Daily Archive: Friday, September 16, 2011

Articles published on Friday, September 16, 2011

Jamaica still rules the sprint

DAEGU, South Korea (AFP) — Usain Bolt may have botched the defence of his world 100m crown, but the Jamaican came back to retain his 200m title and run the anchor in a world-record breaking 4x100m relay team.

UBS trader charged with $2 bln fraud

LONDON/ZURICH, (Reuters) – British police charged  UBS trader Kweku Adoboli today with fraud and  false accounting dating back to 2008, a day after the Swiss bank  was plunged into crisis by revealing a $2 billion trading loss.

Since T&T curfew 2,167 arrested

(Trinidad Express) Since the State of Emergency was announced by Prime Minister Kamla Persad-Bissessar on August 21, law enforcement officials have arrested 2,167 persons, 447 of them in connection with gang-related offences.

T&T man, 24, shot dead by cops

(Trinidad Express) A shooting incident in Laventille, mere minutes before curfew restrictions went into effect in the known crime hot spot on Thursday, left one man dead and another wounded at hospital.

Jamaica PM orders probe of 3,000 missing chairs

(Jamaica Observer) The Minister Bruce Golding has ordered that the police be called in to investigate the disappearance of 3,000 chairs and 70,000 square feet of carpeting which were in the custody of the Urban Development Corporation (UDC) at the newly constructed Montego Bay Convention Centre in St James.

BA dropping Montego Bay route

(Jamaica Gleaner) The tourism capital, Montego Bay, is about to lose one of its biggest European carriers, British Airways (BA), as of March 25 next year, highly placed sources have told The Gleaner.

Barbados unemployment at 12.1%

(Barbados Nation) Statistics yesterday showing that Barbados’ unemployment level jumped to 12.1 per cent at the end of June, were removed from the website of the Central Bank of Barbados in the evening.

Georgetown Cricket Association (GCA) secretary Deborah Mc Nichol receives tournament sponsorship check from Noble House Seafoods representative Piercy Corlette

Importance of long-format cricket stressed

Georgetown Cricket Association President Roger Harper yesterday highlighted the importance of the long-format of cricket in the development of young players when the Noble House Seafoods-sponsored 2011 GCA two-day competition was launched at Malteenoes Sports Club, Thomas Lands.

China Visit

Vice Mayor of Fuzhou, Fujian Province, People’s Republic of China, Chen Qi, and a delegation are on an official visit to Georgetown.

 Aretta Dey

Coach not surprised at Dey, Ramdyhan wins in St Vincent

Coach of Guyana’s national squad of junior tennis players, Shelly Daly-Ramdyhan, says she was not surprised at the recent wins by Aretta Dey and Nicola Ramdyhan at the First Citizens Investment Services 2011 International Junior Tennis Tournament in St Vincent and the Grenadines last month.

Host CARICOM Head of Government for the Third Caribbean-China Economic and Trade Cooperation forum, Prime Minister Kamla Persaud-Bissessar greets China’s  delegation leader Vice Premier Wang Qishan in Port of Spain earlier this week

Caribbean blushing openly in China’s economic embrace

When the Third Caribbean-China Economic and Trade Cooperation Forum opened in Port of Spain earlier this week several Caribbean Heads of Government set aside their alternative schedules to be there, not the customary occurrence in a region where subject ministers are, more often than not, sent to represent their governments at such fora.

Fruits on sale in Bourda Market yesterday

Food exports remain low

Guyana’s coconut exports continue to attract markets in the Caribbean and North America according to the Ministry of Agriculture’s Commodity Market Update for the second quarter of this year though prices slipped gradually but continually during the first six months of the year. 

Jagdeo has made Guyana proud

Dear Editor, I thought long and hard about this decision to voice my opinion on the matter of President Jagdeo’s Appreciation Day, not because I have reservations about his merit, but because I do not wish to add dignity to what seems to be to be a rather unnecessary and puerile discussion on this matter.

Gone overboard

Gone overboard:  This minibus transporting passengers into Mocha Arcadia yesterday afternoon found itself in the trench when the driver lost control after the vehicle’s steering was reportedly cut.

Amnesty again!

Just weeks after the Jagdeo administration’s announcement that it was making yet another generous financial gesture to a Georgetown City Council that simply never seems to possess the liquidity to meet even its most important debts, we are hearing again – at least according to the state-run Chronicle newspaper that the municipality is seeking to “recoup monies for the payment of salaries, garbage collection and the procurement of materials and supplies for the city.”

Lucky Shopper

Lucky Shopper: Guyana Police Consumers Cooperative Society customer Debra Bernard was the First Prize Winner in this year’s annual back-to-school promotion raffle.

US tax-evasion probe turns to Israeli banks

(Reuters) – The US pursuit of offshore tax evaders is widening to include Israel, where US authorities are scrutinizing three of Israel’s largest banks over suspicions their Swiss outposts helped American clients evade taxes, people briefed on the matter said.

Chinese investments in Latin American, the Caribbean must comply – AS/COA

Latin American and Caribbean governments and private sectors must seek to ensure that Chinese companies “abide by the same market and non-market requirements as their western counterparts” as a condition for investing in the region,” says a study titled “Energy and the Americas” published earlier this month by the Americas Society and the Council of the Americas (AS/COA).

What is there to celebrate?

Dear Editor, As I sat in the black-out that engulfed the city on Wednesday night, it dawned on me that after 12 years (the longest serving President) Bharrat Jagdeo and his regime were unable to do something as basic as keeping the lights on.

Ashmin’s

Local department store, Ashmin’s, is the latest Guyanese company to enter the world of e-commerce and cash-less transactions.

Nothing to negotiate

The recent statement by Foreign Minister Carolyn Rodrigues-Birkett that Guyana has made a full submission of a claim to an extended continental shelf to the United Nations, in accordance with the UN Convention on the Law of the Sea (UNCLOS), has elicited an interesting pair of responses in Venezuela – or rather, one interesting response and one interesting non-response.

Stock market updates

      GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 425s trading results showed consideration of $9,637,409 from 130,419 shares traded in 5 transactions as compared to session 424 which showed consideration of $3,771,842 from 135,143 shares traded in 16  transactions.