Daily Archive: Tuesday, January 31, 2023

Articles published on Tuesday, January 31, 2023

Norway wealth fund posts record $164 bln loss

OSLO,  (Reuters) – Norway’s wealth fund, one of the world’s largest investors, posted a record loss of 1.64 trillion crowns ($164.4 billion) for 2022, bringing to an end a three-year run of soaring profits as stocks and bonds were hit by the Ukraine war and inflation.

EPA would be able to spend $1.8b in flaring fees

As day one of the consideration of the 2023 budget estimates began, the Opposition yesterday questioned what it believed to be a paltry sum allocated to the EPA, but the government responded that the agency raked in some $1.8b for 2022 in flaring fees and will add this to its spending for this year.

The winners and runners-up of Sunday night’s National Sports Awards ceremony at the National Cultural
Centre, along with Minister Charles Ramson Jnr., and the rest of the hard working officials. (Akeem Greene photo)

Winners all!

There were no losers Sunday night. All of the Sportsmen and Women of the Year- awardees and their runners-up at the National Sports Commission’s National Sports Awards ceremony for the 2021-2022 period  at the National Cultural Centre, were, in our opinion, winners.

Letitia Wright (left) addressing Parliament yesterday. Also in this Department of Public Information photo is Speaker of the National Assembly, Manzoor Nadir.

Letitia Wright urges MPs to work together

Guyana-born British actress, Letitia Wright, who is best known for her role as Shuri in the Black Panther movies, yesterday encouraged Parliamentari-ans on both sides to work together for the betterment and empowerment of the country, according to footage released by the Department of Public Information (DPI).

Mikhail Thadius McLennon

Charge against fake ‘doctor’ dismissed

Mikhail Thadius McLennon, who was previously charged with having fake medical qualifications, saw the charge against him dismissed by Magistrate Judy Latchman at the Providence Magistrate’s Court after the prosecution failed to produce witnesses for his trial.

Georgetown, East Coast ATCs move to the top

Georgetown and East Coast ATCs jumped to the top of the table after the third match day of the Inter-Association/Club leg of the Tiger Rentals-sponsored Guyana Football Federation (GFF) National U-13 development football initiative Saturday.

Mahendra Chanderbali

Presidential Guard passes away

Head of the Presidential Guard, Assistant Commis-sioner Edgar Thomas, along with the Guyana Police Force’s Welfare Officer, Woman Super-intendent Allison Moore, yesterday morning  visited the grieving family members of late Sergeant Mahendra Chanderbali, who passed away on Sunday night after a prolonged illness.

The desilted drain along Commerce Street.

Commerce St to be closed for desilting

All commercial activity is expected to come to a halt on February 5, 2023 on Commerce Street when the National Drainage and Irrigation Authority (NDIA) will commence a desilting exercise at the Commerce Street Sluice inlet and outfall channels.

Bitter sweet justice

Dear Editor, The saying: you do the crime you must do the time, is apt, in the sentences handed down to the five involved in the heinous and brutal killing of Faiyaz Narinedatt, a young son, husband and father.

IOC rejects ‘defamatory’ criticism from Ukraine

KYIV,  (Reuters) – The International Olympic Committee yesterday rejected fierce criticism from Ukrainian officials, who have accused it of promoting war after the body said Russians could potentially be given the opportunity to qualify for the 2024 Paris Olympics.

State contracts and the koker door calamity

The report published in the Friday, January 20th issue of this newspaper regarding the flooding in parts of Charlestown and Albouystown, the result of what the report refers to as “shoddy koker work” completed by a private contractor, is a microcosm of a deeper problem of contractors seemingly failing – whether through a competency deficit or through deliberate departure from the specifications of the contract – to properly execute the specific deliverables.