Daily Archive: Friday, August 16, 2024

Articles published on Friday, August 16, 2024

Minister of Natural Resources Vickram Bharrat (centre) speaking at the press conference on Wednesday. Also in photo are Permanent Secretary in the ministry, Joslyn McKenzie (right) and Head of the Guyana Geology and Mines Commission, Newell Dennison. (Ministry of Natural Resources photo)

All six oil block awardees say they are ready to move ahead, will pay signing bonus – Bharrat

-reviewing new Production Sharing Agreement All six companies that had been awarded oil blocks from Guyana’s first auction have been granted approval by government and have indicated that they are willing to pay the respective signing bonuses, as such, they have been issued the new Pro-duction Sharing Agreement (PSA) for perusal, pending signing, Minister of Natural Resources, Vickram Bharrat,  announced on Wednesday.

112 small miners issued permits at former Troy concession – Bharrat

-as court action continues to recover debts Even as government continues to pursue court action to recover monies from the defunct Australian-owned gold mining company, Troy Resources, some 112 small miners have been given permits at the Karouni, Region Seven concession while talks are ongoing with four consortiums who will do their own feasibility studies and tests at the site. 

Action on the opening night in the inaugural edition of the ‘Bend it Like Beckham’ Futsal Championship

Sparta, Bent St., Gold is Money win on opening night

‘Bend it Like Beckham’ Futsal Traditional giants Sparta Boss, Bent Street, Gold is Money, and North East La Penitence advanced to the next round when the inaugural edition of the ‘Bend it Like Beckham’ Futsal Championship commenced on Wednesday evening at the National Gymnasium on Mandela Avenue.

Sugar is dead in Guyana

Dear Editor, In my econometrics class by Wall Street experts, I was told to hold one variable constant and to examine or change the other variables based on empirical evidence to predict the future or present-day expectations.

Minister of Health Dr Frank Anthony and others at the meeting. (Ministry of Health photo)

Minister summons meeting on mpox readiness

Minister of Health, Dr Frank Anthony, yesterday met with departmental heads from the Ministry and representatives from the Pan American Health Organisation/World Health Organisation (WHO), the Civil Defence Commission and other relevant stakeholders to discuss the country’s readiness plans for mpox.

Lall’s attacks on Exxon are unacceptable

Dear Editor, On August 14, a letter by GHK Lall was published in SN and I would like to congratulate your newspaper for being an exemplary leader in the most important instrument of democracy and fairness – the free press which is the backbone of any attempt to maintain a real democratic Guyana.

Biden, Harris hail Medicare drug price cuts that will save billions

LARGO, Maryland/WASHINGTON, (Reuters) – The United States has negotiated down the prices of 10 top-selling prescription drugs used by Medicare by as much as 79%, hoping to save $6 billion in the first year as part of a plan hailed yesterday by President Joe Biden with the aim to ease anger about high prices ahead of November elections.

Hunger in the Caribbean decreasing – FAO Analytics

Still nothing from ‘lead Heads’ on CARICOM food security undertaking FAO Analytics, the Food and Agriculture Organization (FAO) body responsible for collecting, collating, analyzing, and disseminating food and agriculture statistics says that hunger in the Caribbean and Latin America is decreasing, simultaneously asserting that Brazil is leading the race to reduce food insecurity in the hemisphere.

Venezuela legislators approve law to regulate NGOs

CARACAS, (Reuters) – Venezuela’s ruling party-controlled National Assembly yesterday unanimously passed a bill allowing the government to more tightly regulate non-governmental organizations (NGOs), amid criticism of a government crackdown on the opposition after a disputed July election.

Lead Heads on regional food security Prisident Irfaan Ali and Prime Minister Mia Mottley

FAO sees hunger reducing in Latin America, the Caribbean

From a Caribbean perspective the news may not have come from the horse’s mouth, so to speak, though the report published on Wednesday August 7th (Dominica News Online) that hunger was decreasing in the Caribbean and Latin America and that Brazil was ‘leading the way’ was not only heartening but emotionally relieving, since, up to this time, there has been no definitive words on the pace of the regional (CARICOM) food security initiative.

ECLAC report sets Guyana apart in a region where low economic growth seems set to persist

Whereas, it was not ‘many moons ago’ that the consistently sluggish performance of the Guyana economy had caused the country to be dubbed ‘the sick man of the Caribbean,’ nothing could be further from the truth these days, at least not in the view of the Economic Commission for Latin America and the Caribbean, one of the five regional commissions of the United Nations, established for the purpose of contributing to the economic development of Latin America and the Caribbean and coordinating actions directed towards this end.

Stock Market Updates

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1084’s trading results showed consideration of $2,761,889 from 10,123 shares traded in 35 transactions as compared to session 1083’s trading results which showed consideration of $26,187,831 from 26,644 shares traded in 22 transactions.