Daily Archive: Friday, May 14, 2021

Articles published on Friday, May 14, 2021

ExxonMobil now facing gas flaring fine

The Environmental Protection Agency (EPA) yesterday disclosed that the Environmental Permit for the Liza Phase 1 Development Project offshore Guyana has been modified and ExxonMobil’s subsidiary, EEPGL will now be required to pay for gas flaring once it continues beyond a 14-day period.

Latin America, Caribbean top 2020 remittance receipts – World Bank Brief

Fears expressed during the early months of the COVID-19 pandemic that the Caribbean, among other regions, would have to endure a protracted period of significantly reduced remittances proved unfounded as officially recorded remittance flows to low and middle income countries reached US$540 billion in 2020, reflecting a less than anticipated 1.6 per cent decline against the 2019 figure of $548 billion, according to the World Bank’s most recent Migration and Development Brief.

‘IMF Blog’ sees tough road back from covid-19 travails for the Caribbean

If the outcomes of a recent forum styled IMFBlog, convened by the International Monetary Fund to allow its staff and officials to exchange views on important issues are anything to go by the portents for a shorter term recovery from the effects of the covid-19 pandemic may well mask a gloomier scenario as the resurgence of the pandemic towards the end of last year threaten to erase prospects of an uneven recovery and add to the steep social and human costs which the malady has already inflicted in Latin America and the Caribbean.

Karela/ Carilla/ Bitter Gourd

You can take your pick from amongst the names by which this fruit/vegetable is known (and there are other names apart from the three mentioned above) though what is beyond doubt is that it is one of the more talked about fruit/vegetables in Guyana insofar as its health and nutritional properties are concerned.

Unspoilt Waters: Offshore The Bahamas

Bahamas oil hunt hamstrung by robust environmental lobby

Even as two Caribbean Community (CARICOM) member states – Guyana and Suriname – wait to reap the returns of their new-found oil and gas deposits, another member country, The Bahamas, continues to face a resolute environmental pushback from pressure groups that insist that the waters that have long been a major contributing factor to the country’s world-class tour-ism industry should not be despoiled by continued oil searches and perhaps, eventually, oil recovery.

Colvin Heath-London

Lawyer seeking preliminary trial for Heath-London over fraud charges

The attorney for former acting Chief Executive Officer of the National Industrial and Commercial Investments Limited (NICIL) Colvin Heath-London, who is accused of conspiring to defraud the state through the unsanctioned disposal of land at Peters Hall, East Bank Demerara, has requested that a Preliminary Inquiry (PI) be conducted into the charges against him.

Relentless artisan gold miners continue to challenge Minamata Agreement

With the inaccessibility of remote areas in parts of South and Central America rendering state jurisdiction an increasingly difficult challenge, governments in gold-producing countries of those regions continue to lack the tools to rein in small-scale illegal gold mining and the environmental havoc which these activities continue to inflict on the environment.

Minister Vindhya Persaud (left) handing out a certificate

New programme for women piloted in Baramita

Sixty residents of Baramita, Region One (Barima/Waini), who participated in short courses under the Women’s Innovation and Investment Network (WIIN) programme by the Ministry of Human Services and Social Security, were presented their certificates last Tuesday, according to a statement from the ministry yesterday.

Black Brazilians protest racism, police violence

RIO DE JANEIRO,  (Reuters) – Black Brazilians demonstrated in the country’s two largest cities yesterday to protest against racism and police violence toward their communities in a local version of the Black Lives Matter movement in the United States, with some accusing the country’s president of genocide.

Stock market updtaes

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 914’s trading results showed consideration of $3,718,273 from 22,456 shares traded in 21 transactions as compared to session 913’s trading results which showed consideration of $1,683,338 from 4,550 shares traded in 3 transactions.

The One Cent Black on Magenta

It would perhaps surprise younger Guyanese to know that the heritage item originating from this country that is most internationally famous is a tiny, octagonal piece of paper which the majority of them would have tossed in the rubbish had they encountered it in the course of their daily activities.