By Raffique Shah
January 07, 2012
WITHIN recent times, I’ve had an uneasy feeling that this country is drifting around aimlessly. I sense that in the economic turbulence that has gripped much of the world, we have let go of the rudder of the ship of state, and cast our fate to the wind and the rough seas without even trying to steer a course to safety.
Continue reading Fear for our future
By Stephen Kangal
February 10, 2009
It is patently clear to me that had not CL Financial magnate Lawrence Duprey made his pre-emptive approach to Government in mid-January to mobilize State injection of liquidity into his cash-strapped investment bank, CIB, CMMB and insurance giants CLICO and British American it would have been business as usual to date.
But within the passage of a short time these major financial institutions would have eventually collapsed with catastrophic consequences for the savings of policy holders and depositors as well as for the rest of the economy of Trinidad and Tobago and the Caribbean. The Central Bank has been failing us the people of T&T for a long while. That is why Mr. Duprey the avant garde, visionary indigenous industrialist has retained our admiration. But the Government wants to hoff his crown jewels.
Continue reading Central Bank Governor Williams Must Resign