Archive for August 9th, 2011

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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