Category Archives: History

World Economics: The Greatest Financial Train Wreck the World Has Ever Seen – Bill Bonner’s Diary

January 26, 2020 – 12:30 am

Bill Bonner’s Diary

BALTIMORE — Last week, stocks finished at an all-time high. But guess what? In terms of real money — gold-linked, pre-1971 dollars — stocks have been losing ground since the start of the millennium.

We are looking at one of the most remarkable episodes in financial history. Investors think they are making money… when they’re actually getting poorer.

Donald J. Trump tells the international Deep Staters at Davos that the U.S. economy is “spectacular”, but most of its countries have never recovered from the crisis of ’08-’09.

What a jolly time to be alive… to be conscious… with a few dollars saved up and a sense of humor. And coming up… a financial Demolition Derby on a global scale…              Continue reading →

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Guyana: DOCUFEST 2020: Celebrating Guyana’s 50th & U.G’s 57th Anniversary: February 01-15, 2020

January 24, 2020 – 3:08 pm

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Guyana Politics: Will the West Lose Guyana to the Chinese? – Ian McCredie | Fair Observer

January 24, 2020 – 12:10 am

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 →

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Black History Month Celebration – Legacy Dinner – Burnaby. BC February 22. 2020

January 20, 2020 – 12:46 am

Legacy Dinner & Awards  —  ARTISTS BIOGRAPHY

 DEE Daniels – JAZZ styling

Whether accompanying herself at the piano, fronting a trio, big band or symphony, Dee Daniels’ musical career is as varied as her four-octave vocal range is thrilling. She is a unique talent who transcends musical borders when she brings her jazz styling, infused with gospel and blues flavoring, to the stage.

JAN SIMPSON – SPEAKER              Continue reading →

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Economics: IMF boss says global economy risks return of Great Depression

January 20, 2020 – 12:01 am

Kristalina Georgieva compares today with “roaring 1920s” and criticises UK wealth gap

Kristalina Georgieva
 Speaking in Washington, Kristalina Georgieva singled out the UK for its growing inequality gap. Photograph: Jim Watson/AFP via Getty Images

The head of the International Monetary Fund has warned that the global economy risks a return of the Great Depression, driven by inequality and financial sector instability.

Speaking at the Peterson Institute of International Economics in Washington, Kristalina Georgieva said new IMF research, which compares the current economy to the “roaring 1920s” that culminated in the great market crash of 1929, revealed that a similar trend was already under way.            Continue reading →

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Brazilian tribes back manifesto to save Amazon habitat from President Bolsonaro

January 19, 2020 – 12:21 am

Indigenous leader Cacique Raoni of Kayapo tribe delivers a speech during a four-day pow wow in Piaracu village, in Xingu Indigenous Park, near Sao Jose do Xingu, Mato Grosso state, Brazil, January 17, 2020. REUTERS/Ricardo Moraes

Indigenous leader Cacique Raoni of Kayapo tribe delivers a speech during a four-day pow wow in Piaracu village, in Xingu Indigenous Park, near Sao Jose do Xingu, Mato Grosso state, Brazil, January 17, 2020. REUTERS
By 

XINGU INDIGENOUS PARK, Brazil, (Reuters) – Leaders of native tribes in Brazil issued a rallying call to protect the Amazon rainforest and its indigenous people from what they called the “genocide, ethnocide and ecocide” planned by the country’s far-right President Jair Bolsonaro.            Continue reading →

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QUOTES: Excellent observations and wisdom from great thinkers

January 19, 2020 – 12:10 am
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Opinion: Ensuring Progress is made in the Start of a New Decade – By Yvonne Sam

January 17, 2020 – 12:27 am

— By Yvonne Sam

Readers forgive me if I fail to reflect any change in my approach now that 2020 has arrived.  In fact, in the name of progress and enlightenment I have resolved to be even more brutally honest. Of late, for some strange reason it has become apparent that when Blacks climb to a position of power it seems as if they are afraid to help their own people.

Instead they sometimes display a willingness in part to help destroy us. Get it straight, I am not talking about the typical phrase, “I’m going to help you get a job.” I am strictly talking about the lack of a pure willingness to help our communities and our people to move forward.   

On the other hand, whenever individuals from other races are occupying positions of power or prestige, they go all out to help their people. They demonstrate their willingness of what they would do to put both them and their communities in a position to succeed, and quite frankly they could not give a hoot about what anyone says or thinks.            Continue reading →

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Guyana Politics: Carter Center deploys observer mission ahead of elections

January 16, 2020 – 12:29 am

 Jan 15, 2020  News

The Carter Center has started work to observe Guyana’s upcoming elections.

The announcement came six weeks before the March 2 general and regional elections. This would mark 28 years of work by the respected US-based Carter Center.

According to the center yesterday, following an invitation from the Government of Guyana, it has launched an election observation mission to observe the March 2 general election in Guyana.

“The mission will observe and examine key aspects of the electoral process, including the pre-electoral environment, status of the Guyana Elections Commission’s preparations for elections, and campaigning.”          Continue reading →

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Guyana Politics: Mr. Jagdeo eyes pass African-Guyanese – By Dr. David Hinds 

January 16, 2020 – 12:21 am

 Jan 12, 2020 – Kaieteur News – Features / Columnists, Hinds’ Sight with  – Dr. David Hinds

According to reports, PPP General Secretary Bharrat Jagdeo told attendees at the recent launch of the PPP’s 2019 campaign that the PPP “is the natural home for Afro-Guyanese”. This is not the first time the former president has spoken on the issue of African-Guyanese relationship to the PPP, but it is his boldest statement to date.

Both the PPP and the PNC have always sought to appeal to crossover voters while holding on to their traditional bases. Striking that balance has been problematic for them. I would argue that neither party has come even close to achieving that outcome. The difficulty lies in the entrenched voting pattern, which is grounded in the fact that neither ethnic group is prepared to accept the leadership of the other. So, voting across ethnic lines is seen as Political Heresy.            Continue reading →

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