Daily Archives: March 18, 2020

Guyana Closes International Airports In Effort to Deal with Coronavirus

No flights will be allowed into Guyana, except for cargo flights, planes that have to make technical stops and special authorized flights.

(Caribbean360) – GEORGETOWN, Guyana, Tuesday March 17, 2020 – Guyana’s major ports of entry will be closed from midnight tomorrow as authorities try to stem the spread of the novel Coronavirus (COVID-19) which has resulted in one death in the Caribbean Community (CARICOM) nation.          Continue reading

Impact of coronavirus… Guyana slowly grinds to a halt – services affected

Medical: Why Covid-19 is so dangerous for older adults – VOX

Older people and people with chronic illness are at greater risk, and how we respond to the threat affects everyone.

Now, that data, along with emerging research from Italy — the second-most-affected country in the world — is showing just how dangerous Covid-19 is for older people, and others with with heart, lung, and immunological conditions.      Continue reading

OPINION: Falling oil prices and COVID-19 will damage Caribbean growth – By David Jessop

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In normal times a sudden drop in the price of oil would elicit a collective sigh of relief among Caribbean governments and Central Bankers. However, these are not normal times.

The ill-judged decision by Crown Prince Mohammed bin Salman, the de facto ruler of Saudi Arabia, to pump more oil at just the moment the global economy is reeling from the impact of the Corona virus, COVID-19, has created a global shock that will touch the Caribbean in ways that may suppress growth for years to come.
In essence, what the Saudi Prince decided to do, just as international markets were going into free fall and global demand for oil was in decline as a result of the Corona virus, was  to flood an oversupplied world energy market with 12.5m barrels a day of crude. His aim was to try to take market share away from OPEC rivals and particularly Russia which has little spare capacity to compete.          Continue reading
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