Daily Archive: Friday, May 28, 2021

Articles published on Friday, May 28, 2021

Guyana Gold Board logo

Ganga declines comment on claim over smuggled Venezuelan gold

Citing the sensitivity of the issue as well as a confidentiality clause that governs executive meetings, Bank of Guyana Governor and current Chairman of the Guyana Gold Board, Dr Gobin Ganga yesterday declined to comment on allegations made by former Chairman GHK Lall that he [Ganga] had in 2019 said that there was evidence of gold smuggling from Venezuela which could have led to blacklisting of this country.

German Foreign Minister Heiko Maas addresses the media during a statement at the Foreign Ministry in Berlin, Germany, Friday, May 28, 2021. Germany has reached an agreement with Namibia that will see it officially recognize as genocide the colonial-era killings of tens of thousands of people and commit to spending a total of 1.1 billion euros ($1.3 billion), largely on development projects. (Tobias Schwarz/Pool Photo via AP)

Germany apologises for colonial-era genocide in Namibia

BERLIN/WINDHOEK, (Reuters) – Germany apologised today for its role in the slaughter of Herero and Nama tribespeople in Namibia more than a century ago and officially described the massacre as genocide for the first time, as it agreed to fund projects worth over a billion euros.

No Sputnik 2nd dose available

Almost forty per cent of Guyana’s adult population has received their first dose of a COVID-19 vaccine but in a sign of how tight supply chains are the Ministry of Health has no more second doses of Russia’s Sputnik V shots on hand as there has been in a delay in shipments.

Pumpkin

Locally grown pumpkin is somewhat different to the varieties cultivated elsewhere, the main visible difference being in the generally green and white exterior of the home-grown vegetable.

Rafa Nadal

Few obstacles lie between Nadal and record 21st major

(Reuters) – Rafa Nadal has already hoisted the French Open trophy a jaw dropping 13 times and with the tantalising prospect of increasing his Grand Slam haul to 21 — thus becoming the most successful player in men’s tennis — it is difficult to see anyone stopping him in Paris.

Polarcus searching for oil offshore Jamaica

Caribbean awaiting report card on Jamaica’s oil potential

Now that Caribbean Community (CARICOM) member countries Guyana and Suriname have joined Trinidad and Tobago as bona fide oil-producing countries in a region that has, over time, had its economies stifled by high global oil prices, all eyes are now on Jamaica which would now appear to be next in line for oil-producer status.

Guyana needs a broad-based mechanism to drive national consensus on electoral reforms

Dear Editor, Recent concerns about the US Government’s planned electoral reform project, to be implemented by the International Republican Institute (IRI), were met with a positive response from the PPP/C, which has variously confirmed that civil society and political parties will have an input on electoral reforms, and that the draft amended Representation of the People Act (RPA) would be circulated at the end of June 2021.

Yuri Garcia Dominguez and Ateeka Ishmael

Marketers, agents of alleged Ponzi scheme invited to CID

Marketers and agents of alleged Ponzi scheme, Accelerated Capital Firm Inc (ACFI) have been asked to visit the Guyana Police Force (GPF) Criminal Investigation Department (CID) Head-quarters, Eve Leary with all documents of transactions they carried out with the principals of the firm, as part of an ongoing investigation.

Farmers Market Day Linden

COVID-19 and Farmers’ Markets

As the COVID-19 pandemic persists in its frightening rampage, loss of jobs, whether through temporary or longer-term displacement, have closed off income-earning avenues for several types of businesses, arguably, none more so, than Farmers’ Markets.

Technology community forum finds Caribbean cyber security safeguards below par

The need for the Caribbean to ensure the integrity of its key and critical internet and other communication infrastructure as the COVID-19 pandemic continues to make its presence felt in the various territories was one of the key currents of the discourses that attended the recent Fourth Annual Technology Community Forum hosted jointly by the Caribbean Network Operators Group (Carib.NOG)

Through the roof! A million plus COVID-19 deaths in Latin America, Caribbean

The announcement a matter of days ago by the Dominican-born Director of  the Pan American Health Organisation Dr Carissa Etienne, that between them, Latin America and the Caribbean have now chalked up in excess of a million Covid-19 casualties, came just at that point in time when Caribbean countries, faced with some measure of indifference to strict observance of the related protocols as well as to the taking of the prescribed vaccines, had begun to double down on the strictures, not least curfews and complete lockdowns, in a desperate hope to fend off what is believed to be a second, possibly more virulent strain of the virus.

What is often forgotten is the cost of recovering and placing the commodity in the world market

Dear Editor, With regard to our natural resources, I believe like every Guyanese that we should always be looking to get a bit more directly and/or indirectly, but however well intended, it is inaccurate and there is great danger to believe and worse in preaching that we Guyanese are receiving crumbs from the ongoing extraction and commercialization of our natural resources, gold and oil. 

Antonia Henry (left) and Rodwell Jerome during happier times

Survivors of horrific Kairuni accident still critical

The two persons who were injured on Sunday night after a driver lost control of his car and plowed into them and others while they were sitting on the curbside of the road at Kairuni, Soesdyke-Linden Highway, are still in critical condition while post mortem examinations (PME) will be conducted today on the three persons who were killed.

Communication technology a game-changer in urban, rural development divide: UN Report

The continual development of communication technology and more particularly the spread of internet services into what were once considered inaccessible regions of many developing countries is breathing new life into rural and other remote areas and refashioning perspectives for global development, a new report issued by the United Nations Department of Economic and Social Affairs (UNDESA) and titled ‘Reconsidering Rural Development’ says.

Kitco Market Data

Gold Prices for the three day period ending Thursday May 27, 2021 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Stock Market Updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 916’s trading results showed consideration of $88,432,883 from 1,106,256 shares traded in 17 transactions as compared to session 915’s trading results which showed consideration of $14,655,455 from 138,949 shares traded in 26 transactions.

NGSA

After Minister of Education Priya Manickchand spoke at the National Grade Six Assessment booster programme last Friday, her words were seized upon by a number of people in the belief that the exam was about to be abolished.

Food security: Our governments are asleep at the wheel

In the course of the recent engagement between Agriculture Minister Zulfikar Mustapha and Canada’s High Commissioner to Guyana Mark Berman during which – as reported in this issue of the Stabroek Business – the two talked up possibilities for the strengthening of relations between the two countries, Minister Mustapha, who is the serving Chairman of the Ministerial Task Force for advancing the agriculture agenda of the region, reportedly alluded to the current focus of the Task Force on producing a document on food security highlighting the strengths and weaknesses of each member state, for submission to CARICOM Heads.