Daily Archive: Friday, June 9, 2023

Articles published on Friday, June 9, 2023

US Vice President Kamala Harris and Caribbean Leaders (Caricom Secretariat photo)

US VP unveils aid for Haiti, clean energy

At a meeting with Carib-bean leaders in The Bahamas, US Vice President Kamala Harris yesterday unveiled humanitarian aid for Haiti, financing for clean energy and emergency response  and a new post in the Department of Justice to interrupt arms trafficking to the region.

President Irfaan Ali and Finance Minister Ashni Singh in Qatar

Qatar ‘hits the front’ in race for Middle East ties with Guyana

Further signaling that the country’s significant oil reserves will strongly influence the shape of the country’s foreign policy, going forward, the government of Guyana, through the Department of Public Information has announced that it has signed “two major loan agreements worth US$150 million with the Saudi Fund for infrastructural development, which funding will be used to finance “infrastructural Development Works for the Housing Sector Project” as well as the Wismar Bridge Project.

Floyd Green

Jamaica, US ‘deal’ boosts CARICOM country’s spices export market

The Caribbean, not least Guyana and Jamaica, have attracted both regional and wider international attention for the particular brand of its culinary creativity that transforms the assortment of cultivated fruit, vegetables and seasonings into bottled and packaged condiments and spices which, having originated mostly in domestic kitchens and used primarily in the homes and neighbourhoods from whence they came, have, over time, ‘graduated’, first onto roadside trays and, afterwards, supermarkets and other outlets, signs of their incremental recognition as commodities that had acquired an expanded commercial acceptance.

Iwokrama’s CEO, Dane Gobin (third from right) and Vice Chairwoman of the NTC, Sonia Latchman after the signing of the MOU. Looking on (2nd from right) is Dr Raquel Thomas, Director of Resource Management and Training at Iwokrama together with Executive Members and administrative staff from the NTC.  (Iwokrama photo)

Iwokrama signs co-operation MOU with toshaos council

The Iwokrama International Centre for Rain Forest Conservation and Development (Iwokrama) has signed a Memorandum of Understand-ing (MOU) with the National Toshaos Council (NTC) to collaborate on initiatives relating to community development, biodiversity conservation, sustainable livelihoods and other areas.

Caribbean Export
Director Deodat Maraj

Fingers crossed, Caribbean business trip to Ghana, Nigeria will yield historic landmark

Consistent with signals that have been emanating from the region that there are potential economic benefits to be derived from creating closer business to business ties between Africa and the Caribbean, the Caribbean Export Development Agency (Caribbean Export) is about to further probe that notion by leading a team of regional businesses and Business Support Organizations (BSO’s) and Investment Agencies on a visit to Africa.

Professor Compton Bourne

The soft underbelly of Guyana’s economic progress

By Professor Emeritus Compton Bourne, former President, Caribbean Development Bank Introduction My address to the Caribbean Develop-ment Bank Board of Governors in Georgetown in May 2005, postulated that major social and political problems in the Caribbean constituted the soft underbelly of economic progress in that the social progress achieved was insufficient in its distribution across households and districts to cap the wells of discontent which threaten the stability of future economic growth.

Stock Market Updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 1022’s trading results showed consideration of $12,624,566 from 33,335 shares traded in 23 transactions as compared to session 1021’s trading results, which showed consideration $17,412,748 from 57,833 shares traded in 32 transactions.

Winning external markets for our agro produce

One of the stories appearing in this issue of the Stabroek Business has to do with the strides that Jamaica has made over the years in the agro-processing sector, particularly as it relates to the country’s marked success in having its products realise an impressive level of market acceptance in the United States and parts of Europe among other places.

Mitchell Starc celebrates after dismissing India’s Virat Kohli for 14 runs on the second day of the ICC World Test Championship Final between India and Australia at The Oval cricket ground in London

India’s top order meltdown puts Australia in box seat in WTC final

(Reuters) – Australia racked up 469 in their first innings and then reduced India to 151-5 to put themselves in the box seat in the World Test Championship (WTC) final at The Oval yesterday Having bled 327 runs on the opening day with only three wickets to show for, India staged a comeback after their seam-heavy attack bowled out Australia in yesterday’s second session.

Mahdia and the regional system

Quite apart from the human dimensions of what happened at Mahdia, the tragedy brought home with a vengeance structural problems in relation to the regional system of governance in this country.