By investing in Guyana’s oil industry, the Chinese are taking a longer, multi-generational view.
Ian McCredie | Fair Observer
Guyana, home to just 750,000 people, is about to leap from one of the poorest to one of the richest countries in the world. The financial predators are circling, led by the Chinese. Guyana‘s inexperience, incompetence and lack of Western interest will hand the Chinese a valuable prey.
Oil discoveries off the coast of Guyana are on course to produce about 1 million barrels per day of oil for 30 years. If oil fetches just $50 per barrel, this equates to nearly $500 billion. Guyana’s share of this will be approximately $300 billion; the other $200 billion will go to the Exxon-controlled consortium. The amounts are conservative estimates: New oil discoveries keep coming. Exxon and its partners, Hess and Nexen (the latter owned by the Chinese), landed a very sweet deal. Continue reading
EGovernment, A Step Towards A More Citizen-Centred Caribbean | By David Jessop
By David Jessop :Sunday | January 19, 2020 | Jamaica Gleaner
SLOW, BUREAUCRATIC AND UNPREDICTABLE SERVICE
Politicians love to promise a better and brighter future. They tend to say little about the day to day experience their citizens have of the services they provide.
In the Caribbean as in other parts of the world what most individuals want from government is the rapid and efficient delivery of everyday resources, if policies and regulations are to mean anything at all.
This applies equally to social services, whether in relation to schools, hospitals or pensions, the supply of utilities, or to matters as normal as renewing a driver’s licence or registering a birth or death. Citizens everywhere want such basic transactions to be straightforward, quick and predictable. They hope their fellow citizens who work for them in the public sector have the ability and tools to deliver what has been promised in modern and efficient way. Continue reading →
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