Category Archives: Economics/Finance

GUYANA-BARBADOS: Access to farmlands for Barbados as relations deepen with Guyana

– Pres. Ali says the friendship a good model for CARICOM

Access to farmlands, promoting tourism opportunities and supporting young people are among the key efforts towards deepening a ‘win- win’ partnership between Guyana and Barbados.

This is according to President Dr. Irfaan Ali who also believes that this can become a development model for the wider Caribbean.

The underpinning message as President Ali delivered the feature address at the opening of Barbados’ Agro-Fest on Friday May 27, 2022, was that Caribbean countries need stronger ties with each other.        Continue reading

USA: Expose the racism of the fig leaf which covers up ‘replacement theory’ – By Mohamed Hamaludin

U.S. — Time to rip away the fig leaf of ‘replacement’ and expose the racism which it covers up

By MOHAMED HAMALUDIN

The 18-year-old European American male who killed 10 African Americans on May14 at a Buffalo, New York, supermarket surveyed the store located more than 200 miles from his hometown to be sure he could kill the largest number of African Americans. He posted a 180-page manifesto which cited the “replacement theory” – a belief that there is a plot to replace European Americans with people of other races — and 672 texts indicating that he decided since February to kill “replacers.”

How could such a young man, not yet out of his teens, son of two New York transit department engineers, be filled with such venom? Take your pick:            Continue reading

GUYANA: US$260M contract signed for new Demerara River Bridge

May 26, 2022 Kaieteur News – By Alliyah Allicock

Kaieteur News – Following some five months of negotiations with China Railway Construction Corporation (CRCC) and its partners, the Government of Guyana through the Ministry of Public Works on Wednesday signed the contract for the construction of a new US$260 million Demerara River Bridge (DRB).

A 3D model of the new Demerara Harbour Bridge which was released earlier this year.

The project which was awarded to CRCC and its partners China Railway Caribbean Company Limited and China Railway Engineering Bureau Group Company Limited will see the construction of a modern four-lane structure linking Region Three and Four.               Continue reading

GUYANA: Food Insecurity: Guyanese skipping meals to beat high food prices – FAO Report

…FAO report says local food insecurity surpasses regional average

May 26, 2022- Kaieteur News – The Caribbean COVID-19 Food Security and Livelihoods Impact Survey which was launched by the Caribbean Community (CARICOM) to rapidly gather data on impacts to livelihoods, food security and access to markets has shown that Guyanese are adopting negative measures to cope with the ongoing difficulties associated with accessing food.

CARICOM study says Guyanese employing negative measures to deal with food insecurity

Continue reading

RUSSIA-UKRAINE war in maps: Tracking the Russian invasion – BBC News

By The Visual Journalism Team – BBC News — 24 May 2022

Russian forces are continuing their slow advance in the east of the country after using heavy firepower to weaken Ukraine’s defences.

Here are the latest developments:

  • Bombardment of Donbas region by Russia forces is intensifying
  • Russian troops withdrawn from Kharkiv redeployed in Donetsk
  • Russia preparing offensive to take key city of Severodonetsk
  • Ongoing build-up of Russian navy around Snake Island                

Continue reading

HEALTH: Tech neck: what are smartphones doing to our bodies? –THE GUARDIAN

Bending your head to use a phone stresses the spine, say chiropractors – and that’s not the only way the devices are injuring and changing us

One black woman suffering having poor posture using mobile phonePosed by model Portrait of black woman feeling neck pain using cellphone

Age: Two years old.

Appearance: The next stage of human evolution.

This sounds exciting! Are we all going to be cyborgs soon? Not exactly.            Continue reading

WORLD: War in Ukraine could cause recession in weaker economies- IMF boss warns

Speaking at Davos, Kristalina Georgieva said anxiety about food prices was ‘hitting the roof’ globally

Kristalina Georgieva at Davos
Georgieva predicted 2022 would be a ‘tough year’ and declined to rule out a global recession. Photograph: Fabrice Coffrini/AFP/Getty Images
 and  in Davos – Mon 23 May 2022 18.48 BST

Guyana and Barbados launch “food terminal” for the region

sherrylynclarke@nationnews.com. Barbados — from CMC

Guyana and Barbados launch “food terminal” for the region

President of Guyana Dr Irfaan Ali (left) and Barbados’ Prime Minister Mia Amor Mottley. (GP)

GEORGETOWN, Guyana – The food import bill in Caribbean Community (CARICOM) member states, may be reduced by up to 25 per cent in 2025 due to the establishment of the Guyana/Barbados food terminal in Barbados.

This is according to the Prime Minister of Barbados, Mia Mottley who was speaking during a joint press conference on Friday with the Prime minister of Dominican Roosevelt Skerrit.       Continue reading

GUYANA: The PPP Government Voter Stabilisation Act – By GHK Lall

GHK Lall

Encouraging Events, Disturbing Developments…

It is a wonderful thing, this Presidential menu of relief measures involving hinterland communities, farmers, and homeowners. It comes with slippage, a huge one: plenty people left out. Yes, I understand the Lord giveth. In Guyana, Lord Ali of Leonora, Santa Rosa, pockets of Demerara, somehow forgot to remember that he the leader of a mixed society called Guyana. When he and his people left out the other people, the PNC people, the encouraging faded, the disturbing invaded. How could this be, Dr. Excellency?              Continue reading

VENEZUELA: US lawmakers blast change in policy towards Venezuela; oil projects could increase

Nicolás Maduro

By OilNOW –

(S&P Global Platts) Details remained scant May 18 on a US policy shift that could chart a path for US companies to again invest in and operate Venezuelan oil projects as the Biden administration has reportedly begun to ease oil sanctions on the country.

While the administration has yet to officially announce any changes to US policy towards the regime of President Nicolás Maduro, several lawmakers put out statements criticizing a policy shift they contend was aimed at restarting dialogue between Maduro’s ruling government and the US-backed, opposition Venezuelan Unitary Platform.              Continue reading

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