Home' Trinidad and Tobago Guardian : October 24th 2016 Contents • Twitter: @GuardianTT • Web: guardian.co.tt
MONDAY, OCTOBER 24, 2016
LONDON---The head of the British Bankers'
Association has warned that financial firms are
planning to start leaving London within weeks
because of uncertainty about the UK's exit from the
Chief executive Anthony Browne said in an article
published yesterday that banks fear EU politicians
will erect trade barriers with Britain in a bid to
undermine the City of London, currently Europe's
pre-eminent financial district. They also fear UK-
based financial firms will lose the right to conduct
business across the bloc.
Browne wrote in The Observer newspaper that
bankers' "hands are quivering over the relocate
button." He said "many smaller banks plan to start
relocations before Christmas; bigger banks are
expected to start in the first quarter of next year."
Browne said tariffs would hurt both Britain and
the EU, but that economic arguments might lose
out amid hardening political rhetoric from both
He said national governments might "try to use
the EU exit negotiations to build walls across the
Channel to split Europe's integrated financial market
in two, in order to force jobs from London."
Prime Minister Theresa May has repeatedly said
that "Brexit means Brexit," suggesting her
government is unwilling to compromise to keep
Britain within the EU's single market.
British ministers have stressed the need for the
country to control immigration---a conflict with the
EU's principle of free movement. EU leaders have
said ending free movement will make it impossible
for the U.K. to stay in the single market.
The British government said in a statement that
it was "keenly aware of the importance of the
financial services sector to the UK economy." It said
British officials "have the resources required to get
the best deal for the UK."
Banking boss says firms
preparing to leave UK
before EU exit
BAGHDAD---Iraq's parliament has passed a law
forbidding the import, production or selling of
The bill, passed late Saturday, imposes a fine of
up to 25 million Iraqi dinars, or US$21,000, for
anyone violating the ban.
Islam forbids the consumption of alcohol, but it
has always been available in Iraq's larger cities,
mainly from shops run by Christians. Those shops
are currently closed because of the Shiite holy
month of Muharram.
Iraq's parliament is dominated by Shiite Islamist
parties. The legislation was proposed by Mahmoud
al-Hassan, a judge and lawmaker from the State of
Law coalition, the largest bloc in parliament. The
assembly announced the ban on its website but did
not say how many lawmakers voted for or against
it. Kirk Sowell, the publisher of the biweekly
newsletter Inside Iraqi Politics, said the bill was
clearly supported by Shiite Islamists but came "as a
bit of a surprise because it has not been a subject
of major debate or discussion."
He said the executive branch could move to have
the law overturned on procedural or other grounds,
and the Supreme Court could potentially strike it
It's unclear how strictly the law would be
enforced. Other Muslim-majority countries in the
region have laws restricting alcohol, but only a few,
including Saudi Arabia and Kuwait, enforce a
complete ban. The Iraqi law was unlikely to be
enforced in the largely autonomous Kurdish region,
which is home to a sizeable Christian community.
Iraqi parliament passes
bill banning alcohol
MAIDUGURI---Some 83 Nigerian
soldiers are missing in action since
Boko Haram Islamic extremists
attacked a remote military base in
the northeast, senior army officers
The soldiers were unable to fight
back and fled because Boko Haram
had superior firing power, the
officers told The Associated Press.
Morale also was low among the
troops because they were being
rationed to one meal a day and
their allowances were being
pilfered by their commanders, the
Army spokesman Colonel Sani
Kukasheka Usman reported last
week that "some" soldiers were
missing and 13 wounded when the
insurgents on October 17 attacked
their base in Gashigar village, on
the border with Niger.
Dozens of fleeing troops jumped
into the Niger River and 22 were
pulled from the water. Many
soldiers are feared to have
drowned, they said.
President Muhammadu Buhari
promised to better arm Nigeria's
military when he was elected in
March 2015, blaming corruption for
the deaths of thousands including
soldiers in the 7-year-old Islamic
insurgency that has killed more
than 20,000 people.
missing in Boko
ARCAHAIE---Police officers were searching
cars and boats for escaped prisoners yesterday
after recapturing at least a dozen of the 172
inmates who overpowered guards and
escaped from a lockup in central Haiti, the
prison s director said.
The prison break occurred Saturday in Arc-
ahaie, a coastal town about 30 miles north of
Haiti s capital. The community is far from the
southwest area that was slammed by Hurricane
Matthew s eye earlier this month.
One guard was reported killed and others
were injured. An inmate reportedly died fol-
lowing a bad fall while trying to scale a prison
Haitian National Police officers set up
numerous checkpoints along roads to search
vehicles. Small boats in fishing towns around
Arcahaie were also being checked.
Heurtelou Paul Colson, director of the Arc-
ahaie Prison, said the lockup housed 266
Justice Minister Camille Edward Junior told
Haiti s biggest newspaper, The Nouvelliste,
that the alleged mastermind of the escape,
convicted kidnapper Yvener Carelus, was
among the men captured after the prison break.
"He planned the escape from the inside with
a few accomplices," the minister was quoted
Prime Minister Enex Jean-Charles said the
interim government has given clear instructions
to the justice minister to "take all necessary
measures to remedy this unacceptable situa-
Judge Henry Claude Louis-Jean said Saturday
that the escapees stole an unknown number
of weapons and some exchanged gunfire with
police during the chaotic breakout.
The inmates attacked after they were released
from a crammed holding pen to bathe, accord-
ing to provincial authorities.
After the escape, the body of the dead cor-
rections officer was sprawled on the ground
and bullet holes marked the prison s main
door. Inside, the wrought iron cell doors had
been thrown open and sandals and clothing
were scattered about. Authorities held a pris-
oner who tried to flee.
Haitian prisons are notoriously overcrowded
and many inmates spend years in pre-trial
detention. It wasn t immediately clear how
many of the escaped inmates in Arcahaie were
convicted of serious crimes and how many
were awaiting trial.
Police asked jittery residents of the coastal
area to follow authorities instructions during
The USEmbassy advised all American cit-
izens to avoid the area.
Haiti authorities nab
some 1 dozen of 172
A guard lies dead inside the Civil Prison after a jail break in the coastal town of Arcahaiea. More than 100 inmates escaped after they
overpowered guards who were escorting them to a bathing area. AP PHOTO
Links Archive October 23rd 2016 October 25th 2016 Navigation Previous Page Next Page