Following its recent discovery of oil in commercial quantities offshore Guyana, the United Kingdom-headquartered Tullow Oil will shift operations from its Trinidad base to local shores and plans for its first shore base here are in the pipeline.
“We don’t have a local shore base at the moment. [We] were running things from Trinidad but the plan is to use a shore base in Guyana in 2020,” Tullow’s Head of Communications George Cazenove told Stabroek News last week. He added that the location of the local facility “has not yet been decided.” Continue reading
Financial sovereignty requires Caribbean cryptocurrency solutions – By David Jessop
The view from Europe: By David Jessop
David Jessop
Last month Facebook announced that it will roll out in 2020 a global digital currency to be known as Libra.
It is a decision that has profound implications for all financial institutions everywhere, raises new regulatory concerns for Central Banks and governments, and challenges Caribbean financial sovereignty.
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