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Revenue shortfall could reach $5b
Posted: Tuesday, March 17, 2020

Riot at Golden Grove prison
The riot is being streamed live from inside the prison, and prisoners could be heard saying, "We not dying from no corona."

COVID-19 forces T&T to ban foreigners' entry
"We're basically disconnecting ourselves from the international community for the next 14 days," Prime Minister Dr Keith Rowley said during a press conference at the Diplomatic Centre, St Ann's, on Monday, after a special Cabinet meeting concerning more plans to deal with the virus.

Imbert: Revenue shortfall could reach $5b
...because of investor uncertainty over covid19, international stock markets tumbled, and then, compounding that, an oil price war between Russia and Saudi Arabia in a bid to drive American shale producers out of the market, saw oil prices nosediving from US$63 per barrel in January to US$29 per barrel on Monday. Natural gas prices, which averaged about US$2 per mmbtu in January are now US$1.81 per mmbtu on Tuesday.

Gov't to amend HSF legislation for emergency drawdown
Often called the country's rainy day savings, the HSF is TT's sovereign wealth fund, started in 2007, as a means of saving some of the country's profits from hydrocarbon revenue. The fund's current value is just over US$6 billion, although its investments were hit hard as its portfolio reeled from tumbling US and global equity markets.

Rowley to ask banks for loan deferrals in wake of covid19

Couva Point Lisas Chamber wants tax deferrals to cope with loss of business

Is Kamla serious?
"Is it the same Opposition Leader? On Friday I tried to speak to you, the population, about this same issue and the Opposition Leader led her crew to vote against the Prime Minister talking to the country in this emergency. Is that the same one who is writing me now?"

POS Mayor announces COVID-19 measures

Family of Trini trapped on cruise ship: We want her home
"We are prepared in Trinidad to take control of the situation once these nationals arrive here in Trinidad. Those preparations are already in place."

Fifth covid19 case confirmed
The case, like the previous four, was described as being "imported." The patient is a 26-year-old man. He is the youngest patient of those whose ages have been revealed. The release did not give further details.

Parties question call for election observers
THE COP and Progressive Party have questioned a call by UNC political leader Kamla Persad-Bissessar for foreign observers for this year's general election. COP political leader Carolyn Seepersad-Bachan said she did not see what was the big issue behind Persad-Bissessar's call. She said foreign observers have been in TT for elections in the past.

COVID-19: Movietowne closes all branches
It comes one day after Prime Minister Dr Keith Rowley announced that all bars will be closed. He also indicated that there would be no in-house dining at restaurants.

Travel Agents inundated with cancellations; restaurants in crisis

Water crisis in midst of covid19 scare.. No water at children's home
From Point Fortin to Couva, Gasparillo and Pleasantville, MP's and councilors have been bombarded with calls from constituents asking for water on the line or via truck borne supplies.

33 Venezuelans detained in Cedros
During the exercise, the officers intercepted three vehicles proceeding out of Chatham Beach Road and along the Southern Main Road conveying the persons who are suspected to have entered the country illegally. A total of 33 Venezuelan nationals were detained: 15 adult males, 14 adult females and four minors.

Bandit killed in foiled robbery
A bandit has been shot dead by police and two others are in custody following an attempted robbery at Goodword Park, Westmoorings.

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