Two Fridays ago, I visited my neighbourhood’s favourite food store. I had gone to pick up one item. I saw an older man being helped by a woman as I entered the aisle. Nothing appeared unusual, just a younger person helping an older one with his purchase. However, everything turned …
Read More »Noble: Forget KFC condiments and Cabinet reshuffle, new IMF Report affects our future way of life
This week, the most important business news story was not the $2 that KFC wants to levy for their condiments, nor the shenanigans surrounding the Cabinet reshuffle. The week’s critical story was the release of the IMF 2021 Article IV Consultation Report. To reduce the Report to a sound bite, ‘our …
Read More »Devaluation in time of Covid; should TT stoke its own economic Soufrière-like eruption?
Here we go again! In the Business Guardian of Thursday 8 April 2021, Joel Julien reports on the virtual Demas/Rampersad Seminar Series under the aegis of The UWI St Augustine Department of Economics. ‘Foreign Exchange Challenges in Trinidad and Tobago: What are the real implications?’ the title asks. Let us …
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 »Why Imbert must stand firm for the sake of our future economic development
“Thanks to State intervention in almost every sector of the economy over the years, we have developed and enjoyed a comfortable standard of living subsidised by the State… That has provided real opportunities for many as well as lifted large segments of the population out of poverty. “However, it has …
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