Daily Archive: Friday, March 30, 2012

Articles published on Friday, March 30, 2012

2012 Budget Speech

1. Introduction   1.1              Mr. Speaker, I rise to move the motion for the approval of the Estimates of the Public Sector and the Budget for the Financial Year 2012 and, in so doing, I wish to indicate that, pursuant to Article 171 Paragraph 2 of the Constitution, the Cabinet has recommended that the National Assembly proceed upon this motion.

Finance Minister Dr Ashni Singh presenting the budget in Parliament this afternoon

Budget set at $192.8B

Presenting a $192.8 billion budget in the National Assembly this afternoon, Finance Minister Dr Ashni Singh announced, among other things, that old age pension will be increased to $8,100 per month,up from $7,500 and public assistance would increase to $5,500, up from $5,100.

Dominica to join CCJ

Prime Minister Roosevelt Skerrit says Dominica will join the Trinidad-based Caribbean Court of Justice (CCJ) as its final court of appeal, the Caribbean Media Corporation reported yesterday.

St Vincent envoy arrested briefly in New York

The New York Police Department (NYPD) said that St. Vincent and the Grenadines’ Ambassador to the United Nations, Camillo Gonsalves, was arrested and placed in handcuffs yesterday after he refused to identify himself, according to the Caribbean Media Corporation.

Sir Garry offers sound advice

(Barbados Nation) Barbados’ next generation of cricketing stars have been told that they have wonderful opportunities which should not be wasted but which should be fully exploited to better themselves and the region.

T&T in big oil find

(Trinidad Express) The people of this country can expect better times ahead as State- owned Petrotrin has struck “black gold” with the discovery of 48 million barrels of crude oil, Prime Minister Kamla Persad-Bissessar said yesterday.

Henry Greene

Court blocks rape charge for Greene

Acting Chief Justice Ian Chang yesterday ruled against the advice by the Director of Public Prosecutions (DPP) to charge Police Commissioner Henry Greene with rape, finding that it was irrational as the circumstantial evidence did not present a realistic prospect of a conviction.

Igris Bob-Blackman

Desiree Jeffers for trial over murder of husband

Desiree Jeffers, accused of murdering her reputed husband and dumping his body in the septic tank aback their 622 Parfait Harmonie, West Bank Demerara home between January 19 and 20 of last year was yesterday committed to stand trial in the High Court when she appeared at the Wales Magistrate’s Court.

Danuta Radzik

Decision on Top Cop upsets women’s activists

Women’s rights activists are disappointed at the decision to overturn a recommendation that Police Commission-er Henry Greene be charged with rape, and a call was made for him to answer for professional misconduct over the admission that he had sex with his accuser.

GGMC probing fraud related to overseas mining company

The Guyana Geology and Mines Commission (GGMC) at the behest of the Ministry of Natural Resources and the Environment has initiated an investigation involving the Audit Office and Police into the fraudulent conversion of funds related to prospecting and mining permits for an overseas mining company.

Trinidad looking for Revenge against Barbados

PORT OF SPAIN, Trinidad, CMC – Trinidad and Tobago will be looking to go one better this year when they clash with perennial archrivals Barbados in one of two semi-finals in the Regional Four-Day Championship starting at Queen’s Park Oval here today.

Who’s who in Guyana Powerlifters Team in USVI

A 12-member team of  Guyana’s  foremost  powerlifters is currently in St Thomas,  United States Virgin Islands (USVI)  competing in the two-day sixth annual North American Powerlifting Federation Caribbean Powerlifting Championships which commences today.

Tennis association AGM today

Nominations for the position of president of the Guyana Lawn Tennis Association (GLTA) will be made when the body hosts its Annual General Meeting (AGM) and elections of office bearers today from 5:30pm at the Georgetown Sports Club, Camp Street.

Suriname Airways

There was no mistaking the sense of optimism and enthusiasm in the tone of Suriname Airways Guyana Representative Rudi Westerborg during the briefing which he gave this newspaper earlier this week on the airline’s new twice weekly service between Georgetown and Miami which commences on April 3.

Ad was not perceived to be degrading

Dear Editor, With respect to the letter by Ms Sherlina Nageer published on March 27, 2012 under the caption ‘The stereotypes perpetuated in Ghansham’s ad for Alesie still play a huge role in oppressing Guyanese women today,‘ we took good notice and explain hereunder: The Alesie Group of Companies is a three generations old company and is deeply moved by the farmers’ plight and supports all movements for equality.

Woman and neighbour in court after fracas

A woman and her young male neighbour were placed on $15,000 and $12,000 bail respectively when they appeared before Magistrate Hazel Octave-Hamilton at the Georgetown Magistrates’ Court yesterday to answer charges of unlawful wounding, common assault and malicious damage to property.

Rangana Herath

Herath the hero as Sri Lanka beat England

GALLE, Sri Lanka, (Reuters) – Left-arm spinner Rangana Herath claimed a career-best match haul of 12 wickets to propel Sri Lanka to a 75-run victory in the first test yesterday as England slumped to their fourth defeat in a row.

LUCAS STOCK INDEX  The LSI declined 4.84 percent in the fourth week of trading in March 2012.  The decline was on account of a 9.33 percent drop in the price of the stock of Banks DIH (DIH) and the light trading on the exchange this week.  The stocks of DIH were joined by those of Demerara Distillers Limited (DDL) in trading this week, with the latter showing no change.  The loss pushed the index down to just 2.43 points above the Treasury yield.

Wanted: Public Assistance

Public Accountability Most times when there is an appeal for public assistance, it is the Police seeking help finding a suspect or some vulnerable community or needy individuals in search of government aid. 

Thirteen killed in Honduras prison fight

TEGUCIGALPA, (Reuters) – At least 13 people were killed in a prison fight in northern Honduras yesterday, spotlighting the country’s dysfunctional prison system just weeks after a fire in a different jail killed more than 300 inmates.

Food and Drugs Department hard-pressed to halt import of mercury-laden beauty products

Stakeholders in Guyana’s multi-million dollar cosmetics industry may have noted the recent disclosure by the Ministry of Health’s Food and Drugs Department (FDD) regarding the presence in skin lighteners and other beauty products of potentially harmful levels of mercury, but are not prepared to go public on an issue which Head of the FDD Marilyn Collins says we have every reason to worry about.

Brazil World Cup legislation moves closer to passage

BRASILIA,  (Reuters) – Brazilian lawmakers on Wednesday moved a step closer to passing a long-delayed measure key to preparations for the 2014 soccer World Cup, breaking a gridlock in Congress that threatened to delay President Dilma Rousseff’s legislative agenda this year.

Business Briefs

More buyers at EXPO Jamaica this year The Jamaica Promotions Company (JAMPRO) has announced that that is is bringing at least 60 per cent more overseas ‘buyers’ to the Expo Jamaica trade show this year.

Canada scraps some skilled immigrant applications

OTTAWA,  (Reuters) – Canada plans to eliminate a backlog of stale immigration applications by skilled workers, in a potentially controversial move designed to enable immigrants whose skills are in greater current demand to enter the country faster.

BRICS flay West over IMF reform, monetary policy

NEW DELHI, (Reuters) – Leaders of the BRICS group of emerging market nations pressed Western powers to cede more voting rights at the IMF this year and flayed the rich world’s reflationary monetary policies for putting global economic stability in jeopardy.

‘Bush tea’ danger seen in UWI studies

(Jamaica Observer) Popular bush remedies, or ‘bush teas’ widely consumed in Jamaica and other Caribbean nations have been found to be potentially harmful in recent scientific studies and appraisal by the University of the West Indies (UWI), Mona, St Andrew.

A newly married couple “throwing back” on a beach in St Lucia after their “Barefoot Bliss” wedding ceremony

Government to explore amendment to law to facilitate wedding tourism

Guyana is seeking to position itself to take advantage of the potentially lucrative wedding tourism niche in the regional visitor arrival market currently being enjoyed by other countries in the Caribbean though the initiative will require amendments to the country’s existing Marriage Act to reduce the length of time which visitors are required to be in Guyana before they can tie nuptials here.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 453’s trading results showed consideration of $1,059,385 from 78,653 shares traded in 10 transactions as compared to session 452 which showed consideration of $6,886,610 from 297,214 shares

The Pope in Cuba

From his arrival in Cuba’s second city, Santiago, on Tuesday, to his departure from the capital, Havana on Wednesday, Pope Benedict XVI, spoke with all the moral authority and diplomatic skill befitting the spiritual leader of the world’s one billion Roman Catholics.

Nadal fends off Tsonga, ailing Murray advances

KEY BISCAYNE, Florida,  (Reuters) – World number two Rafa Nadal was pushed all the way by France’s Jo-Wilfried Tsonga before finally emerging with a 6-2 5-7 6-4 victory to earn a place in the semi-finals of the Sony Ericsson Open on Wednesday.