A new Human Rights Report released by the US Department of State has found that Guyanese citizens continue to perceive widespread corruption in every level of government and its branches.
The 2021 report was released last week. The report stated that the law provides for criminal penalties for corruption by officials, and the government generally implemented the law effectively. It said there were isolated reports of government corruption during the year, and administration officials investigated these reports but, “there remained a widespread public perception of corruption involving officials at all levels and all branches of government, including the police and judiciary.” Continue reading →
WORLD TRADE: Panic At Sea: Nearly 2,000 Ships Stuck Outside Ports As Container Shortage Intensify – video
Panic At Sea: Nearly 2,000 Ships Stuck Outside Ports As Container Shortage Intensify
Epic Economist – April 21. 2022
The already stressed global supply chain is all set to face a fresh wave of backlogs, congestion, and shortages as new shockwaves emerge in almost every link of the system. Conditions continue to worsen by the day as Chinese ports operate at bare minimum capacity due to virus-related restrictions imposed by the government.
The disruption in the flow of goods in and out of the country is expected to reach alarming proportions and cause serious distortions in the market in the weeks ahead. The problem is particularly worrying between the US and China — the world’s busiest shipping route — but the restrictions will have a cascading impact all across the globe. Continue reading →
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