Welcome to Trini.Online, for everything Online in T&T.
Trinidad is a blessed island that was dedicated and named after the Holy Trinity when it was discovered by Christopher Columbus in July 1498 during his third voyage. In 1889 the islands of Trinidad and Tobago were combined into one colony. This nation became independent in 1962. Subsequently in 1976, the country severed links with the British monarchy and became a republic within the Commonwealth.
Clues of its rich natural resources first became evident in 1595, when Sir Walter Raleigh found the Pitch Lake at La Brea. He realized that it was an ideal substance for caulking his ships and sailed away with several barrels of the substance. Trinidad has the largest of the world’s three natural asphalt lakes, the other two are located at La Brea Tar Pits, Los Angeles and Lake Guanoco in Venezuela. The lake is approximately 250 feet deep, and covers a surface area of 100 acres.
Moreover in 1857, crude oil was first struck at a depth of 280 feet at La Brea. Since that time this nation has been able to develop its economy and earn foreign exchange by the export of oil and natural gas. The manufacture and export of ammonia and methanol followed more recently. In spite of the early exploitation of these natural resources, successive governments have been unable to sufficiently diversify the economy to reduce the nation’s dependence on these finite energy resources as a source of revenue and foreign exchange.
In general, most nationals of Trinidad and Tobago enjoy a fairly comfortable lifestyle with free education up to tertiary level and subsidized housing. However, while in mid-2014 oil prices were around US$108 per barrel, by the beginning of 2015 this price fell to about US$44 and has not varied far from this since. In December 2015, the Central Bank Governor, Mr. Jwala Rambarran declared that because of successive quarters of economic decline that the nation was in a recession. While others may want to haggle on words and argue that the economy has stagnated. The truth is that things do not look too bright in the immediate future. A couple steel manufacturing companies have taken this as a signal to start laying off their workers, crushing their dreams of a bright Christmas.
But in addition to this, Mr. Rambarran went on to reveal to the nation the top companies that are burning through the foreign exchange reserves. The list included foreign and locally based mega-retail store chains and new motor vehicle companies. This of course is a major area of concern now since over the last year, the nation’s foreign exchange earnings has now declined to about 50% of what is used to be. More disturbingly are the utterances of the newly installed Minister of Finance, Mr. Colm Imbert about cracking open the piggy bank of the Heritage and Stabilization Fund. In addition to this, the government had to increase its borrowing limits in order to cover debts that were racked up by the last administration in a vain attempt to retain office.
Here is where Trini.Online makes its entrance. Over the last few years of plenty, we have all made purchases of consumer goods that we either no longer use or have need of. Items seem to be no longer fashionable ever so very quickly, especially things like cellular phones and video games. Nothing may be wrong with them, but we just needed to have the latest one. We believe that we can help stem the flight of our foreign exchange by offering a friendly environment where it will be easy to resell good items that you no longer use. The benefits are as follows:
- You can get cash for items that may be just collecting dust in your home or office;
- You can get good deals on items, while indirectly saving the nation’s foreign exchange;
- Items can be redeployed in new environments, where full use can be made of them; and
- By reselling items instead of eventually dumping them, the impact on the landfills is reduced.
Running a basic 30-day, 2-picture Classified Ad on this website will always be free, this is our contribution to saving T&T. We invite you to use this website, and each of us making a small contribution can help our economy in these troubled times.