Daily Archive: Friday, June 25, 2010

Articles published on Friday, June 25, 2010

Christopher Coke

‘Dudus’ in US custody

NEW YORK,  (Reuters) – Alleged drug kingpin  Christopher “Dudus” Coke was extradited to the United States yesterday to face narcotics trafficking charges, after waiving  his right to a trial in Jamaica.

Pearly Kunja

Hung jury in wife human torch murder trial

Dilip Lambert will face trial again for the murder of his wife at the next assizes after a hung jury returned to the courtroom of Justice Roxane George following several hours of deliberations yesterday, unable to reach a unanimous or near unanimous verdict.

Evan Radhay Persaud

UG lecturer Evan Persaud cleared on allegations

-to be reinstated with stern warning University of Guyana (UG)  lecturer Evan Radhay Persaud, who was accused of victimizing students and engaging in sex talk during lectures, was cleared of the allegations yesterday after a committee set up to investigate the claims found a lack of evidence.

 Gavin Lewis in action.

Gavin Lewis wins boy’s title

Number one seed, Gavin Lewis once again retained his top ranking when he defeated Daniel Lopes 6 – 2, 7 – 6 in the boy’s singles final of the Guyana Bank for Trade and Industry (GBTI) Tennis Tournament on Wednesday night at the GBTI Sports Club, Bel Air Park.

Fixtures for Friday June 25, 2010

10:00am: Portugal vs Brazil Moses Mabhida Stadium, Durban 10:00am: North Korea vs Ivory Coast Mbombela Stadium, Nelspruit 2:30pm: Switzerland vs Honduras Free State Stadium, Bloemfontein 2:30pm: Flag of Chile vs Flag of Spain Loftus Versfeld Stadium, Pretoria

Father Time catches up with poor Italy

JOHANNESBURG,  (Reuters) – Father Time finally caught  up with poor old Italy yesterday when they were deposed as  world champions after suffering a dramatic and shocking 3-2  defeat at the hands of World Cup debutants Slovakia.

Dutch march on with 2-1 win over Cameroon

CAPE TOWN, (Reuters) – Netherlands continued their  impressive charge at the World Cup when they beat Cameroon 2-1  yesterday to make it three wins out of three in Group E and  advance to a last 16 meeting with Slovakia.

Paraguay progress, NZ exit unbeaten

POLOKWANE, South Africa, (Reuters) – Paraguay eased  into the last 16 of the World Cup with an unadventurous draw  against a New Zealand team that exit the tournament undefeated  and with their heads held high.

India outplay Sri Lanka in Asia Cup final

COLOMBO, (Reuters) – India outplayed Sri Lanka in  all departments of the game yesterday to win the Asia Cup  final by 81 runs and record a fourth win in seven tournament  finals under the captaincy of Mahendra Singh Dhoni.

Finance Minister Ashni Singh

Private sector frustrated with govt policy

– Economic Intelligence report * feels official 2009 growth figures ‘overstated’ A recent Country Report on Guyana published by the London-based Economic Intelligence Unit (EIU) points to an uneasy relationship between the government and the private sector despite a net increase in private investment in the country’s economy last year.

IPED’s South Road Head Office

IPED loans topped $1.7B last year

– 58% of borrowers were micro clients – Agri projects dominate The Institute of Private Enterprise Development (IPED) continues to raise its profile as the country’s flagship institution for lending and capacity building in the micro, small and medium enterprise sector, turning in yet another year of eye-catching performances.

Business Editorial

Serious charges: The Economist Intelligence Unit Country Report on Guyana There is no mistaking the bluntness in the April 2010 Country Report on Guyana by the Economist Intelligence Unit, particularly its undisguised challenge to the veracity of the figures proffered by Finance Minister Ashni Singh in support of official assertions of growth in the country’s economy in 2009.

 from left Mr. Eusi Evelyn, Founder/Director, RACD, center, Mr. David Haskins, Edexcel Regional Quality Assurance Manager & External Examiner and Mr. Jimmy Bhojedat, Director/Lecturer of RACD.

Business training boost to flow from agreement between local College and leading UK academic accreditation body

The Royal Academy of Career Develop-ment, (RACD) a local training institution that provides specialized academic courses in various business-related disciplines has concluded an agreement with EDEXCEL, UK, the United Kingdom’s largest awarding body offering academic and vocational qualifications and testing in schools, colleges and other institutions of learning and elsewhere.

Rainy days ahead

A heavy downpour yesterday left several parts of Georgetown and parts of the coast under water and Guyana is expected to experience frequent periods of rainfall within the next few days.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 361’s trading results showed consideration of $4,104,028 from 363,125 shares traded in 16 transactions as compared to session 360 which showed consideration of $792,983 from 68,857 shares traded in 9 transactions. 

“Political risk everywhere” here to stay

By Peter Apps, Political Risk Correspondent LONDON, (Reuters) – Not so long ago, political risk  was mostly regarded as a hazard in emerging but not developed  markets, except perhaps for trading in oil and other commodities  sourced from perceived “dangerous” places.

BBC Caribbean News in Brief

OECS union turned down The new Trinidad and Tobago government has confirmed that it will not go ahead with the proposed economic and political unification with countries of the Organisation of Eastern Caribbean States.