NEWS
Police strengthening border
Police ground and air assets in south-west Trinidad are being reinforced to strengthen border security as the Venezuela crisis unfolds. Commissioner of Police (CoP) Gary Griffith made that disclosure yesterday to members of the National Security Joint Select Committee (JSC) at a public hearing at Tower D of the Port of Spain International Waterfront Centre. “We are aware there is a clear and present danger in dealing with what is happening on the mainland,” Griffith said. Read more here
Abducted fisherman returns home
As they frantically sold a pirogue, a van and two boat engines to raise a US$200,000 ransom in exchange for the safe return of five kidnapped fishermen, relatives got word that one of the men Jerry O’Brian had returned home. Jerry and his brother Jason O’Brian, along with Ricky Rambharose, 35, of Fyzabad, Jagdesh Jude Jaikaran, 16, Brandon Arjoon, 28, and Linton Manohar, 36, - all of Morne Diablo - were reportedly kidnapped by Spanish speaking men during a fishing expedition. In an interview, Brandon’s father Rodney said they were praying fervently that all of the fishermen will be returned home safely. Rodney said he was yet to see Jerry. Read more here
POLITICS
Jennings-Smith: Youths are leaders of today
Some people believe that youths are the leaders of tomorrow but for Parliamentary Secretary in the National Security Ministry Glenda Jennings-Smith, this is not the case. “They are the leaders of today. What they can do today, can influence what goes on in the country today. That is what we are focusing on — making a difference today, letting the youths level up, letting them get involved in their communities, letting them take responsibility,” Jennings-Smith said. She made the comments yesterday to the media at the National Crime Prevention Programme Youth Outreach Engagement held at the Naparima Boys’ College, San Fernando. Read more here
PM: Maduro hasn’t approached T&T on mediation meeting
Embattled Venezuelan President Nicholas Maduro has not approached Prime Minister Dr Keith Rowley or the T&T Government about a potential mediation meeting between him and Venezuelan opposition leader Juan Guaido in this country. However, the Prime Minister said that if this suggested then this country would be open to such a meeting as he explained that Caricom had offered to be a neutral ground for talks for Venezuelan officials. “If today he is saying that Trinidad and Tobago or any Caricom country is that place it goes back to our offer,” said Rowley at the Piarco International Airport. “I heard the Uruguayans also have made themselves available in a similar manner,” he added. Read more here
BUSINESS
BHP predicts returns in deepwater blocks
HP Billiton has been operating in TT for 22 years, and, its president Vincent Pereira hopes, will be here for at least 22 more. “Trinidad is a great place to do business. We’ve been quite successful here so that’s always good. And I think the environment itself is good because clearly it has a century-long established industry,” Pereira said. Pereira spoke to Business Day at his Invaders Bay office, Mucurapo, overlooking the Gulf of Paria. He’s a soft-spoken man and one of the most prominent voices in energy in TT, having served a two-year stint as president of the TT Energy Chamber. Read more here
Demand more of the HSF
In the third calendar quarter of 2018, the Heritage and Stabilisation Fund (HSF) posted a return of 1.81 per cent compared with a gain of 1.54 per cent for its Strategic Asset Allocation benchmark. According to the HSF report, while all four mandates (investment strategies) generated positive absolute returns, the main driver of performance was the fund’s exposure to the United States (US) equity markets. On a relative performance basis, the two fixed income portfolios outperformed their respective benchmarks. However, the two equity mandates underperformed their respective benchmarks over the period. Read more here
REGIONAL
Jamaica Loses Ground In Fight Against Corruption
A plethora of negative national developments in 2018 have factored high on Jamaica’s two-point slip in the rankings of Transparency International’s 2018 Corruption Perception Index (CPI). The country is now ranked 70 out of 180 countries and has a CPI score of 44. Jamaica also scored a CPI of 44 in 2017 and 39 in 2016. The index, which ranks 180 countries and territories by their perceived levels of public-sector corruption according to experts and business people, uses a scale of zero to 100, where zero is highly corrupt and 100 is very clean. A CPI score of below 50 means that a country has a corruption problem. Read more here
INTERNATIONAL
Even some Republicans balk as Trump targets US spy chiefs
Even after two years, President Donald Trump's assaults on US spy chiefs are shocking coming from a commander in chief. The President's Twitter barrage over a global threat matrix produced by US intelligence agencies that contradicts with his idiosyncratic worldview is hardly a surprise given his past behavior. His habit of fashioning a truth that fits his personal prejudices and goals over an objective version of reality has been an undercurrent to his political career. But when that often-successful political method is carried into the realm of national security, it can be deeply destructive. Read more here
Polar vortex brings deadly cold snap to US states
31st January 2019