By Davina Bagot – Jan 19, 2023 – Kaieteur News – Opposition Leader, Aubrey Norton is stunned at the Government’s failure to appropriate funds in this year’s Budget to help the country improve its auditing and monitoring capabilities, as oil production activities continue to accelerate.
On Monday evening, following the Budget presentation by Minister with Responsibility for Finance Dr. Ashni Singh, Norton said he expected that this year’s fiscal plan would have made specific provisions to improve the country’s human resource capacity.
“I would have thought that in a Budget like this, the minister would have been speaking in terms of human resource development, that we have put resources there to improve our capacity to audit cost oil. We would have put resources there to be able to monitor what is happening offshore. There is none of that and therefore, you are not increasing our capacity to ensure we get what we deserve in terms of profit oil,” the Opposition Leader pointed out. Continue reading
VIEWPOINT: The World Economy No Longer Needs Russia
Russia’s President Vladimir Putin
VIEWPOINT: The World Economy No Longer Needs Russia
With alternative sources in place, Putin’s attempt at blackmailing Europe on energy has failed.
By Jeffrey Sonnenfeld, the Lester Crown professor in management practice and a senior associate dean at the Yale School of Management, and Steven Tian, the director of research at the Yale Chief Executive Leadership Institute. | Foreign Policy
For much of the past year, and since his invasion of Ukraine last February, Russian President Vladimir Putin has been riding high on his supposed energy omnipotence, holding the global economy hostage to his whims. Since last summer, Putin has choked off natural gas supplies to Europe, hoping that Europeans, shivering and without heat during the winter, would turn on their leaders and make it politically infeasible to continue support for Ukraine. Continue reading →
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