Central Bank governor Jwala Rambarran was the unlikeliest man to kick the hornets’ nest. But that he did when he named the firms that used the most foreign exchange—or forex—over the past three years. Amidst a cacophony of complaints from businesses and individuals about being denied adequate sums of forex …
Read More »Injustice to a soldier: Shah’s tribute to Brigadier that PP Gov’t overlooked
Last Wednesday, amidst much ceremony but little pomp, Major-General Kenrick Maharaj took his last parade as Chief of Defence Staff (CDS) and proceeded into retirement, one month short of his 56th birthday. Brigadier Rodney Smart was named as the new CDS. Presumably, some other adjustments were made, or will soon be …
Read More »Rambarran v PNM Gov’t exposes lie of Central Bank’s ‘independence’
Just when we most need our leaders to stand together and assume their joint responsibility for guiding T&T through the rough waters of an economic downturn, we get instead a fireworks display of cheap shots. Hostile relations between a Dr Keith Rowley-led Government and the Governor of the Central Bank …
Read More »Jwala must go: Fixin’ T&T rejects calls for private resolution with Central Bank governor
Civic watch group, Fixin’ T&T has reiterated its stance that Central Bank governor Jwala Rambarran must leave his post immediately and rejected any suggested that his impasse with Minister of Finance Colm Imbert could be resolved behind closed doors. Fixin’ T&T insisted that Rambarran no longer has the confidence of …
Read More »Remembering Raf: Funeral and remembrance activities planned
Rafael “Raf” Robertson, a Trinidadian pianist, composer, arranger, teacher and producer, with over 40 years of international experience, passed away on Friday 4 December 2015. His funeral will take place on Friday 11 December 2015 at the Holy Trinity Cathedral, 30A Abercromby Street, Port of Spain from 1.30 pm. The proceeding is …
Read More »Fixin T&T: Fire Central Bank governor Jwala Rambarran immediately
Civic watchdog group, Fixin’ T&T, has called for the immediate dismissal of Central Bank governor Jwala Rambarran, as a result of his supposed “demonstrated and ongoing incompetence” and “recent breach of confidentiality” with regards to his disclosure of Trinidad and Tobago’s large users of foreign exchange. The following is the …
Read More »Recession was predictable: Save the country and jail the culprits
This recession did not creep up on us like the proverbial thief in the night. It was long in the making. In fact, from as far back as the global financial crisis of 2008-2009, when Clico collapsed and the price of oil plunged from a brief high of US$140 a …
Read More »The rigging question: Daly muses over the UNC internal elections
By this morning the 2015 UNC leadership contest should be history. As it was proceeding, the usual bland salutation “may the best person win” did not seem appropriate. “May the best rigger win” came jokingly to mind. High profile figures in this internal election and others associated with their party …
Read More »Laughter over the tears: Remembering Raf’s struggle for pan and culture
We laughed a lot that last night. Mostly about the absurdity that Trinidad can be. On that cool night, with the air floating in and out of the open door of the Lloyd Best Institute, Raf Robertson was choosing to laugh instead of cry, to grin instead of grumble, his …
Read More »Sending the wrong signals: Why Raffique is wary of ‘Santa Colm’
If “Santa Colm” assures the populace that their Christmas will be bright, not blue, then we have no reason to doubt the man. After all, Acting Prime Minister Colm Imbert is the substantive Minister of Finance, in which capacity he has access to data and information pertaining to the state …
Read More »Daly: T&T’s denial of reality offset by an evening in Newtown
Essentially, we have been faking it for a long time, that is, gasping with pleasure at Trini life when in reality life is stressful and brutish. A senior citizen having fallen ill in the street across the street from a public hospital and having to wait 45 minutes for assistance …
Read More »Change and foreign exchange: Rowley’s Gov’t must lead economic adjustment
The great howl that goes up with every significant decline in foreign exchange income betrays the country’s dogged refusal to even entertain the option of adjustment until forced by the IMF. Led by some of the most powerful forces of the business community the instinct is invariably to press the …
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