Daily Archive: Friday, January 4, 2008

Articles published on Friday, January 4, 2008

The IMF’s Next Mission?

This article was received from Project Syndicate, an international not-for-profit association of newspapers dedicated to hosting a global debate on the key issues shaping our world The world economy is increasingly threatened by volatile market reactions to global imbalances at a time when the IMF has largely lost its original raison d’

The Bali Road Map and its implications for Guyana

The United Nations Framework Convention on Climate Change (UNFCC) and its Thirteenth Conference of the Parties (COP 13) held in Bali, Indonesia from the 3rd -14th December 2007, agreed on a Road Map which requires Parties to the Convention to take individual and collaborative action during a two-year negotiating process 2008-2009, which seeks to finalise a post – 2012 successor Protocol Kyoto, that is reflective of the need for urgency in addressing the several core issues.

GT&T turning to communities to help end cable theft woes

Plagued by the persistent theft of its insulated copper cable that serves as the vehicle for taking telephone services to consumers and having failed to bring a halt to the practice through the intervention of either the police or its own internal security force, the Guyana Telephone & Telegraph Company (GT&T) has disclosed that it will now be turning to the consuming public in an effort to rein in the copper thieves.

Guyana has the capacity to execute CARIFESTA 2008 to high standard …Paul

Executive Director of the Tourism and Hospitality Association of Guyana (THAG) Maureen Paul has said that while she believes that there are competent persons serving on the various committees set up to plan the August 2008 Caribbean Festival of Arts (CARIFESTA) scheduled to be held in Guyana the challenge lies in the country’s “in-house capacity to provide a product to the level that will be expected of the largest cultural event of the region”.

Bravo, Dwayne!

Dwayne Bravo’s spell of exceptional stamina and high class seam bowling, of the sort that earned Courtney Walsh and Glenn McGrath more than 500 Test wickets, inspired a spirited West Indies fight as the second Test continued to ebb and flow on the second day yesterday.

Revenue body hammers home TIN message

Except for the clearing of barrels and personal effects packages, the Guyana Revenue Authority is refusing to process transactions for persons who do not have a Taxpayer Identification Number (TIN) and has been doing very little business at the Licence and Internal Revenue Offices since the year started.

Five year ban for miners accused of wrecking Mahdia road

Thirteen miners who are currently facing charges for dredging and destroying several stretches of road and a potable water supply system in Region Eight will not be issued mining privileges, sold permits or be registered to work in any mining district, the Guyana Geology and Mines Commission (GGMC) says.

Chinese businessman opens Robb St store

Speaking at the opening of a new Robb Street store, Minister of Industry and Commerce Manniram Prashad yesterday said that the business sector in Guyana is facing more competition with additional goods and foreign investment coming into the country.

$9.4B supplementary provisions approved

The National Assembly yesterday approved supplementary provisions for current and capital estimates totalling $9.398 billion and the opposition again raised questions regarding what it said was the “raiding” of the Contingencies Fund for monies that should have been covered in the National Budget.

Ministry withdraws 85 inches rain figure

Minister of Agriculture Robert Persaud says the rainfall figure of 85 inches in the upper reaches of the Mahaica/Mahaicony Creeks put out by the Hydromet Service last week was inaccurate and represented the aggregate rainfall for two weeks.

Lower VAT – Corbin urges gov’t in

The PNCR is calling on the government to do an immediate evaluation of VAT with a view to significantly lowering the 16% tax and it also flayed the Jagdeo administration over the conduct of one of its Cabinet ministers, the withdrawal of ads from Stabroek News and what it said was worsening corruption among other issues.

Two hospital staff attacked at blood bank

Two technicians, a female employed with the National Blood Transfusion Service (NBTS) and a male with the Georgetown Public Hospital lab, suffered injuries around 1.30 am yesterday at the NBTS, at the hands of a male acquaintance of the woman.

AFC to study Lall statement

The Alliance For Change (AFC) is to study Minister of Local Government and Regional Development Kellawan Lall’s “remorseless” statement on his involvement in a rum shop brawl with a teenager and firing of a weapon on November 18, last to see how it affects the motion the party has taken to Parliament.