Daily Archive: Sunday, October 2, 2022

Articles published on Sunday, October 2, 2022

IMF urges closer follow-up on EITI recommendations

The International Monetary Fund (IMF), while commending Guyana for its progress in strengthening its anticorruption framework and fiscal transparency in the extractive industries, has urged government to more closely follow up on the recommendations of the Extractive Industries Transparency Initiative (EITI).

DPP was never charged

Editor’s Note: Leyland Chitlall Roopnaraine’s letter, “A litany of bungling in the legal system with no end in sight,” which was published in the Saturday 1, 2022 edition of Stabroek News, included the erroneous suggestion that the Director Public Prosecutions was one of seven persons charged with fraudulently obtaining under-valued house lots.

Government Take & Reported Reserves – Part 2

Introduction In an effort to provide clarity and boost comprehension of the listed column title in this series, last week’s  column introduced my re-visit of Government Take under Production Sharing Agreements, PSAs, with a summary re-statement of the intellectual origins of PSAs in legal theory, behavioral economics, and institutional theory.

Chess master Anthony Drayton (right) congratulates top junior chess player Kyle Couchman following his victory in the recent simultaneous exhibition at the Giftland Mall (Photo: Shiv Nandalall)

FIDE commission to probe Niemann cheating allegations

As the controversy in international chess deepens, the World Chess Federation’s (FIDE) Fair Play Commission (FPL) has announced that it will set up an investigatory panel to investigate world chess champion Magnus Carlsen’s contention that American Hans Niemann cheated during a  tournament last month in St Louis Missouri.