Home' Trinidad and Tobago Guardian : December 31st 2015 Contents A8
Guardian www.guardian.co.tt Thursday, December 31, 2015
6.1000 6.2850 6.4500
4.2842 4.5097 4.8254
8.7923 9.2550 9.9214
6.5094 6.8520 7.3563
****** 0.0521 0.0558
2.1190 2.3033 2.4899
* 2.5770 ****** 3.3331
for DECEMBER 30TH, 2015
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Dec 29, 2015
November, 2015 As at
FIXED INCOME FUND
As at Dec 29, 2015
INCOME & GROWTH FUND
In the past month three bars in the Rio Claro
area were robbed. Police said in each case patrons
and proprietors were beaten.
This string of crimes has triggered the police to
issue a warning to bar owners, who agree to rent
their bars out to Chinese nationals roulette machines,
to be aware of the risks.
A police source told the T&T Guardian an increased
number of bars with the electronic gambling machines
were being targeted by bandits who knew large sums
of cash were kept in-house.
Each roulette machine can be configured to make
its own maximum payout depending on its popularity.
The limit of this differs from bar to bar.
While the machines do not pay out the cash, bar-
tenders are provided with a pool of money called a
"float", from which they dispense to winners.
It was for that reason more and more bars with
the gambling device were targeted by bandits, police
All three bars robbed in Rio Claro had roulette
machines installed and were targeted by bandits as
they were about to close.
An officer said bars that were normally slow and
would not have previously been targeted have now
become vulnerable and prime targets because of the
Although police could not confirm a link between
the robberies, they said a group of four men, with
at least one carrying a gun, was responsible.
The Rio Claro CID is currently reviewing CCTV
footage from all three establishments in the hope of
catching the robbers.
Bandits target bars
with games in 'Rio'
Motorists drive past a capsized 40-foot shipping container which fell off a truck while being
transported on the Churchill-Roosevelt and Uriah Butler Highways interchange near Grand
Bazaar yesterday. Luckily there were no injuries. PHOTO: MARCUS GONZALES
Question: What did you take away from the
Prime Minister's speech on Tuesday night?
"Well, I welcome hearing that they will be
taking money from ministers to give to people
and organisations who need it more. It was also a
good decision by Government to cut the costs of
ministries by seven per cent, when you hearing
the news, too much was being spent anyway.
"People need to see what was said not on a
political level but measures to do their part to live
within their budgets and the economy, which are
not good right now."
"Yes, I looked at part of it and I agree with the
PM's appeal for people to buckle down and
tighten their belts.
"It is a little scary, though, cause I am a mother
and hearing about the measures related to school
textbooks is a little discouraging and troubling,
We are, however, in the early stages and we need
to watch and see what will pan out with some of
what the PM said will be put in place."
"I heard some of what was said while in the
kitchen washing dishes. It was enough for me to
listen and I agree with the measures being put in
"The thing is this should come as no surprise
because the Prime Minister had been hinting at
this since the run up to the election. If we have
to as a country buckle down and live by
measures to stabilise the economy than do it.
It's for our own good. If we stand to benefit from
these measures, then I see no problem."
"My main concern because my brothers are in
the oil and gas industry is job stability... none was
given really. We heard that the industry is
expected to pick up by 2020 but that does not
offer much reassurances.
"What I want to query though is why now in
December we hearing all this doom and gloom
looming, when in January this year it was all
business and the economy looked okay. We knew
about resources being low and prices of oil
decreased but not the other aspects.
"No structural adjustments, please. This will affect our social programmes
and the IMF don't care about that if they are brought in. Take a page from
Barbados and consider tripartite collaboration."
"I agree with the PM. It was not a bad idea
cutting back operational costs in the ministries
and curbing unnecessary expenditure. Great
idea too taking some of their money and
putting it towards charity and helping the less
"I thought it was depressing and scary. Some
of the measures hint at doom and sound as if
frightening days are ahead. It is necessary for
citizens to tighten our belts, so if we have to do
it then so be it. We now just have to trust in the
information given by the Prime Minister, if these
are the measures needed to stabilise the
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