Daily Archive: Friday, November 1, 2024

GABORONE, (Reuters) – Botswana’s President Mokgweetsi Masisi conceded defeat today after a shock election result that saw his Botswana Democratic Party (BDP) lose by a landslide after 58 years in power.

HOUSTON,  (Reuters) – Exxon Mobil XOM.N today  beat Wall Street’s third quarter profit estimate, boosted by strong oil output in its first full quarter that includes volumes from U.S.

(Trinidad Guardian) Caribbean Airlines (CAL) is on board with Finance Minister Colm Imbert’s approved four per cent wage increase offer to pilots, but the union representing them isn’t ready to fly with all of the proposal just yet.

(Trinidad Guardian) A father and son were killed, and another son was fighting for his life at hospital last night, after gunmen attacked the relatives in Valencia on Wednesday night.

(Trinidad Guardian) Education Minister Dr Nyan Gadsby-Dolly says there is no policy barring children from wearing clothing other than their school uniform to attend functions at their schools.

The business process outsourcing (BPO) sector in Guyana is facing turmoil.

Some oil companies are employing foreign employees and rotating them in order to evade paying taxes and bypass local content requirements here, the government said and plans are on stream to implement legislation to stop this.

The Auditor General’s report for 2023 has strongly criticized the Ministry of Public Works over its handling of a Vlissengen Road contract worth $475m where it found that the contractor was delinquent from the very start.

In response to public concern about transparency in the disbursement of oil wealth, Vice President Bharrat Jagdeo said on Wednesday that no legislation would be enacted to regulate the distribution of cash grants to Guyanese.

Even as repairs are ongoing at the Paruima Airstrip in Region Seven (Cuyuni-Mazaruni) after defects were found following its April commissioning, residents of the area are at odds with the contractor over a gentleman’s agreement regarding the use of the community’s boat.

The Ministry of Public Works announced by way of a Public Traffic Advisory that starting October 30, the intersection at Vlissengen Road and Lamaha Street will prohibit right turns.

The Public Procurement Commission (PPC) is still awaiting a formal response from the National Drainage and Irrigation Authority (NDIA) regarding the contentious contract awarded to Tepui Inc for the Belle Vue Pump Station, which has raised significant concerns over potential irregularities in the procurement process.

The Guyana Elections Commission (GECOM) has engaged in discussions with an America, Britain, Canada, and the European Union (ABCEU) delegation over the past few weeks as it prepares for next year’s general and regional elections.

(ESPN Cricinfo) – The only way is up as England seek to reboot their once-glorious white-ball fortunes, but on the evidence of a deeply one-sided first ODI against the West Indies, the journey to the 2027 World Cup will be long, arduous and – perhaps most significantly – unfamiliar to a new generation of cricketers whose unfamiliarity with the rhythms of 50-over cricket was all too plain to see in Antigua.

The staging of an event that would attract interested Guyanese in the diaspora as well as other interested international business people to become better briefed on the investment opportunities that now obtain in Guyana, a country which is in the process of a gradual transformation deriving mostly from the country’s world class oil find, in 2015, is one of the missions of Guyanese-born Stacey Mollison, a United States-based businesswoman whose own entrepreneurial credentials are reflected in her success, owning and operating the Libra Management Group (LMG) in Decatur, Georgia.

PHILADELPHIA (Reuters) – A Pennsylvania state judge said on Thursday he would not immediately move forward with a lawsuit that seeks to stop Elon Musk’s $1 million voter giveaway ahead of the Nov.

A man accused of stabbing 26-year-old Mashabo resident Rayandra Abrams aka Bruce to death on Monday in an ongoing row over $15,000, has been arrested by the police after hiding out for a few days.

Jessica Callender emerged victorious in the Queenside Women’s One-Day Rapid Chess Championship, which was staged at the David Rose Special School in Thomas Lands, Georgetown.

UNITED NATIONS (Reuters) – The United States has received information that indicates that “right now” there are 8,000 North Korean troops in Russia’s Kursk region, deputy U.S.

Two residents of Red Village, Onder-neeming, Essequibo Coast are currently hospitalised at the Suddie Public Hospital after they were injured during a shooting incident in their village on Wednesday night.

For reasons that have everything to do with their most recent accession to the status of petro states – never mind the fact that the full rewards that attend that status are yet to materialize, Guyana and neighbouring Suriname have, overnight, become the region’s major attention-getters.

‘One Guyana’ B Division Volleyball Hururu Hydras and West Rocker Setters won respective divisional titles when the Guyana Volleyball Federation’s (GVF) ‘One Guyana’ National B Division Championship continued.

 A small squall in Trinidad and Tobago (T&T) appears to have broken out between two high-profile figures in the country’s tourism industry over the quality of its product, going forward, and the likely future of the sector even as potential visitors to the country for the tourist season ahead keep an eye on the current crime situation in the twin island Republic.

WASHINGTON (Reuters) – With the U.S. election days away, Vice President Kamala Harris is struggling to secure the support of male volunteers in some labour unions whose phone calls and house visits are needed to get Democratic supporters out to vote, senior labor officials said.

RDC Republic Cup Football South Central and 7K United recorded wins in the men’s division, while Jaguar Warriors prevailed in the women’s division when the Regional Democratic Council’s (RDC) Knockout Football Championship continued.

Road conditions at two busy intersections: Lamaha and Middleton streets and Duncan Street and Bel Air Road have become a point of concern for drivers.

Minister of Agriculture Zulfikar Mustapha earlier this week revealed that the internal audits at the Guyana Marketing Corporation (GMC) have been completed and the ministry was awaiting an update from the Office of the Auditor General regarding further verification.

The economy of now oil-rich Suriname is now being driven, significantly, by a World Bank strategy designed, the Bank says, to boost economic resilience and inclusive development in the country.

Uitvlugt squeaked past struggling outfit Uprising by a 1-0 score when the West Demerara Football Association Senior Men’s League continued at the Uitvlugt Community Centre ground.

(Trinidad Guardian) Amid continuing tension about foreign exchange availability, Scotiabank T&T announced yesterday that effective December 1, 2024, it would reduce the maximum US dollar spending limit per calendar month on its credit cards until further notice.

CWI Regional Super50 Guyana Harpy Eagles opener Matthew Nandu’s maiden first-class 50-over century was the highlight of what would turn out to be a rained-out day at the University of West Indies (UWI) Sports and Physical Education Centre in Trinidad yesterday.

he Georgetown Public Hospital (GPH) observed World Internal Medicine Day 2024 on October 28 with specialists and heads of department together holding a mini expo and blood drive.

CAIRO (Reuters) – At least 30 Palestinians were killed in Israeli military strikes across the Gaza Strip on Thursday, mostly in the north where one attack hit a hospital, torching medical supplies and disrupting operations, the enclave’s health officials said.

Approaching the end of a year when Guyana’s long-confirmed significant oil resources and clear indications that neighbouring Suriname are knocking assertively on the global petro club door, the IMF is forecasting that despite these bright sparks created by the petro pursuits of Guyana and Suriname the region, as a whole, enjoyed favourable economic growth.

Dear Editor, Recently, a young event promoter and popular social media personality came under fire for seeming to benefit from the Government’s recent announcement of road contracts for small contractors.

The soon-to-be-completed Lima Regional Hospital, a project spearheaded by the Ministry of Health and expected to be completed by April/May 2025, will redefine healthcare accessibility in Region Two, according to Minister of Health, Dr Frank Anthony.

MEXICO CITY (Reuters) – In the Mexican state of Sinaloa, authorities have ordered residents not to don masks or costumes on Thursday night for Halloween to avoid being confused with criminals amid a worsening cycle of cartel violence.

As parts of the Caribbean still not having put the woes behind it, modest ‘compensations’ are still forthcoming for some of the smaller, most vulnerable islands of a region in which there has been no shortage of crises this year.

VALENCIA/GODELLETA, Spain (Reuters) – Rescue teams discovered the bodies of eight people on Thursday who had been trapped in a garage after devastating flash floods hit eastern Spain, as the death toll in the Valencia region alone climbed to 155.

The Guyana Boxing Association (GBA) will recommence its monthly U-16 programme tomorrow at the Andrew ‘Six Head’ Lewis gym in Albouystown.

Dear Editor, In my soul, when I witnessed the inauguration of His Excellency Dr.

Middle-income countries are in a race against time to raise their income levels.

BRASILIA/SAO PAULO (Reuters) – Brazilian President Luiz Inacio Lula da Silva has canceled a trip to the Nov.

(ESPN Cricinfo) – South Africa completed their first series win in the subcontinent in a decade, their first series sweep in Asia since 2008, and are up to fourth place on the World Test Championship (WTC) points table.

(Trinidad Guardian) Students attending Penal Rock Presbyterian School will not be dressed in Indian attire today on the eve of Divali.

TAIPEI, (Reuters) – A strong Typhoon Kong-rey made landfall on Taiwan’s east coast on Thursday, the largest storm by size to hit the island in nearly 30 years, closing financial markets, causing hundreds of flights to be cancelled and reducing rail services.

Gold Prices for the three-day period ending Thursday October 31, 2024 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

A fire of unknown origin broke out on Thursday afternoon at Co-op Crescent in McKenzie, Linden. 

Two weeks after a troubling incident at the St Joseph High School where two boys were attacked by older students in a toilet, the Ministry of Education is still to offer some assurance to the public that it has handled this matter to the satisfaction of the aggrieved and that the incident and the manner in which it was reported to have been treated are not widely prevalent across the education system.

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1095’s trading results showed consideration of $54,372,828 from 48,963 shares traded in 31 transactions as compared to session 1094’s trading results which showed consideration of $15,329,083 from 41,459 shares traded in 33 transactions.

The Guyana Defence Force (GDF) last evening said that it had caught one of its ranks stealing fuel from a service vehicle and the process of discipline has been activated against the offender.

Dear Editor, I was stunned by the letter in Stabroek News of the 31 October 2024 with some barefaced allegations signed by the three Commissioners, handling the “business” of the PNC (actually, I’m not sure if its APNU or any of the name changes it attempted to change its imagine/ credibility, reimagining or to improve its consistently faltering support).