Category Archives: Economics/Finance

US: Bernie Sanders Announces 2020 Run With People-Powered Political Revolution

by Jon Queally, staff writer – Common Dreams
“We began the political revolution in the 2016 campaign, and now it’s time to move that revolution forward.”
With an interview with Vermont Public Radio that aired early Tuesday morning, Sen. Bernie Sanders (I-Vt.) officially announced his candidancy for president in 2020, telling listeners in his home state he is determined to defeat President Donald Trump while building a grassroots-style campaign—with a network of “at least a million people”—designed to win :  Medicare for All, a national $15 minimum wage, reduced student debt, bold climate action, criminal justice and immigration reform, and create a political and economic system that works for the many and not just the few.

Guyana: Tenders out for Lethem Airport to be Upgraded

Tender out for Lethem Airport

Lethem Airport

Meet Generation Z: The Newest Member to the Workforce – Infographic

Meet Generation Z: The Newest Member to the Workforce

Every generation approaches the workplace differently.

While talk over the last decade has largely focused on understanding the work habits and attitudes of Millennials, it’s already time for a new generation to enter the fold.

Generation Z, the group born after the Millennials, is entering their early adult years and starting their young careers. What makes them different, and how will they approach things differently than past generations?


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Guyana: Georgetown Mayor cites need for greater accountability at City Hall

 — steps taken to establish audit committee

Mayor Ubraj Narine

During a recent statutory meeting, Narine demanded an answer from City Treasurer, John Douglas, why the current receipts are not carrying City Hall’s TIN. The Mayor pointed out to the fact that the laws governing the municipality require for TIN to be affixed to the receipts.   Continue reading

International Economic crisis can trigger world war – commentary


KUALA LUMPUR and BERLIN, Feb. 12, 2019 (IPS) — Economic recovery efforts since the 2008-2009 global financial crisis have mainly depended on unconventional monetary policies. As fears rise of yet another international financial crisis, there are growing concerns about the increased possibility of large-scale military conflict.

More worryingly, in the current political landscape, prolonged economic crisis, combined with rising economic inequality, chauvinistic ethno-populism as well as aggressive jingoist rhetoric, including threats, could easily spin out of control and ‘morph’ into military conflict, and worse, world war.

Crisis responses limited         Continue reading

China extends its reach into Guyana – By Mat Youkee – Dialogo Chino

Poised to become a top oil producer, the small country is also a key logistical link in regional trade

With Chinese investment that isolation could soon be a thing of the past.

In the coming months, the Inter-American Development Bank (IADB) is set to deliver its report on a Guyana–Brazil transport link and a deepwater port project for the northern coast.          Continue reading

Geo-Political Realignments Over Venezuela – Video

Geo-Political Realignments Over Venezuela – Video

The Real News Network  Published on Feb 8, 2019

On the heels of the hard-line anti-Maduro Lima Group meeting in Ottawa, countries favoring a negotiated solution, including Uruguay, Mexico, and Bolivia, met in Montevideo on Thursday  February 7, 2019. The final declaration, however, compromises Venezuela’s sovereignty, according to Bolivia. We discuss the outcome with Miguel Tinker Salas and Greg Wilpert.

Guyana: Exchange rate for US dollar climbs… due to various causes

US Dollar Exchange Rate Rises

Something is happening to the US dollar on the local market.
In recent weeks, the exchange rates have been climbing.
At the banks, the buying rate for notes was between $207- $208 for US$1, the selling rate was $210 and $211. On the streets, the rates were much higher.

There are reports that it is sold much higher on the streets because of a shortage in US Dollar cash.

Last Friday (February 8, 2019), Governor of Bank of Guyana, Dr. Gobind Ganga, acknowledged that there is a shortage of US currency.      Continue reading

Opinion: Brexit Has Made Britain Anti-German Again – Tanja Bueltmann | Haaretz

Anti-German dog-whistling has plagued the pro-Brexit camp since pre-referendum billboards enjoined Brits to ‘Halt Ze German Advance’. As the Brexit chaos intensifies, that populist jingoism is becoming increasingly shrill

Tanja Bueltmann | Haaretz

When Germany was kicked out of the FIFA World Cup last year many UK commentators gloated, happily reaching for the German word “Schadenfreude” to describe their feelings. So far, so predictable.          

Even after Germany’s exit, parts of the media still made frequent reference to the German team, and to their status as losers. This was incomprehensible to me. There was an exciting England team progressing through the competition; there was an inspiring coach; players were doing well. Why divert and detract from that positive story, giving space to outdated anti-German stereotypes instead?       

This little episode of football history lays bare something of much wider relevance: The problem of English identity.         Continue reading

The Venezuela’s political crisis will change the Caribbean region – By Hudson George

Whatever the outcome of Venezuela’s political crisis, the Caribbean region will not be the same again

By Hudson George of Grenada – Commentary

Whatever the outcome of Venezuela’s political crisis, the Caribbean region will not be the same again. If the Nicolas Maduro government survives, or if the US-backed interim leader Juan Guaido is installed by US military invasion, the region will become infested with foreign military presence for a very long time because the conflict is all about who should controls the largest oil deposit resources in the world.       

All the talk about democracy and who is a dictator and who will restore democracy is just a joke. There is no proper democracy in those OPEC oil-rich countries. The majority of governments are dictatorships and there are no future plans ahead to create any forms of functioning healthy democracy in the future.         Continue reading

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