The downturn in the economy seems already to have had a negative impact on Carnival 2016 fetes and events as two promoters say sponsorship has been either hard to come by or unavailable since some sponsors have pulled out.
Lewis achieves initial goal
PRESIDENT OF the Trinidad and Tobago Olympic Committee (TTOC) Brian Lewis took a personal stance for all national athletes yesterday when he completed the gruelling 26.2 mile Trinidad and Tobago International Marathon (TTIM) distance in an effort to raise a nationwide awareness for the Athlete Welfare and Preparation Fund.
Lewis: They need our support
Trinidad and Tobago Olympic Committee (TTOC) president Brian Lewis will brave a left hamstring injury as he attempts to complete his second Trinidad and Tobago International Marathon to raise awareness and funds for T&T athletes.
Oil price tumbles to below $33
Oil prices tumbled to $32.62 a barrel on Thursday as a result of rising US energy stockpiles and China's weakening currency.
Economists not surprised at forecast: T&T economy to shrink
T&T has been ranked among the ten economies likely to shrink this year by the Economist. A report by the magazine’s Economist Intelligence Unit places this country 9th on the list, just above Greece in a ranking that also includes Venezuela, Brazil, Syria, Libya, Equatorial Guinea and Burundi.
Plans for T&T's first ever Olympic Park shelved
Plans for Trinidad and Tobago's first ever Olympic Park during the Rio Summer Olympic Games has been shelved due to the economic downturn.