Monthly Archives: March 2022

GUYANA: Foreign companies already manipulating local content laws – PSC Executive

Ramesh Dookhoo

By Kurt Campbell – NewsRoom- Guyana

Chairman of the Trade and Investment Committee of Guyana’s Private Sector Commission (PSC) Ramesh Dookhoo on Tuesday said that some foreign companies have begun manipulating systems put in place to ensure Guyanese benefit from oil proceeds under the new Local Content Act.

Dookhoo, while speaking at a luncheon hosted by the Guyana Manufacturing and Services Association (GMSA), said “already we are seeing foreign companies making staff members shareholders in the company and doing other manipulative things to qualify for the local content register.”

The Local Content Act is very specific on who a Guyanese is and what constitutes a local company. Once qualified, citizens and local companies can find themselves on a register with specific benefits guaranteed.           Continue reading

RUSSIA-UKRAINE War: It Is Called Suing For Peace  – By Lucian K. Truscott IV  

By Lucian K. Truscott IV

Pretty much all you need to know is that you don’t sue for peace when you’re winning.  You do it when you’re getting your ass kicked and you want to slither out of trouble without having to sign an unconditional surrender.  Kind of like the Russian position took today in its talks with Ukraine in Turkey.  We’re going to pull back from Kyiv, and let’s talk about a ceasefire, and by the way, our president is willing to meet with your president whenever we get a deal on the table.

It was right there on the faces of the guys who drew the short straw and were sent out for a press availability when the talks had concluded.  Call it fear or dread or discomfort or rank humiliation, whatever it is, those two had it.  One guy looked like he was headed back to his hotel room to look up Orbitz for flights out of Istanbul on any airline but Aeroflot, the other guy looked like somebody had been beating on him with a two by four.  Something had happened over the last 24 to 48 hours to the Russian delegation and it wasn’t good.            Continue reading

UKRAINE WAR: World Economy: A ‘bone-crushing recession’ is forecasted – Opinion

Wall Street’s top investors warn that the war in Ukraine will provoke widespread economic chaos

BUSINESS INSIDER: By Linette Lopez – March 27, 2022

If you thought the stock market’s sell-off to start the year was ugly, get ready: Wall Street’s most elite investors are bracing for an even deeper market shock as the war in Ukraine drags on.

In my conversations with some of the top minds in finance, many of whom talked to me on the condition of anonymity to speak candidly about where the market is headed, a consensus emerged: Russia’s invasion of Ukraine has kicked their predictions for a stock-market “washout” into hyperdrive. The murky global economic picture, clouded by supply-driven inflation pressures, is now even more complex and uncertain. And the shifts that turned some of the market’s high-flying winners into losers are only becoming more pronounced.        Continue reading

GUYANA: Rapid development requires 100.000 additional workers + Investments – Foreign Secretary

‘Urgently explore opportunities at home’ – Foreign Secretary tells Guyanese in T&T

Recently, Persaud told members of the Guyanese diaspora in Trinidad and Tobago (T&T) that the Guyanese economy is growing at a fast pace and both skilled and unskilled workers are needed to fill public and private sector jobs.

He said the Government of Guyana is trying to woo members of its diaspora to return by offering several incentives including tax concessions on personal effects such as vehicles and housing lots in Guyana.          Continue reading

GUYANA: Guyana is now a land of opportunity – Opinion – Trinidad Guardian

By Raphael John-Lall – Trinidad Guardian Newspaper

Formerly one of the poorest countries in the region, Guyana is now transforming itself into the investment capital of the Caribbean. A place to do business, a place to work, a place to play.

This is how T&T nationals among other countries are viewing this South American country.

Some observers predict in future Guyana will be the next “Dubai of the Caribbean.” The Caribbean’s next best thing and a land of opportunity.

Guyana’s Finance Minister Ashni Singh expects the oil and gas sector to grow by 96.7 per cent and the country’s real Gross Domestic Product (GDP) to increase by 47.5 per cent in 2022. Guyana’s forecasted oil production of one million barrels per day (bbl/d) by 2030 and projected income of tens of billions in the next decade puts it ahead of the rest of the Caribbean region.        Continue reading

UKRAINE: Zelensky to world powers: ‘Fear makes you an accomplice’ – BBC News

Zelensky to world powers: ‘Fear makes you an accomplice’


In his nightly video address, he harshly criticised the “passive” nature of some sanctions, saying the world cannot wait for Russian actions to respond.

Zelensky lamented that “strong preventive sanctions”, if they had been adopted by world powers earlier, might have prevented the invasion.        Continue reading

SPORTS: FOOTBALL: SOCCER: Canadian men qualify for 1st World Cup since 1986 – CBC Sports

— with shutout victory on home soil

Canada’s Tajon Buchanan (11) celebrates after scoring a goal during a 4-0 CONCACAF World Cup qualifying win over Jamaica, at BMO Field, in Toronto, on Sunday. (Evan Mitsui/CBC)
Canada celebrated the sport of soccer Sunday as the Canadian men won qualification to the 2022 World Cup.

They did it in style, hammering an outmatched Jamaican side 4-0 on a frigid day at BMO Field to improve their CONCACAF qualifying record to 14-1-4 over three rounds and end a 36-year absence from the men’s soccer showcase.


GUYANA: Jagdeo: New ID cards, with security features, to make business transactions easier

The government is exploring the creation of new Guyanese identification (ID) cards that will facilitate easier transactions at government agencies and other entities, Vice President Dr. Bharrat Jagdeo said on Sunday.

These new ID cards would include biometric features such as fingerprints or eye scans.

Jagdeo told a gathering of Region 10 residents that these cards, once introduced, could be used to conduct transactions at the National Insurance Scheme (NIS), Guyana Revenue Authority (GRA), and banks.

While these cards are expected to make transactions easier, the Vice President said they are also part of an increasing focus on improving security in Guyana.  Continue reading

GUYANA: Agriculture: President Ali launches black belly sheep project in Region Five

President Ali

─ says region could be the livestock capital of CARICOM

─ 1000 sheep to arrive in 2 weeks

─ youths, women to be integrally involved

President, Dr. Mohamed Irfaan Ali on Sunday, launched the anticipated black belly sheep project in the Mahaica-Berbice (Region Five), as government intensifies its agriculture programme.

With the region being Guyana’s largest producer of livestock, President Ali said it has the potential to become the livestock capital of the Caribbean Community (CARICOM).  Continue reading

CRICKET: West Indies defeat England in Third Test to clinch series – 2 Videos

Extended Highlights | West Indies v England | Da Silva & Mayers Brilliance! | 3rd Apex Test Day 3

–SECOND VIDEO BELOW …  West Indies WIN      Continue reading

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