News and Commentaries from Various News Sources in T&T
HSF chairman calls fund review Posted: Saturday, July 11, 2020
HSF chairman calls fund review 'an urgent imperative' In his statement for the fund's 2019 annual report, Williams, a former Central Bank governor, said since 2016, after public consultation, there was the view by many that considerations should be given to reviewing the objectives of the HSF and the way it contributes to fiscal and public debt sustainability and a resumption of economic growth – especially in light of structural changes in the global oil and gas markets.
Outlook on T&T's ratings revised from stable to negative The release said the factors supporting the reaffirmation of the ratings include that T&T continues to be one of the largest and most diversified economies in the Caribbean which provides a level of resilience in economic performance during difficult times.
Gonsalves: Respect CCJ ruling on Guyana Gonsalves quoted the CCJ, saying, "It has been four months since the elections were held and the country has been without a Parliament for well over a year. No one in Guyana would regard this to be a satisfactory state of affairs." He cited the CCJ expressing its fervent hope for a quick peaceable restoration of normalcy.
We ignore the streets at our own peril In Germany, the average spend on crime is 1.34 per cent of GDP, in the United Kingdom that spend is 2.55 per cent of GDP while the USA it is 2.75 per cent of GDP but for T&T is 3.52 per cent or well over US$1,000 per capita, the study showed. The challenge of urban neglect, refusing to put specific programmes in place to lift up and protect black urban youths, is hurting the country more than we instinctively know it.
'Stuart is fooling, brainwashing citizens' says stranded Trinis According to the letter, requests by the group have been made since March, following the closure of the country's borders. These requests, it said were ignored. In June, additional requests were accompanied by the flight proposals and the indication that nationals were willing to pay for state quarantine at the Cascadia Hotel. However, none were acknowledged.
PM: CPL could spark economic resurgence Asked how much revenue the CPL will generate for the country, Rowley said, "There are numbers that economists pulled up. But it is a positive number in terms of profit. The CPL principles speak in terms of making losses...but keeping the tournament alive, and thirdly it will bring opportunities for those who are directly involved. But more so it is a restart of an engine."
Govt, private sector still partnering on housing THE Prime Minister said Government is continuing its efforts to work with the private sector to build affordable housing in TT. At a certificate of comfort distribution ceremony in Enterprise, Chaguanas on Friday, Dr Rowley said Government went so far as to tell the private sector it would "guarantee the profit" if it partnered with the Housing Development Corporation (HDC) in housing construction.
Al-Rawi: Certificates of comfort worthless "So how do you fix that? You survey the land. We went back to the land in this area, approximately 100 years, we went to the land pics of TT, we looked at every piece of land right here. Was it under cultivation, under occupation?" He said a social survey was then completed for each member of the community.
Caribbean Repatriations Commission People who have accumulated enough wealth to live the high life would too readily accuse the less fortunate of not being willing to make the effort to succeed, but would not acknowledge that their own material success arises from the adoption of the behaviours of the oppressors. Many such persons would not dare to have their antecedents examined for fear of what might be revealed.
Greater accountability needed from political parties They accuse the smaller parties of "splitting votes" as if citizens' votes somehow "belong" to the "major parties" in their "safe seat strongholds". They also demand accountability from these smaller parties which the "major parties" themselves are not willing to subject themselves to before the electors regarding their financing and otherwise. They ask spurious questions about this or that party which has one candidate. But, no similar questions about other with the same number or even zero candidates.
Rowley launches election campaign It's the first rollout of People National Movement campaign activity ahead of an official party campaign launch. That's expected next week right after Friday's Nomination Day exercise.
PM: I will not cry if I am not re-elected "Today I am particularly happy. I have completed my journey. I am going to the polls on August 10 and if I am not elected I won't cry. Because I have completed the abandoned projects not only in Diego Martin but around the country."
Taylor trains guns on PM After a long absence from the political arena, former Peoples National Movement minister Peter Taylor turned up the United National Congress (UNC) walkabout in Moruga with his political guns trained at the Prime Minister Dr Keith Rowley.
PM slams Kamla over ‘backdoor voters' claim Noting constant attempts to put a negative light on the country, Rowley said Persad-Bissessar needs to do "much better than that. These things do not portray our country in a good light. And when these allegations are based on naked lies, it must be hurtful to people who run the show," he said in reference to the work of the EBC, which he said is an institution we can all be proud of as far as running elections were concerned.
UNC meets with EBC again In the meeting on Friday, the team discussed possible avenues to allow quarantined citizens to be treated as special voters. The meeting was attended by Saddam Hosein, candidate for Barataria; Khadijah Ameen, St Augustine candidate; former UNC senator Wade Mark, other party members and EBC officials.
Five-way race for Sando West He launched his political party in 2017 under the slogan Change, not Exchange and began underground campaigning. Even though several candidates will be fighting for this seat which is currently held by the PNM, he believes his only competition is the PNM and the UNC.
Too broke to party Hosein stated that supporters of the GPTT can write "GREEN" across the ballot. This will put the parties on notice, he said.
Injured homeless man found Scott's friend Johnny James said that he and Scott's sister Mary Ann Scott were searching for him after they found out he was burnt by a passer by in St Joseph. They said Scott received burns across the upper part of his body when someone threw hot oil on him and were concerned for his safety. Scott is mentally challenged and has lived on the streets for over 12 years.