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  • Stanford ex-CFO gets five-year prison sentence

    HOUSTON (Reuters) – James Davis, the government’s top witness in convicted swindler Allen Stanford’s fraud trial, was sentenced today to five years in prison for his role in a $7 billion Ponzi scheme. Davis, 64, who pleaded guilty in 2009 to three charges and could have been sentenced to 30 years, told the court in a breaking voice, “I am…

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  • Passion for Windies cricket alive again: WICB president

    West Indies Cricket Board (WICB) President Julian Hunte says sold-out matches in the just concluded Caribbean T20 tournament is proof that passion for West Indian cricket has rekindled. Fans were turned away on certain nights at the Queen's Park oval in Trinidad and at the Beausejour Cricket Ground in St.Lucia where the matches were played, reports CMC. “There can be…

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  • Government wants one regulator to monitor telecom sector

    KINGSTON, Jamaica, CMC – The Jamaica government says it is committed to the establishment of a single regulatory body to monitor the telecommunication sector here. “We do intend to now have a single regulator for all aspects of telecommunications. We now have the OUR (Office of Utilities Regulation), the Broadcasting Commission and the Spectrum Management Authority as three bodies that…

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  • Opposition dismisses spending on consultants as ‘fairytale numbers’

    HAMILTON, Bermuda, CMC – The main opposition Progressive Liberal Party (PLP) has dismissed claims by Premier Craig Cannonier that it spent “upwards of US$100 million a year on consultants”. PLP chairman Maynard Dill described the claims as “fairytale numbers” indicating that figures released on the website of the Ministry of Finance showed the figure to be $50.7 million for the…

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  • Barbuda being ‘left out’ of air travel plans

    ST JOHN’S, Antigua – A former Barbuda Council member has accused government of failing to pay the same attention to air travel between Antigua & Barbuda as it does to regional travel. George Burton said he is very concerned that central government is giving financial support to regional air carrier LIAT while Barbudans are left out of the loop. He…

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  • T&T Agricultural produce to be available on Caribbean market

    PORT OF SPAIN, Trinidad (Trinidad Guardian) – Food Production Minister Devant Maharaj said more of T&T’s agricultural produce may soon be available in Caribbean market. At the re-commissioning of the Orange Valley Wholesale Fish Market in Couva yesterday, Maharaj said Namdevco will soon start construction of five packing houses at the cost of $8 million each. He said the packing…

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  • $7M profit for LIAT impossible

    ST JOHN’S, Antigua – A month after projecting it would make a “modest” $7 million profit in 2013, LIAT says such an achievement is no longer possible. The company had hinged its profit making ability on complete re-fleeting that got off to a late start, due to a lack of funds and reconstruction of aircraft records destroyed in a blaze…

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  • THA must forge new ties with gov’t

    PORT OF SPAIN, Trinidad – The rout of the Tobago Organisation of the People (TOP) in Monday’s elections for the Tobago House of Assembly (THA) settles many questions. There is no doubt now where the sentiments of the people of Tobago lie. The rejection of Ashworth Jack, ousted from the Mason Hall/Providence/Moriah constituency seat he’d held for 16 years, was…

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  • London on absent minority leader: President can call seat vacant

    PORT OF SPAIN, Trinidad – There is no minority leader but this is not going to prevent the victorious Orville London-led slate from the PNM’s Tobago Council from being inaugurated as the new Tobago House of Assembly tomorrow. “My lawyers have said there is nothing to prevent the THA from functioning without a minority leader and a minority council.” London…

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  • Reflections on political changes

    PORT OF SPAIN, Trinidad – A NATIONAL holiday in Barbados yesterday afforded me the opportunity to reflect on a few current political developments of relevance as T&T prepares for Carnival 2013 and loses no sweat over domestic party politicking; after all, it's the official season for fun and frolic. First, the understandable jubilation by Tobagonians over achieving a stunning, historic…

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