Daily Brief - Friday 7th November, 2025

NEWS

T&TEC claims 'misrepresentation' by ex-legal counsel in power lines case

A doctor’s legal battle against the Trinidad and Tobago Electricity Commission (T&TEC) has taken a dramatic twist after the utility’s legal department moved to correct the court record about what it says were misrepresentations made by its former external counsel. T&TEC legal officer Candace Price filed an affidavit in the High Court acknowledging that previous statements to the court about the non-existence of key policy documents were inaccurate. “It has since come to the commission’s attention that counsel for the defendant may have represented to the court that T&TEC did not, in fact, have any documents containing the requested information,” Price said in the affidavit filed on October 30. “That statement was inconsistent with the commission’s records and was never an instruction given to counsel.” Read more here

 

POLITICS

Young: Studley Park materials needed locally

Port-of-Spain North/St Ann's West MP Stuart Young has labelled the recent award of an export licence to Studley Park Enterprises Ltd by Prime Minister Kamla Persad-Bissessar as “political gimmickry”. At a media conference at the Opposition Leader’s Office in Port of Spain on November 6, Young denied the previous administration was spiteful in its decision not to grant the THA the licence. Young said aggregate from Studley Park was used in a number of local projects, including the Diego Martin Interchange. He said the local demand for the high-grade materials at Studley Park was higher than the quarry could provide. Read more here

 

BUSINESS

McDonald’s Trinidad, Heroes Foundation celebrate 'Great Day'

On November 7, McDonald’s restaurants across Trinidad will open their doors to celebrate "Great Day" – the brand’s signature annual fundraiser aimed at fostering community unity and youth empowerment. In a release, McDonald's said for this ninth edition of "great day," it will continue its partnership with the Heroes Foundation, a local non-profit organisation dedicated to inspiring and mentoring young people. "On this day, 100 per cent of all proceeds from Big Mac purchases will go directly towards supporting the continued growth of the Heroes Foundation’s mentorship and personal development programmes," the release said. Read more here

 

REGIONAL

‘Shun extremism, foster more collaboration’

IN a passionate appeal for accelerated efforts towards energy transition, advancing climate adaptation financing and decisive action on forest conservation, President Dr. Irfaan Ali on Thursday urged world leaders to shun extremism and foster greater collaboration to combat the gruelling implications of the climate crisis.  Addressing the 30th United Nations Climate Change Conference (COP30) in Belém, Brazil on Thursday, the Guyanese Head of State pointed out that the developing world remains at the forefront of the fight against the climate crisis. “Climate change is still happening, bringing pain and loss. Just last week, Hurricane Melissa devasted Jamaica, Cuba, Haiti and the Bahamas. They need our solidarity now,” he said. Read more here

 

INTERNATIONAL

Elon Musk's $1tn pay deal approved by Tesla shareholders

Tesla boss Elon Musk has had a record-breaking pay package that could be worth nearly $1tn (£760bn) approved by shareholders. The unprecedented deal was approved by 75% of votes and drew huge applause from the audience at the firm's annual general meeting on Thursday. Musk, who is already the world's richest man, must drastically raise the electric car firm's market value over 10 years. If he does this and meets various targets, he will be rewarded with hundreds of millions of new shares. The scale of the potential payout has drawn criticism, but the Tesla board argued that Musk might leave the company if it was not approved - and that it could not afford to lose him. Read more here

 

7th November 2025

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