Daily Archive: Sunday, September 27, 2009

Articles published on Sunday, September 27, 2009

Christopher Ram

What’s happening at the New Building Society?

Business Page Introduction How can a financial institution that just a few months ago boasted about a “liquidity of 40% of the total assets or 47% of members’ funds, a position exceeding the approved industry standard” – whatever that means – suddenly start telling current and potential loan customers to come back in six to eight months time?

Dr Clive Thomas

Global recovery and downside risks

Guyana and the wider world Optimism The current state of the global economic crisis, one year after the financial meltdown of last September (2008), provides a crucial backdrop for consideration of the third, and final lesson to be learnt from global and national efforts to cope with economic recession, financial crisis and the credit squeeze.

Narsingh Deonarine hits out for another six in his resistant yet futile innings. (Orlando Charles photo)

Guyana/T&T Twenty20 Series

Trinidad and Tobago’s cricket team recorded a comfortable victory against the Guyana Daredevils in the first of two Twenty20 warm-up matches at the Providence National Stadium on Friday night.

Water supply upgrade for Annandale

The water company has embarked on an upgrading programme for Annandale community, which will benefit from pumps and motors to assist with its water supply, Minister of Housing and Water Irfaan Ali told residents last week.

Home-made pontoon

There might be a water shortage but these children from Paradise found enough water in the trench to float their home-made pontoon yesterday. 

Poisoned chalices and freelance agents

Ernest Hilaire would have been better advised not to get involved in such issues even before taking up his sensitive position as the latest chief executive of the West Indies Cricket Board (WICB) but his stated doubts last week over Chris Gayle’s reappointment as captain, should he and the striking players be eligible for the forthcoming tour of Australia, were well founded.

 Edwin Carrington

The future of the Caribbean is in services

The View From Europe Nearly two decades ago, a former Caribbean minister with an unconventional background would try to shock those that he met into recognising that agriculture in the region was dying and that it was the services sector that represented the future.

Middle East Oil Realism

Shlomo Ben-Ami, a former Israeli foreign minister who now serves as the vice-president of the Toledo International Centre for Peace, is the author of Scars of War, Wounds of Peace: The Israeli-Arab Tragedy.

Chavez, Gaddafi seek new world order

PORLAMAR, Venezuela (Reuters) – Venezuela’s  socialist President Hugo Chavez urged colleagues from Africa  and South America to help form a “multipolar” world yesterday  at a summit intended to counter Western economic dominance.

Crash

Not so fabulous: This car ended up wound around a post on Public Road, Kitty, yesterday.

Filling

Filling a water container in Bachelor’s Adventure yesterday (Photo by Jules Gibson)

A car trying to manoeuver the pot holes along First Bridge Street in the Grove New Housing Scheme.

Road makes life bumpy at Grove

The residents who live in the First Bridge Street in the Grove New Housing Scheme are appealing to the authorities for their road to be fixed, since its deplorable state is making life in the community difficult.

Mabey and Johnson affair

(Jamaica Gleaner) Embattled Jamaica Labour Party (JLP) Member of Parliament, Joseph Hibbert, said he was not contemplating stepping down as Member of Parliament (MP) in the wake of fresh allegations that he received more than £100,000 from British bridge-building company, Mabey and Johnson Limited.

GPL expansion deal moving ahead

The final contract for the US$40M project for the Guyana Power and Light (GPL) to expand its transmission and distribution systems in Demerara and Berbice is expected to be negotiated in October, Chief Executive Officer (CEO) of GPL Bharrat Dindyal says.

El Nino

As the El Nino phenomenon takes its toll, residents of Dazell Housing Scheme in Paradise, East Coast Demerara, wait while their buckets fill with water.

Hamilton storms to Singapore pole position

SINGAPORE, (Reuters) – World champion Lewis Hamilton  put McLaren on pole position for today’s Singapore Grand Prix  after title contender Rubens Barrichello crashed in the dying  seconds of Saturday’s qualifying.

MCY&S/NSC Day of Interaction on today

The first Day of Interaction for this year, organized by the Ministry of Culture, Youth and Sport/National Sports Commission, gets underway today at the Better Hope Community Centre Ground, East Coast Demerara at 9.30am.

AG keeps name close to his chest

(Trinidad Express) Attorney General John Jeremie told the Senate on Friday night that he is “not going to abuse Parliamentary privilege” by naming the former chief legal officer whose error he claimed had cost the country $1 billion.

Easing the burden

Easing the burden – for the donkey at least. Stabroek News cameraman Jules Gibson caught this donkey standing in his own cart being towed by a horse pulling a draycart in Sheriff Street yesterday.

Recording

Recording The week before last a recording was released purporting to implicate a public official in impropriety, namely, the solicitation of a minor.