Category Archives: Tourism / Entertainment

BUSINESS: The Hardest Hit Companies of the COVID-19 Downturn are ‘BEACH’ Stocks

The ‘BEACH’ Stocks —booking, entertainment, airlines, cruises, and hotels 

The market’s latest storm has plunged the global travel industry into uncharted territory.

Since the S&P 500 market high on February 19, 2020, market capitalizations across BEACH industries—booking, entertainment, airlines, cruises, and hotels—have tumbled. The global airline industry alone has seen $157B wiped off valuations across 116 publicly traded airlines.

BEACH Stocks: $332B in Value Washed Away by March 24, 2020

Investor confidence in cruise lines has also dropped. Between Carnival, Royal Caribbean, and Norwegian Cruise Line Holdings, over half of their market value has evaporated—equal to at least $42B in combined market capitalization.          *All numbers as of market close on March 24, 2020

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Women and Examples from Ghana — by Francis Quamina Farrier 

Map of Ghana

Women and Examples from Ghana — by Francis Quamina Farrier

On Friday March 6, the West African country of Ghana, celebrated its sixty third Independence Anniversary with pomp and ceremony. Last Sunday, countries around the world observed “International Women’s Day” with a range of activities. As such, I have decided to merge these two annual events in this Feature Article.

In more recent years Ghana has been focusing more on higher education for the young women of the country. The education of girls and young women is now increasing in tertiary education as never before. Last year (2019) the country observed “The Year of Return”, when Africans in the Diaspora, whether born in Africa or of African heritage, were encouraged to visit Ghana to mark the 400 anniversary of the commencement of the Atlantic Slave Trade of which Ghana was a participant both as victim and enabler.       Continue reading

Guyana Closes International Airports In Effort to Deal with Coronavirus

No flights will be allowed into Guyana, except for cargo flights, planes that have to make technical stops and special authorized flights.

(Caribbean360) – GEORGETOWN, Guyana, Tuesday March 17, 2020 – Guyana’s major ports of entry will be closed from midnight tomorrow as authorities try to stem the spread of the novel Coronavirus (COVID-19) which has resulted in one death in the Caribbean Community (CARICOM) nation.          Continue reading

OPINION: Falling oil prices and COVID-19 will damage Caribbean growth – By David Jessop

By

In normal times a sudden drop in the price of oil would elicit a collective sigh of relief among Caribbean governments and Central Bankers. However, these are not normal times.

The ill-judged decision by Crown Prince Mohammed bin Salman, the de facto ruler of Saudi Arabia, to pump more oil at just the moment the global economy is reeling from the impact of the Corona virus, COVID-19, has created a global shock that will touch the Caribbean in ways that may suppress growth for years to come.
In essence, what the Saudi Prince decided to do, just as international markets were going into free fall and global demand for oil was in decline as a result of the Corona virus, was  to flood an oversupplied world energy market with 12.5m barrels a day of crude. His aim was to try to take market share away from OPEC rivals and particularly Russia which has little spare capacity to compete.          Continue reading

Coronavirus is grounding the world’s airlines – A hard landing – The Economist

 The aviation industry may not fully recover from the effects of the pandemic

Business – The Economist Magazine

IT IS NO surprise that the industry clobbered hardest by the covid-19 pandemic is the one responsible for helping spread it to the four corners of the Earth. But the speed and depth of the nosedive which airlines have taken is nevertheless breathtaking. In a memo to staff on March 13th, entitled “The Survival of British Airways”, the carrier’s boss, Alex Cruz, spoke of “a crisis of global proportions like no other we have known” (for more coverage of the pandemic, see our coronavirus hub). Most of the industry should pull through if the situation lasts one or two quarters. Any longer, and the future of air travel could be altered for good.      Continue reading

Book Review: Epiphanies from Under The Tamarind Tree – by Rosaliene Bacchus

Reblogged from:  Three Worlds One Vision
Epiphanies from Under The Tamarind Tree by Rosaliene Bacchus

by Rosaliene Bacchus

Reblogged from Anything is Possible!:

Click to visit the original postAt first I didn’t think I had much in common with Richard Cheong, the main character in Under the Tamarind Tree.  His story is set  in the country of Guiana during the 1950s and 60s during a time of political and personal danger which I have never experienced.  Richard’s father was Chinese and his mother was from India. His dream is to have a big chicken farm.

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Linden Fund USA (LFU) – Annual Spring Dance – Brooklyn NY – March 21, 2020 – POSTPONED

Senior Guyanese Friendship Association Newsletter – March 2020

               Download: SGFA – March 2020 NewsLetter

GUYANA ELECTIONS 2020 NEWS & COMMENTARIES to March 06, 2020 on Guyanese Online

  • Guyanese Online: NEWS ARTICLES: Feb 28- March 06, 2020
  • GUYANA ELECTIONS 2020 NEWS & COMMENTARIES to March 06. 2020

 

Guyana Elections 2020: International Observers Issue Concern Regarding Region 4 Results

Guyana Elections 2020: Protests over ‘rigged’ elections in Berbice and along East Coast – photos

Guyana Elections 2020: Region Four count to decide Elections results -UPDATED – APNU/AFC Wins Region 4

Guyana Elections Results 2020 – Statements Of Poll + GECOM Official Website Links -updated

Guyana Elections Results 2020 – Statements Of Poll – (posted outside polling stations)

Guyana Elections 2020: A scoring opportunity Ahead of oil riches, Guyana holds a decisive election – The Economist

Guyana Elections 2020: Guyanese Voting in General and Regional Elections

Guyana Elections 2020: Guyana votes amid high hopes over oil discoveries – BBC News 

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Guyana: Phagwah celebrations scheduled for March 9. 2020 … cancelled at National Stadium

The organisers of the annual Phagwah celebrations at the Guyana National Stadium, Providence, have announced that there will be no event on Monday.

Phagwah celebrations at the National Stadium.- 2019

That East Bank Demerara location for the last number of years has been drawing bigger crowds annually.          Continue reading

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