Tag Archives: Politics

Food and water before oil and gas

By Raffique Shah
Sunday, May 3rd 2009

The MarketTRINIDADIANS would swear that the world is gripped by “blight”, a toxic mix of negative forces or “spirit lashes” that have us reeling every-which-way. Those who believe in the biblical end-times would counter that God is angry with man, hence the confluence of wars, pestilence, human misery and harsh economic times. Whatever the reasons for the seemingly intractable problems that have engulfed the world, I choose to adopt calypsonian Blakie’s refrain, “Ah never see t’ing so yet!”
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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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Life After the Summit

Fifth Summit of the AmericasTHE EDITOR: Well, the summit has come and gone. The naked emperor has worshipped at the altar of his own egoism. But at what cost? The next circus is going to be the reckoning of what costs are to be attributed to the summit and what costs are not. It’s all downhill from here. The naked emperor has shot his bolt. There are no more cards up his sleeve. Our monocrop, jazzed up plantation economy is well and truly busted. Health, education, local government services, social welfare and mek wuk employment are being severely cut back. Jobs are disappearing by the thousands and will continue to do so over the near term. Trillion dollar bonds are being floated to make up the budget deficit.
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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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Press Briefing with Evo Morales at the 5th Summit of the Americas

Bolivian President Evo Morales at the 5th Summit of the Americas in Port of Spain, Trinidad and Tobago
Bolivian President Evo Morales during a press briefing at the
5th Summit of the Americas in Port of Spain, Trinidad and Tobago

This interview has been transcribed from a translation during a press briefing featuring Bolivian President Evo Morales at the Fifth Summit of the Americas – April 18, 2009

PRESIDENT MORALES: Thank you my friends from the press. For those of you that don’t know me, I am Evo Morales Ayma, President of the nation of Bolivia. I would like to take this opportunity, first to thank you for your presence, and also to engage in a political and ideological debate that is taking place at the Summit of the Americas.
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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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Venezuela and ALBA Promote “New Climate” in Summit of the Americas

By Tamara Pearson
April 21st 2009
Venezuelanalysis.com

Venezuelan President Hugo ChávezVenezuela and the countries of the Bolivarian Alternative to the Americas (ALBA) decided not to sign the final document of the Summit of the Americas held on April 17-19 in Trinidad and Tobago, saying it excluded Cuba and offered no viable solution to the current economic crisis.
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