Category Archives: General T&T

Business, Finance, General T&T, People's Partnership, Politics, Protest

Clico Policyholders: Pay Us 40% Upfront

6 Comments

By Lara Pickford-Gordon
October 25 2010 – newsday.co.tt

CLICO BailoutClico policyholders want 40 percent of their investment in the Colonial Life Insurance Company Ltd “up front” and the balance paid off in government bonds. Persons who wish to liquidate their bonds should be free to do so and there will be no “middle man.”

This proposal has been put to the Government and was yesterday endorsed by scores of policyholders attending a meeting at Woodford Square, Port-of-Spain to get an update on negotiations between their representatives and the government inter-ministerial team headed by Agriculture Minister Vasant Bharath.
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Caribbean, General T&T, International, Tourism

Excitement over New Low Cost Carrier

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By Derren Joseph
October 24, 2010

JetI think it was back in 2007 when I was working at Caribbean Airlines that I first heard about plans for a new Jamaica based Low Cost Carrier (LCC). The rumor was that it was born from the experience of Digicel Executives who were island hopping during the 2007 Cricket World Cup. They saw inefficiencies with the existing players and decided to turn this into a business opportunity. A December 7th 2007 article in the Jamaica Gleaner however, dismissed talk that Digicel was an investor but rather a sales partner.
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General T&T, International, People's Partnership, Politics

Corridors of power living hell

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By Raffique Shah
October 23, 2010

Raffique ShahI HAVE never been close to the corridors of power, except on occasions when those on high invited me to some meeting or social function. Regarding the latter, I should add that I have grown so asocial over the years, some people think I’ve become anti-social. I enjoy good company and great conversation. Having attended some of these social activities, I have found the same people there; they invariably get drunk the way “ignorant” Trinis do at rum shops, and they behave little different to boisterous bar flies.
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Crime in T&T, General T&T, Law, Media, Politics, Sex, Sex Crimes, Violence

Hold parents responsible

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By Sean Douglas
October 22, 2010 – newsday.co.tt

ViolenceTHE Rape Crisis Society yesterday called on Government to pass laws to hold parents responsible for sexual offences done by their children. “Some of the perpetrators of these heinous sexual assaults are teenagers and thus are not liable for prosecution.”

The Society wrote to media houses to support the Evidence (Amendment) Bill 2010, under debate in the Senate, which makes it easier for victims of sexual abuse to testify in law-courts.
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Culture, General T&T, India, People's Partnership, Politics, Race and Identity

Connecting our Foreign Policy with the Diaspora

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By Stephen Kangal
October 21, 2010

Prime Minister Kamla Persad-BissessarPrime Minister Kamla Persad Bissessar and her itinerant Foreign Minister Suruj Rambachan have both been extolling the important benefits of establishing closer functional links with our diaspora based in metropolitan Caribbean enclaves in North America and Europe as the rationale for radically reforming the priorities of our foreign policy. In fact both now have a shared political/administrative responsibility for the conceptualization and conduct of our foreign policy.
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COP, Culture, General T&T, People's Partnership, Politics, UNC

Partnership leaders must smoke ‘peace pipe’ now

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By Raffique Shah
October 16, 2010

Raffique ShahA brief story in the Express last week caught my attention. The report spoke of serious differences between two organisations purporting to represent nationals of this country who have indigenous blood flowing in their arteries.

The first contentious issue is a claim that one group represents only Amerindian descendants who are Catholics. The other was the timing of the “smoke ceremony to the spirits”. One group swears it should be before dawn. The other went ahead “smoking” at 7 a.m.
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COP, General T&T, People's Partnership, PNM, Politics, UNC

Leveraging Incompetence

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By Dr. Selwyn R. Cudjoe
October 14, 2010

Dr. Selwyn R. CudjoeI am sure that People’s Partnership took a long time to select the three hundred persons they elected to the various state enterprises, statutory bodies, regional health authorities and key ambassadorial positions. In making her selection, Prime Minister Kamla Persad-Bissessar enunciated two broad principles: a determination to make the correct choices and no one could sit on more than one board.
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Business, Complaints, corruption, General T&T, Law, People's Partnership, Politics

PM orders review of $47M airports contract

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By Corey Connelly
October 10 2010 – newsday.co.tt

Jack WarnerPrime Minister Kamla Persad-Bissessar last evening signalled her Government’s intention to review the $47 million public contract awarded to a Central company for lighting projects at the Piarco International Airport.
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Crime in T&T, General T&T, India, International, Law, Media, People's Partnership, Politics, UNC, USA

Ish and Steve to be extradited to the US

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By Nalinee Seelal and Corey Connelly
October 10 2010 – newsday.co.tt

Ishwar Galbaransingh and Steve FergusonAfter weeks of speculation, Attorney General Anand Ramlogan yesterday signed an extradition order granting the United States Government the permission to extradite businessmen Steve Ferguson and Ishwar Galbaransingh to the United States to answer fraud charges.
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Business, Complaints, Finance, General T&T, Law, Politics

Truly a national insurance ‘scheme’

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By Raffique Shah
October 10, 2010

CLICO BailoutNOT surprisingly, many Clico and CIB depositors were not excited over my column of last week. I thought I was being generous to those whose savings now seem to be “jumping up in steelband”. I referred to them as thrifty people. And I, too, would be ticked off if my savings, as small as they are, were threatened through the manipulations of corporate bandits.
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