demming: Dreaming of tomorrow, how recovery team can help T&T’s ease of business
There is always a gap between perception and reality. Communicators have to operate within that space trying to narrow the gap and strengthen their intended message. The government opted to use moral suasion to get citizens to stay at home, but a drive or walk through neighbourhoods, towns and cities …
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