Daily Archives: 04/25/2015

Is Public Stripping a PPP Political Tool – Dr. David Hinds

Is Public Stripping a PPP Political Tool

Dr. David Hinds

Dr. David Hinds

Dr. David Hinds

I join with others in expressing utter disgust at Minister Ramsaran’s abuse of Sherlina Nageer. But I have to say that I am not the least surprised. For the last 23 years we– all of us–have allowed the PPP to criminalize others while they, the PPP, have used the cover of the government and state to abuse and intimidate others without sanction.

Some of us have been crying out as loud as we could, without success, for some acknowledgement that political abuse, violence and otherizationhave now become systemic in Guyana. Sometimes we are shut down by the press. WPA’s Professor Clive Thomas has long pointed to the criminalization of the State under the PPP.   Continue reading

Guyana: Capitol TV News Videos – 24 April 2015

Guyana: Capitol TV News Videos – 24 April 2015

  • Ramotar reprimands Health Minister over abuse of activist Nageer
  • Increased salaries, other benefits for security sector if coalition wins
  • Ramotar will have to “address” Best’s endorsement of coalition– Luncheon
  • Young opposition coalition leaders say promises will be kept
  • Kazakhstan wants improved ties with Guyana, CARICOM
  • Sports

Click Links below to view the TV news videos:-

Ramotar reprimands Health Minister over abuse of activist Nageer

Posted: 24 Apr 2015 07:09 PM PDT    Continue reading

China’s New Investment Bank: A Premature Prophecy – By Mark Fleming-Williams

Has the U.S. Lost Its Role as Driver of Global Economy?‏

China’s New Investment Bank: A Premature Prophecy

Global AffairsGlobal Affairs – April 22, 2015 | 08:00 GMT – STRATFOR

By Mark Fleming-Williams

Former U.S. Treasury Secretary Lawrence Summers wrote on April 5 that this month may be remembered as the moment the United States lost its role as the underwriter of the global economic system. His comments refer to the circumstances surrounding China’s launch of a new venture, the Asian Infrastructure Investment Bank (AIIB). Wary of China’s growing ambitions and influence, the United States had advised its allies not to join the institution, but many signed up anyway. The debacle was undoubtedly embarrassing for Washington, but even so, Summers’ prophecy is a bit premature at this stage.

To understand why, one must first understand the basis of the United States’ dominant economic position in the world. At the height of World War II, the heavily indebted United Kingdom signed the Lend-Lease deal, which handed over British naval bases to its American cousins in exchange for financial support. This act was akin to passing the military superpower baton, since it transferred control of the world’s oceans to the United States.   Continue reading

The View from Europe: The future is services – By David Jessop – Commentary

Commentary: The View from Europe: The future is services
Published on April 25, 2015 – By David Jessop
When in the early 1990s it became apparent that Europe’s preferential regimes for Caribbean bananas and sugar were coming to an end, an impassioned debate began about a transition to other forms of economic activity. For the most part, the language then was about alternative crops, import substitution, manufacturing, exports and financial services, with little said about tourism, as its sustainability was widely regarded as uncertain.

  David Jessop

Since then the world has moved on. Tourism has come to dominate most Caribbean economies; offshore financial services, after being encouraged, have come under threat from the same developed countries that had originally recommended them; and agriculture has only begun to genuinely reorient itself where it is low cost, has clear niche opportunities, or there is a recognised need to ensure food security.

Although this diminished role for traditional agriculture is still hard for some in the region to accept, it is clear that the greater part of the economic future for smaller economies is now in services (alongside taking much greater advantage of the Caribbean’s economically strategic location to transship, assemble or manufacture). So much so that in the small island economies it is likely to be the services sector that becomes the significant economic driver in the future.
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