By Stabroek News – June 27, 2022
By Joseph E. Stiglitz
NEW YORK – The United States appears to have entered a new cold war with both China and Russia. And US leaders’ portrayal of the confrontation as one between democracy and authoritarianism fails the smell test, especially at a time when the same leaders are actively courting a systematic human-rights abuser like Saudi Arabia. Such hypocrisy suggests that it is at least partly global hegemony, not values, that is really at stake.
For two decades after the fall of the Iron Curtain, the US was clearly number one. But then came disastrously misguided wars in the Middle East, the 2008 financial crash, rising inequality, the opioid epidemic, and other crises that seemed to cast doubt on the superiority of America’s economic model. Moreover, between Donald Trump’s election, the attempted coup at the US Capitol, numerous mass shootings, a Republican Party bent on voter suppression, and the rise of conspiracy cults like QAnon, there is more than enough evidence to suggest that some aspects of American political and social life have become deeply pathological. Continue reading
Guyana’s local content law is likely to achieve the opposite of what was intended – Letter by Andre Brandli
Dear Editor, — Letter by Andre Brandli
National news outlets, including this distinguished newspaper, have been documenting problems that are emerging as a consequence of the Local Content Act, which was passed by Parliament in late December 2021. Companies, such as Ramps Logistics Guyana, the largest logistics company servicing the oil and gas sector has apparently been denied access to the local content register.
Timothy Tucker, President of the Georgetown Chamber of Commerce and Industry (GCCI) has been quoted saying that “rent-a-citizen” tactics run counter to the local content law. Finally, Vice President Bharrat Jagdeo has recently voiced that the government is having difficulties with companies trying to circumvent the Local Content Act. Continue reading →
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