Aug 14, 2019 News
Bloomberg, one of the world’s leading news platforms, has turned its spotlight once again on Guyana’s oil sector. This time, its focus was primarily on the nation’s preparedness to receive and efficiently manage the billions of oil revenue to flow from the ExxonMobil –led Stabroek Block.
The international news site stated that Guyana is “unprepared for what’s coming.”
Bloomberg noted that while Guyana is mere months away from first oil, its petroleum laws remain outdated, the Energy Department is underfunded, new and relevant laws have not been established, a regulatory body to oversee production is virtually nonexistent, and while a Natural Resource Fund was established to save as much as $5B in revenue per year by 2025, the government is still to put forward a plan on how it will use those funds. Continue reading →
The Golden Age of the Cinemas in Guyana – By Dr. Dhanpaul Narine
– By Dr. Dhanpaul Narine
Astor Cinema
The music from ‘Jaws’ began faintly. As it reached a crescendo, the great white shark leaped and landed with a big splash. It’s razor-sharp teeth ripped an arm, then a leg that colored the ocean red. A prim and proper lady in balcony screamed, jumped, and landed in the lap of a stranger! It was thrills galore at Astor cinema, in Georgetown.
The cinemas in Guyana are no more. But there was a time, not so long ago, when they were fun, exciting, offered escapism, and became the hub of the community. Many of the buildings were elegant, with pleasing lines of architecture and comfortable seating. The cinemas brought Guyanese of all shades together and the movies left a lasting impression.
READ MORE: Cinamas in Guyana
DEMOLITION OF ASTOR CINEMA – Interview with Dave Martins
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