GEORGETOWN, Guyana (CMC) — Guyana’s Finance Minister Winston Jordon has sought to assure the country that the economy remains sound and that external debt levels are still below 50 per cent of the country’s Gross Domestic Product (GDP) – a key indicator of a country’s financial health.
Debt to GDP for an economy is similar to a household’s combined debt – from credit cards, mortgages or small loans – as it compares to its income.
In the case of Guyana, the most recent figures indicate a debt level of 45.2 per cent in 2017 and 46.4 per cent in 2016. Continue reading
The US Deportation Industry – By Dr. Dhanpaul Narine
The US Deportation Industry – By Dr. Dhanpaul Narine
US- Detention Prison
Families are separated without any pity. The parents are in Texas while the children are in New York, or elsewhere. Deportation is a million-dollar industry in the United States. A number of private contractors are rubbing their hands with anticipation at Donald Trump’s immigration policy. The deporting of 12 million undocumented immigrants, and splitting of families, will make a number of businesses rich.
Obama said recently, ‘It is the imagery of Trump’s proposals that will hurt. The sight of children being wrenched away from parents is most troubling. It is un-American.’ It is definitely contrary to the values of America and indeed to any decent society. But this ‘wrenching’ is exactly what is happening under Trump; people are deported for trivial reasons and families are split with little hope of being reunited.
Read more: The US Deportation Industry
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