This week, two quotes came to mind as I read the local newspapers. The first was from Benjamin Franklin, who was accused of treason (by leaking letters) in 1774. These letters criticised the colonial rebels even though it was clear that his own loyalties were to the American colonies. He …
Read More »Noble: Riding a tiger to catch a Dragon—has PM considered implications of inserting T&T into US-Venezuela conflict?
Our honourable Prime Minister, Mrs Kamla Persad-Bissessar, decided to mount a tiger to get access to the promised riches of the Dragon. We need the gas from the Dragon Field because our local output and reserves are declining, and we will be in a crisis by 2027. We also need …
Read More »Noble: S&P Ratings, and the NGC—why we can’t stay silent in face of “clumsy moves”
“True ignorance is not the absence of knowledge, but the refusal to acquire it.” Karl Popper, Austrian-British philosopher. The recent S&P Rating is not a new and startling event for Trinidad and Tobago. While many may have focused on the national outcome, we may have missed the reality that some …
Read More »Dear Editor: Can T&T hinge its gas future on USA’s political whims and fancies?
“[…] All other requirements being considered equal, the Dragon Gas Field is Trinidad and Tobago’s most feasible option. The obstruction is simply Donald Trump and the […] USA’s policy [which] can change at any time according to its whims and fancies. “So, what should an independent, sovereign country do under these …
Read More »Daly Bread: Gov’t at lowest ebb of accountability, but apprehension of Kamla in its favour
The official and unsurprising collapse of the proposed Dragon gas and related Venezuelan gas supply arrangements, three weeks before the next General Election, should in normal circumstances cost the incumbent Peoples’ National Movement (PNM) the election. However, we have an Opposition, the United National Congress (the UNC), led by Kamla …
Read More »Noble: Why the Dragon isn’t dead yet—plus T&T’s education crisis
I do not believe that the Dragon Field initiative is dead. The rumours of its end are greatly exaggerated. For context, I advance this quotation from the influential US Politico newsletter. It was written about the tariff situation of last week, but it can easily fit our situation. “He likes …
Read More »Daly Bread: Uncertainties of Dragon Gas and Diego Martin
Prime Minister Dr Keith Rowley has put his political leadership of the People’s National Movement (PNM) into play, but he did so by ambiguous remarks in the House of Representatives (the House). As a consequence, there have been all kinds of rumblings. Moreover, we are still awaiting “the further positions” …
Read More »Daly Bread: Gov’t and Opposition must level with electorate on impact of expenditure
The next general election at its latest is now one year away. It should be incumbent on the contesting parties to tell us how they will manage the economy so that the country will keep its head above water financially. Cutting government expenditure is one way, but that immediately raises …
Read More »Daly Bread: Understanding political risk of T&T’s reliance on Venezuela gas
Exposure to assessing business risk, including the political risk of doing business in unstable environments, underlines that political and geo-political risks are volatile factors. When Prime Minister Rowley (the PM) recently exhorted that we “hold the fort”, he reportedly linked “a better position with the energy industry in the second …
Read More »Noble: Our Energy future, risks and gratitude—thank you, Mark Loquan
In 1976, Elton John penned these words: “What’ve I gotta do to make you love me?/ What’ve I gotta do to make you care?/ It’s sad, so sad/ It’s a sad, sad situation/ And it’s getting’ more and more absurd/ It’s sad, so sad/ Why can’t we talk it over?/ …
Read More »Noble: Central Gov’t in its present format doesn’t work—oh, gorm, man! Lead, nah!
Disappointment and impatience cloak our land in the run-up to the Local Government elections. Oh, Gorm Man! When will we get serious about our life, children, and future? A Lloyd Best quote captures our dilemma, which is the appalling lack of imagination and gravitas to tackle our nation’s problems: “[…] …
Read More »Gilkes: Why T&T should be wary of USA’s “gift” of Venezuela’s Dragon Field
Is it too late to post this? Our 9-day memory cycle kicked in already? I was thinking we should forget cricket and football and make chess our favourite game, like it is in Russia. For one thing, it will teach us to think several moves ahead. And another thing, we …
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