Daily Archive: Friday, June 18, 2021

Articles published on Friday, June 18, 2021

Fully vaccinated fans to watch second Proteas Test

CMC – Fans in the region will return to cricket for the first time since the outbreak of the COVID-19 pandemic, when 400 full vaccinated spectators are allowed for each day of the second Test against South Africa starting at the Daren Sammy National Stadium today.

Rising food prices rivalling Covid-19 for global emergency attention

What is being reported as a marked across-the-board rise in food prices in Guyana over the past several weeks is being proffered by international news sources as a microcosm of a wider problem as CNN, earlier this month used the United Nations Food Price Index to report a nearly 40% year over year food price increase with last month reflecting the sharpest monthly rise in average food prices in more than a year.

Chief Executive Officer of Rusal Evgenii Nikitin

Testy RUSAL management back on board at BCGI

Last week’s announcement by the Chief Executive Officer of the Russian-owned aluminum producer RUSAL, Evgenii Nikitin that the company plans to pump US$5.2 billion into the upgrading of its bauxite plants in the Caribbean will be met with mixed reactions here in Guyana where the company has a 90% share in the Berbice-based Aroaima Bauxite Company of Guyana Inc (BCGI),  the other 10% of the shares being owned by the Government of Guyana. 

Guyana can gain from renewal of ITTO, CBD funding MOU

Guyana is positioned to benefit from the recent renewal of a Memorandum of Understanding between the International Tropical Timber Organization (ITTO) and the Convention on Biological Diversity (CBD) under which the two bodies will continue to work together to engage multilateral funding sources including the Global Environment Fund to help ensure biodiversity conservation and livelihood improvement in sustainably managed tropical forests through landscape restoration and expansion of natural protected areas.

UNCTAD forum prepping more climate sensitive post-Covid trade regime

Even as the international community remains almost exclusively preoccupied with what has become the herculean task of forcing the Covid-19 malady into retreat, the United Nations is beginning to turn its attention to life after the pandemic, the June 14-15 second edition of the UN   Trade Forum seeking to provide a measure of global enlightenment on the actions needed for and inclusive and green recovery. 

The sole Trader

The following series of articles is being published in order to increase the knowledge base of readers already involved in operating small businesses and wishing to broaden their knowledge base, or else contemplating such a step.

Kitco Market Data

Gold Prices for the three day period ending Thursday June 17, 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 919’s trading results showed consideration of $44,059,271 from 536,717 shares traded in 38 transactions as compared to session 918’s trading results which showed consideration of $34,565,616 from 433,150 shares traded in 21 transactions.

Our flooding woes

Even as early as a few weeks ago it seemed likely that the floods which, official reports suggest, have now reached proportions of a crisis sufficiently severe as to warrant an appeal for international help, could escalate beyond the control of the country’s fragile response capabilities.