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Ben_spanna wrote:zoom rader wrote:County for sale under PNM
Oh well back to he planation for PNM ppl
YEs we should start by throwing chains and shackles on every inmate in our prison system, stop letting them sit in there and relaxing and calling shots, chain them up and put them in the hot to do manual labor to pay for their stay in prison, and yes WHIP them MC when they playing they dont want to work.
maj. tom wrote:Josef Mengele had similar ideas. Exact ideas. The Nazis used concentration camp inmates doing exactly what you said above. Dunno if it's because you want attention or that you are a mentally deranged Batman type supremacist. When you say disgusting things like that then no one would listen to your opinion. You are establishing to everyone here that you are an extremist. You're setting yourself apart from the rules of humanity. You're now on an FBI watch list for talking about your Nazi terrorist ideas. Have to ignore you like RedVEVO.
antlind wrote:Republic of Trinidad and Tobago (owned by China)
maj. tom wrote:But where you get the idea that anyone wants to reward and coddle rapists and murders? They don't go to prison? That's a nice place? You seem to be making up situations and stories in your head so you can spew your Nazi sheit here.
CHINA EXPANSION INTO T&T’S CONSTRUCTION INDUSTRY
How China’s latest push is part of a longer-term strategy.
In its latest infrastructure development, the Government of Trinidad and Tobago announced that the Curepe interchange will be built by China Railway Construction Corporation. The estimated TT$221 million price tag is whopping TT$179 million less than what was proposed in 2015 by local contractors Lutchmesingh Transport Company and Vinci Construction.
China’s growing influence within Trinidad and Tobago’s construction industry is nothing unique to this country but a rather part of a global effort by China to cement its status as the global leader in trade and investment. As part of its initiative to redefine the global value chain, the Chinese government has actively encouraged Chinese contractors to compete for overseas contracts. A primary lever for its growing influence is the ability of these Chinese contractors to tap into facilities offered by the Export-Import Bank of China (CEXIM) and China Development Bank (CDB). With the application for these contracts being further enhanced by the support from both the Chinese government and its respective foreign dignitaries. With lending rates as low as 2% - 3% plus additional credit and logistical support, Chinese contractors can potentially underbid mostly any competitive tendering process.
In 2017, total foreign direct outflows from China amounted to US$158 billion dollars, accounting for over 10% of the global direct investment. Latin America and the Caribbean have been major recipients of Chinese FDI outflows averaging $10.3 billion per year, for the last 7 years. Trinidad and Tobago have been able to tap into these outflows through strengthening its ties with the People’s Republic of China. These relationships have enabled the local government (both past and present) to effectively widen their sources of financing. And why shouldn’t they? Especially when the lending party is willing to engage in project financing well below global market rates with an arguably relaxed due diligence process. The attractiveness of these infrastructure and investment packages are specifically manufactured to target frontier economies. These packages are ergonomically designed to meet the financial mandates for any government under-going fiscal expansion or contraction.
Open-ended loans, flexible lending rates, G2G agreements, and public-private partnerships, are among the arsenal of economic tools China uses to enhance the flexibility of its FDI packages. For instance, under the People’s Partnership government, borrowings from Chinese banks peaked at approximately 10% of total external borrowings in 2013. Opposingly, limited by financial constraints, the current PNM administration has shifted to Public-Private Partnerships (PPP) with Chinese state-owned agencies as an alternative rather than further increasing its external debt burdens (see graph 1).
The Timetric’s Infrastructure Intelligence Center (IIC) estimates that as at 2017, 31% ($17.1 trillion) of the total global infrastructure project value is Chinese sponsored, with 16% of the total global project number involving Chinese contractors. This tectonic shift in infrastructure and investment policy from China has occurred within the last decade. Between 2009 to early 2019, Chinese contractors and advisors have aggressively lobbied the GROTT, to engage in their services. With over USD$1.5 billion dollars being spent on high profile social development projects (see table 1).
The willingness of the T&T government to entertain the services of Chinese contractors have further been exacerbated since the decline in local energy output and global prices. In the face of declining revenues and higher borrowing costs, the government has been forced to engage in these services to prevent investment stagnation. Over the last decade, annual Capital Expenditure by the T&T government has declined by 58% in total dollar value (see graph 2).
Given the reduction in expenditures and the appeal of using Chinese contractors, this has left local contractors in an untenable situation especially for those reliant on government contracts.
While one can argue that the introduction of Chinese contractors into a bidding process can effectively reduce the burden on taxpayers given the added competitive pressures. Opponents to China’s inclusion, citing that such a situation comes at a cost to local businesses and a country’s economic security. China’s G2G or B2G agreements are heavily skewed in favor of China, with applicants required to use a specified amount of Chinese content and capital in their local infrastructure development. Opponents further highlight the possibility of a country falling into China’s “debt trap” and add that while China’s inclusion into the bidding process does drive prices down, it has a high possibility of increasing corruption in frontier economies.
In Trinidad and Tobago’s case, China will continue to be a strategic partner and lender. This relationship does not hint at slowing down in the near future as Trinidad and Tobago have a unique appeal to China when compared to its CARICOM partners. T&T’s energy resources and geographic position makes it an ideal location for trade and investment, which China recognizes. With both the European Union and the United States expanding its criteria and stringency on outward FDI programs, China is more than happy to liberalize its own global FDI policy. Trinidad and Tobago policymakers should note that while China is keenly pursuing this relationship there is a social expense and should actively scrutinize all Chinese FDI inflows in a transparent and financially prudent manner to keep public suspicion at bay.
redmanjp wrote:antlind wrote:Republic of Trinidad and Tobago (owned by China)
Chinatown probably only the start
Slartibartfast wrote:redmanjp wrote:antlind wrote:Republic of Trinidad and Tobago (owned by China)
Chinatown probably only the start
Hey you guys remember than time in Tiananmen square when China didn't want to dispose of the of their own citizens that they killed to they just ran them over with military tanks until their bodies turned to mush and they could just be hosed off the street into the drains and sewers. Hahahahaah. Woah yeah! Good times.... trivialising the issue of being even partially under Chinese control is definitely something to joke about.
Look at how we badly we treat venes because they not from here. They did that to their own people. How much you think they going to care about what happens to us?
Slartibartfast wrote:redmanjp wrote:antlind wrote:Republic of Trinidad and Tobago (owned by China)
Chinatown probably only the start
Hey you guys remember than time in Tiananmen square when China didn't want to dispose of the of their own citizens that they killed to they just ran them over with military tanks until their bodies turned to mush and they could just be hosed off the street into the drains and sewers. Hahahahaah. Woah yeah! Good times.... trivialising the issue of being even partially under Chinese control is definitely something to joke about.
Look at how we badly we treat venes because they not from here. They did that to their own people. How much you think they going to care about what happens to us?
PNM is the best brosMASH wrote:all them sycophants that think their party is the best, and can do no wrong, that is the kinda of government they need self.
Slartibartfast wrote:redmanjp wrote:antlind wrote:Republic of Trinidad and Tobago (owned by China)
Chinatown probably only the start
Hey you guys remember than time in Tiananmen square when China didn't want to dispose of the of their own citizens that they killed to they just ran them over with military tanks until their bodies turned to mush and they could just be hosed off the street into the drains and sewers. Hahahahaah. Woah yeah! Good times.... trivialising the issue of being even partially under Chinese control is definitely something to joke about.
Look at how we badly we treat venes because they not from here. They did that to their own people. How much you think they going to care about what happens to us?
Dizzy28 wrote:And thus China ensures no developing country dare takes Hong Kong (or even Xinjiang/Tibet/Taiwan's) side.
All these "gifts" are to ensure compliance to all their atrocities.
This programme is offered both on a full-time and part-time basis and is delivered using an applied science of teaching and learning where theory is used to engage in addressing business dilemmas.
Year 1, Term 1 Fundamentals of Management
English Usage
Sociology
Pre-College Mathematics
Year 1, Term 2 Finite Mathematics
Introduction to Financial Accounting
Understanding Human Communication
Year 1, Term 3 Calculus
Business Communication
Spanish I OR Business Chinese I
Micro Economics
Year 2, Term 1 Macro Economics
Quantitative Methods I
Business Spanish OR Business Chinese II
CL Marine and its subsidiaries have been acquired by the GORTT under the company name National Marine and Maintenance Services Company Ltd.Monk BANzai wrote:Any Details on the Gov't recent purchase of the Drydock that was in CL's hands at one point?
Seeing some brokko comments floating around in the ppl dem Political Scientists Whatsapp groups...
redmanjp wrote:china needs to compensate us for all the fallout from covid
Monk BANzai wrote:Any Details on the Gov't recent purchase of the Drydock that was in CL's hands at one point?
Seeing some brokko comments floating around in the ppl dem Political Scientists Whatsapp groups...
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