Daily Archive: Friday, March 20, 2020

Articles published on Friday, March 20, 2020

Clairmont Mingo

Six parties call for vote recount

Six of the ten political parties which contested elections in Region Four have welcomed the call for a recount of votes and called for the Guyana Elections Commission (GECOM) to facilitate the security of all the ballots cast on March 2, 2020.

 Winston Jordan

Full Court dismisses Jordan’s contempt appeal

The Full Court of the High Court on Monday dismissed an appeal which was brought by Minister of Finance Winston Jordan, who had been found guilty of criminal contempt and ordered to be imprisoned for 21 days for non-payment of over US$2.2 million owed to Trinidad company Dipcon.

ACDA wants recount of all votes

The African Cultural and Development Association (ACDA) has declared itself undeterred by threats of international sanctions and committed to a resolution of the current elections crisis via a verified recount of all electoral districts as legally permitted under the Constitution, under the supervision of CARICOM in chronological order from one to ten.

Oil resources now confirmed… Focus on Guyana shifts to socio-political environment for prosperity

Pronouncements as to just where Guyana’s oil and gas industry is heading and just how long it will take for the country to leave a significant footprint on the sector as big as at least some of the members of the Organization of Petroleum Exporting Countries (OPEC) continue to flow thick and fast even as ExxonMobil continues to ramp up the country’s oil production levels.

Fifty million tourism jobs could vanish globally after COVID-19 says World Tourism Council

Bizarre stories of thousands of tourists marooned on cruise ships in various parts of the world, prevented from disembarking at various ports on account of concerns about the spread of the coronavirus could be just the tip of the iceberg insofar as the longer-term impact of the virus on the global tourism sector is concerned if World Travel & Tourism Council (WTTC)-envisaged longer-term impact of the virus on the sector is even remotely realistic.

Market prices

*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.

U.S. oil surges 20% after three-day sell off

NEW YORK,  (Reuters) – U.S. oil prices rose 20% today, recouping some losses from a sell-off that drove prices to near 20-year lows, but analysts saw the rebound as a brief reprieve, anticipating more weakness as the coronavirus outbreak takes its toll on global demand.

The coronavirus – challenges and responses

Not even the keen national attention which, at this moment, is focussed on Guyana’s political circumstances, has been able to cause the nation to overlook the fact that having ‘done its rounds’ elsewhere, the coronavirus has paid us a decidedly unwelcome visit.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 869’s trading results showed consideration of $225,429 from 2,709 shares traded in 4 transactions as compared to session 868’s trading results which showed consideration of $9,065,090 from 68,198 shares traded in 19 transactions.