Daily Archive: Friday, November 18, 2022

Articles published on Friday, November 18, 2022

President Irfaan Ali making the announcement yesterday.

Public servants to get 8% pay hike

President Irfaan Ali yesterday announced an eight percent across-the-board pay increase retroactive to January 1st 2022 for public servants, teachers and members of the Disciplined Services and he also signalled further adjustments to the emoluments of specific categories of workers.

Dr Ralph Gonsalves Prime Minister
of St Vincent and the Grenadines

St. Lucia PM pushing for PetroCaribe 11

What would appear to be a concerted attempt to resurrect the so-called PetroCaribe plan through which Caribbean Community (CARICOM) countries once received oil from Venezuela on credit and at concessionary prices is beginning to do the rounds in parts of the region even though there is still little evidence, up to this time, of anything resembling region-wide enthusiasm for the idea.

Uganda, Tanzania ‘blindfolded’ against west’s resistance to cross-country oil pipeline

Amidst the backdrop of what is being seen as a belated sense of urgency over climate change evinced at the COP27 Summit now winding down in Egypt, some poor countries, unsurprisingly, continue to dig their heels in, over a belated lobby in the west for further ‘emergency’ cuts in the recovery and use of fossil fuels, ostensibly, as a mechanism to reduce global warming. 

Danushka Gunathilaka

Sri Lanka’s Gunathilaka granted bail in Sydney assault case

(Reuters) – Sri Lanka cricketer Danushka Gunathilaka was granted bail in Sydney yesterday, reversing an earlier decision in the case of the alleged sexual assault of a woman while on tour in Australia for the T20 World Cup The now-suspended batsman appeared in Sydney’s Downing Centre court via video link from Parklea Correctional Centre, reported the Sydney Morning Herald, where he had been in custody since being refused bail on Nov.

The Mayor seems to want the payout to the dismissed officer made before the life of this Council ends

Dear Editor, I was gob smacked when I learnt via the press recently, of a motion purportedly moved by the Mayor of Georgetown and supported by a particular group of Councillors, for an officer formerly employed by the Georgetown Municipality, who was dishonourably discharged for several breaches in procurement, accounting and management at the City Council, to be paid what is described as outstanding sums within 72 hours.

Sadio Mane

Senegal’s Mane ruled out of World Cup

(Reuters) – Senegal forward Sadio Mane has been ruled out of the World Cup in Qatar in a crushing blow to his team’s chances after officials confirmed yesterday he would need surgery on a leg injury sustained in the run-up to the tournament.

Trinidad farmers battered by heavy rainfall

The prevailing weather patterns in Trinidad and Tobago are giving some of the country’s farmers what one might call the customary Guyana experience of what the media in the twin-island Republic reports as extensive crop destruction due to what would appear to be heavier than usual levels of the year-end rainfall.

Stock Market Updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 993’s trading results showed consideration of $27,609,835 from 81,104 shares traded in 35 transactions as compared to session 992’s trading results, which showed consideration of $18,738,581 from 76,653 shares traded in 16 transactions.

World diaspora ranking

A report in in US business magazine Forbes, the conclusions from which we published on Sunday, has said that of all sovereign countries with populations of at least 75,000, Guyana accounts for the biggest share of its native-born population – 36.4% − living abroad when compared to the rest of the world.

The private sector, preparedness and positive outcomes

President Irfaan Ali’s recent reported calls to the local private sector to capitalise on the “opportunities facilitated by the Government of Guyana” (and arising out of the outcomes of the Georgetown Chamber of Commerce and Industry’s (GCCI) recent Business Development forum) is sound advice though what he had to say about the private sector’s seeming lack of readiness to properly engage visiting Saudi and South Korean business delegations (that the local private sector had no specific business proposals to present to either delegation) is scarcely believable.

Kitco Market Data

Gold Prices for the three day period ending Thursday November 17, 2022 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.