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 …
Read More »Noble: Playing chess with The Dragon; Dr Rowley’s gas gamble
“For any developing economy dependent on a single export commodity, powerful economic and political forces, both domestic and external, qualify the choices open to governments and structure their incentives. “[…] It is tempting to put the blame on poor leadership and examples of questionable public policy. In the end, governments …
Read More »Daly Bread: Bienvenidos reality and wriggle room; impact of Venezuela concessions
There is considerable confusion about the status of fleeing Venezuelans crowding into Trinidad and Tobago with more confusion to come. Some have gained entry through legal points of entry, but many have breached the conditions of their permitted admission, such as by working without the appropriate permit or overstaying the …
Read More »Daly Bread: Peewats and pharaohs; concerns over Paria secrecy and Venezuela geo-politics
Last week predictably began with more turbulence over the aftermath of the Petrotrin shut down and over one of the successor companies, Paria Fuel Trading Company Limited. Our governments have had marked communications deficits because there is too much attempted secrecy over the process attendant upon deals constantly being made …
Read More »Rowley: Let Caribbean be a zone of peace; Prime Minister defends stance on Venezuela
“Now more than ever we need to revisit the significant events and connect the dots between our principles informing our decisions and show how those decisions have shaped who we are—to determine how we are viewed—and why we must do what we do now. “[…] We hold to those principles …
Read More »US Embassy ‘deeply concerned’ by T&T’s stance on Venezuela; Caricom re-affirms non-intervention
“Democracy and prosperity require tough choices…” The following release on Trinidad and Tobago’s recognition of Venezuela president Nicolás Maduro’s government was issued by US Ambassador Joseph Mondello: Venezuelan Interim President Juan Guaidó and the democratically elected National Assembly have the full recognition and resolute support of the United States of …
Read More »Dear Editor: The trouble with the neighbours; why we should be concerned about Venezuela
“This sudden outpouring of concern in our neighbours’ well-being is nothing to do with a desire to defend democracy, socialism or any other political theory. It is about the age old practice of colonialism, in whatever acceptable form it takes in the 21st century. “But because of that controlling desire …
Read More »‘[Trump] can say whatever he wants!’ Live Wire buckles up as Young backs Maduro in Venezuela crisis
“[US president Donald Trump] can say whatever he wants,” said National Security Minister Stuart Young yesterday. “At the end of the day, as far as I am aware, Venezuela is a sovereign country. “[…] I certainly would not wish for any country to have a coup. We stand ready to assist …
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