Daily Archives: 06/29/2013

Capitol News – TV video Reports – June 28, 2013

06/29/2013 – 12:35 pm
Capitol News at June 28, 2013
  • US Ambassador responds to President Ramotar’s criticism of Guyana’s TIP ranking -28th Jun 2013
  • Motion calling on Gov’t to honour August 21, 2012 Linden agreement passed – 28th Jun 2013
  • Former broadcaster Viera criticizes mechanism used by Gov’t to determine broadcast licence fee – 28th Jun 2013
  • Guyana Women Miners Organisation ready to constructively engage Guyana Gov’t – 28th Jun 2013
  • Education Ministry sends warning to Headteachers about soliciting fees from Parents – 28th Jun 2013
  • Local cricket fans eagerly look forward to the return of International cricket – 28th Jun 2013

View Capitol News TV reports below:    Continue reading →

By guyaneseonline | Posted in Business, Education, Government, Guyana, Politics, Sports | Tagged , , , , , | Comments (0)

€23.4M sugar support…EU stipulates conditions

06/29/2013 – 4:46 am

€23.4M sugar support…EU warns of conditions before release of funds

JUNE 21, 2013 | BY KNEWS |    By Leonard Gildarie 

As emotions continue to run high over the state of the Guyana Sugar Corporation (GuySuCo), Government and the European Union (EU) yesterday signed off on a €23.355M financing agreement, but the country will have to meet set conditions first before drawing down.

Europe has over the years been this country’s biggest customer of raw sugar, but an accumulative price cut of over 36% – starting seven years ago – had threatened to shut factories down. The EU decided, as part of its alleviation efforts, to help 20 of the sugar-producing countries from the African/Pacific/Caribbean (ACP) grouping recover from the cuts by injecting cash. Initially the monies targeted specific sugar projects to improve efficiency, but the EU has started disbursing to the government itself.  [Read more  €23.4M sugar support…EU]

By guyaneseonline | Posted in Agriculture, Business, Government, Guyana | Tagged , , , , , | Comments (0)

Guyana: Four years to ‘fix’ sugar industry

06/29/2013 – 2:26 am

Four years to ‘fix’ sugar industry

JUNE 28, 2013 | BY  |  By Leonard Gildarie  

         …as EU to end quota system in 2017

In what is being regarded as a compromise, Europe – the country’s biggest bulk sugar customer – has agreed to end the quota system by 2017, giving Guyana just four years to fix the industry.
The decision was taken Wednesday June 26, 2013 during a critical meeting of the European Parliament, the EU Council of Ministers and the European Commission in Brussels, Belgium.

The EU has decided that 2017 is the deadline for ending its sugar quota.

It means that the forum would have disagreed with a January decision in which the European Parliament’s Committee on Agriculture and Rural Development voted to extend the sugar quotas, for the African, Caribbean and Pacific (ACP) Group of States, to 2020.

Guyana is part of that ACP sugar-producing grouping that is affected. The sugar quota  system stretched back to the 1970s.    Continue reading →

By guyaneseonline | Posted in Agriculture, Business, Government, Guyana | Tagged , , , , , , | Comments (1)

Capitol News – TV video Reports – June 27, 2013

06/29/2013 – 1:56 am
Capitol News at June 27, 2013  
  • Two sentenced to five years in prison for Health Ministry building fire – 27th
  • Guyana Investment Conference opens – 27th Jun 2013
  • U.S. Government honors Guyana female miner for fighting against trafficking in persons – 27th Jun 2013
  • Opposition supports Government’s motion for the Ratification of the Arms Trade Treaty – 27th Jun 2013
  • Natural Resources Ministry recommends Bosai Bauxite Company take action to improve the safety of its workers – 27th Jun 2013
  • Cricket:   Guyana to host first two ODIs of the WI vs Pakistan series starting July 14th – 27th Jun 2013

View Capitol News TV reports below:    Continue reading →

By guyaneseonline | Posted in crime and Investigations, Economics/Finance, Government, Guyana, Sports | Tagged , , , , , , | Comments (0)