By MOHAMED HAMALUDIN
The federally mandated minimum wage is $7.25 an hour but the average actual wage is $19.33; for Florida, $16.
The average hourly wage of a CEO is $369 but can be as high as $9,000. The average hourly wage of a billionaire is $1 million but can be as high as $4 million.
Billionaires numbered 565 in 2017and their combined wealth was $2.7 trillion. By 2020, in four years of the Donald Trump presidency and a year of the coronavirus epidemic, their number rose to 614 and their wealth to $2.9 trillion. By April 10, the number increased by15 to 629 and their wealth to $3.2 trillion. Meanwhile, more than 20 million Americans have had to survive on about $333 per week in jobless benefits. Continue reading →
CLIMATE UPDATE – PART TWO
By Rosaliene Bacchus
Continued from Part One: U.S. Re-engagement in a Warming World.
According to the
NOAA National Climate Report 2020, issued on January 12, 2021, last year was the most active wildfire year on record across the West. In California, thousands of firefighters battled five of the six largest wildfires in our state’s history. Nearly 10,000 fires burned over 4.2 million acres. The August Complex fire alone burned over 1 million acres, an area larger than the state of Rhode Island. In Colorado, three extensive wildfires, burning over 500,000 acres, also broke the state’s historical record.
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By Francis Quamina Farrier
It was no surprise that the BANKS DIH Annual Shareholders Meetings 2021 were combined and held virtually as one. Observing one of the COVID-19 protocols – Social Distancing – it was of course, a wise and responsible decision by Chairman Clifford Barrington Reis, CCH, and the Board of Directors of the Company. Traditionally, the Meetings are held at Thirst Park in Georgetown on the fourth Saturday of January, followed by the Branch meetings at Airy Hall on the Essequibo Coast, Region 2, the next day (Sunday). At Bartica, Region 7, on the Wednesday. The Branch Meetings usually continue at Linden, Region 10, on the Friday, culminating the following Sunday at New Amsterdam, the Capital of Berbice. Continue reading →
Taiwan flag
Demerara Waves – Denis Chabrol – 3 February 2021
Guyana has granted permission to Taiwan to open an office in Georgetown to facilitate trade and investment, but government has assured that the South American nation’s One China Policy remains intact, Permanent Secretary of the Ministry of Foreign Affairs Ambassador Elisabeth Harper said Wednesday night.
“Guyana has not recognised Taiwan as a State. We continue to accept the One China policy and our diplomatic relations with the People’s Republic of China remains intact,” she told News-Talk Radio Guyana 103.1 FM/ Demerara Waves Online News. Continue reading →
Jan 23, 2021 Kaieteur News Editorial
Kaieteur News – It may sound farfetched, but it is not. Exxon cannot survive without Guyana; at the very least, its hard road in the struggle for a persuasively profitable standing on a consistent basis would be made supremely more difficult. As we have stated and restated at this publication, without Guyana, many of this American oil powerhouse’s prospects become speckled and strained.
Though we have said it before, and numerous times, we will say it again: Exxon’s profitability and its top tier viability depend on its investments in Guyana’s oil sector, with its many oil-rich oil blocks still remaining to be explored and discovered. Continue reading →
By MOHAMED HAMALUDIN
GUYANA: Georgetown: City vending – One of the most pressing issues – Commentary
City Hall – Georgetown
By Stabroek News Editorial –
The announcement last Thursday (February 18, 2021), that the Mayor and City Council (M&CC) was moving to implement a policy to regularise vending in Georgetown should have come as no surprise to anyone.
In fact, if anything, some might have questioned what took Mayor Ubraj Narine so long. One of the just four mayors Georgetown has had over the past three-plus decades, it was almost a given. He had to step up to address what is one of the city’s most pressing issues: vending.
Continue reading →
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