Daily Brief - Monday 25th July, 2016

NEWS

'Hardest Week'

Prime Minister Dr Keith Rowley yesterday described the past week he spent in Jamaica as the best and hardest working week he has experienced “in a long, long, long time”. Slamming the Opposition for its criticism of the trip, Rowley said had it not been for the official visit to Jamaica, the issues relating to the boycott of Trinidad and Tobago products in Jamaica would not have been ironed out. Read more here

‘Child marriage’ public forums ending soon

The public consultations on child marriage are drawing to a close, with final discussions expected to be completed by next Friday. This was revealed yesterday by Attorney General Faris Al-­Rawi while speaking to reporters following the Medical Association’s 22nd annual conference at the Hilton Trinidad, St Ann’s. “We just have Tobago left to do and then we will roll out the policy, whatever it may be, to the Cabinet for its approval and then the legislative amendments very shortly thereafter,” he said. “Perhaps in the month of September this should be done, but I can’t say with certainty right now. (Consultations in) Tobago should be hopefully completed by next Friday. Arrangements are being put into final gear right now.” Read more here

 

POLITICS

Al-Rawi: No beef with Imbert

There is no rift in the Cabinet between Minister of Finance Colm Imbert and Attorney General Faris Al-Rawi. Responding to questions yesterday morning following the Medical Association of Trinidad and Tobago’s 22nd annual conference, at the Hilton Trinidad in St Ann’s, Al-Rawi said any public perception of such a rift—if there were indeed perceptions to that nature—would have potentially been created in the manner in which statements from both Cabinet ministers had been edited in the media. Read more here

Persad-Bissessar: AG’s claims mischievous, baseless

Opposition Leader Kamla Persad-Bissessar has accused Attorney General Faris Al-Rawi of attempting to mislead and deceive the population into thinking that 1,300 prisoners are likely to be freed because the Opposition failure to support renewal of the Anti-Gang Act and the Bail (Amendment) Act. Both Acts have sunset clauses that need a special majority in Parliament or they will expire next month. Persad-Bissessar’s comments followed reports over the weekend that hundreds prisoners in remand are now being considered for bail by the State from August 15. Read more here

 

BUSINESS

Roadshow to recovery?

This week, we at Bourse evaluate the impact of the decision taken by Government to borrow US$1 billion externally in order to help close the fiscal gap, taking a closer look at the trickle-down effects on T&T’s economic metrics. We discuss the performance of the local economy year-to-date and provide some insight on what may be expected going forward. Read more here

Marketing Strategies Today: How to use predictive analytics with big data to profit

Data management is highly prioritized in many businesses. Predictive analytics has been a practice used by many businesses to help them determine the future. With predictive analytics, information is extracted from an existing set of data to determine the future trends and outcomes. This practice will not tell the exact future happenings. Rather, it predicts the future possibilities, along with the reliabilities, risk assessment, and any other related odds. Read more here

 

REGIONAL

J$1.4billion To Be Spent On Redeveloping Falmouth Into Prime Destination

Amid cries for an urgent need to redevelop the historic town, Jamaica's tourism ministry says Falmouth is to be transformed into a premiere Caribbean destination by 2018. In a release this morning, the ministry says several projects valued at about J$1.4 billion are in train to redevelop the Georgian town into a destination. Tourism Minister Edmund Bartlett recently toured the development projects being jointly executed by the Port Authority of Jamaica, the Urban Development Corporation and local authorities in the parish. Read more here

 

INTERNATIONAL

Suicide bomb hits Ansbach, Germany, in latest violent attack”

Ansbach, Germany (CNN)A Syrian asylum seeker exploded a suicide bomb Sunday night outside a music festival in southern Germany in the latest violent attack to rattle the country in the past week. The blast injured 12 people in Ansbach, including three seriously, Bavarian Interior Minister Joachim Herrmann said at a news conference Monday. The bomber, a 27-year-old Syrian national known to police, was killed, Hermann said. Read more here

Florida nightclub shooting: Two dead and 16 injured in Fort Myers

Two people have been killed and up to 16 more injured in a shooting at a nightclub in the Florida city of Fort Myers, police say. The attack happened around 00:30 (04:30 GMT) on Monday at Club Blu, which was reportedly hosting a party for teenagers. Three people have been arrested. A police statement said injuries "ranged from minor to life-threatening" and that a number of people were in hospital. Local broadcaster WINK says that witnesses at the scene described the club as a "mad house". Read more here

25th July 2016

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