Daily Archive: Friday, May 4, 2012

Articles published on Friday, May 4, 2012

Golding backs minister on oversight panel

(Jamaica Observer) Prime Minister Bruce Golding says the oversight panel appointed by Transport and Works Minister Dr Omar Davies to oversee three major Government projects does not undermine the role of the contractor general who had expressed concerns about the contractual procedures relating to the projects.

Haiti’s foreign minister approved as new premier

PORT-AU-PRINCE,  (Reuters) – Haitian lawmakers approved the nomination of a close adviser to President Michel Martelly as prime minister on Thursday, raising hopes of ending a political stalemate that has stalled reconstruction efforts after Haiti’s devastating 2010 earthquake.

From left are Rickford Vieira, Deputy Commissioner, GGMC; Ms. Karen Livan, Commissioner, GGMC;  Robert M. Persaud, Minister of Natural Resources and the Environment;, Major General (rtd) Joseph Singh, Chairman, Board of Directors, GGMC and Patrick Harding, President, Guyana Gold and Diamond Miners Association.  (Ministry of Natural Resources and the Environment photo)

No permit? No mining

“If you don’t have a permit, don’t go to the mining community,” Minister of Natural Resources and the Environment Robert Persaud  yesterday warned as he announced plans to intensify ‘Operation El Dorado,’ which targets illegal miners.

Chris Gayle

Gayle set for Windies return

BRIDGETOWN, Barbados, CMC – Estranged West Indies batsman Chris Gayle has turned down the Somerset Twenty20 contract in order to make himself available for the limited overs phase of West Indies’ tour of England next month.

CGX still mum on Eagle 1 drilling results

Almost three months into what was intended to have been a six-week offshore campaign, officials are tight-lipped about the state of the drilling at the CGX Energy Inc’s 100 percent operated Eagle 1 well which should have been completed by the end of April, leading to the belief that oil was not found in commercial quantities.

Pakistan’s Asif released from prison

LONDON, (Reuters) – Pakistani pace bowler Mohammad Asif was released from prison in Britain yesterday after serving half of a one-year term for involvement in a match-fixing scam that shook the world of cricket.

Region Ten Chairman  Sharma Solomon

Linden wants to administer business development projects

Just days after President Donald Ramotar’s undertaking that government will provide support for accelerated job-creation in Linden, Region Ten Chairman Sharma Solomon has told Stabroek Business that state-initiated programmes designed to generate private sector activity in the mining community must not only have the backing of the community, but must be free of official controls that place unacceptable limits on Lindeners’ ability to determine how such programmes are managed.

Dwight Peters

Youthful Jaguars hold Martinique to 2-2 draw

Second half goals by Alpha United duo Anthony “Awo” Abrams who was the captain on the night and winger Dwight Peters earned the youthful Jaguars a hard fought 2-2 draw against Martinique at the Stade Georges on Wednesday evening in the city of St.

Teen accused of assaulting relatives

Magistrate Hazel Octive-Hamilton granted a 17-year-old boy charged with assaulting his aunt and uncle $15,000 bail while the said relatives were each placed on $10,000 bail for using abusive and threatening abusive language towards him, when the case was heard on Wednesday.

LUCAS STOCK INDEX No stock trades occurred in the last week of April 2012.  As a result, the difference between the index and the yield of the 364-day Treasury Bills remained unchanged.

Stress test of a different kind (cont’d)

Targets Two things are obvious from the preceding week’s presentation.  The first is that both financial and non-financial institutions are targets of the FATCA law, and the other is that the new rules affect them in similar ways. 

‘Misguided by a news report’

Dear Editor, I wish to respond to Ms Audreyanna Thomas who has allowed herself to be misguided by a news report carried by Capitol News over a week ago and in the process was caught up in a sinister plot to once again portray me in a bad light (‘Senior public officers should be careful about their language in public…’ SN, April 30).

NCN sees job losses in state media from budget cuts

The state-owned National Communications Network Inc. sees the possibility of job losses in the state media resulting from the $21 billion in cuts to the national budget  and has condemned the  private media, the GHRA   and the GPA over their refusal  to speak out in support of the professionals who may be affected.

Imports for greater scrutiny

The Government Analyst Food and Drug Department says it is encouraged by recent cooperation agreements it has forged with the Guyana Revenue Authority (GRA), which will allow it to inspect imports at the various ports-of-entry prior to them being released on the domestic market.

Neil Wagner

Wagner named in NZ team for West Indies tour

(Reuters) – South African-born pace bowler Neil Wagner was fast-tracked into New Zealand’s test squad yesterday for their tour of West Indies, just two weeks after receiving approval from the International Cricket Council to be selected despite not meeting residency requirements.

Bob Baffert

Kentucky Derby looms as wide open race

LOUISVILLE, Kentucky, (Reuters) – Tomorrow’s $2.2 million Kentucky Derby is looming as one of the most open in its 138 years with at least 12 of the 20 entrants having a genuine shot at winning America’s famous and revered horse race.

*Prices only represent the average Wholesale Farmgate and Retail Prices at the above mentioned markets and are NOT prices set by the Guyana Marketing Corporation or Ministry of Agriculture.

The World Bank’s wrong choice

By Jagdish Bhagwati NEW YORK – The selection of the American nominee Jim Yong Kim as Presi-dent of the World Bank, over Nigeria’s finance minister, Ngozi Okonjo-Iweala, who was overwhelmingly regarded as a vastly superior candidate, is impossible to condone but easy to explain.

A more forthcoming business sector

The traditionally conservative nature of local umbrella business organisations sometimes makes sound and effective reporting on matters of business and the economy particularly challenging since issues and questions often arise outside the scope of information that is provided in the reports that are made public by those organisations.

Bajan businessman angered at Jew comment

(Barbados Nation) Prominent businessman Jacob Hassid yesterday responded with shock and anger to union boss Sir Roy Trotman’s labelling of him as an “Egyptian Jew”, while warning that such an “unfair and unjust” attack could stir up racial hatred in the country.