By Raffique Shah
August 19, 2015
Amidst the din of election campaigning—hundreds of ‘Kamla has a plan’ ads on all television stations during prime time, DJ music systems scouring the country daily, public meetings broadcast nightly on almost every radio and television station, more ads popping up every time you click on the Internet, assaults via phones and emails—I have yet to hear one frontline politician tell the people of this nation of the grim times the country faces if oil and gas prices keep tumbling, as they have done over the past two months.
Continue reading SS Trinidad Sinking
With two children, aged 11 and 13, currently before the courts on charges of manslaughter, several members of the public have taken to social media questioning at what age can a child be held criminally responsible for their actions, and if it was right that children be made to face such a serious charge.
What has been the impact on energy sector revenues of the fall in oil and gas prices? Data published by the Central Bank indicates that in the first eight months of the current fiscal year, energy sector revenues have declined by $3.3 billion or 27.5 per cent. Total Government revenues declined by only 1.7 per cent because the proceeds of the tax amnesty and NGC special dividend helped to offset the fall in oil revenues.