Business

Guyana can gain from renewal of ITTO, CBD funding MOU

Guyana is positioned to benefit from the recent renewal of a Memorandum of Understanding between the International Tropical Timber Organization (ITTO) and the Convention on Biological Diversity (CBD) under which the two bodies will continue to work together to engage multilateral funding sources including the Global Environment Fund to help ensure biodiversity conservation and livelihood improvement in sustainably managed tropical forests through landscape restoration and expansion of natural protected areas.

UNCTAD forum prepping more climate sensitive post-Covid trade regime

Even as the international community remains almost exclusively preoccupied with what has become the herculean task of forcing the Covid-19 malady into retreat, the United Nations is beginning to turn its attention to life after the pandemic, the June 14-15 second edition of the UN   Trade Forum seeking to provide a measure of global enlightenment on the actions needed for and inclusive and green recovery. 

The sole Trader

The following series of articles is being published in order to increase the knowledge base of readers already involved in operating small businesses and wishing to broaden their knowledge base, or else contemplating such a step.

Kitco Market Data

Gold Prices for the three day period ending Thursday June 17, 2021 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

Stock market updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 919’s trading results showed consideration of $44,059,271 from 536,717 shares traded in 38 transactions as compared to session 918’s trading results which showed consideration of $34,565,616 from 433,150 shares traded in 21 transactions.

Our flooding woes

Even as early as a few weeks ago it seemed likely that the floods which, official reports suggest, have now reached proportions of a crisis sufficiently severe as to warrant an appeal for international help, could escalate beyond the control of the country’s fragile response capabilities.

Comment

We have traveled some distance from May 2015. This week’s disclosure of the Longtail-3 discovery has not, unsurprisingly, been attended by a comparable sense of national euphoria.

Kamaldai Ark seeking rescue on higher ground

Floods heaping heavy woes on coastal farming communities

The current May/June rains and what is being reported as their consequential widespread flooding, damage to homes, displacement of families and loss of income due mainly to flooding of lands under cultivation and inundation of pasture lands has been the subject of investigation by the Stabroek Business for the past two weeks.

Energy and Energy Industries
Minister Stuart Young

Despite drop in oil, gas earnings… T&T economy still looks to energy sector

Even as his recent report on the performance of Trinidad and Tobago’s extractive industries point to a decline in their revenue, going forward, the country’ Energy and Energy Industries Minister Stuart Young, speaking at the virtual launch of the Trinidad and Tobago Extractive Industries Transparency Initiative (TTEITI) report, covering the performance of 2018 has said that the country’s economy will continue to look to the energy sector as a “pillar’ in pursuit of the twin-island Republic’s economic recovery from the ravages of the coronavirus pandemic.

Grenada Prime Minister
Dr. Keith Mitchell

CDB must pick up pace of service to borrowing countries – PM Mitchell

Just over a month after the St Lucian-born Dr Hyginus ‘Gene’ Leon assumed office as President of the Caribbean Development Bank (CDB) and in the wake of media reports in the region tagging his predecessor’s ten-year occupancy of office as a tenure of growth, Grenada’s Prime Minister Dr Keith Mitchell is challenging the Bank to assume a more aggressive posture in its approach to helping borrowing member countries (BMC) address development challenges.

IMF Brief unveils US$50B plan to push back pandemic

With issues having arisen over alleged prejudice in the allocation of Covid-19 vaccinations between rich and poor countries, the heads of three of the world’s foremost international organizations, the World Health Organization (WHO), the World Bank Group, and the World Trade Organization (WTO), have issued a call for a collective plan to vaccinate the world.

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