Daily Archive: Tuesday, November 27, 2018

(Antigua Observer) The Bank of Nova Scotia has been stopped from proceeding with any sale of its operations in Antigua and Barbuda until an application is made to the Government and approval given.

The Ministry of Finance today said the intended acquisition of Scotiabank by Republic Financial Holdings raises important regulatory questions which need to be carefully considered and it expressed regret that the Canada-based bank was pulling out of Guyana while the country was on the brink of financial transformation.

(Republic Financial Holdings) Port-of-Spain, Trinidad:  November 27, 2018 – Today, Republic Financial Holdings Limited (RFHL) announced that it has entered into an agreement to acquire Scotiabank’s banking operations in Guyana, St.

(Reuters) TORONTO — Bank of Nova Scotia today reported fourth-quarter earnings which were marginally below expectations and said it planned to exit nine countries in the Caribbean as part of a shake-up of that business.

LUXEMBOURG,  (Reuters) – Britain can unilaterally reverse its decision to leave the European Union, an urgent hearing of Europe’s top court was told today in a case supporters of EU membership hope could pave the way to a second referendum and ultimately stop Brexit.

(Jamaica Observer) A Jamaica Defence Force (JDF) trainee pilot flying a helicopter was forced to make an emergency landing in an open field in St Catherine yesterday morning and, miraculously, survived the frightening ordeal.

Minister of Finance Winston Jordan yesterday presented a $300.7 billion budget for 2019 and projected GDP growth at 4.6%  in the year before first oil.

A.  Measures in Support of Our Green Agenda 1.3 Mr. Speaker, in our continued thrust to build a green economy, I propose the following tax incentives for companies utilizing alternate energy technologies; renewable energy options, such as gasifiers to use biomass; and harnessing renewable energy through wind, solar and water, I propose to: i.

Nalinie Singh, the daughter of former Guyana Rice Development Board (GRDB) General Manager, Jagnarine Singh was yesterday questioned by ranks of the Special Organised Crime Unit (SOCU) in connection with a huge money-laundering probe.

Riding powerhouse, Corentyne (District Six) retained their school’s cycling championship by a wheel yesterday in the National Park after a strong late surge by the pedal pushers of Upper Demerara/Kwakwani (District 10).

Describing the 2019 National Budget as a disappointment, Opposition Leader Bharrat Jagdeo said last night that it is laced with unnecessary spending and increased taxes, which will cause additional hardship on the populace.  “We cannot support this budget.

North Georgetown (District 11) proved yet again yesterday that when it comes to the pool, the city swimmers are head and shoulders above the competition.

Wayne Griffith, one of the men accused of stealing almost $9 million during an attack at the Ramada Princess Hotel casino in April last year, was yesterday sentenced to 60 months in jail after being found guilty of the crime.

Grove Hi-Tech, Agricola Red Triangle, Timehri Panthers and Swan FC, maintained their grip on the top four positions, when the East Bank Football Association / Ralph Green Under-11 League, continued on Saturday at the Diamond Community Centre Ground.

The Trinidad and Tobago Boxing Association has shortlisted a team of 23 boxers to represent the 868 at the Caribbean Boxing Championships to be held here next week at the Cliff Anderson Sports Hall.

The Guyana Court of Appeal yesterday afternoon affirmed a 20-year sentence imposed upon Haydock Baxter for the fatal stabbing of his wife outside the Georgetown Prison.

The installation of the artificial turf at the Guyana Football Federation’s [GFF] National Training Centre at Providence, officially commenced on Friday.

Government has tabled a proposed allocation of $17.1 Billion for the Agricultural Sector in 2019.

All gold shipments from Guyana were suspended for a brief period last year by the Royal Canadian Mint (RCM) after charges were instituted against a local gold dealer. 

With the first ever stand-alone International Cricket Council’s (ICC) Women’s World T20 done and dusted in the Caribbean, results show that it has attracted global notice.

(Field Level Media) Kemba Walker and Jeremy Lamb scored 21 points each, and the Charlotte Hornets held on for perhaps their most impressive win of the season with a 110-107 victory over the visiting Milwaukee Bucks last  night.

Chief Magistrate Ann McLennan yesterday once again denied bail to Abdul Imran Khan, the man charged with the recent attempted murder of a Palm Court nightclub patron.

The dormitory of the Port Kaituma Secondary School in the northwest, which houses more than 60 students was on Monday faced with a food shortage.  Stabroek News was contacted yesterday by a concerned resident from the area who said the contracted cooks were, as of yesterday afternoon, unsure of what they would prepare for the students housed at the dorms.  It was related that cooks were forced to make do with six loaves of bread and a small quantity of rice to prepare meals for both breakfast and lunch for the students.

(Field Level Media) Karl-Anthony Towns scored 21 points and grabbed nine rebounds yesterday to lead the visiting Minnesota Timberwolves to a 102-95 win over Cleveland.

ST JOHN’S, Antigua, CMC – Cricket West Indies president, Dave Cameron, said West Indies women remained a source of pride for the region, despite their failure to successfully defend their ICC Twenty20 World Cup title.

Dhroowah Ramnauth, the elderly shopkeeper who was found murdered in his Triumph, East Coast Demerara home last Friday following a suspected robbery, died as a result of multiple injuries and suffocation.

CHITTAGONG, Bangladesh, CMC – Bangladesh coach Steve Rhodes has defended the turning pitch in last week’s opening Test against West Indies, contending that the varying types of tracks around the world helped maintain the “intrigue” of Test cricket.

A no-case submission was yesterday made by the attorney representing Trinidad and Tobago national Sawak Maraj, who was charged last year with faking his own kidnapping here and conspiring with others to secure a ransom.

(Reuters) – Pakistan leg-spinner Yasir Shah took 10 New Zealand wickets in Dubai yesterday to leave the Kiwis facing the threat of an innings defeat after day three of the second test.

Eight members of the Guyana Police Force Steel Orchestra have been questioned and placed under close arrest following allegations that they stole exhibits from a recent reception.

Colombo,  (Reuters) – England overcame spirited late resistance from the hosts to seal a first 3-0 series sweep in Sri Lanka when the tourists wrapped up a 42-run victory shortly after tea on the fourth day of the third and final test yesterday.

Government in 2019 will support the appointment of more judges and magistrates and the Law Reform Commission is expected to become fully operational, Minister of Finance, Winston Jordan said yesterday.

Dear Editor,  I am heartened to see that His Excellency, President David Granger has returned from successful medical treatment overseas and is doing well. 

ST JOHN’S, Antigua,  CMC – West Indies will look to build on their exploits during the recent ICC Women’s Twenty20 World Cup when they tour England next year for a six-match limited overs series at several major country venues.

Residents of Whitewater Village and Ganja Landing in the Mabaruma Sub-District, of Region One, have reported the sighting of alleged members of the Venezuelan Sindicato gang in their villages over the weekend.

ROME,  (Reuters) – Italian director Bernardo Bertolucci, whose 1972 movie ““Last Tango in Paris” shocked audiences with a notorious sex scene that came back to haunt him in his later years, died yesterday.

MOSCOW/KIEV,  (Reuters) – Ukraine yesterday imposed martial law for 30 days in parts of the country most vulnerable to an attack from Russia after President Petro Poroshenko warned of the “extremely serious” threat of a land invasion.

The rejection by the University of Guyana Senior Staff Association (UGSSA) and the University of Guyana Workers Union (UGWU) of unilaterally imposed salary increases by the University’s Administration will be referred to the General Council, President of the UGSSA Jewel Thomas announced last Friday.

Dear Editor, I had refrained from writing this letter while President David Granger was under medical review in Cuba, as a demonstration of concern for his well-being.

SHARJAH, United Arab Emirates,  CMC – Superstar Chris Gayle sparkled but all too briefly as his Kerala Knights went down by 36 runs to West Indies teammate Evin Lewis’s Punjabi Legends in the T10 League here yesterday.

CHENNAI, India,  (Thomson Reuters Foundation) – Bollywood veteran Amitabh Bachchan was hailed on Wednesday as a star of India’s farmers after clearing loans worth more than 40 million rupees ($560,000) as an agricultural crisis forces many rural workers into extreme poverty.

Three men were arrested by police in ‘A’ Division (Georgetown) yesterday afternoon with two unlicensed pistols, nineteen live rounds and a pair of “paste-on” number plates in their possession.

NEW YORK,  (Reuters) – Donald Trump’s former campaign chairman Paul Manafort breached his plea deal by lying to federal investigators, according to a court filing yesterday, in a potential setback to the special counsel’s probe into Russia’s meddling in the 2016 U.S.

Dear Editor, It is just possible that not many ‘customers’ would have noted that their GTT, albeit a monopoly, has applied to the Public Utilities Commission for approval of the following: 1) “to implement bundled packages for its wireline services; 2)  to increase wireline access charges; and 3)  to increase landline metered charges for intra calls.”

MELBOURNE (Reuters) – In a year blighted by a ball-tampering scandal that brought the Australian men’s cricket team to its knees, the nation’s women have given fans no small reason to cheer.

Several departments of the Skeldon Public Hospital, in Region Six, are expected to resume operation as the facility is expected to be placed on the Guyana Power and Light (GPL) grid this week.

In its appeal against a Full Court ruling awarding rice miller Arnold Sankar close to $100 million that it was ordered to pay for breach of a paddy deal, the Guyana Rice Development Board (GRDB) is arguing that the judges made several legal errors.

WASHINGTON/TIJUANA, Mexico,  (Reuters) – President Donald Trump said yesterday Mexico should send Central American migrants seeking asylum in the United States back to their homelands, a day after U.S.

Dear Editor, The Guyana National Youth Council remains committed to Guyanese youth and their participation in local and national democracy, as well as local and national development.

ABU DHABI,  (Reuters) – Five times world champion Lewis Hamilton signed off on the Formula One season in style and a cloud of tyre smoke on Sunday after a pole-to-flag victory in Abu Dhabi, his 11th win of the campaign.

Prime Minister, Moses Nagamootoo has said that Guyanese public servants must understand the science of politics, but should not partake in “partisan politics”, according to the Department of Public Information (DPI).

LOS ANGELES, (Variety.com) – Disney’s “Ralph Breaks the Internet” dominated the Thanksgiving box office, generating a massive $84.6 million at 4,017 locations over the five-day holiday period and $56 million for the weekend.

NEW YORK,  (Reuters) – Joaquin “El Chapo” Guzman was “the boss” of Mexico’s Sinaloa Cartel, a witness told jurors in the accused Mexican drug lord’s trial in Brooklyn federal court yesterday, contradicting the claim by Guzman’s lawyers that his dominance of the drug trade was a myth.

Dear Editor, If the recently concluded Local Government Elections (LGE) is anything to go by, Guyanese are fed-up and disillusioned with the APNU+AFC Government of President David Granger.

LILLE, France,  (Reuters) – Marin Cilic clinched Croatia’s second Davis Cup title by crushing France’s Lucas Pouille 7-6(3) 6-3 6-3 to give his side a decisive 3-1 lead in an historic final at Lille’s Stade Pierre Mauroy on Sunday.

Venezuela’s dictator Nicolás Maduro may soon face bad news on the diplomatic front: More than 40 countries are considering cutting diplomatic relations or reducing their ties with Venezuela starting Jan.

A team of officers from the Maritime Administration Department (MARAD) will travel to the Waini River mouth this week to investigate the sinking of a cargo vessel, which occurred on Sunday.

(Barbados Nation) The Barbados Water Authority (BWA) will be looking to part ways with 75 of its workers before the end of this week.

DETROIT,  (Reuters) – General Motors Co said yesterday it will cut production of slow-selling models and slash its North American workforce because of a declining market for traditional gas-powered sedans, shifting more investment to electric and autonomous vehicles.

This article was received from Project Syndicate, an international not-for-profit association of newspapers dedicated to hosting a global debate on the key issues shaping our world.

LOS ANGELES,  (Reuters) – Oscar-winning actor Robert De Niro and his wife of more than 20 years have separated, media reports said on Tuesday.

On Thursday October 25th, close to two months after being named as the country’s Police Commissioner, Mr.

(Field Level Media) John Wall had 36 points and 11 assists, Bradley Beal added 32 points and the Washington Wizards rallied from an early 17-point deficit to defeat the visiting Houston Rockets 135-131 in overtime.