Search Results for: Trinidad and Tobago

BY LEAH GERMAIN

THE GOLDEN rule of investments has and continues to be – if it seems too good to be true, it probably is. The most recent example of this advice being disregarded causing a high profile court case involves R Allen Stanford, Texan-banker and former multi-millionaire.…

BY LEAH GERMAIN

WITH what was once an estimated net worth of over USD2 billion, R. Allen Stanford was once revered as one of the wealthiest men in America. Yet a Texas court has now heard in detail that his wealth, which he displayed in both opulent and lavish ways, was derived from ill-gotten gains.…

BY KEITH NUTHALL

THE CARIBBEAN is a delightful place to live, if you like people. And business reflects this island region’s human scale: commercial relationships work better with real personal relationships, cemented with time and emotional investment.

Buying a newspaper usually requires a quick chat with a shopkeeper.…

BY KEITH NUTHALL

INTERNATIONAL football federation FIFA is struggling to protect its reputation against corruption claims sparking the provisional suspension by its ethics committee of vice-president Jack A Warner, from Trinidad, and Qatari executive committee member Mohamed bin Hammam. Both were accused of trying to bribe Caribbean Football Union (CFU) members for votes in an upcoming FIFA presidential vote.…

BY KEITH NUTHALL

HIGH sugar prices and tight supplies are a constant worry for confectionery manufacturers this year, and the European Union (EU) has been trying to keep these problems under control. The International Monetary Fund (IMF) has estimated that global prices rose 81.4% from last July (2010) to this January (2011) and the EU has taken action.…

BY KEITH NUTHALL

PEER reviews have begun assessing the banking and tax transparency systems promoted by the G20 group of nations following the international contagion of financial problems sparked by the credit crunch. The Organisation for Economic Cooperation & Development’s (OECD) Global Forum on Transparency and Exchange of Information will undertake the process.…

BY RAGHAVENDRA VERMA and KEITH NUTHALL

JUST two weeks after Canadian Prime Minister Stephen Harper visited India, he and Indian Prime Minister Dr Manmohan Singh have announced that they have struck a civilian nuclear cooperation agreement. Strangely this revelation came outside both countries, in Trinidad & Tobago, where both men were participating in the 2009 Commonwealth Heads of Government Meeting.…

BY LIZ HALL

THE SPREAD of smoking bans, the economic crisis and the flattening of Cuba’s tobacco crops in August and September 2008 by hurricanes Ike and Gustav have taken their toll on sales of Cuban cigars.

Demand worldwide was expected to be down 15% in 2009, according to a report from the Cuban National Statistics Office (ONE) published in October 2009.…

BY KEITH NUTHALL

AN INITIATIVE boosting the ability of Latin American and Caribbean countries to prevent precursor chemicals from being diverted from legitimate uses to illegal narcotic production has been launched. The UN Office in Drugs and Crime and European Commission’s three-year PRELAC project will cover: Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Jamaica, Mexico, Panama, Peru, Trinidad & Tobago and Venezuela.…

BY JAMES FULLER

SMALL island states are always vulnerable in energy sustainability terms, but the growth in renewable energy technologies is giving them a better shot at security of supply. The Caribbean is a case in point, where green energy technologies are being explored across the region.…