Daily Archives: July 4, 2020

TRAVEL: Six airlines to serve Guyana; other CARICOM countries following LIAT’s collapse

LIAT at ‘Ogle’ International Airport.

Six  privately-owned airlines are being considered to link Guyana with the numerous scattered Caribbean islands as the several Caribbean shareholder governments say they are broke and can no longer afford to pump money into the ailing LIAT (1974) Ltd.

LIAT’s board has decided to ground the decades-old regional carrier and separate assets from liabilities because of insolvency. The financial situation has worsened because the airline has been grounded for several weeks now due to the fact that most Caribbean countries have closed their airports due to COVID-19.    Continue reading

Business: Investors’ love affair with commercial property is being tested – The Economist

The sector faces a shake-up

You may not realise it, but a growing share of your savings and pensions pot has been wagered on the commercial buildings in which you work, shop and sleep. The original idea was that these investments would provide a steady stream of earnings for decades into the future, rather as government bonds did before interest rates fell so low. But now the virus has thrown that assumption into a cement mixer.

Across the world millions of tenants have stopped paying rent, leading to chaos among shopping-mall and office landlords (see article). In the longer term, a renewed appreciation of the threat from pandemics, and of the potential of new technologies, could lead to a sharp shift in how commercial buildings are used. Savers and fund managers need to be alert. A safe, slow-moving asset class has become an unpredictable one that demands scrutiny and active management.      Continue reading

Guyana: COVID-19: Mining shut down; movement in Regions 1 and 7 blocked as cases rise

Click to enlarge

In the wake of a steep rise in coronavirus cases in Region One (Barima-Waini) and Region Seven (Cuyuni-Mazaruni), government has shut off several mining sites, residential areas and businesses.  “All mining operations shall cease,” the amended order states.

The Guyana Gold and Diamond Miners Association has said the spike in COVID-19 cases has very little to do with miners but with other workers at landings where miners dwell as well as movement of people across Guyana’s porous borders.        Continue reading

US Politics: Trump is Facing the Thing He Dreads Most: A LOSER

Pres. Donald Trump

Opinion by Michael D’Antonio | CNN

(CNN) Declaring in 2016 that “I alone can fix it,” Donald Trump made the country’s fate all about him. He promised so much “winning” we’d get sick of it, and asked “What have you got to lose?” As President he made everything into a fight between Team Trump (good) and everyone else (bad). He bullied those he couldn’t persuade and even survived an impeachment trial.

BUT NOW, confronted with a pandemic, an economic crisis, and a moment of reckoning over racism, the limit of the president’s method is obvious, and he seems on the brink of becoming the thing he most dreads: A LOSER.      Continue reading

USA: The Racist Confederate Monuments are Coming Down – By Jeffrey Robinson – ACLU

Myths About Confederate Monuments | NowThis – By Jeffrey Robinson – Deputy Legal Advisor. ACLU

The Racist Confederate Monuments are Coming Down 

If you do not know the history you will never understand.
I think I am seeing what he is saying —this is it. The Young Americans of all Races are going to Change America in the year 2020. It is going to be ====  DO OR DIE  ==== Enough is Enough.

Sir James Douglas – born 15 August 1803 in Demerara [Guyana] – Governor of BC

Sir James Douglas – Governor of British Columbia (1858-64)

Sir James Douglas, governor of Vancouver Island (1851–64) and British Columbia (1858–64), fur trader (born 15 August 1803 in Demerara [Guyana]; died 2 August 1877 in Victoria, BC). Remembered as “the Father of British Columbia,” Sir James Douglas helped establish colonial settlement, trade and industry on the West Coast. As Chief Factor of the Hudson’s Bay Company (1839–58), he helped the HBC become a trading monopoly in the Pacific Northwest.
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As governor of the Crown colonies of Vancouver Island and British Columbia, he initiated British rule west of the Rocky Mountains and negotiated land purchases with First Nations, which some argue were conducted in bad faith (see Treaties with Indigenous Peoples in Canada).

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