Trinidad and Tobago
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2030: Shared prosperity is possible in our region
PORT OF SPAIN, Trinidad – The World Bank, under the leadership of President Jim Yong Kim, has focused attention on the ambitious and demanding work to eliminate extreme poverty in the world’s population by 2030 and to increase the income of the poorest 40 per cent in order to promote shared prosperity. It may sound bold, but it is possible…
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EU supporting regional food security project
PORT OF SPAIN, Trinidad, CMC – The European Union is providing an Euro 8.6 million (One Euro = US$1.29) grant to support a project to improve Caribbean food security in the context of climate change. The project is being conducted in Belize, Barbados, St. Kitts and Nevis and Trinidad and Tobago and is being organized by the Caribbean Agricultural Research…
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CAL’s current situation clearly unsustainable
PORT OF SPAIN, Trinidad – Is it unrealistic for T&T to continue to have a national airline? Or is the issue one of incompetent and corrupt management at the national airline? Can Caricom, as a group of struggling economies, continue to have half a dozen national airlines, all of them losing hundreds of millions of dollars annually? In the instance…
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CAL not in crisis, says chairman
PORT OF SPAIN, Trinidad – The Caribbean Airlines (CAL) board has directed that its acting chief executive Robert Corbie provide a report on why the company has to potentially write off $200 million in cargo revenue and credit card fraud. Chairman Rabindra Moonan, in a telephone interview yesterday, observed that those losses are the responsibility of the company’s management. He…
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Caribbean airline integration: A call to action
PORT OF SPAIN, Trinidad – In his book, Re-engineering Management, James Champy states: The results are in: Re-engineering works—up to a point. The obstacle is management. The only way we’re going to deliver on the full promise of re-engineering is to start re-engineering management. The problem is, current Caribbean leaders will not acknowledge that leadership models across the Caribbean are…
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Regional transport ministers to discuss transport woes
PORT OF SPAIN, Trinidad, CMC – Caribbean Community (CARICOM) ministers of transport will meet in St. Vincent and the Grenadines later this month and are likely to make recommendations that will go before regional leaders at their annual summit in Trinidad and Tobago in July on the vexing question of air and maritime transportation in the Caribbean. CARICOM Secretary General…
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Regional countries adopt new strategies to deal with changing global environment
PORT OF SPAIN, Trinidad, CMC – Caribbean Community (CARICOM) Foreign Ministers ended a two-day meeting here on Wednesday night agreeing on a number of new initiatives to give the Caribbean a greater role in global economic and political situations. Trinidad and Tobago’s Foreign Affairs Minister Winston Dookeran, who chaired the 16th meeting of the CARICOM Council for Foreign and Community…
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Watch those State funds
PORT OF SPAIN, Trinidad – Proper governance structures need to be in place at all enterprises funded by taxpayers, including one like Caribbean Airlines (CAL), to avoid situations where these companies have to write off major debts, business leaders have said. “In the private sector, you can’t be making mistakes that allow for these types of discrepancies for these mistakes.…
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Dookeran: Biden to spend 1 night, two days in T&T
PORT OF SPAIN, Trinidad – US Vice President Joe Biden is to spend one night and two days in Trinidad and Tobago during his visit later this month. Foreign Affairs Minister Winston Dookeran told reporters after the opening ceremony of CARICOM’s Council for Foreign and Community Relations (COFCOR) meeting being held at the Hilton Trinidad, St Ann’s, on Monday. “I…
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