Daily Archives: March 10, 2020

Linden Fund USA (LFU) – Annual Spring Dance – Brooklyn NY – March 21, 2020 – POSTPONED

World Bank accused over ExxonMobil plans to tap Guyana oil rush

Washington DC-based bank grants funds to redraft south American state’s oil laws by lawyers linked to oil giant

Ships carrying supplies for an ExxonMobil offshore oil platform leave the Demerara river south of Georgetown, Guyana.
 Ships carrying supplies for an ExxonMobil offshore oil platform leave the Demerara river south of Georgetown, Guyana. Photograph: Luc Cohen/Reuters

The World Bank is to pay for Guyana’s oil laws to be rewritten by a legal firm that has regularly worked for ExxonMobil, just as the US producer prepares to extract as much as 8bn barrels of oil off the country’s coast.

The World Bank has pledged not to fund fossil fuel extraction directly, but it is giving Guyana millions of dollars to develop governance in its burgeoning oil sector, as the south American country prepares for an oil rush led by ExxonMobil and its partners.          Continue reading

Statement from President Granger relating to GECOM and Election Results

Granger says won’t allow `political malefactors to hijack our democracy’

President David Granger
President David Granger

Adverting to elections related unrest in recent days, President David Granger today said he won’t allow “political malefactors to hijack our democracy”.

Granger, who is performing the functions of a caretaker President, also said that he has no control over GECOM and urged the public to allow the Election Commission “to execute its mandate to deliver credible elections to the Guyanese people”.

The statement issued by President Granger follows:

STATEMENT BY HIS EXCELLENCY DAVID GRANGER

PRESIDENT OF THE COOPERATIVE REPUBLIC OF GUYANA            Continue reading