Stabroek Weekend

LUCAS STOCK INDEXThe Lucas Stock Index (LSI) remained unchanged in trading during the second period of June 2015. The stocks of six companies were traded with 138,479 shares changing hands. There were no Climbers and no Tumblers. In the meanwhile, the shares of Banks DIH (DIH), Demerara Bank Limited (DBL), Demerara Distillers Limited (DDL), Demerara Tobacco Company (DTC), Guyana Bank for Trade and Industry (BTI) and Republic Bank Limited (RBL) remained unchanged on the sale of 5,625; 33,800; 75,467; 12,500; 50 and 11,037 shares respectively.
LUCAS STOCK INDEXThe Lucas Stock Index (LSI) remained unchanged in trading during the second period of June 2015. The stocks of six companies were traded with 138,479 shares changing hands. There were no Climbers and no Tumblers. In the meanwhile, the shares of Banks DIH (DIH), Demerara Bank Limited (DBL), Demerara Distillers Limited (DDL), Demerara Tobacco Company (DTC), Guyana Bank for Trade and Industry (BTI) and Republic Bank Limited (RBL) remained unchanged on the sale of 5,625; 33,800; 75,467; 12,500; 50 and 11,037 shares respectively.

GuySuCo needs an IMF-style structural adjustment programme to survive

No-nonsense programme   When a country runs into financial trouble, it turns to the IMF for help, and depending on its level of development and financial health, the IMF gives it a structural adjustment programme to suit.

Special finds

We’re getting a good dose of negative Guyana news of late and justifiably so – whatever the process requires we have to work through these things; I will spare you the list.

The end of solitude

There are, you may be surprised to read this Sunday, more important things than constitutions, the results of elections, the making and unmaking of presidents and the first steps, and missteps, of a brand new government.

UN makes fool of itself rewarding Venezuela

What a joke! Venezuela, a country facing severe food shortages where people have to make long lines in hopes of finding milk, flour or coffee, has just received an award from the United Nations Food and Agriculture Organization for its allegedly great success in combating hunger.

Correspondent banking is in danger of collapse

A few days ago the London Financial Times carried an interesting commentary on the growing problem that financial institutions in smaller nations such as those in the Caribbean are having in establishing or maintaining a relationship with correspondent banks in North America, Europe or other parts of the developed world.

Doing jobs properly

The new government is going to need to plan wisely and execute efficiently, but of the two I think the actual doing is where the nation has lately been falling way short and is where a huge improvement is essential.

Scrubbed,cut & seasoned
Photo by Cynthia Nelson

Sweet Potato Fries

I have a special place in my heart for French Fries but give me a plate full of freshly harvested sweet potatoes that have been converted to oven-fries and I would easily find myself torn.

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