Daily Brief - Monday 10th October, 2022

NEWS

Police: Some legal firearms finding their way to criminals

POLICE from various units visited the business places of two well-known firearms dealers in north and central Trinidad on Saturday as part of ongoing enquiries into the sale and distribution of guns. Read more here
 

US Embassy: Travel advisory only updated for COVID, not safety and security

In response to the latest viral message on social media with regards to a travel advisory issued by the US Department of State, the US Embassy in T&T has sought to clear the air with respect to the security and safety aspect. Read more here

Yellow-level adverse weather alert discontinued

The yellow-level adverse weather alert has been discontinued. Around 4 pm on Sunday, the Met Office said the potential for “impactful rainfall and thunderstorm activity” reduced significantly. Read more here
 

POLITICS

Al-Rawi joins race in upcoming party elections; supporters file nominations today

Spotlight Monday on PNMites seeking to run the People’s National Movement (PNM) ahead. The race includes Rural Development/Local Government Minister Faris Al-Rawi who’s seeking the post of PNM Public Relations Officer–which he held before in 2014. Read more here

UNC says no to property tax: 'People struggling to survive'

OPPOSITION Senator Damian Lyder says the UNC “stands firm against the implementation of property tax at this time.” He was speaking at the UNC’s weekly media conference in Port of Spain on Sunday. Read more here
 

BUSINESS

Strong LNG prices to continue to 2024

T&T is likely to benefit from high prices for Liquefied natural gas prices well into 2024 according to the latest predictions from Morgan Stanley. According to the investment bank Morgan Stanley, high prices in the European Union (EU) have attracted record LNG, refilling storage ahead of the 2022 winter. It said looking into 2023, lack of Nord Stream flows from Russia raises Europe’s call on LNG, while the rest-of-world changes are more mixed. Read more here

Dinosaurs take over as MovieTowne marks 20

MOVIETOWNE will turn 20 years old next month and the celebrations will include the opening of the first dinosaur theme park in the Caribbean. Read more here
 

REGIONAL

High fuel price pain!

While President of the Jamaica Manufacturers and Exporters Association (JMEA) John Mahfood is lamenting the high-energy prices that continue to significantly impact the manufacturing sector’s electricity and transportation costs, former energy.

Berbice sugar estates surpass weekly production targets

THE Albion/Port Mourant and Blairmont sugar estates have surpassed their weekly production target for the week ending October 8, 2022 by almost 10 per cent. This development is a continuation of the good performance recorded by the sugar industry within recent times. Read more here
 

INTERNATIONAL

Nobel Prize in economics awarded to trio including Ben Bernanke for work on financial crises

Former Federal Reserve Chair Ben Bernanke, Douglas Diamond and Philip Dybvig were awarded the Nobel Prize in economics on Monday for their work on banks and financial crises. Read more here

Shock and horror after Russia's wave of strikes across Ukraine

The past few hours have seen wave after wave of explosions, not just here in Kyiv, but all across this vast country, from Lviv in the west to Kharkiv in the east and Odesa in the south. Read more here
 
 

10th October 2022

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