Tag Archives: T&T Govt

PM again boasts of Summit

By Sean Douglas
Thursday, April 30 2009

Fifth Summit of the AmericasPRIME Minister Patrick Manning said the Fifth Summit of the Americas is earning TT and Caricom more respect and foreign investment. Addressing the 20th anniversary celebration ceremony of the Caribbean Telecommunications Union (CTU) on Tuesday, at the Diplomatic Centre, he boasted: “There can be no doubt about the gains to our country and the region from this undertaking. Tourist arrivals will increase and it will certainly be much easier to market our region as a single tourism destination.”
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Caring too much about image

By Raffique Shah
Sunday, April 26th 2009

Fifth Summit of the AmericasPRIME Minister Patrick Manning seems surprised that so many people are angry over this country hosting the Fifth Summit of the Americas. I wrote a few weeks ago that having committed the country to the summit when he did, he no doubt thought that we could afford that $500 million or whatever the real cost was.

He must have felt, too, that just having all hemispheric Heads of Government here would boost his image as a the premier Caribbean leader. I do not dispute his reasoning that the country would benefit from world recognition, only because it was billed as the battleground between Presidents Obama and Chavez.
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Recession

Harsh reality
FinanceCentral Bank Governor Ewart Williams has officially confirmed what everyone, except the Cabinet, had long known: the economy is in decline.
The starkest figure cited by Mr Williams when he released the Bank’s Monetary Policy Report last Thursday was related to unemployment. The unemployment rate has already moved from just over four percent last year to between six and seven percent in the first quarter of 2009. This means that the Government can no longer boast about having achieved zero unemployment in Trinidad and Tobago. But, as long as two years ago, economists such as Jawala Rambarran and Ronald Ramkissoon were warning that the unemployment figures were essentially illusory.

Central Bank gives banks a lending hand
Faced with stagnation and an inflation shadow, the Central Bank yesterday sliced off fifty basis points of its repo rate to eight percent, a move designed to get banks to reduce their interest rates and spur borrowing.
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Lack of a CARICOM Strategy at the Fifth Summit

By Stephen Kangal
April 24, 2009

Fifth Summit of the AmericasThe hosting of the recently concluded Fifth Summit of the Americas was portrayed as a CARICOM initiative and, as usual, T&T bore the full costs involved.

I am very disturbed that T&T/CARICOM did not act collectively in an effective manner to maximize returns on T&T’s huge and staggering investment. The CARICOM meeting that was scheduled for Thursday 16 April was not held. No effort was made to concretize a CARICOM strategy at the Inter-Sessional Meeting of the Heads of Government held in Belize prior to the Summit.
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The Summit and the lie

By Fidel Castro Ruz
April 22, 2009 – granma.cu

Fidel CastroSome of the things that Daniel told me would be hard to believe if it was not him who told me them and it was not at a Summit of the Americas where they occurred.

The unusual thing is that there was no such consensus on the final document. The ALBA group did not sign it; that was confirmed in the last exchange with Obama in the presence of Manning and the other leaders in the morning of April 19.
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Post-mortem on Fifth Summit of the Americas

Dr. Kwame Nantambu
April 23, 2009

Fifth Summit of the AmericasThe Fifth Summit of the Americas 17-19 April 2009 in Trinidad and Tobago has come and gone; its final Declaration of Port-of-Spain was not ‘signed, sealed and delivered’ by all thirty-four participating heads of government but most importantly, hemispheric leaders totally misunderstood, misread and miscalculated the formulation of US foreign policy toward the region.
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The Secret Summit

Nicaraguan President Daniel Ortega arrives for the opening ceremony of the Fifth Summit of the Americas - April 17, 2009
Nicaraguan President Daniel Ortega arrives for the opening
ceremony of the Fifth Summit of the Americas – April 17, 2009

By Fidel Castro Ruz
April 19, 2009
cuba.cu

Neither represented nor excommunicated, only today could I learn what was discussed at the Summit of Port of Spain. They led us all to entertain hopes that the meeting would not be secret, but those running the show deprived us of such an interesting intellectual exercise. We shall get to know the substance but not the tone of voice, the look in the eyes or the facial look that can be a reflection of a person’s ideas, ethic and character.
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5th Summit of the Americas News: April 21, 2009

Spouses of the visiting Heads of Government Retreat to Point-a-Pierre

The Fifth Summit of the Americas in pictures

What a Summit!
PRIME Minister Patrick Manning has succeeded, perhaps beyond his wildest dreams, in his goals of giving regional leaders a safe and amiable forum to talk, and in showcasing Trinidad and Tobago on the world stage.
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5th Summit of the Americas News: April 20, 2009

Prime Minister of Trinidad and Tobago Patrick Manning and the President of the United States Barack Obama

PM signs alone, no unanimity on declaration

Heads divided on Declaration of PoS

Summit plagued by disorganisation
US PRESIDENT Barack Obama opted out of posing for an official photograph for the Fifth Summit of the Americas when it was taken yesterday as several heads of State skipped the symbolic act amidst chaos at the Prime Minister’s Diplomatic Centre in La Fantasie, St Ann’s.
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Brother Barack, Comrade Chavez

By Raffique Shah
Sunday, April 19th 2009

Barack Obama and Hugo ChavezBY the time this column appears in print the Summit will be almost over. The 34 heads of governments will have had their say, hopefully in a civil manner. Hugo Chavez has indicated he would insist on the US trade blockade of Cuba be addressed in the document. Canada, too, is not happy with it, albeit for other reasons. What I found distasteful about the media pre-Summit hype was the focus on Chavez and US President Barack Obama at the expense of other leaders.
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