Business

GPL, GCCI ‘sit down’ on power woes evades timeline for end to protracted blackouts

Amidst heightening public concern over the erratic nature of the electricity supply in coastal Guyana, and relative muted but boisterous protest by domestic consumers and businesses alike, the Georgetown Chamber of Commerce and Industry (GCCI) announced on Monday that its Petroleum Committee had facilitated a discussion forum on energy supply with head of the Guyana Power and Light Company (GPL), Kesh Nandlall.

Shifting sands of US, Venezuela relations cast cloud over Dragon gas project

Even as the latest round of sanctions imposed by the United States against Venezuela, seemingly over Washington’s doubts regarding the likely fairness of the country’s July general elections, the European Union does not appear – at least up to this time – prepared to set aside its support for the potentially highly valued Dragon Gas project between Caracas and Port of Spain. 

Stock Market Updates

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1068’s trading results showed consideration of $35,605,782 from 104,845 shares traded in 17 transactions as compared to session 1066’s trading results, which showed consideration of $9,073,649 from 52,144  shares traded in 40 transactions.

Plastic Pollution

Global plastics pollution lobby belongs on Guyana’s oil-driven development radar

With the global environmental lobby increasingly focusing its attention on rolling back the increasing avalanche of plastics’ proliferation and its weighty global environmental impact, negotiators and activists were expected to congregate in Ottawa this week to attempt to craft a treaty which, hopefully, will contribute to the rolling back of the plastic pollution menace.

Washington, Caracas at loggerheads again over US arrest of PDVSA officials in Miami

In a move which appeared to send a message to the administration of President Nicholas Maduro that Washington remains steadfast in the imposition of sanctions against Venezuela’s state-owned oil company, Petróleos de Venezuela SA (PDVSA), the United States has charged ten persons, one of them a Venezuelan military officer, of helping Caracas to circumvent the US sanctions.

Chaos

Haiti’s familiar descent into socio-political meltdown too hot for CARICOM to handle

As economic and social conditions in Haiti continue to undergo a cataclysmic decline in the face of the collapse of key governance structures, and the replacement of a legitimate political administration with forcibly installed criminal gangs, Haiti has once again reared its head as the Caribbean Community’s ‘tear-away’ delinquent, in the face of mounting evidence that the country’s dire circumstances are, for now at least, outside the ‘control’ of the rest of the Community.

Rupununi  Chamber President Orlando Wong

Rupununi Rising?

Part One The Rupununi in Region Nine ‘experiences’ two cut and dried weather seasons, a wet season from April to August and a dry one from September to March.

Mario Lubetkin FAO Assistant Director General

FAO embraces central role in ‘investing’ technical support, $$ in region’s food security pursuits

Even as Caribbean Community (CARICOM) member countries continue to seek ways to overcome what they have been pointedly told by various high profile international agencies is a regional food security crisis, the Food and Agriculture Organization of the United Nations (FAO) has committed to helping the region find a way of alleviate the crisis by pledging new loans to boost the capacity of its agriculture sector.

World Bank study underlines plight of poorest of the poor

Even as we continue to delude ourselves through palliatives which suggest that globally, the world is experiencing incremental improvements in the global condition in which people live, the World Bank is releasing its own research-based findings that challenge the ‘things-are-getting-better’ notion that other schools of thought may be promoting.

World Bank Vice-President, Carlos Felipe Jaramillo,

State of some LAC countries’ economies disturbing – World Bank Report

Notwithstanding what a recent World Bank report says has been “significant progress” in economic stabilization in Latin America and the Caribbean over recent decades, the Bank’s recent assessment of the region, contained in a report made public earlier in April, is by no means oozing confidence about the overall immediate future of the economies of the region.

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