Category Archives: Economics/Finance

Britain’s Choice Is Socialism or Barbarism – Alan Minsky | TruthDig

December 8, 2019 – 12:29 am

Alan Minsky | TruthDig

I am an American with a partner from England and a daughter with dual United Kingdom-U.S. citizenship. For a Yankee, I follow British politics closely.

During the past few years, thanks to the Brexit mess, the Gordian entanglements of U.K. politics have been vertigo-inducing, to say the least. However, since U.S. politics are also in a constant red-hot crisis, I’ve been unable to follow the U.K. tragicomedy at the granular level.

Paradoxically, this has been helpful, per my understanding of U.K. politics. While I’ve missed out on innumerable headline-grabbing absurdities, my distance has allowed me to maintain perspective on the big picture — at least, that’s my sense.              Continue reading →

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Guyana Oil: ExxonMobil Liza Project in Guyana – video

December 5, 2019 – 12:22 am

Guyana project overview – This Update was filmed on April 4, 2019

ExxonMobil initiated oil and gas exploration activities in Guyana in 2008, collecting and evaluating substantial 3-D seismic data that led to the company safely drilling its first exploration well in 2015, Liza-1.

The Liza prospect is located approximately 120 miles (193km) offshore Guyana in the Stabroek block, which is operated by ExxonMobil affiliate Esso Exploration and Production Guyana. Esso Exploration owns 45% interest in the block, while Hess Guyana Exploration owns 30% and CNOOC Nexen Petroleum Guyana owns the remaining 25%.      Continue reading →

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Bombs VS Bridges – The USA competing with China – By Brandon Turbeville

December 4, 2019 – 12:30 am

 – How Two Empires Are Competing For Their Version Of The New World Order

 — Bombs VS Bridges – By Brandon Turbeville

There is a crisis in the Western world. Both in terms of domestic affairs and foreign policy, Western nations are showing all signs of impending collapse. This is despite the fact that the flagship of the Western world, the United States, continues to expand its empire across the globe. At the same time, the world is witnessing the “rise of China,” an empire in its own right though no one seems to have any interest in calling it what it is.

The American empire has come to terms with itself to some extent. Through all the claims of support for “democracy” and “freedom,” the United States has transitioned to an authoritarian state at home and a rampaging military of conquest abroad.        Continue reading →

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Immigration: Guyana as a magnet – Editorial Kaieteur News

December 4, 2019 – 12:19 am

 Dec 04, 2019  Editorial  Kaieteur News

The estimates could be on the conservative side regarding the anticipated influx of neighbours looking for a way out of national distress and dangers, while manifesting that instinctively human characteristic: the desire, the struggle, the determination to survive.

Any outlet will do, and Guyana is as good as any and, when, all local promises on the table come to pass-even partially-then it is not merely encouraging, but infinitely better than most other destinations under consideration. Georgetown and its environs alone already are beehives of commercial activity.  Continue reading →

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Happy Thanksgiving 2019

November 28, 2019 – 12:01 am

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Spare a thought during Thanksgiving for the original citizens of Turtle Island – By Mohamed Hamaludin

November 27, 2019 – 4:52 pm

– By MOHAMED HAMALUDIN

It was nearly 400 years after English colonists arrived at Turtle Island, as natives call the land that would later become the United States of America.

Every year, some members of the Crow Creek Sioux Tribe in South Dakota ride horses or run on a 300-mile pilgrimage to Mankato, Minnesota. The Crow Creek Sioux are descended from the Mdewakanton Dakota Tribe and the journey commemorates the United States government’s hanging of 38 Crow Creek tribesmen on Dec. 26, 1862. It was the largest mass execution ever carried out and came at the end of the U.S.-Dakota War. Last year, after taking part in the 13th annual Dakota 38 Memorial ride, J’von Justice Shields, 17, a star football player, killed himself. His was not an isolated case of Native American suicide.

The Centers for Disease Control and Prevention (CDC) reported in March last year that the has been rising since at least 2003 to 21.5 per 100,000 now — “more than 3.5 times higher than those among racial/ethnic groups with the lowest rates.” Around 35.7 percent of them are aged 10 to 24, compared with 11.1 percent for whites.        Continue reading →

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Medical: Canadian Youth & Vaping—No governmental escaping – By Yvonne Sam

November 24, 2019 – 12:26 am

  By Yvonne Sam

All levels of government need to protect the youth against the evils of e-cigarette use. Who ever said that vaping is harmless is merely blowing smoke.

Electronic nicotine delivery systems, electronic cigarettes (e-cigarettes), or vapes are a relatively new product category, which first emerged in Canada in 2004. E-cigarettes are battery-operated devices that mimic the smoking experience using an inhalation and heating process that vaporizes fluid within the device. The liquid solution varies in composition but it is usually propylene or vegetable glycol based and can be combined with other ingredients and flavours.    Continue reading →

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Why being kind could help you live longer – By Lauren Turner – BBC News

November 17, 2019 – 12:39 am
By Lauren Turner  – BBC News, Washington – 11 November 2019
An illustration of hands holding hearts

mage copyright GETTY IMAGES

What can kindness do for you? Give you a warm glow perhaps, or a feeling of well-being? While that may be true, scientists and academics at a new research centre say it can do much more – it can extend your life.

The staff at UCLA’s Bedari Kindness institute are ready for the jokes.

“We look at the scientific point of view. We aren’t sitting around in circles, holding hands. We’re talking about the psychology, the biology, of positive social interactions,” says Daniel Fessler, the institute’s inaugural director.

The notion of kindness has made headlines recently.  It was a key part of former president Barack Obama’s eulogy of veteran US Democrat Elijah Cummings, following his death last month.

READ MORE: https://www.bbc.com/news/world-us-canada-50266957

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Guyana Public servants getting around 9% wage hikes

November 14, 2019 – 8:58 am

– hefty increases in allowances, minimum wage rises to G$70,000

David Granger
President David Granger 
By 

Public servants, including teachers, nurses and doctors,  and members of the defence, police and security services, will receive permanent, tax-free increases in wages – 8.5% to 9% – and hefty allowances this year all of which will be retroactive to January 1st 2019, President David Granger announced during an address to the nation on November 13, 2019.          Continue reading →

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Caribbean: What’s going on in Haiti part II? – By Jean H Charles

November 14, 2019 – 8:42 am

By Jean H Charles

I wrote last February 2019 an essay titled: What’s going on in Haiti https://guyaneseonline.net/2019/02/19/commentary-what-is-going-on-in-haiti-by-jean-h-charles/

where I predicted the tumultuous event that is happening now in the country, except, the Haitian manifestation of revolt against its corrupt and incompetent leader is today going like a wildfire from Puerto Rico to Hong-Hong and on to Chili from there to Iraq and from there again to Lebanon, the citizens are in revolt against their corrupt governments bent on inflicting pain and suffering on most of their subjects.

My inclination is to focus on the country that I am ailing from, Haiti, but the struggle against incompetent and malevolent governments is almost so universal that it has to be seen in a larger context.      Continue reading →

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