Daily Brief - Monday 15th January, 2018

NEWS

Traffic disruptions for Max’s funeral

There will be traffic disruptions in Port of Spain for the next three days to accomodate the state funeral for late President George Maxwell Richards, who suffered a heart attack last week Monday. At a media briefing at the National Academy for the Performing Arts (NAPA) yesterday, National Security Minister Edmund Dillon advised the public of the traffic disruptions and parking restrictions along several of the streets in the city. Read more here

Guard gunned down at fast food outlet

Robbers shot dead a security guard at a Church’s Chicken outlet at the newly opened O’Meara Plaza in Arima on Saturday night after they became enraged that they were unable to open the cash register. Grieving relatives and friends of the victim, Kurt Monticeux, 42, of Building 15, Maloney, described his killing as senseless and a “wicked act.” Read more here

Owner killed in bar hold-up

Ashram Persad was stooping behind the bar at his business place in Manzanilla on Saturday night when two armed men stormed in and announced a hold-up. On hearing the commotion, the 46-year-old bar owner quickly stood up to see what was going on and his sudden movement surprised one of the armed men, who opened fire in his direction, police said. Read more here

 

POLITICS

‘We will not give up’

With 28 murders in just the first 14 days of the year, National Security Minister Edmund Dillon yesterday said the various national security agencies are “not comfortable.” However, he assured that perpetrators will be brought to justice because there is an all out war against crime and criminal elements. Dillon was fielded questions from the media about the killing spree that has been taking place in the first month of the new year following a press briefing at the National Academy for the Performing Arts (NAPA) yesterday. Read more here

 

BUSINESS

Slow boat to cost US$17M

The cost of the cruiseferry Government is acquiring for the seabridge is priced at US$17.4 million and has a capacity to accommodate 700 passengers and 100 vehicles, Finance Minister Colm Imbert said yesterday. During the question and answer session in the House of Representatives, Imbert compared the cost of purchasing the T&T Express which was US$20 million in 2006, when it was ten years old, and a year later, buying the T&T Spirit for US$60 million, when it was three years old. This vessel being purchased, he reiterated, is “brand new.” Read more here

2018 international market outlook

This week we at Bourse take a closer look at the performance of international markets in 2017. During the year, several equity and fixed income markets across the globe hit record highs, on the heels of improving global growth and investor sentiment. Read more here

 

REGIONAL

Goodbye, Ian

The message that hit home for the hundreds who gathered to celebrate the life of Ian Anthony Boyne at the National Indoor Sports Centre in Kingston yesterday came from the veteran journalist himself - and in no uncertain terms. "We must cherish one another; we do not know when it might be the last opportunity we have together," declared Boyne. The 50-second audio clip, recorded by Boyne's former Jamaica Information Service (JIS) colleague Donna-Marie Rowe on Saturday, December 16, 2017, two days before Boyne's shock passing, was solely intended to be played for JIS staffers at the organisation's Christmas soiree that same night. Read more here

 

INTERNATIONAL

South Africa to formally protest Trump's 'shithole countries' remarks

South Africa will issue a diplomatic protest to the United States Monday over US President Donald Trump's "shithole countries" comments, according to its foreign ministry. During an Oval Office meeting on immigration Thursday, Trump expressed frustration with people coming to the United States from countries in Africa and elsewhere, sources told CNN. Trump on Friday denied describing certain nations in such vulgar terms, tweeting: "The language used by me at the DACA meeting was tough, but this was not the language used." He also defended himself Sunday night, telling reporters he is "not a racist." Read more here

Baghdad double suicide attack kills many

At least 35 people have been killed in a double suicide bombing in the Iraqi capital Baghdad, medical sources say, the second attack in three days. More than 90 were injured in the attack in Tayaran Square, in the city centre. Baghdad has repeatedly been the target of bombings and armed attacks since the Islamic State (IS) group overran large areas of the country in 2014. However, the pace of attacks has slowed since Iraq's government declared it had retaken all the territory last month. Read more here

15th January 2018

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