Daily Brief - Wednesday 31st, July, 2019

News

Fisherman Sooknanan’s body found

Eighteen-year-old Orange Valley fisherman Hemraj Alex Sooknanan, whose body was discovered on Monday evening floating just off the Erin coast, has been described by his grieving father, Harry Sooknanan as an “angel” who loved the sea. Read more here…

DPP orders charges to be re-laid against A&V CEO

When the mat­ter was last called be­fore Mag­is­trate Mar­garet Alert, she freed Baksh and Ram­sun­dar be­cause the State was not ready to pro­ceed.

The Of­fice of the DPP re­ceived all the po­lice records last Fri­day, sources said. Read more here…

 

Jack sues TTFA for $15m

Already saddled with mounting debts from lawsuits and outstanding payments, the TT Football Association is facing another legal battle in court.

Calling for repayment of a $15 million loan is the association’s former adviser and former FIFA vice-president Jack Warner. Read more here…

 

Political

AG: Legal Profession Act ruling affecting hundreds

ATTORNEY General Faris Al-Rawi said the ruling on the Legal Profession Act (LPA) has impacted hundreds of people and the State has requested an urgent hearing.

He was speaking yesterday at a media conference held at the AGLA Tower, Ministry of the Attorney General and Legal Affairs, Port of Spain. Read more here…

 

Business

Republic reaping dividends from Cayman acquisition

REPUBLIC Financial Holdings Ltd’s (RFHL) acquisition of Cayman National Corporation (CNC) in March this year added US$1.6 billion ($11.1 billion) to the regional banking group’s increase in total assets, while contributing 39.4 per cent to its increase in core profits, the company disclosed last Thursday when it released its unaudited financial results for the nine months ending June 30, 2019. Read more here…

Lovell Francis: Education to be digitally transformed

Minister of State in the Ministry of Education Dr Lovell Francis has called for the nation to invest in the youth, or rather the education of the youth, instead of oil, to maintain a sustainable future.

Francis made the call while speaking at an Information and Communications Technology (ICT) and government leadership summit held by Huawei at the Hyatt Regency. Read more here…

 

Regus South gets thumbs up

WITH the exorbitant rental costs for office and commercial space, the international firm Regus, is providing some much needed relief, says Trade Minister Paula Gopee-Scoon. Read more here…

 

Regional

Marcus-to-Nandlall: ‘GECOM cannot go unrepresented’

SENIOR Counsel Stanley Marcus said it is hypocritical for Attorney-at-Law Anil Nandlall, through his client Christopher Ram, to file legal actions against the Guyana Elections Commission (GECOM), and then cry foul when Elections Commission hires an attorney to fight its case in the High Court in the absence of a Chairman. Read more here…

Geophysx Invests $200m To Explore For Metals

Mining start-up Geophysx Jamaica plans to ramp up exploration activities in August, having spent $200 million to build out its operations. The company holds a dozen licences to explore for copper, zinc, gold and other minerals, said founder and principal Robert Stewart.

Geophysx will start electromagnetic testing next month to identify the scope of underground deposits, and after analysing the data, will start drilling for metals in October, utilising a diamond rig, which is currently on its way to Jamaica. Read more here…

 

International

Democratic debates: Ten candidates clash over healthcare and immigration

Elizabeth Warren and Bernie Sanders, the most liberal candidates in the crowded field, came under attack from their more moderate colleagues.

The three women and seven men on stage in Michigan debated healthcare, border policy and how to defeat Donald Trump.

Ten more Democrats, including Joe Biden and Kamala Harris, debate on Wednesday. Read more here…

 

VG Siddhartha: Cafe Coffee Day tycoon's body found

The body of the founder and owner of India's largest coffee chain, Cafe Coffee Day, has been found near a river on the outskirts of the southern city of Mangalore, police say. Read more here…

 

 

 

31st July 2019

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