Daily Archives: 11/09/2021

Guyana- Global Enterprise Week (GEW) – Virtual Event – Startup Huddle – November 10. 2021 – 10.00am – 12.00 pm EST


VIEW and REGISTER: Global Enterprise Week – GEW Guyana 2021

 Here are the links to the event information page and to the registration page.

Guyana: ‘Govt.’s borrowing binge will hurt Guyana’ – says former Finance Minister Jordan

Nov 08, 2021 –Kaieteur News Former Finance Minister Winston Jordan, has expressed grave concerns over Guyana’s borrowing spree and he also questioned the legality of a letter sent to the Chinese ambassador regarding a loan request of US$1.5B, which he said was signed by a finance ministry official instead of the subject minister who according to Section 58(1) of the Fiscal Management and Accountability Act 2003 (FMAA), has the sole authority to borrow on behalf of the Government of Guyana.

In a letter to the editor of this newspaper, Jordan said that he had begun to hear rumours, around March, about the government’s approach to China for loans totalling US$1.5 billion, to finance various infrastructure projects.        Continue reading

Guyana on brink of becoming one of world’s largest oil holders; careful management is key – says EITI

The Liza Unity FPSO, Guyana’s second oil production vessel.

OILNOW – 08 November 2021

Recent Atlantic offshore oil discoveries have promised to generate an economic boom for Guyana and its’ citizens, the Extractive Industries Transparency Initiative (EITI) said, pointing out that mainly left unexplored until 2015, the nation is now on the brink of becoming one of the world’s largest oil reserve holders and the 2nd largest in South America.

Since its first world-class discovery in 2015, ExxonMobil has made over 22 discoveries at the prolific Stabroek Block, hitting just three non-commercial wells.

“Exploration results have revealed an unprecedented success rate of over 80% with estimated gross recoverable resources at over 13.6 billion barrels of oil and gas,” EITI said, pegging the discovered resources above the latest estimate put out by Exxon of 10 billion barrels of oil equivalent. This places the South American country in the top 20 list of nations for oil reserves.          Continue reading

Canada: Unlicensed Toronto cannabis dispensary caught with pot-filled knock-offs of big brands

BlogTO – 09 November 2021

Cannabis stores have become the new Starbucks, and you can find one in just about every Toronto neighbourhood now. In fact, you can probably find more than just one.

But not all dispensaries are legit: a black market still caters to a large share of cannabis consumers unsatisfied with the high prices and potency limitations imposed on government-approved pot products.            Continue reading

U.S.-Canada land borders are finally open … and here’s what you need to know

BlogTO – 08 November 2021

The U.S. land border finally reopened to Canadians this morning as of 12:01 a.m., ending the last of the extended closures that restricted “non-essential” travel between the two countries since March 21, 2020.

Restrictions have been easing since the summer, starting with partial border openings for fully vaccinated travellers into Canada and ramping up with additional restrictions lifted in August and September.

The August easing of non-essential travel by the Canadian government has allowed Americans to enter the country by car or rail for the last two months, though the U.S. government is only now following suit       Continue reading

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