Daily Archive: Friday, July 16, 2010

-financial closure seen within 12 months A framework agreement for the Amaila Falls hydropower project was signed in Shanghai, China yesterday, with President Bharrat Jagdeo in attendance.

-to invest over $2B National Hardware Limited (NHL) has bought 103 acres of land located south of the Convention Centre at Liliendaal from the Privatization Unit (PU)  for $600 million and is expected to use the land for housing, recreational and commercial purposes.

-Kwakwani road impassable By Cathy Richards Rising waters continue to cover homes and farms in Region Ten yesterday with a section of the major road linking Ituni to Kwakwani being flooded, stopping traffic between the mining communities.

Magistrate Hazel Octive-Hamilton yesterday ordered that a Charlestown woman be remanded to prison when she appeared before her for allegedly being found with a quantity of cocaine stashed in false compartments in her suitcases at the Cheddi Jagan International Airport (CJIA), Timehri.

A long-awaited bill to bring the New Building Society Limited (NBS) under the direct supervision of the Bank of Guyana was yesterday laid before the National Assembly by Minister of Finance Dr.

– judge upholds no-case submissions, blasts investigators Minutes after he upheld no-case submissions in the trial for the murder of Dairy Bar security guard Noel Jones, Justice William Ramlal lambasted investigators for their incompetence and negligence.

Yohan Jackman of Lot 101 Crown Street, Queenstown, was granted bail yesterday when he appeared at the Georgetown Magistrate’s Court for being involved in the accident on Tuesday morning which caused the death of a 79-year-old woman.

Clairmont Caesar called ‘Juicey’ of East Street and Gailan Humphrey of Quamina Street were both remanded to prison when they appeared at the Georgetown Magistrate’s Court for allegedly being found with a quantity of cocaine on a table that they were sitting at.

– Basil Butcher By Marlon MunroeFormer West Indies and Guyana batsman Basil Butcher says that should the merger between the Georgetown Cricket Club (GCC) and the Georgetown Football Club (GFC) materialise, it would “be a sinful act against cricket”.

Following the recent fire at the St. Joseph Mercy Hospital which ravaged one of the main buildings in the compound a settlement has been reached between the hospital’s Insurance Broker, P & P Insurance Brokers & Consultants Limited and the three insurance companies with whom the risk was placed.

Commissioner of Police Henry Greene donated airline tickets to three national table tennis players participating in the Central American and the Caribbean (CAC) Games in Puerto Rico.

Acting Chief Magistrate Melissa Robertson yesterday ordered that a man, who allegedly stabbed a woman to her neck with a screwdriver after threatening to kill her, be remanded to prison when he appeared at the Georgetown Magistrate’s Court.

Twenty children from the Ruimveldt Children’s Home and Care Centre were evacuated during the wee hours of yesterday morning after a fire started in the building’s garage.

The current rainy weather has contributed to the unsatisfactory state of the $8 million Demerara Cricket Board (DCB) Training Facility says the President of the Guyana Cricket Board Chetram Singh, while emphasising that “there will be no forsaking of the facility”.

The Tactical Services Unit (TSU) team yesterday trampled the Felix Austin Police College (FAPC)–Berbice team 3–0 to emerge as the winners of the team category on the first day of the Guyana Police Force (GPF) Inter Division and Branches Table Tennis Competition held at the Sergeants and Inspectors’ Mess, Eve Leary.

The lifeless body of an unidentified man was yesterday morning found floating in the canal between Vlissengen Road and Irving street, close to Church Street.

– after witnesses change stories The man charged with the brutal murder of a teenage girl of Number 19 Village, East Coast Berbice was on Monday freed at the end of a preliminary inquiry (PI) into the case after hostile witnesses caused the case to collapse.

National sprinter Chavez Ageday has been confirmed as the final team member of the Guyana contingent set to participate in the inaugural Youth Olympic Games scheduled for Singapore from August 14-26.

By Zoisa FraserLife for 34-year-old Jacqueline Cato has been very challenging over the years but following the brutal murder of her husband at his worksite on Wednesday, she and her children are facing an even more uncertain future.

The Guyana Amateur Boxing Association (GABA) is confident all of its boxers will return with medals from the CAC games set for July 22-31 in Mayaguez, Puerto Rico.

The Guyana Amateur Swimming Association (GASA) started official trials yesterday to select swimmers for the August 13-15 Goodwill Games in Suriname.

The two breaches in the Mabura road have been fixed and traffic can flow normally again though there will be minor interruptions as work continues.

By Candace Phillips As the shortage of chicken continues on the local market, the cost fluctuates between $380 and over $400 for a pound, forcing consumers to seek alternatives or pay the high prices.

The Western Tigers Football Club is hosting a summer programme for youth at the West Ruimveldt playfield from Monday.

Finance Minister Dr Ashni Singh yesterday tabled an amendment to the Procurement Act in the National Assembly that would allow for the publication of government procurement opportunities on a freely accessible website.

BRIDGETOWN, Barbados, CMC – Jamaica’s cricket operations manager Courtney Francis has dismissed suggestions that Chris Gayle’s rejection as Twenty20 captain has any serious implications for his future leadership of the national squad.

Bourda Market’s Culture & Herbs Boutique and Variety Stall The Culture & Herbs Boutique & Variety Stall inside Bourda Market provides encouraging evidence of modest enterprise that allows an attractive reminder of the African tradition of Guyanese culture.

PORT OF SPAIN, Trinidad, CMC – Exciting West Indies all-rounder Dwayne Bravo warmed up for the upcoming regional Caribbean T20 series with a stroke-filled, unbeaten half-century yesterday.

-being done according to designs NAO Task Force says Drainage work along Republic Avenue, Mackenzie, Linden which had been stopped by the Linden Municipality and the Regional Democratic Council on the grounds that it posed a threat to the integrity of the road, resumed last week Wednesday.

At 57, Anthony Sarjoo has just embarked on his second tilt at doing business in Guyana.

LONDON,  (Reuters) – England striker Emile Heskey  announced his international retirement on Thursday after his  country’s disappointing World Cup campaign.

Currently, the Clerical and Commercial Worker’s Union (CCWU) has no legitimacy as far as the Pegasus Hotel and its employees are concerned, as all its former members resigned months ago in protest at the ineffectiveness of the union in representing their interest over the years, owner Robert Badal says.

PORT OF SPAIN, Trinidad, CMC – Fast bowler Mervyn Dillon is seriously mulling over a comeback, five years after last playing for West Indies.

The man who was killed in a boat mishap in the Cuyuni River on Tuesday has been identified as 39-year-old, Miguel (only name given) of the Cuyuni area.

Dear Editor, Your kindly publication of my most recent letter on the subject of Land Registration and its present predicament seems to have excited little interest, comment or action in the expected spheres. 

Business Editorial The marked increase in the number of violent incidents in mining communities in recent months, some of which have resulted in deaths and serious injuries, is the latest challenge facing the sector; and it is a serious one.

LAPPEENRANTA, Finland,  (Reuters) – South Africa’s  world 800 metres champion Caster Semenya won her comeback race  yesterday after an enforced break of almost a year following  controversial gender tests.

President Bharrat Jagdeo recently met a delegation comprising various public and private sector agencies from the Republic of Korea to discuss potential areas for investment.

Dear Editor, Mental abilities are supposed to decline as we age.

Dear Editor, Reference is made to the Ethnic Relations Commission’s (ERC) letter signed by Yolanda Ward, titled `It is the GB&GWU which has stalled progress on its complaint to the ERC’ (SN, July 15).

Jacquelyn Hamer Jacquelyn Hamer is a retired Guyanese diplomat and a Director of the skills training organization Visions of Excellence.

BOURG LES VALENCE, France,  (Reuters) – The heatwave  went to the riders’ heads on the Tour de France as Mark Renshaw  was kicked out of the race over a head-butting incident that  spoiled stage winner Mark Cavendish’s party yesterday.

Two teenagers were relieved of their valuables by two motorcycle bandits while walking in the Cummings Lodge area on Wednesday night.

HOUSTON,  (Reuters) – BP Plc said yesterday it stopped the flow of oil into the Gulf of Mexico from its deep-sea well for the first time since it ruptured in  April, prompting hope that the leak can be plugged for good.

A housewife was gun-butted during an armed robbery at her Goed Fortuin, West Bank Demerara home around 10 am yesterday.

By Rawle Lucas Rawle Lucas is a Guyanese-born Certified Public Accountant and Assistant Vice-President of the Lending Services Division.

WASHINGTON, (Reuters) – The U.S. Congress yesterday approved the broadest overhaul of financial rules  since the Great Depression and sent it to President Barack  Obama to sign into law.

DUBAI, (Reuters) – The International Cricket  Council (ICC) has tabled an anti-doping code it says satisfies  WADA’s ‘whereabouts’ rule but will not force many elite  cricketers to provide information on their location away from  the game.

Dear Editor, The debate on homosexuality is on a roller-coaster in the Stabroek News, with varying degrees of incoherence and incongruity emanating from right as from left in the pro-gay constellation.

Police in `C’ Division were up to press time last evening still trying to find the persons who murdered security guard, Ronald Cato called `Pepper’ before escaping with batteries from three heavy-duty construction machines between late Tuesday night and early Wednesday morning.

TEHRAN, (Reuters) – At least 21 people, including elite Revolutionary Guards, were killed and 100 wounded in two suicide bomb attacks at a prominent Shi’ite Muslim mosque in the  southeast Iranian city of Zahedan yesterday, Iranian media  reported.

(Jamaica Gleaner) – The Manatt, Phelps & Phillips saga has been brought back to life with news surfacing on Wednesday, by way of United States publication AM Law Daily, that the law firm was paid an additional US$15,000 by local attorney-at-law Harold Brady on March 19 this year. 

Dear Editor, I am simply surprised like many others that no positive action is being taken by the relevant authorities to prevent the overloading of passengers in speed boats plying the Supenaam/Parika route and too late the cry shall be some time or the other over the loss of precious lives when something seriously happens because of this dangerous practice.

A prominent city businessman has told Stabroek Business that he believes the local private sector umbrella bodies ought to be doing more “to publicly highlight the challenges that are affecting the efficiency of the private sector” while “doing as much as they can to work with the government to respond to those problems”.

ST ANDREWS, Scotland, (Reuters) – Rory McIlroy  showed his vast potential on the oldest stage of all yesterday  as he equalled the lowest round in a major to lead the field by  two, and a lurking Tiger Woods by four, at the British Open.

Nursery, Primary and Secondary School students began receiving school uniform vouchers yesterday, the Government Information Agency (GINA) reported.

Dear Editor, It was a hot day. God had just completed his greatest achievement, the creation of man.

(Jamaica Gleaner) – The police, as well as the heads of the umbrella private sector organisations, have expressed surprise at extortion claims being made by some members of the downtown business district.

CARACAS,  (Reuters) – Tucked into forested hills in  southwest Caracas, a red-brick housing complex for the poor is a testing ground for Venez-uelan President Hugo Chavez’s latest  step to build socialism in the Latin American oil producer.

– small mining operations particularly vulnerable The recent spate of violent incidents that have occurred in various mining communities could pose a serious threat to the stability of the sector if allowed to persist without a robust corrective response, President of the Guyana Gold and Diamond Miners Association (GGDMA) Frederick Mc Wilfred told Stabroek Business in a telephone interview earlier this week.

LONDON, (Reuters) – Pakistan face a 13th consecutive  defeat against Australia in the first test at Lord’s after they  were set a world record 440 to win on the third day yesterday.

WASHINGTON/NEW YORK,  (Reuters) – Goldman Sachs  Group Inc agreed to pay $550 million to settle civil  fraud charges over how it marketed a subprime mortgage product,  ending months of negotiations that rattled the bank’s clients  and investors.

Dear Editor, So, now that all schools in Guyana have officially ended their academic programmes for the year 2009-2010, that means that the Education sector’s initiatives and programmes have ended theirs too, right?

BOGOTA (Reuters) – Colombia has proof leaders of outlawed rebel groups are hiding in neighboring Venezuela, the government said yesterday in a statement likely to further strain already tense relations between the Andean countries.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 364’s trading results showed consideration of $353,600 from 15,350 shares traded in 3 transactions as compared to session 363 which showed consideration of $3,472,671 from 210,289 shares traded in 13 transactions. 

HARRISON, New Jersey, (Reuters) – France striker  Thierry Henry announced his retirement from international  soccer Thursday, bringing an end to a dazzling career that saw  him win almost every major trophy and honour in the game.

Various amounts totalling $1.6M were yesterday handed to 46 African cultural groups by the Ministry of Culture, Youth and Sport for them to carry out activities for the 176th Emancipation celebrations.

Frankly Speaking…  By A.A Fenty Yes friends. Guilty! These are recycled thoughts being presented once more for your consumption.

Dear Editor, The President of Guyana has sued the Kaieteur News, columnist Freddie Kissoon and editor Adam Harris.

GUATEMALA CITY, (Reuters Life!) – Archeologists in  Guatemala have discovered a Mayan king’s tomb packed with a  well-preserved hoard of carvings, ceramics and children’s bones  that cast fresh light on the vanished civilization.

AMSTERDAM (Reuters) – The Netherlands said yesterday claims by Venezuela that Dutch military planes made illegal flights into the Latin American country’s airspace were groundless.

(Prepared by the Guyana marketing Corporation and published by Stabroek News Business as a public service)

FRANKFURT, (Reuters) – Michael Ballack has hit back  at Philipp Lahm’s wish to stay as German captain after his stint  in charge during the World Cup when regular skipper Ballack was  ruled out with injury.

It would have been a sporting travesty of the highest order if Holland had snatched the FIFA World Cup from Spain in last Sunday’s emotional and pulsating, albeit ugly, final.