Daily Brief - Monday 5th February, 2018

NEW

Another WASA worker killed in accident

A midday accident in Moruga yesterday claimed the life of a motorcyclist. Police identified the victim as Kurt Ramjohn, 35, of Indian Walk. Police said that Ramjohn was riding a motorcycle along the Moruga Road near Sixth Company when he crashed into an iron electricity pole. Ramjohn fell off the bike and sustained fatal injuries. Read more here

Bank worker charged with siphoning clients’ $$ out accounts

A 22-year-old bank employee has been charged with syphoning monies from customers’ accounts totalling just over $.3 million. Police said during the period September 2017 to January 2018, a total of $315,700 was discovered missing from the accounts of several Republic Bank customers without their consent and knowledge. Republic Bank made a report to the Fraud Squad and a criminal investigation was conducted. Read more here

Boy dies in jet-ski accident

A primary school pupil in Tobago has died in a jet-ski accident. Shem Murray, who attended the Scarborough Methodist Primary School, died following the jet-ski mishap the previous weekend. Read more here

 

POLITICS

President-elect: We are failing our young people

There is a particular crisis that is deeply worrying to president-elect Paula Mae Weekes. High on Weekes’s agenda are the problems facing the country’s younger population, especially young men. Read more here

 

BUSINESS

First Citizens Q1 profit up 9.8 per cent

First Citizens Group is reporting $203.4 million in profit after tax for the three-month period ended December 31, 2017. This represents a 9.8 per cent increase when compared to the corresponding period in 2016. The Group closed the quarter with $375.6 million in revenue as compared to $334.9 million which was recorded in December 2016. Read more here

Banks deliver positive results

This week, we at Bourse take a closer look at the financial results reported by several banks on the Trinidad & Tobago Composite Index (TTCI) for the first quarter ended 31st December, 2017. Read more here

 

REGIONAL

School Bell Rings! - Holness Announces By-Election Date; Principal, Rhodes Scholar Summoned To The Polls

Prime Minister Andrew Holness has announced March 5 as the date voters in North West St Andrew will go to the polls to elect their new member of parliament. Nomination day will be February 12, Holness also announced. The prime minister made the announcement during a jam-packed Jamaica Labour Party (JLP) Area Council One meeting at the the Pembroke Hall Community Centre in the heart of the constituency yesterday. Read more here

 

INTERNATIONAL

Salah Abdeslam: Paris suspect attacks 'anti-Muslim bias'

The sole surviving suspect from the 2015 Paris terror attacks is refusing to speak any further in a Belgian court, where he is on trial over the gunfight that led to his arrest. Salah Abdeslam has said he will not respond to questions from the judge. "My silence does not make me a criminal, it's my defence," he said. Abdeslam, 28, claimed that Muslims were "judged mercilessly", and said he was placing his trust in Allah and the Prophet Muhammad. Read more here

Trump steps up war against FBI, Democrats have their own memo plan

The long-hyped Republican memo on the Russia investigation resolved nothing — although it did offer an ominous glimpse of the fracture that awaits in the nation's politics when special counsel Robert Mueller wraps up his probe. The gulf between the parties is almost certain to widen this week, as President Donald Trump argues that the memo released by House Intelligence Committee Chairman Devin Nunes Friday proves the entire saga is a "witch hunt" and an "American disgrace." Read more here

5th February 2018

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