Daily Brief - Wednesday 10th July, 2019

NEWS

DON’T TOUCH HIM

DON’T DARE think of firing Jason Holder as captain of the West Indies cricket team! That stern warning has come from the man who appointed him four years ago, Clive Lloyd, the former successful West Indies captain and chairman of selectors who believes the problem in the regional team doesn’t begin and end with Holder. Read more here…

Bandit shot dead during attempted robbery

A day­light rob­bery was foiled when two ban­dits be­lieved to be in their ear­ly 20s from Long­denville and Rio Claro re­spec­tive­ly were shot by se­cu­ri­ty guards as they at­tempt­ed to rob Savi’s Clas­sic Jew­el­ry lo­cat­ed on the cor­ner of Noel Street and South­ern Main Road, Cou­va on Tues­day.

One of the ban­dits from Long­denville was fa­tal­ly shot in his up­per body and died at the store while the oth­er was rushed to the Cou­va Dis­trict Health Fa­cil­i­ty for treat­ment for bul­let wound to his low­er legs. Read more here…

 

BUSINESS

Tobago entrepreneurs step up at TIC 2019

TIC is one of the largest business to business events in the Caribbean, with 300 businesses from 29 countries represented this year.

Some 18 businesses from Tobago were on display this year, which, according to Trisha Beckles, the Tobago House of Assembly’s (THA) manager of strategic business development, is the largest contingent in the 13 years the THA has been participating in the event. Read more here…

Chaguanas mulls over smart city makeover

THE BOROUGH of Chaguanas has been earmarked to be not just a ‘smart city’ but a new one at that. During the recently held monthly Inter Agency Team meeting at the Five Stars Private Members Club at Price Plaza in Chaguanas several stakeholders shared some of the concepts that will deliver the transformation of Chaguanas. Read more here…

 

Publish CLICO’s 2018 accounts now

AN ATTORNEY representing a shareholder of CL Financial has written to the Governor of the Central Bank, Dr Alvin Hilaire, noting “with acute concern,” the failure of the financial regulator to publish the 2018 audited financials of CLICO, an insurance subsidiary of CL Financial by June 30, 2019. Read more here…

 

POLITICS

I am not a reject' says PNM Mayor

Point Fortin Mayor Abdon Mason says he was not rejected by the People’s National Movement (PNM) screening committee as a candidate in the upcoming local government election.

Mason was interviewed, along with three other people, for the Techier/Guapo electoral district on Sunday. Read more here…

Khan accuses Kamla of fear mongering

ENERGY Minister Franklin Khan said issues raised in a letter by Trinidad Petroleum Holdings chairman Wilfred Espinet regarding Paria Fuel Trading have been sorted out and criticised Opposition Leader Kamla Persad-Bissessar for "fearmongering." Read more here…

Imbert approves VAT deal for Paria

Mo­torists will not ben­e­fit from a de­ci­sion by the Min­istry of Fi­nance to ex­empt Paria Fu­els Trad­ing com­pa­ny from pay­ing more than $382 mil­lion in Val­ue Added Tax.

Fi­nance Min­is­ter Colm Im­bert con­firmed that he had giv­en ap­proval for the new­ly mint­ed State en­ter­prise not to pay VAT to Gov­ern­ment on fu­el it had im­port­ed and in a what­sap mes­sage told Guardian Me­dia that there is no re­la­tion­ship be­tween VAT on im­port­ed fu­el and on VAT be­ing paid at the pump. Read more here…

 

REGIONAL

Will Guyana benefit from transparency?

OUR close neighbour, Guyana, headquarters of the Caribbean Community and Common Market (Caricom) group, has been invited to be a member of the global network on contract transparency. Read more here…

Editors' Forum | No Money Worries - Phillips Says Vote-Buying A No-No; Banks On Credentials For His, PNP’s Success

The man facing a challenge to his leadership of the People’s National Party (PNP), Dr Peter Phillips, is declaring that he has enough in his arsenal to not only stave off the internal party challenge from Peter Bunting but to propel him to Jamaica House as well.

As he addressed a Gleaner Editors’ Forum yesterday at the newspaper’s central Kingston head offices, Phillips said he was satisfied that his strength of character, proven leadership skills, and fiscal acumen will help him turn back the challenge from presidential aspirant Peter Bunting. Read more here…

 

INTERNATIONAL

Brazil's Vale ordered to pay compensation for dam disaster

A judge in Brazil has ordered mining giant Vale to pay compensation for all damages caused by the collapse of the Brumadinho dam in January.

The collapse was Brazil's worst industrial accident. The judge did not set a figure for the compensation but said that the company was responsible for fixing all the damages including the economic effects.

At least 248 people were killed as a sea of mud engulfed a staff canteen, offices and nearby farms. Twenty-two people are still missing following the collapse of the Feijão dam on 25 January. Read more here…

 

Kim Darroch, UK ambassador to US, resigns after Trump cables leak

Britain's ambassador to the United States, Kim Darroch, has resigned after a series of leaked diplomatic cables revealed he had told 10 Downing Street that the Trump administration was"inept" and "clumsy."

The resignation, announced by the UK Foreign Office on Wednesday, came after US President Donald Trump said Monday that the White House would no longer deal with Darroch. Read more here…

 

10th July 2019

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