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Trinidad Express (Free subscription) | 9 hours ago
It is only the intervention of the Government of the United states with bailouts involving hundreds of billions of US dollars that saved other long standing institutions from going under. Worse still, in the globalised financial sector, this situation had a ripple effect throughout the world as these sub prime mortgages, grouped together and sold as asset-backed securities, involved banks and financial...
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Trinidad Express (Free subscription) | 9 hours ago
The Round Table on the Draft Constitution holds its final meeting this morning at the Prime Minister's office, Prime Minister Patrick Manning said yesterday. Responding to questions from Caroni East MP Dr Tim Gopeesingh in the Red House, Manning said very shortly the Draft Constitution would be tabled in Parliament. "The document is ready and there would be widespread consultation,"...
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Trinidad Express (Free subscription) | 11/29/2008
Manning sorry over India's lossSaturday, November 29th 2008Prime Minister Patrick Manning has conveyed sentiments of sympathy to his counterpart in India, Dr Manmohan Singh, over the current crisis in Mumbai. The PM called at the St Clair office of Indian High Commissioner Jagitsingh Sapra yesterday, a release from the Office of the Prime Minister yesterday disclosed. The two met briefly, during which...
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Trinidad Express (Free subscription) | 11/25/2008
In the face of a global economic slump, Prime Minister Patrick Manning said yesterday that his Government will not succumb meekly and would fight off the recession. Speaking at a seminar on Small and Medium Sized Business at the Hyatt Regency hotel in Port of Spain yesterday, Manning said: "We will not yield to economic contraction without a fight. We will not succumb so easily."...
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San Fransisco Chronicle (Free subscription) | yesterday
The drop in world energy prices is forcing Trinidad and Tobago to postpone the construction of new schools and two major hospitals. Prime Minister Patrick Manning says the government needs to cut spending because prices are falling for the country's exports...
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Trinidad Express (Free subscription) | 9 hours ago
Prime Minister Patrick Manning has not dealt with the real issues that affect the economy, says Opposition Leader Basdeo Panday. Commenting on Manning's address to the nation on Sunday night, where he spoke about cutbacks to deal with the global economic crisis, Panday said it had "convinced me that Manning has grown into one of the finest political con men this country...
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Trinidad Express (Free subscription) | 9 hours ago
Prime Minister Patrick Manning's weekend announcement of a $5.3 billion reduction in the $49 billion national budget is being described as "inadequate." Members of both the local business community and economic circles are questioning why the government chose to make the cuts where it did and why the Prime Minister failed to announce the new oil and gas prices which the revised budget...
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Trinidad Express (Free subscription) | 9 hours ago
Energy economist Gregory McGuire and energy consultant Tony Paul are calling on the Patrick Manning administration to declare the new prices for oil and natural gas on which it has based its $5.3 billion cutbacks in the $49 billion Budget. When Manning addressed the nation on Sunday night and announced the Government would be cutting $5.3 billion in recurrent and capital expenditure...
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Trinidad Express (Free subscription) | 9 hours ago
"Disastrous." "A big blow to the people." Those were some of the comments yesterday from a number of organisations on Prime Minister Patrick Manning's decision to put on hold the construction of a hospital in Couva. Ranjit Ramnarine, chairman of Couva/Tabaquite/Talparo Regional Corporation, describing the move as "disastrous", said: "While the corporation understands the need for cutting...
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Trinidad Express (Free subscription) | 9 hours ago
As soon as the economic situation improves, the first activity Government will resume is the construction of new housing units, senior Government sources said yesterday, as they responded to concerns over Prime Minister Patrick Manning's announcement that no new houses would be built. "The hold on (the construction of) new houses would not last long. In fact, the first hold we would release...
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Trinidad Express (Free subscription) | 9 hours ago
Government's move to put the building of the National Carnival and Entertainment Centre on hold has received mixed reviews from Carnival stakeholders. Prime Minister Patrick Manning made the announcement on Sunday night during his address to the nation on Government's efforts to prevent the country from going into a recession. Pan Trinbago president Patrick Arnold says culture...
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Miami Herald (Free subscription) | yesterday
Budget shortfall forces cutbacks in TrinidadPORT-OF-SPAIN, Trinidad -- The drop in world energy prices is forcing Trinidad and Tobago to postpone the construction of new schools and two major hospitals.Prime Minister Patrick Manning says the government needs to cut spending because prices are falling for the country's exports of natural gas, oil and petrochemicals.The twin-island Caribbean...
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Seattle Post-Intelligencer (Free subscription) | yesterday
Budget shortfall forces cutbacks in TrinidadPORT-OF-SPAIN, Trinidad -- The drop in world energy prices is forcing Trinidad and Tobago to postpone the construction of new schools and two major hospitals.Prime Minister Patrick Manning says the government needs to cut spending because prices are falling for the country's exports of natural gas, oil and petrochemicals.The twin-island Caribbean...
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Trinidad Express (Free subscription) | yesterday
...'Shortfall figure too optimistic'Anna Ramdass aramdass@trinidadexpress.com Monday, December 1st 2008Economist Dennis Pantin has questioned how did Prime Minister Patrick Manning's projected shortfall in revenue drop from six billion to $5.3 billion. "The Prime Minister did not indicate how he came to this projected revenue shortfall declining from six billion to 5.3 billion," Pantin...
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Trinidad Express (Free subscription) | 11/30/2008
CONTROVERSIAL CAR: PM Patrick Manning's Mercedez Benz S500 - the car behind the controversy.THE laws quoted by Works and Transport Minister Colm Imbert in support of the Prime Minister's use of the Coat of Arms on one of his cars has nothing to do with the registration of vehicles. This according to the man who was responsible for bringing into effect the amendments to the law cited by...
