|
CL Financial
CL Financial was the largest privately held conglomerate in Trinidad and Tobago and one of the largest privately held corporations in the entire Caribbean, before the company encountered a major liquidity crisis and subsequent bailout in 2009. Founded as an insurance company, Colonial Life Insurance Company (CLICO) by Cyril Duprey, it was expanded into a diversified company by his nephew Lawrence Duprey. CL Financial then became one of the largest local conglomerates in the region, encompassing over 65 companies in 32 countries worldwide with total assets exceeding TT$100 billion. However, CL Financial experienced a liquidity crisis that resulted in a "bail out" agreement by which the government of Trinidad and Tobago loaned the company funds ($7.3 billion as of December 2010) to maintain its ability to operate, and obtained a majority of seats on the company's board of directors. As of late 2010, the company remained in a tenuous position amid tense negotiations with the gover ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Port Of Spain
Port of Spain ( Spanish: ''Puerto España''), officially the City of Port of Spain (also stylized Port-of-Spain), is the capital of Trinidad and Tobago and the third largest municipality, after Chaguanas and San Fernando. The city has a municipal population of 37,074 (2011 census), an urban population of 81,142 (2011 estimate) and a transient daily population of 250,000. It is located on the Gulf of Paria, on the northwest coast of the island of Trinidad and is part of a larger conurbation stretching from Chaguaramas in the west to Arima in the east with an estimated population of 600,000. The city serves primarily as a retail and administrative centre and it has been the capital of the island since 1757. It is also an important financial services centre for the CaribbeanCIA World Factbook Tri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cyril Duprey
Cyril Lucius Duprey OBE (3 March 1897 – 1988) was a Trinidad and Tobago businessman. He founded the Colonial Life Insurance Company (CLICO, now part of the CL Financial Group) in 1936, the first locally owned insurance company. The company was expanded into the CL Financial Group, which was run for many years by his nephew, Lawrence Duprey. In 1956, Duprey was awarded the Order of the British Empire (OBE) and in 1977 he received Trinidad & Tobago's Chaconia Medal (Gold). His nephew is now the chairman of CL Financial. According to some sources, Dupey was known for his personal business mission statement "Give a man value, give a man service and he will support you." In the 1960s, Cyril Dupey became president of the Cooperative Bank of Trinidad and Tobago, president of the Building and Loan Association of Trinidad and Tobago, and a board member of E.B. Gibb, a trading company. In 1988, Duprey was awarded the Trinity Cross The Trinity Cross (abbreviated T.C.) was the highest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Global Financial Crisis Of 2008–2009
Global means of or referring to a globe and may also refer to: Entertainment * ''Global'' (Paul van Dyk album), 2003 * ''Global'' (Bunji Garlin album), 2007 * ''Global'' (Humanoid album), 1989 * ''Global'' (Todd Rundgren album), 2015 * Bruno J. Global, a character in the anime series ''The Super Dimension Fortress Macross'' Companies and brands Television * Global Television Network, in Canada ** Global BC, on-air brand of CHAN-TV, a television station in Vancouver, British Columbia, Canada ** Global Okanagan, on-air brand of CHBC-TV, a television station in Kelowna, British Columbia, Canada ** Global Toronto, a television station in Toronto ** Global Edmonton ** Global Calgary ** Global Montreal ** Global Maritimes ** Canwest Global, former parent company of Global Television Network * Global TV (Venezuela), a regional channel in Venezuela Other industries * Global (cutlery), a Japanese brand * Global Aviation Holdings, the parent company of World Airways, Inc., ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Daily Nation (Barbados)
The ''Nation Publishing Co. Limited'' is the publisher of the ''Nation Newspaper'', which is the dominant daily newspaper in the country of Barbados. Co-founded by Harold Hoyte and Fred Gollop, it was first established in 1973. the ''Daily Nation'' is printed daily in colour and distributed at many points around the country. Covering the topics of business, sports, politics, lifestyles, editorials and entertainment, the ''Daily Nation'' reports many aspects of news in Barbados, in addition to regional, and International news. The name of the publications vary according to different weekdays. Mondays, Tuesdays and Thursdays, it is the ''Daily Nation''. Wednesdays it is the ''Midweek Nation'' and Fridays the ''Weekend Nation''. On weekends the newspaper is the ''Saturday Sun'' and ''Sunday Sun'' respectively. The Nation Publishing Company also publishes a weekly youth magazine called ''Attitude'' and a visitors' booklet called ''Explore Barbados''. In 2004, a weekly Canadian print ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jamaica Observer
''Jamaica Observer'' is a daily newspaper published in Kingston, Jamaica. The publication is owned by Butch Stewart, who chartered the paper in January 1993 as a competitor to Jamaica's oldest daily paper, ''The Gleaner ''The Gleaner'' is an English-language, morning daily newspaper founded by two brothers, Jacob and Joshua de Cordova on 13 September 1834 in Kingston, Jamaica. Originally called the ''Daily Gleaner'', the name was changed on 7 December 1992 to ...''. Its founding editor is Desmond Allen who is its executive editor – operations. At the time, it became Jamaica's fourth national newspaper. History ''Jamaica Observer'' began as a weekly newspaper in March 1993, and in December 1994 it began daily publication. The paper moved to larger facilities as part of its tenth anniversary celebrations in 2004. References External linksThe Jamaica Observer Daily newspapers published in Jamaica Publications established in 1993 {{jamaica-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trinidad Express
The ''Trinidad and Tobago Express'', better known as ''Daily Express'' (and the weekend editions ''Saturday Express'' and ''Sunday Express''), is one of three daily newspapers in Trinidad and Tobago. The ''Daily Express'' as per its masthead is published by the Caribbean Communications Network (CCN) and is headquartered on Independence Square in Port of Spain. The newspaper commenced operations on 6 June 1967. The website for the ''Trinidad and Tobago Express'' was first registered in 1997 and launched subsequently very soon thereafter. The ''Express'' newspaper is the second oldest of the daily Trinidad and Tobago newspapers. Online presence The ''Trinidad and Tobago Express'' news website, then known as the Internet Express, grew quickly into one of the top visited websites about Trinidad and Tobago. With up to 10,000 hits per day, the website has become one of the online centrepieces of CCN. In 2002, newscasts of the television channel CCN TV6, and its televised daily polls, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Republic Bank
Republic Bank Limited is a leading Caribbean financial institution headquartered in Trinidad and Tobago. It has operations in Anguilla, Barbados, the British Virgin Islands, the Cayman Islands, Dominica, Ghana, Grenada, Guyana, St. Kitts and Nevis, Saint Lucia, St. Maarten, St. Vincent and the Grenadines, Suriname and Trinidad and Tobago. It was formerly a division of Barclays Bank in Trinidad and Tobago. History As a subsidiary of UK banks The forerunner of Republic Bank, ''Colonial Bank'', was established on 15 May 1837 by Royal Charter.Republic Bank Limited financial statement to the Trinidad and Tobago Stock Exchange
[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trinidad Guardian
The ''Trinidad and Tobago Guardian'' (together with the ''Sunday Guardian'') is the oldest daily newspaper in Trinidad and Tobago. The paper is considered the newspaper of record for Trinidad and Tobago. History Its first edition was published on Sunday 2 September 1917. The newspaper, now owned and published by Guardian Media Limited, began as a broadsheet but in November 2002 changed to tabloid format, known as the "G-sized Guardian". In June 2008, the paper changed to a smaller-size tabloid. The main office of the ''Guardian'' is located at St. Vincent Street, Port of Spain, with a branch office on Chancery Lane, San Fernando, and the Head office which is located on 4-10 Rodney Road in Chaguanas. On 2 September 2017, the ''Trinidad and Tobago Guardian'' celebrated its 100th anniversary. Shortly after on 11 September 2017, the company launched a new layout. The slogan of the paper is ''The Guardian of Democracy''. Since 1955, according to an advertisement in '' Editor & ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trinidad And Tobago
Trinidad and Tobago (, ), officially the Republic of Trinidad and Tobago, is the southernmost island country in the Caribbean. Consisting of the main islands Trinidad and Tobago, and numerous much smaller islands, it is situated south of Grenada and off the coast of northeastern Venezuela. It shares maritime boundaries with Barbados to the northeast, Grenada to the northwest and Venezuela to the south and west. Trinidad and Tobago is generally considered to be part of the West Indies. The island country's capital is Port of Spain, while its largest and most populous city is San Fernando. The island of Trinidad was inhabited for centuries by Indigenous peoples before becoming a colony in the Spanish Empire, following the arrival of Christopher Columbus, in 1498. Spanish governor José María Chacón surrendered the island to a British fleet under the command of Sir Ralph Abercromby in 1797. Trinidad and Tobago were ceded to Britain in 1802 under the Treaty of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liquidity Crisis
In financial economics, a liquidity crisis is an acute shortage of ''liquidity''. Liquidity may refer to market liquidity (the ease with which an asset can be converted into a liquid medium, e.g. cash), funding liquidity (the ease with which borrowers can obtain external funding), or accounting liquidity (the health of an institution's balance sheet measured in terms of its cash-like assets). Additionally, some economists define a market to be liquid if it can absorb "liquidity trades" (sale of securities by investors to meet sudden needs for cash) without large changes in price. This shortage of liquidity could reflect a fall in asset prices below their long run fundamental price, deterioration in external financing conditions, reduction in the number of market participants, or simply difficulty in trading assets. The above-mentioned forces mutually reinforce each other during a liquidity crisis. Market participants in need of cash find it hard to locate potential trading partners ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Caribbean
The Caribbean (, ) ( es, El Caribe; french: la Caraïbe; ht, Karayib; nl, De Caraïben) is a region of the Americas that consists of the Caribbean Sea, its islands (some surrounded by the Caribbean Sea and some bordering both the Caribbean Sea and the North Atlantic Ocean) and the surrounding coasts. The region is southeast of the Gulf of Mexico and the North American mainland, east of Central America, and north of South America. Situated largely on the Caribbean Plate, the region has more than 700 islands, islets, reefs and cays (see the list of Caribbean islands). Island arcs delineate the eastern and northern edges of the Caribbean Sea: The Greater Antilles and the Lucayan Archipelago on the north and the Lesser Antilles and the on the south and east (which includes the Leeward Antilles). They form the West Indies with the nearby Lucayan Archipelago (the Bahamas and Turks and Caicos Islands), which are considered to be part of the Caribbean despite not bordering the Caribbe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.jpg "Click for more on -> The Daily Nation (Barbados)")
