Daily Archives: March 13, 2020

Guyana Elections 2020: GECOM Chair intervenes to regularise Region Four declaration

According to reports, the suspension had occurred in an effort to clarify the ruling handed down by Chief Justice, Roxane George-Wiltshire. It was stated that the Chair was waiting to peruse the written judgment that was made by the CJ.

By last evening, the Guyana Elections Commission announced that the tabulation would restart today at 09:00 hours.    Continue reading

Guyana Elections 2020: US warns Guyana of consequences

– says ‘de facto’ regimes will not receive same treatment as democratically elected ones

The US is taking a tough stance on the elections developments in Guyana. Yesterday it hinted at sanctions.

 US Assistant Secretary, Michael Kozak

“Under U.S. law and practice, those who participate and benefit from electoral fraud, undermine democratic institutions and impede a peaceful transition of power can be subject to a variety of consequences,” says Assistant Secretary (ag) for U.S. Department of State’s Bureau of Western Hemisphere Affairs, Michael Kozak, in Twitter posts.        Continue reading

US Politics: Bernie Sanders Addresses Health and Economic Crisis Facing US as Coronavirus Spreads

“Now is the time to come together with love and compassion for all, including the most vulnerable people in our society.”

“Now is the time for solidarity,” Sanders said. “Now is the time to come together with love and compassion for all, including the most vulnerable people in our society.”

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Oil-Price War – Scorched earth …. No one is likely to win – The Economist

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Barrel- crude logo

CRUDE OIL SUPREMACY: Saudi Arabia, Russia and America will all suffer

Finance and economics  Mar 14th 2020 edition – The Economist

Saudi Arabia and Russia are used to fighting their enemies via proxies. But the oil-price war that has broken out between them is head-on and has swiftly escalated. It started when Russia refused to slash production during a meeting with the Organisation of the Petroleum Exporting Countries in Vienna on March 6th. Saudi Arabia, opec’s de facto leader, hit back with discounts to buyers and a promise to pump more crude.

Shortly thereafter it said it would provide customers with 12.3m barrels a day (b/d) in April, about 25% more than it supplied last month—and a level it has never before attained. Russia said it could raise output, too, adding up to 500,000 b/d to its 11.2m b/d. The price of Brent crude plunged by 24%, to $34 a barrel, on March 9th—its steepest one-day drop in nearly 30 years.

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