Daily Brief - Monday 6th August, 2018

NEWS

Digicel TT gets new CEO

Russian Jabbor Kayumov has been appointed the new chief executive officer (CEO) of Digicel TT. He was introduced to the local media at a luncheon at Jaffa’s Private Dining Room in Queen’s Park Oval on Friday. It is the first time in the Caribbean for Kayumov, and as well his first post with the Digicel Group. Read more here

I’m now begging for handouts to survive

Former Under-19 cricketer Michael Powell who lost half of his right foot to cancer is pleading with the public to donate A positive blood to help him walk again. Powell, 28, needs six pints of the rare blood type to undergo an emergency surgery at the Eric Williams Medical Sciences Complex as the Blood Bank is currently out of stock. Read more here

Prison officers mourn colleague

A Prison Officer, who joined the service over two years ago, was killed yesterday morning when the car he was driving slammed into an electricity pole along the Sir Solomon Hochoy Highway, Freeport. Read more here

 

POLITICS

Major Cabinet shake-up as Young replaces Dillon

In a major Cabinet reshuffle, the Prime Minister last night advised President Paula-Mae Weekes to revoke Edmund Dillon’s appointment as National Security Minister. Communications Minister Stuart Young will replace him. Young confirmed his appointment, thanked Dr Rowley and pledged to do his best in his new assignment. Read more here

UNC wants probe into NLCB

UNC MP for Pointe-a-Pierre Dr David Lee is calling on Finance Minister Colm Imbert to investigate what he claims to be “rampant corruption” at the National Lotteries Control Board (NLCB). He said the country witnessed another “fiasco” with the NLCB and its directors when they initiated the 10 per cent tax on July 30 without having the proper approval from the proclamation. Read more here

 

BUSNESS

BPTT helps Mayaro students set to take a ‘LEAP’ ahead

Some 25 students from across the south-eastern community of Mayaro are set to benefit from a revolutionary new developmental programme sponsored by energy company BP Trinidad and Tobago. Entitiled “Life-Skills, Entrepreneurship and Problem-Solving (LEAP)”, the two-week programme was launched at the Mayaro Resource Centre on Thursday. Developed by Mayaro-based Business Clinic, it focuses on students between the ages of 12 and 16 and has engaged local non-governmental organisations such as Global Villages, as well as consulted with various community leaders, educators, parents and other stakeholders to ensure success and tangible benefits to the students. Read more here

TSTT rolls out blockchain technology

With the integration of a cloud storage support service platform designed to enable blockchain technology for digital information and data sharing, TSTT has added to the innovations available to its customers. A blockchain is a decentralised, distributed and public digital ledger used to record transactions across many computers. Its integrity comes from the fact that a record cannot be altered retroactively without the alteration of all subsequent blocks and the consensus of the network. Read more here

NGL earnings improve

This week, we at Bourse review the performance of Trinidad and Tobago NGL Ltd (NGL) for its half-year ended June 2018. Improved product prices and exports continued to drive NGL’s profit higher, to the benefit of shareholders. Read more here

 

REGIONAL

Up In Flames - Independence Shelved For 17 Denham Town Residents After Fire Destroys Their Homes

There will be no Independence celebrations for residents of 68 and 70 Bond Street in Denham Town, west Kingston, today. They will instead spend the day trying to make preparations to move on with their lives after fire ravaged their houses yesterday morning. "We will not be independent. Instead, we will be dependent as we will have to depend on persons to put us up. We will have to depend on people to give us a bed and depend on people to help wi get back a start in life," quipped one young man as he picked through the rubble of what was once his house. All he found was a photo album with the edges singed but most of the pictures intact. Read more here

 

INTERNATIONAL

Venezuela makes six arrests in alleged Maduro assassination attempt

Six people have been arrested after Saturday's apparent assassination attempt on President Nicolas Maduro in the Venezuelan capital of Caracas, the nation's interior minister said on national TV. Maduro survived the assault after several drones armed with explosives flew toward him during a speech at a military parade, an attack he blamed on far-right elements and Colombia's outgoing president, Juan Manuel Santos. Those arrested are accused of "terrorism and assassination," Interior Minister Néstor Reverol said Sunday. Read more here

Lombok quake: Thousands evacuated after dozens die on Indonesia Island

Some 10,000 people have been evacuated on the Indonesian island of Lombok after a powerful 6.9 magnitude quake on Sunday left nearly 100 people dead. Witnesses spoke of chaos and terror, with thousands of buildings damaged, and power and communication lines cut. Boats have been sent to evacuate more than 1,000 tourists from the nearby Gili islands. Aid agencies said the priority was to provide shelter for residents too scared to return to their homes. The agencies said the impact was far bigger than another quake that hit Lombok last week, killing 16 people. Read more here

6th August 2018

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