Daily Archive: Friday, October 14, 2011

Articles published on Friday, October 14, 2011

Media freedom……PPP style

It’s hard to believe that the People’s Progressive Party spent so many of its years in the political wilderness lamenting the absence of free and fair elections in Guyana and blaming the PNC  not only on stuffed ballot boxes but on an absence of media freedom.

Jamaica Pegasus for new management

(Jamaica Gleaner) Surrey Hotel Management Limited, an outfit established and owned by Kevin Hedrickson who operates the Courtleigh Hotel and Suites, will take over operations of The Jamaica Pegasus hotel in New Kingston come Friday, October 28.

T&T PM refers Warner videotape for advice

(Trinidad Express) The video and transcripts of Works Minister Jack Warner offering advice on “gifts” from former FIFA presidential hopeful, Qatari Mohamed bin Hammam, to Caribbean Football Union officials have been handed over to the Attorney General.

Power outages hit city-wide

There was a total power outage in the capital early yesterday morning, when the installed protective device failed to clear a fault on one of the feeders from the new Kingston power plant, the Guyana Power and Light Company (GPL) said.

Warner alleges conspiracy against him, CFU

PORT OF SPAIN, Trinidad, CMC – Jack Warner has described the leaking of a video appearing to show him urging officials to accept cash gifts from former FIFA Presidential candidate Mohamed Bin Hammam as part of a “conspiracy” against the game in the Caribbean.

Vryheids Lust man on $100,000 bail over T&HD arson

A Vryheids Lust man who is purportedly  mentally challenged was accused yesterday of setting fire to the Transport and Harbours Department building on Urquhart Street when he appeared before acting Chief Magistrate Priya Sewnarine-Beharry at the Georgetown Magistrates’ Court.

Lucrative but dangerous: An interior mining outfit

Police, stakeholders to move against illegal ‘shops’

Illegal ‘shops’ situated near mining camps in Guyana’s interior gold-mining areas are being targeted for removal as part of a move by the Guyana Police Force, the Guyana Geology and Mines Commission (GGMC) and the Guyana Gold and Diamond Miners Association (GGDMA) to tackle the rising number of violent robberies in the sector.

Lendl  Simmons

Simmons delighted with maiden hundred

MIRPUR, Bangladesh, CMC – After promising much before with eight half-centuries, Lendl Simmons came good with his maiden international hundred to lead West Indies to a 40-run victory in the first One-day International yesterday.

Namilco’s example is worthy of emulation

Official and public chatter about the prospects which the 2009 official opening of the Takutu Bridge held for increasing access to Brazilian markets for goods manufactured in Guyana has more or less subsided beneath the recognition that while the completion and commissioning of the bridge was an important step in that direction, the completion of an all-weather road between Linden and Lethem was still a factor – perhaps the major factor to be considered if locally manufactured products were to benefit fully from what is a huge Brazilian market.

 Raj Rajaratnam

Rajaratnam gets 11-yr sentence, less than US sought

NEW YORK, (Reuters) – Raj Rajaratnam, a self-made  hedge fund tycoon convicted in the biggest Wall Street trading  scandal in a generation, was ordered to serve 11 years in  prison, the longest sentence ever in an insider-trading case  but far less than prosecutors sought.

Miner remanded over $4M gold robbery

A 42-year-old miner who allegedly held a man at gunpoint and robbed him of over $4M in gold was yesterday remanded to prison after he appeared before acting Chief Magistrate Priya Sewnarine-Beharry at the Georgetown Magistrates’ Court.

Banks, businesses vulnerable to credit card fraud – US report

Just days after the disclosure by New York police that several Guyanese had been arrested following the breaking up of what was described as “the biggest ID scam in American history” involving the manufacture and use of forged credit cards, a new report published in the United States says that credit and debit card fraudsters in that country remain on top of their game despite increased spending by commercial banks and other business houses on measures designed to curb their activities.

Stock market

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 429’s trading results showed consideration of $1,197,444 from 50,500 shares traded in 8 transactions as compared to session 428 which showed consideration of $4,800 from 1,000 shares traded in 1 transaction.