Daily Archive: Sunday, November 3, 2024

Articles published on Sunday, November 3, 2024

Minister of Natural Resources Vickram Bharrat (second from left) and Chateram Ramdihal (third from left) of Ramdihal and Haynes with the signed agreement for the VHE audit of US$7.3b in May of 2022. (Ministry of Natural Resources photo)

Goolsarran slams award of second oil audit to VHE

-in light of questions about unfinished examination of US$7.3b in costs   Former Auditor General Anand Goolsarran has flayed the award of a second audit of oil costs to the local consortium VHE considering the questions raised about its performance on the yet unfinished examination of a whopping US$7.3b in ExxonMobil expenses.

Attendees during the opening address at the GGI Stakeholder Forum

Oil companies play up role of $20b fund

The Greater Guyana Initiative (GGI) on Tuesday hosted a stakeholder forum at the Guyana Marriott Hotel, Georgetown to reflect and discuss the impact of the US$100 million ($20 billion) invested in the Initiative by the Stabroek Block co-venturers, and explore opportunities for collaboration and networking in their respective sectors.

The ills of new-found wealth

Dear Editor, In the present circumstances in Guyana, when our economy has been so upgraded in the past few years, mostly because of our fortunate acquisition of the revenue we are reaping from the oil discoveries, I would like to caution my fellow Guyanese of the bad impact this new-found wealth can have in the way we feel, think and behave, and in our well-being.

Jagdeo promises gross constitutional violation: Ali needs to assert his authority

Economic Commentary by Christopher Ram   Introduction Vice President Bharrat Jagdeo  – in one of the government’s most egregiously constitutional violations – announced at his weekly press conference at the PPP/C’s headquarters that the government has no intention to seek parliamentary approval for the already bungled cash payout of oil money to Guyanese at home and abroad.

 Read to succeed

I remember “Read to Succeed” was once the theme of the activities and exhibitions organized to celebrate the work of library services for the children of Guyana.

PriceSmart feeling foreign exchange crunch in Trinidad

(Trinidad Express) PriceSmart, identified in 2015 by former Central Bank governor Jwala Rambarran as the leading user of US dollars in Trinidad and Tobago’s retail and distribution sectors, says that ongoing challenges due to limited US dollar availability in this country have impacted its ability to convert T&T dollars to meet its obligations and support investments.

Gulab Jamun (Photo by Cynthia Nelson)

Reflecting

Whether it’s Eid, Easter, Diwali or Christmas, many of us find ourselves in a state of reflection as we engage in the rituals and traditions with which we grew up.