Daily Archives: August 12, 2011

Pictures: Caribbean Airlines plane crash in Guyana

These are some pictures of the Caribbean Airlines crash in Guyana

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UK youth – living outside the boundaries of civilised society

Editor’s Note:  This article  was written two years ago.  The recent riots in England point to underlying social problems.

  The findings of this study could mirror similar problems encountered in many countries and especially those with  large cities. These are really frightening social issues in an age of instantaneous communications, that if not being properly addressed, could unravel the fabric of society.

Feral youths: How a generation of violent, illiterate young men are living outside the boundaries of civilised society

Last updated  on 19th September 2009

In January 2009, Gordon Brown called for a ‘national crusade’ to break down class barriers; he was even contemplating making it illegal to discriminate on the grounds of class.
The first time I saw Tuggy Tug, he was standing on a street corner in Brixton with half-a-dozen other 15-year- old boys. They were scowling at anyone who walked past
Every now and then, they shrugged up their hoodies to make themselves look more threatening. ‘Everyone who bumps into us says sorry,’ boasted Tuggy Tug.
His tracksuit was so big that he seemed lost inside it. Under his black hoodie, he wore a red one – in case he needed a quick change of identity.   Continue reading

VIDEO: Children having children contributing to poverty

Editor’s note:  The following video and article highlights the issue of poverty in Jamaica, and notes that child pregnancies and lack of education, training and employment perpetuates poverty.  This is not  news as these are the same issue in many countries of the world, including Guyana.

VIDEO: Children having children contributing to poverty

BY ALICIA DUNKLEY Observer senior reporter dunkleya@jamaicaobserver.com

Tuesday, August 09, 2011

FINANCIAL analyst Karen Fitz Ritson has pegged Jamaica’s rising poverty level to the shrinking age of parents.

Speaking at the weekly Observer Monday Exchange at the newspaper’s head office in Kingston yesterday, Fitz Ritson — chief executive officer of Fitz Ritson and Associates, a professional training institute — said the issue of children having children must be tackled if poverty alleviation efforts were to have any success at all.

“… In Majesty Gardens, the ages of the parents are 16 to 19; remember that their children are between three and five years old, so they (parents) are starting having children from 13 years onwards. In Waterhouse, the parents are between 18 and 24. In Mountain View the parents, mainly the mothers, are from 20 upwards and Stony Hill, it’s mixed,” she said.  Continue reading

Global Economic Downturn: A Crisis of Political Economy

Editor’s note:  The world is experiencing another chapter whereby the political/economic fabric of various countries is under threat.  The elites are still in control but the underpinnings of their economic control are being challenged by political forces which they may not be able to manipulate in these times.
Here is an article that tries to explain some of the political and economic relationships of various world economies.
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 By George Friedman | August 9, 2011

Classical political economists like Adam Smith or David Ricardo never used the term “economy” by itself. They always used the term “political economy.” For classical economists, it was impossible to understand politics without economics or economics without politics. The two fields are certainly different but they are also intimately linked. The use of the term “economy” by itself did not begin until the late 19th century. Smith understood that while an efficient market would emerge from individual choices, those choices were framed by the political system in which they were made, just as the political system was shaped by economic realities. For classical economists, the political and economic systems were intertwined, each dependent on the other for its existence.

The current economic crisis is best understood as a crisis of political economy. Moreover, it has to be understood as a global crisis enveloping the United States, Europe and China that has different details but one overriding theme: the relationship between the political order and economic life. On a global scale, or at least for most of the world’s major economies, there is a crisis of political economy. Let’s consider how it evolved.      Read more »

Suriname eying US$3.5B of investments

Suriname eying US$3.5B of investments

Posted By Stabroek staff On August 9, 2011

(De Ware Tijd) PARAMARIBO – With four big investments in Suriname planned for the coming three to four years, the country must start preparing now to fully benefit from these financial injections. The labor market in particular must be made ready, says Henk Ramdien, retired managing director of bauxite company Suralco.             Continue reading

Transaction was a private affair – Luncheon

Transaction was a private affair – Luncheon

AUGUST 11, 2011 | BY KNEWS < read KN comments here

Ed Ahmad’s shipment to State House…

The shipment of 29 tons of building supplies to State House, by embattled United States-based Guyanese,

Ed Ahmad

Ed Ahmad, in 2009, is in all likelihood a private transaction, government spokesman Dr. Roger Luncheon says.
Fielding questions from the media during his weekly briefing, the official declined to comment on the shipment which was addressed to the State House on Main Street, the President’s official residence.
The 2009 shipment was one of the arguments that US prosecutors used late last month to convince a judge not to grant Queen’s businessman, Ed Ahmad permission to travel to Guyana.   Continue reading