Daily Archive: Friday, February 23, 2024

The Guyana Office for Investment (G-Invest) yesterday announced its participation in Agro Fest 2024, marking the third consecutive year of involvement in this event organized by the Barbados Agriculture Society.

SHAMBHU, India,  (Reuters) – Thousands of protesting Indian farmers facing off with security forces have come under the protection of the Nihang Sikhs, a warrior sect dating back to the 1600s distinguished by their ink-blue robes and ancient weapons such as swords and spears.

 (Reuters) – U.S. President Joe Biden today announced Washington would issue more than 500 new sanctions targeting Russia as the United States seeks to increase pressure on Moscow to mark the second anniversary of its war in Ukraine.

(Trinidad Guardian) An 11-year-old boy was killed during a shooting along Laventille Road yesterday afternoon, while the gunmen’s intended target escaped with minor injuries.

(Trinidad Guardian) Strike action by over 1,000 workers at the Port of Port-of-Spain yesterday caused major disruptions.

Ambassador Linda Thomas-Greenfield, Representative of the United States to the United Nations and a member of President Joe Biden’s cabinet, will travel to Georgetown, Guyana, February 24-26, to lead the United States Delegation to the 46th Regular Meeting of the Conference of Government of the Caribbean Community (CARICOM).

Facing a three-week-old strike by teachers, the government was yesterday served with an industrial action ultimatum by the Guyana Public Service Union (GPSU).

By Abigail Headley Justice Sandil Kissoon yesterday ruled that the Government is barred from deducting monies from striking teachers’ salaries until the Guyana Teachers’ Union (GTU)’s legal challenge against this move is determined.

After rebuffing public qualms about its timeline, the government has finally admitted that its massive gas-to-energy project will be delayed by around a year.

President Irfaan Ali on Monday at the opening of the Guyana Energy Conference and Supply Chain Expo at the Marriott Hotel said that a gold refinery is viable in Guyana, adding  that there is serious interest in the establishment of one.

Scores of teachers yesterday joined hands in the ongoing strike in Region Two just next to the Region’s flag raising ceremony for the Republic anniversary.

US Ambassador to Guyana, Nicole D. Theriot, on Wednesday paid a courtesy call on Executive Members of the Alliance For Change (AFC) at its Centre For Change headquarters and heard complaints about the erosion of democratic principles.

The Guyana National Bureau of Standards (GNBS) on Tuesday said it had certified Analytical Technologies Inc.

The Electoral Reform Group (ERG) says that there can be no justification for the rigging of elections in Guyana.

Amid much fanfare, pomp, and a stellar showcase of the Guyanese culture through drummers from African and Indian traditions as well as masquerades and choreographed dances, the 9th ICC Men’s T20 World Cup was launched yesterday in Guyana at the MovieTowne Mall, East Coast Demerara.

For a country which, not many moons ago, had been labeled the ‘sick man’ of the Caribbean, Guyana’s seeming ‘miracle cure’ has now become not just the loudest ‘noise’ that the region has made since the boisterous collective expressions of optimism that had come with the end of colonial rule and subsequent political independence, but, as well, one of the more promising global hotspots for investment anywhere in the world today.

Defending champion, the Guyana Harpy Eagles, lead the West Indies Academy by 178 runs following the conclusion of day two at the Coolidge Cricket Ground in Antigua and Barbuda in the Cricket West Indies 4-Day Championship.

The Ministry of Public Works yesterday disputed the claims made by a letter writer, C Woolford  in the February 21 edition of Stabroek News under the heading `New road at Cornelia Ida Sea View has made our lives a daily struggle’.

Even as it continues to focus on playing its role – along with Barbados – in piloting the emergence of a regional regime that seeks to ease the region’s food security woes, Guyana’s Ministry of Agriculture has announced, through the Department of Public Information (DPI) that it will be collaborating with the Caribbean Development Bank (CDB) in what the release says are projects designed to “boost food security” in the region.

Caribbean sports broadcaster SportsMax will broadcast the opening night of the KFC Elite League, which is pencilled to commence on Sunday at the National Training Centre (NTC), Providence.

MODEC a Japanese company involved in the construction, chartering and operation of platforms for oil and gas production and which will be adding a new FPSO to Guyana’s bourgeoning oil and gas production sector, on Wednesday hailed  its presence and participation at Guyana’s 3rd edition Energy Conference and Supply Chain Expo.

Even as Starr Computers’ Chief Executive Officer, Mike Mohan, asserts that his company continues to seek to deepen its footprint in the information technology sector, the United States-based Guyanese businessman had dropped a hint that his company is interested in further investments in what is now the country’s oil-driven economy.

Prime Minister Mark Phillips, who is performing the functions of President, officially unveiled a $500 commemorative stamp honouring the late Captain Roland DaSilva yesterday afternoon at Base Camp Ayanganna.

Belle Vue, Windsor Forest, Wales recorded comfortable wins when the West Demerara Cricket Association sanctioned ‘Jits and Neelam’ 40-over Cricket Championship continued on Sunday.

Riddim Squad brushed aside Pele 3-1 when the Georgetown Football Association’s (GFA) ‘Black History Month’ Pre-Season Championship continued on Wednesday evening.

President of the Jamaica Promotions Corporation (JAMPRO), Shullette Cox (second right), shares a photo opportunity with (from left) Interim Vice President, Export Division, JAMPRO, Shane Angus; Manager, Exporter Facilitation, JAMPRO, Delaine Morgan; and Manager at EXIM Bank of Jamaica, Errol Barnaby.

RIO DE JANEIRO,  (Reuters) – Foreign ministers at the G20 group of nations meeting in Brazil were nearly unanimous in their support for a two-state solution as the only path to peace in the Israeli-Palestinian conflict, the Brazilian minister hosting the event said yesterday.

West Demerara giant Pouderoyen FC defeated home side Buxton Stars by a 3-0 score-line in a pre-season encounter on Wednesday evening at the Buxton Community Centre ground, East Coast Demerara.

Introduction Today’s column reviews the Annual Report – including the financial statements – of Banks DIH Limited, a group of companies comprising the food and beverage giant and Citizens Bank Limited in which it has a 51% interest.

Already having to endure the social and economic repercussions of waves of migrants from neighbouring Venezuela, CARICOM member state, Trinidad and Tobago is reportedly concerned that further political pressures imposed on Venezuela, through sanctions by the United States, will have the effect of increasing the number of Venezuelans seeking refuge in the country, creating further socio-economic challenges for the country.

(Reuters) – A spacecraft built and flown by Texas-based company Intuitive Machines landed near the moon’s south pole yesterday, the first U.S.

DUBAI/ADEN/LONDON,  (Reuters) – Yemen’s Iran-aligned Houthis claimed responsibility for an attack on a UK-owned cargo ship and a drone assault on an American destroyer yesteday, and they targeted Israel’s port and resort city of Eilat with ballistic missiles and drones.

Ranks from the Bartica Police Station in Regional Division #7, at around 10 on Wednesday night, went to the home of Noel Tobin, a 28-year-old taxi driver of Bartica where his apartment was searched and the following items were found: – One suitcase containing 20 brown and red scotch-taped parcels – One multi-coloured shopping bag containing 16 parcels wrapped in transparent plastic – One multi-coloured shopping bag containing five parcels wrapped in brown scotch tape – Two parcels wrapped in transparent plastic

The Edward B. Beharry Group of Companies Ltd and G-Boats GY Limited have thrown their support behind Youth Basketball Guyana’s (YBG) 2024 developmental programmes.

SYDNEY, (Reuters) – Chinese police are working in the remote atoll nation of Kiribati, a Pacific Ocean neighbour of Hawaii, with uniformed officers involved in community policing and a crime database program, Kiribati officials told Reuters.

Keon Webster and Kareem Douglas appeared before Magistrate Rhondel Weever on Monday at the Georgetown Magistrate’s Court charged with larceny.

Dear Editor, Your article, President unveils big gas plans, Stabroek News, Tuesday, February 20, 2024, refers.

In an unexpected move, the Flying Ace Cycle Club, the organisers of the annual Mashramani Day People’s Choice Pawn Shop Cycling Road Race, announced that the event, originally scheduled to take place today in New Amsterdam, Berbice, has been postponed until a later date.

(Reuters) – Armenia has frozen its participation in the Russian-led Collective Security Treaty Organisation (CSTO) because the pact had failed the country, Prime Minister Nikol Pashinyan said in an interview broadcast yesterday.

Guyana will be hosting the President of the Inter-American Development Bank (IDB)  Ilan Goldfajn and a large delegation of Caribbean representatives of the financial institution for the IDB’s XII Annual Consultation with Caribbean Governors of the IDB slated to commence today, with working sessions to take place between Government and the Bank at the Marriott Hotel in Georgetown.

Dear Editor, A big word of thanks to the Chief Statistician of the Guyana Bureau of Standards, Mr.

Even as the CARICOM member country refuses to set aside the pursuit of its petro dreams that could cause it to join Guyana, Trinidad and Tobago and Suriname as CARICOM’s ‘petro states,’ Jamaica might still be poised to reap considerable rewards from what is known as the ‘Blue’ economy, according to a report in the Wednesday February 22 issue of the Observer newspaper. 

Israel Yaw and the University of Maryland at Eastern Shore recorded their victory in four matches on the collegiate basketball circuit, following a win over Coppin State on Monday evening.

SAO PAULO, (Reuters) – Automaker Hyundai Motor 005380.KS is planning to invest more than $1.1 billion in Brazil by 2032, Brazilian President Luiz Inacio Lula da Silva said yesterday.

Dear Editor Let us begin with what Mr. Hamilton Green, a founding member of the PNCR said last Friday at the Burnham Foundation.

Kitco Market Data Gold Prices for  Thursday February 22, 2024

By Brooke Glasford When I first began studying the Business of Fashion I had to take a course called the Psychology of Fashion—I was less than enthused to take this because I’d never heard of it or considered that there was one, so I couldn’t fathom what it would be about.

The Guyana Trades Union Congress (GTUC) says that it reiterates its support for all trade unions who are denied the constitutionally protected right to engage in collective bargaining on their memberships’ behalf.

Dear Editor, Recently there has been a revival of commentaries about the sugar industry and moreso its arguable productivity.

By Dr Bertrand Ramcharan, Barrister-at-Law Diploma of the Hague Academy of International Law.

OTTAWA, (Reuters) – A Canadian judge yesterday said that a white nationalist who deliberately ran over and killed four members of a Muslim family in 2021 had committed terrorism, the first ruling of its kind, media reported.

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1059’s trading results showed consideration of $8,941,179 from 45,140 shares traded in 34 transactions as compared to session 1058’s trading results, which showed consideration of $17,953,318 from 82,684 shares traded in 40 transactions.

Numerous calls by the Stabroek Business over the past several months for a progress report on the extent of the progress being made in the matter of the creation of the promised regional food security terminal have consistently fallen on deaf ears.

The chaos across the globe which characterised 2023 has continued into 2024.

Unicomer (Guyana) says it has accelerated works at its investment projects here as the company expects increased economic growth.