Daily Archives: October 12, 2018

Charlestown Alumni Association NY (CAANY)- 29th Annual Benefit Dance – October 20. 2018

              Download:  CAANY_October 2018 Flyer

Why Are Most Caribbean Governments Ignoring A $500 Billion Marijuana Industry?

Potentially A $500 Billion Industry … recreational cannabis in Canada from Oct. 17th. 2018

legal-marijuana-and-the-caribbean

Legal Marijuana in Canada

News Americas, NEW YORK, NY, Fri. Oct. 12, 2018: As per usual, most Caribbean governments are lagging behind the 8th ball when it comes to the multi-billion-dollar industry of marijuana – a herb that easily grown in the region and has for many decades now.

The snail like movement in some nations and the non-movement in most others, come as Vivien Azer, the only pot analyst from a major Wall Street research house, claimed this week that that the market could be one day worth $500 billion.     Continue reading

Guyana- Property Dispute: Campbellville property sold to radio station… Two Transports surface

30 Garnett Street. Campbellville

There appears to be light at the end of the tunnel over a disputed piece of Campbellville property that has ended up in the hands of radio station controlled by a Trinidadian company.

On Wednesday, representatives of Ansa McAl disclosed that according to their files, the property at 30 Garnett Street was sub-divided more than 40 years ago between two brothers.  However, one is claiming that no sub-division happened and fraud was involved.      Continue reading

Who will be the world’s largest oil producing country – per person – in the 2020s? – commentary

Exxon-Mobil- Exploration Rig

………..  that honour will belong to the South American nation of Guyana

Kuwait perhaps, with three million barrels per day and a population just over four million? Saudi Arabia or, looking further afield, Brunei or Norway? No, that honour will belong to the South American nation of Guyana, which could well be sharing output of 700,000 barrels per day among just 770,000 people.

Although adjacent to Venezuela, Guyana has been better known for sugarcane, and cricketers such as Clive Lloyd, Lance Gibbs and Shivnarine Chanderpaul, than oil. But after first striking oil at Liza in 2015, ExxonMobil and partners Hess and China National Offshore Oil Corporation have made nine major discoveries in deep offshore waters, with production due to start in 2020.      Continue reading

Pegasus Suites and Corporate Centre US$100M expansion project commences

Pegasus Hotel Expansion

Works on the Pegasus Suites and Corporate Centre have now commenced next to the current Pegasus Hotel.

Privately-owned Pegasus Hotel, looking to capitalize on the emerging oil and gas sector, has unveiled an ambitious US$100M expansion project, including a 15-storey tower and state-of-the-art convention centre.
On March 8, 2018, the sod was turned in the hotel’s adjoining property near the tennis court with Chairman, Robert Badal, hailing the investment as the city’s largest investment.
The contract has been awarded to China Harbour Engineering Company (CHEC), the same company that is in charge of the US$150M airport expansion at Timehri and the MovieTowne project at Liliendaal, East Coast Demerara. Continue reading

Guyana Politics: The Familiar Ring of the Elections Season – By Ralph Ramkarran

The Familiar Ring of the Elections Season 

By Ralph Ramkarran – 6th October 2018

Local government elections are to be held on November 12. With it, the never-ending stream of suspicions emerged as the Government established new local government units and merged others. The Opposition argued that these were done to give an advantage to the Government and the Opposition, through one of its representatives, promptly launched legal proceedings. This event provided the explanation for the ‘disappearance’ of the Chief Elections Officer, Mr. Keith Lowenfield, on one of the most critical days of the elections process, namely, the day after the submission of lists, when corrections have to be made and defects rectified.       Continue reading

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