Daily Archives: October 25, 2019

Grenada Receives Over EC$77 Million From Its Citizenship By Investment Program

Map of Grenada and its islands

ST. GEORGE’S, Grenada, October 23, 2019 (CMC) – Grenada says it has received more than EC$77.7 million ($1 US = $2.66 EC}, during the first nine months of this year, after approving 156 applications under the Citizenship by Investment Program (CBI).

According to the figures, published on the website of the Ministry of Finance, the authorities had received 252 applications under the CBI, which allows for foreign investors to make a substantial investment in the socio-economic development of the island, in return for being granted citizenship.    Continue reading

Guyana may only have around 10 years to benefit from oil and gas – Commentary

Dear Editor,  ( Letter by Alexander Ramessar )

Future cities – Green EV revolution- electric cars

At this time, it is my opinion that the oil industry in Guyana will come to an end within a relatively short time frame. I am an Environmental Scientist educated at the University of Guyana and the University of Toronto with over a decade of Environmental Management experience in Ontario, Canada. The following are my personal views and opinions based on my investigation when making the decision to purchase an electric vehicle.

As seen with Guyana, existing technology is capable of finding reserves in the many billions of barrels which can keep this oil market going with a business as usual scenario. However, there is ongoing pressure from grassroots organisations to force decision makers to implement policy choices to meet emission reduction targets to tackle the global climate crisis. As a result society will increasingly adopt new green technology such as EVs which will weaken the demand for oil.        Continue reading

Guyana: In praise of the The Iwokrama Centre for Rainforest Conservation- commentary

The almost one million acres (371,000 hectares) of land set aside since 1989 for conservation and the study and practice of sustainable use of forests, was a gift to the rest of the world that also benefits us.      Continue reading

Guyana Politics: APNU, AFC talks stall over prime ministerial candidate

From left are Dominic Gaskin, Cathy Hughes, Sherod Duncan and Raphael Trotman

From left are Dominic Gaskin, Cathy Hughes, Sherod Duncan and Raphael Trotman

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Speaking at press conference on October 24, AFC Treasurer Dominic Gaskin explained that the naming of the Presidential and PM candidates by the APNU and AFC respectively remains a “fundamental and non-negotiable tenet” of the coalition.            Continue reading
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