Daily Archive: Sunday, February 18, 2018

Articles published on Sunday, February 18, 2018

The signature page of the 2013 agreement, which was signed by then president Donald Ramotar

Ramotar signed oil contract with CGX nearly identical to Exxon deal

Government yesterday released the Production Sharing Agreement (PSA) signed by the former Donald Ramotarled PPP/C administration with Canadian miner CGX Resources Inc, the terms of which appear to be almost identical to those of the much maligned 2016 agreement signed by the current administration with ExxonMobil’s local subsidiary and its partners.

Floyd Haynes

Securing advances on oil revenues should be considered

Seeking advances on future revenue from ExxonMobil should be under discussion, according to United States-based Guyanese business professor and accountant Floyd Haynes, who says the benefits for a developing nation like ours are incalculable and can outweigh the disadvantages “I think it should be considered.

Vemen Walters

BCB to know way forward today

The Berbice Cricket Board (BCB) will know which direction it is heading today as the Court ordered election of office bearers of the body is expected to take place at the New Amsterdam Town Hall from 11am.

A school girl pedals home for lunch.

Bengal

Story and photos by Bebi Oosman Bengal Village located on the Corentyne in Berbice used to be home to hundreds of Guyanese, however, migration to foreign lands has seen the numbers greatly diminished.

Nyron Joseph and Nicholas Narine in their semi-final clash yesterday. (Royston Alkins photo)

Joseph, Cheeks to battle in Squash final 

The final of the 2018 Bounty Farm Limited Handicap squash tournament will be decided between Alexander Cheeks and Nyron Joseph after both won their semifinal matches last evening at the Georgetown Club Squash courts at Camp Street.

Nicolas Cruz

Florida school massacre suspect on authorities’ radar in 2016 -report

PARKLAND, Fla. (Reuters) – A teenager accused of shooting to death 17 people at a Florida high school was investigated by police and state officials as far back as 2016 after slashing his arm in a social media video, and saying he wanted to buy a gun, but authorities determined he was receiving sufficient support, a newspaper said on Saturday.

Laughter as medicine

As a voracious reader going back to my school days at Saints (Stanley Greaves had introduced me to the British Council Library to my delight), I remember once being struck by a comment from then US President John Kennedy which went something like this: “Mankind has two things he can draw on to deal with life’s many problems: one is God and the other one is sense of humour.

We need to stop fretting over the 2016 oil agreement

Dear Editor, While I too share the same anxieties as many compatriots over whether government’s share of the revenues from the 2016 petroleum agreement will be the bonanza to finally launch the country into the economic stratosphere, the fact of the matter is we live in a world with established rules and expectations on how international business is conducted and how investment decisions are made by big corporations.

Three held as $1.8B fraud ripples through Indian banks

NEW DELHI/MUMBAI (Reuters) – India’s federal police detained two employees of Punjab National Bank, the state-run lender that says it has been the victim of a $1.77 billion fraud, in the first arrests in a fast-widening probe into the country’s biggest-ever bank scam.

Losing our trees

The rampant loss of trees in the city continues. This time it is upper Brickdam outside of the Ministry of Social Protection where the reserve has been converted  into a  concrete car park.

Inhumankind

More than once I have quoted what the great historian Edward Gibbon wrote in his Decline And Fall of the Roman Empire: history, he wrote, is “little more than the register of the crimes, follies and misfortunes of mankind.”