Hard truths… By: GHK Lall
Kaieteur News – Her Excellency, American Ambassador Sarah Ann Lynch has spoken; she could not have spoken more clearly, or with more authority. Ambassador Lynch has praised the Government of Guyana for honouring, abiding by, being obedient to the ironclad dictates of sanctity of contract (SN March 19). Whether I like this or not, there is this fact set in US steel: Ambassador Lynch speaks on behalf of the American Government.
After all the silence, all the subtleties and sophistications, this is to what and where the clashes over this contract stand: the business of America is business. A hundred years ago, Calvin Coolidge reportedly coined that storied, pregnant string of words. He was an American President, not a tiny plenipotentiary. In more recent times, Ronald Reagan and that unmentionable brother who came before the present White House occupant have also signaled American business as the central focuses, thrusts, and priorities of their presidencies. Continue reading
VENEZUELA – The Economy Is rebounding – politics still authoritarian
The Venezuelan economy appears to be improving after hitting bottom, but the political situation remains mired in authoritarianism
In Venezuela, according to the official media, 202,609 new businesses have registered. Many sell a little of everything, all day long, because it takes a lot of hard work to fulfill the basic needs. Venezuela has been “becoming less worse” since the end of 2021, when, little by little, nearly imperceptibly, the economy began dollarizing. Continue reading →
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