Archive for August, 2011

Hurricane Irene forces evacuation

Some U.S. residents were forced to evacuate their homes Thursday and the military moved more than two dozen ships out to sea ahead of Hurricane Irene, a huge storm that could prove to be the biggest to strike the United States in six years.

The Category 3 storm was “pounding the northwestern Bahamas,” the National Hurricane Center said. It was centered 65 miles east-northeast of Nassau, and about 670 miles south of Cape Hatteras, North Carolina.

Maximum sustained winds were at 115 ...

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Kamla talks tough

Prime Minister Kamla Persad Bissessar said yesterday she intends to taking the “strongest, most aggressive approach possible” to rid Trinidad and Tobago of criminal elements as well as “those who direct, fund, influence or otherwise support these nefarious activities”.

Addressing a sod turning ceremony for a new police station in Arima, east of here, Persad Bissessar said that her administration has provided “lots of funds” in the fight against crime since it came to office 16   months ago.

She said in addition ...

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US drops advisory against travel to Haiti, but urges citizens to take care

The U.S. State Department no longer urges American citizens to avoid all travel to Haiti, but says they should still “carefully consider” before traveling to the island. The new travel warning issued Monday softens language from one released in January, when the country was suffering election-related violence, that “strongly urged” citizens to avoid all travel. The current one cites crime, a renewed cholera outbreak and an inadequate infrastructure as concerns. The Jan. 20 advisory noted that “the number of victims ...

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T&T heritage fund hit by market turbulence

(Trinidad Express) More than US$1 billion from the Heritage and Stabilisation Fund (HSF) is now in jeopardy as a result of the severe turbulence being experienced in financial markets and the recent downgrade of the US credit rating.

Governor of the Central Bank, Ewart Williams, made the disclosure while speaking at the launch of the Economic Bulletin report for July 2011 at the bank’s conference room in Port of Spain yesterday.

“We are now trying to calculate what has been the impact ...

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