Category Archives: Business

Guyana: Airport Expansion: Quality checks delay CJIA handover

January 18, 2020 – 12:10 am

Cheddi Jagan International Airport (CJIA)

 Jan 17, 2020  Kaieteur News

The Cheddi Jagan International Airport (CJIA) project is on its way to be finally handed over. According to Minister within the Ministry of Public Infrastructure (MOPI), Jaipaul Sharma, the project is 93% completed and is expected to be handed over to the airport authorities by the first quarter of this year.

The sod was turned for the airport in early 2013 but the US$150M project has been dogged by one problem after the next. It was first scheduled to be handed over in late 2015.
The completion date has been pushed back several times since then.          Continue reading →

By guyaneseonline | Also posted in Architecture, Economics/Finance, Government, Guyana, Guyana infrastructure, Personalities, Transportation | Tagged , , | Comments (3)

Guyana: Intense police presence needed to stomp out Georgetown’s minibus park chaos

January 18, 2020 – 12:03 am

Picture of the bus parks in the city

 Jan 17, 2020   Kaieteur News

President of the United Minibus Union (BMU) Eon Andrews, and Chairman of the Sophia Minibus Branch, Unzie Copeland, are pleading with the Guyana Police Force to intensify their presence at the various minibus parks with the aim of lessening the chaos of over loading that usually occurred.

Kaieteur News understands that the pleading comes after the issue of overloading minibuses has increased drastically.    Continue reading →

By guyaneseonline | Also posted in Commentary, Government, Guyana, Transportation | Tagged , | Comments (7)

The Uneasy Truce of Trump’s Trade Deal with China – John Cassidy | The New Yorker

January 17, 2020 – 12:41 am

USA – China flags

John Cassidy | The New Yorker

When the history is written of how China came to replace the United States as the world’s biggest economy, the interim trade deal that Donald Trump and Liu He, China’s Vice-Premier, signed at the White House on 15 January 2020 will probably be relegated to the postscript.

The economic growth that China has experienced since Deng Xiaoping came to power, in the late nineteen-seventies, is so remarkable that, once you adjust for the fact that prices of the same goods can vary widely from country to country, China’s economy is already about four trillion dollars larger than the U.S. economy, according to the World Bank. As time goes on, this gap will almost certainly get larger and larger.            Continue reading →

By guyaneseonline | Also posted in Commentary, International News, Technology, USA Politics and Economy | Tagged | Comments (14)

Barbados To Begin Issuing Licenses For Marijuana Cultivation Next Month

January 16, 2020 – 12:28 am

BRIDGETOWN, Barbados, Tuesday, January 14, 2020 (CMC) – The newly-established Barbados Medicinal Cannabis Licensing Authority should be ready to begin issuing licences next month, Agriculture Minister, Indar Weir, has said.

But Weir has hinted at the possibility of Barbadians having to be prepared to make “heavy investments in order to get going” into the new industry, under which the government will allow the cultivation of marijuana for medicinal purposes.

Weir told the online publication, Barbados TODAY, while he is “happy to report that the authority is established, and they are ready to work”, he is hoping that the first of the licences would be ready to be issued, before February, but no later than the end of that month.  Continue reading →

By guyaneseonline | Also posted in Agriculture, Caribbean news, Personalities, Politics | Tagged , , , , , , , | Comments (1)

U.K.: The American beauty and the British prince are right to want their own fairy tale – By Mohamed Hamaludin

January 16, 2020 – 12:24 am

— By MOHAMED HAMALUDIN

A beautiful American actress falls in love with a British prince and he with her. They marry and she becomes a duchess. They have a son and live happily ever after.

The Duke and Duchess of Sussex

NOT…….

That is how the story is supposed to end but this is not the typical fairy tale couple. Meghan Markle is part African American and part white and her relationship with Prince Harry has been beset by racism from the beginning. The duchess and her prince have now decided to find their own happily ever after.

Friends introduced Markle, a divorcee and star of the hit television show “Suits,” to Harry, Duke of Sussex and grandson of Queen Elizabeth II, in London, in July 2016. They dated in secret for three months, then became engaged and a statement said the queen and her husband the Duke of Edinburgh “wish them every happiness.”        Continue reading →

By guyaneseonline | Also posted in Commentary, International News, legal, Personalities, Philosophy, Politics, Racial Conflict | Tagged , , , , , | Comments (7)

Commentary: Do We Have Enough Stuff? – By Dr. Dhanpaul Narine

January 15, 2020 – 12:27 am

—– By Dr. Dhanpaul Narine

We live in a ‘disposable’ age. We have more than we need but few items are made to last because the world has been designed to encourage ‘throw-aways.’ Would you be happier if you have fewer things than you have now? Would you be happy to give up the BMW’s, Pradas, Guccis, the latest gadgets and that big house for the simple life? Must we go out of our way to get the new glossy toys to impress the neighbors?

The reality is that we live in a world of stuffocation. It’s a new word and it’s easy to define. You look in your wardrobe and it is packed with clothes but you can’t find anything to wear!

READ MORE: Do We Have Enough Stuff – By Dr. Dhanpaul Narine

By guyaneseonline | Also posted in Commentary, finance and trade, Personalities, USA Politics and Economy | Tagged , | Comments (4)

SURINAME: Large oil discovery offshore near Guyana/Suriname border

January 15, 2020 – 12:18 am

BLACK GOLD FIND IN SURINAME

BY BERT WILKINSON –  Caribbean Life News NY

Oil Blocks – various companies – Guyana Suriname and French Guiana – Click to enlarge

The oil and gas petroleum axis in the Caribbean shifted further away from traditional powerhouse Trinidad this week when yet another regional member state declared a major commercial oil find.

Authorities in Dutch-speaking Suriname reported that Texas-based Apache Corporation had struck it rich in an offshore concession right on the border with Guyana and near to some of the largest wells that American super major ExxonMobil has discovered in Guyana since 2015. Large amounts of associated gas has also been found according to officials.  Continue reading →

By guyaneseonline | Also posted in Guyana, International News, Latin America, Oil Exploration | Tagged , , | Comments (2)

Britain: Brand Sussex represents the biggest threat to the monarchy so far

January 15, 2020 – 12:06 am
Britain – Jan 14th 2020 — Harry, Meghan and Marx –   The Economist

Brand Sussex represents the biggest threat to the monarchy so far

MARX PREDICTED that capitalism would destroy every remnant of feudalism. It would tear asunder “the motley feudal ties that bound man to his ‘natural superiors’”, in the words of “The Communist Manifesto”. It would drown ecstasies of religious fervour and chivalric enthusiasm in the “icy water of egotistical calculation”. And it would subject every national institution to the revolutionary logic of the global market.

So far the British monarchy, one of the last vestiges of the country’s feudal system, has proved a splendid refutation of Marxism. The Crown has survived both the high-noon of Victorian capitalism and the revival of market orthodoxy after 1979.    Continue reading →

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Guyana Commentary: Only Oil Matters to the Empire – by Rosaliene Bacchus

January 13, 2020 – 12:08 am

Only Oil Matters to the Empire

by Rosaliene Bacchus

Oil drives our global economies. Oil is power. Oil fuels the Empire. Iraq and Iran together produce 8.3 million billion barrels a day of the liquid gold (figures from Offshore-Technology). Their joint oil reserves amount to 300,903 million barrels (figures from World Atlas). While the world’s largest oil producer with 12 mbbl barrels/day, the United States has only 39,230 million barrels of oil reserves. Venezuela tops the list with 300,878 million barrels. It’s no accident that the Empire is embedded in the Middle East. Controlling access to all that oil is vital to its continued survival.

Guyana will soon be part of that blessed-accursed herd of oil producing nations. With six billion barrels, and climbing, of oil reserves, Guyana now overtakes Venezuela in the overheated top seat.      Continue reading →

By guyaneseonline | Also posted in Commentary, Economics/Finance, Guyana, International News, Latin America, Oil Exploration, Personalities, Politics, War and conflict | Tagged , , | Comments (2)

VIDEO: Toronto and Montreal Compared

January 12, 2020 – 1:56 pm

VIDEO: Toronto and Montreal Compared

By guyaneseonline | Also posted in Architecture, Arts / Culture, Commentary, Economics/Finance, History, Military, Transportation | Tagged | Comments (1)
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