Daily Archive: Friday, September 25, 2020

Articles published on Friday, September 25, 2020

Vickram Bharrat

Exxon’s Payara project approved

ExxonMobil has secured approval for its Payara project in the Stabroek Block offshore Guyana and an agreement, which would also cater for stiff fines for flaring violations and a commitment that reservoir water be treated to international standards before dumping, should be signed soon, Minister of Natural Resources Vickram Bharrat has said.

Ateeka Ishmael and Yuri Garcia-Dominguez

Accused Ponzi couple out on bail of around $30M

Yuri Garcia Dominguez and Ateeka Ishmael, the principals of Accelerated Capital Firm Inc (ACFI), who are currently facing close to eighty charges in what has been described as a huge Ponzi scheme were yesterday released from prison after posting bail of around $30M.

GMSA President Shyam Nokta

GMSA, IDB spearhead historic webinar on tackling COVID-19 agriculture challenges

Looking beyond the formidable challenges posed by the advent of the still rampaging COVID-19, the Guyana Manufacturing & Services Association (GMSA) on Wednes-day joined forces with the office of the Inter-American Develop-ment Bank, the Ministry of Agriculture and various non-state and private sector individuals to stage a historic webinar designed to examine opportunities for ensuring that the country’s agriculture sector loses none of its robustness in the post-COVID environment.

Anthony Davis

Davis, James power Lakers to verge of NBA Finals

(Field Level Media) Anthony Davis scored a game-high 34 points, LeBron James added 26 and the Los Angeles Lakers never lost the lead over the final three quarters last night en route to a 114-108 victory over the Denver Nuggets in Game 4 of the Western Conference finals near Orlando.

Fraud fright: IMF wants strict controls on countries’ COVID-19 spending

With reports of spending by some countries on materiel linked to their responses to the COVID-19 pandemic already tainted by irregularities, including major fraud, the International Monetary Fund (IMF) is seeking the implementation of measures by countries to offset what it describes as risks of diluted accountability and weakened fiscal control in the context of the pandemic.

Brazil to join COVAX vaccine facility, earmarks $454 million

BRASILIA,  (Reuters) – Brazilian President Jair Bolsonaro will issue decrees laying the legal groundwork for Brazil to join the global COVID-19 vaccine partnership known as COVAX and earmarking 2.5 billion reais ($453.8 million) for securing vaccines through the facility, his office said yesterday.

Kitco Market Data

Gold Prices for the three day period ending Thursday September 24, 2020 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

A damning story

Plagued by prolonged delays, missed deadlines, shoddy work and pricey revisions, Guyana’s Chinese-funded and contracted international airport expansion project is proving another expensive embarrassment, long dogged by controversy from its shady start.

State media

Minister Kwame McCoy who holds responsibility for Public Affairs within the Office of the Prime Minister told Stabroek News in an interview that the government could see no immediate reason for disbanding any section of the state media. 

KL Rahul scored an unbeaten 132 off 69 balls, with the help of 7 sixes and 14 fours.

Rahul’s masterclass leads KXIP to victory

(IPL website) Skipper KL Rahul’s batting masterclass was on full display as Kings XI Punjab (KXIP) beat Royal Challengers Bangalore (RCB) by 97 runs in the sixth match of the Dream11 Indian Premier League (IPL) 2020 in Dubai yesterday.