Daily Archives: December 5, 2012

Public Servants – Opposition believes 5% increase is inadequate

Public Servants – Opposition believes 5% imposed increase is inadequate

December 4, 2012 – Capitol News.

Opposition leader David Granger believes that the 5% imposed by the Government on public servants is almost an insult and is inadequate.  The GPSU was pushing for a 25% increase across the board saying, that their proposals were based on research done by the union.

The PNC/R leader is calling on the Government to go back to the bargaining table and stop the imposition. Granger was speaking during an interview with this newscast.   Continue reading

Origin of gold stolen in Curacao unravelling

Origin of gold stolen in Curacao unravelling

Written by Denis Scott Chabrol – Demerara Waves
Tuesday, 04 December 2012 23:18

MV Summer Bliss

MV Summer Bliss

Guyana was Tuesday due to dispatch a team to Curacao in search of details about the origin of US$11.5 million worth of raw gold that was reported stolen from a vessel whose registration is also turning out to be shady.

Natural Resources Minister, Robert Persaud told reporters late Tuesday night that a team would be deployed to any jurisdiction to ferret out crucial evidence to confirm whether the 400 pounds of precious metal were smuggled from Guyana.    Continue reading

Egypt and the Strategic Balance – commentary

Egypt and the Strategic Balance

By George Friedman  -STRATFOR – December 4, 2012.
Founder and Chief Executive Officer

map_of_egyptImmediately following the declaration of a cease-fire in Gaza, Egypt was plunged into a massive domestic crisis. Mohammed Morsi, elected in the first presidential election after the fall of Hosni Mubarak, passed a decree that would essentially neuter the independent judiciary by placing his executive powers above the high court and proposed changes to the constitution that would institutionalize the Muslim Brotherhood’s power. Following the decree, Morsi’s political opponents launched massive demonstrations that threw Egypt into domestic instability and uncertainty.

In the case of most countries, this would not be a matter of international note. But Egypt is not just another country. It is the largest Arab country and one that has been the traditional center of the Arab world. Equally important, if Egypt’s domestic changes translate into shifts in its foreign policy, it could affect the regional balance of power for decades to come.            Continue reading

UNDERSTANDING THE FISCAL CLIFF – short video

UNDERSTANDING THE FISCAL CLIFF (in 2m 30s)

Published on Nov 30, 2012 by 

Acclaimed author, Berkeley professor, and Clinton-era Secretary of Labor Robert Reich lays out the what, why and how of the Fiscal “Cliff”, the showdown in Congress that Republicans created to demand painful cuts in vital domestic programs in exchange for raising taxes on the top 2%. Learn the facts, and the best way out of this forced showdown.

Caribbean Airlines – non-stop Georgetown, Toronto Flights – video

Caribbean Airlines to commence non-stop Georgetown, Toronto Flights

December 3, 2012 – CapitolNewsGY – With the busy holiday season touching down, Caribbean Airlines will on Tuesday December 4, 2012, begin its non-stop service between Georgetown and Toronto. The airline has announced that it will be flying twice weekly non-stop between the two destinations. Previously Caribbean Airlines stopped over in Trinidad before going on over to Canada. There have been calls for a more direct flight.

EZJet had started that service just months before it collapsed, leaving Caribbean Airlines as the only carrier plying the market.   Caribbean airlines also now offers non-stop service to New York.

Chinese-owned stores creating stiff competition in Guyana

The Chinese-owned stores are giving the local commercial class headaches

November 29, 2012 | By |  Columnists, Peeping Tom

There was a time when if you wanted a specific item, you had to ask around to find out where it could be obtained. Some items were often hard to come by and you were required to go from shop to shop in order to be able to procure what you were looking for.

By and large all that has changed, and changed rapidly ever since the invasion of the commercial sector by stores operated by Chinese nationals. Whatever you want you can find in one or more of these stores. If one does not stock that item, another will.   Continue reading

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