Tag Archives: foreign exchange

“No minister or prime minister can cause the DPP to prosecute or discontinue a prosecution… No minister or prime minister can instruct the Commissioner of Police to arrest anyone. These offices, which are part of the Executive arm, have their independence explicitly protected in the Constitution as is the Judiciary …

With the election of US President Donald J Trump, international policy and geopolitics are fast changing, becoming more and more unpredictable. Trinidad and Tobago is certainly not immune to the down-stream developments, especially since we depend on foreign investment and trade for the majority of our economic output. One such …

Recently, there has been much noise over Trinidad and Tobago’s capacity to produce the foods that we eat. I use the word “noise” instead of discussion or debate because so much of what is said and written is uninformed. With the economy in full-blown recession and foreign exchange inadequate to …

Nobody has probably delved deeper into our forbidden desires for salt and fats than the people who run Prestige Holdings. Certainly, nobody has been more greatly rewarded for understanding what tickles our hunger hormones and sends them hunting for salt soaked in oil, slathered over chicken, seasoned in dough and …

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 …

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 …

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 …

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 …

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 …