Daily Archive: Friday, February 21, 2025

MOSCOW,  (Reuters) – Russia could agree to using $300 billion of sovereign assets frozen in Europe for reconstruction in Ukraine but will insist that part of the money is spent on the one-fifth of the country that Moscow’s forces control, three sources told Reuters.

DOHA/RIYADH, (Reuters) – Arab states who were swift to reject President Donald Trump’s plan for the U.S.

(Jamaica Gleaner) While the police have not yet released the names of the three men killed in an alleged gun battle in Grange Hill, Westmoreland, early Wednesday morning, residents have identified them and linked them to the notorious Ants Posse Gang.

(Trinidad Guardian) Tensions between the T&T Airline Pilots’ Association (TTALPA) and Caribbean Airlines Limited (CAL) have escalated, with the union making a bold public statement with a billboard erected on BWIA Boulevard, near Piarco International Airport.

(Trinidad Guardian) The brutal murder of an elderly woman in a home invasion has prompted renewed calls for increased security in the Moruga community.

Whereas consumers in Guyana can rely on an all-year-round supply of citrus fruit at prices that tend to be vulnerable to adjustments that trigger sharp cuts in consumer purchases,, other countries, some of them here in the Caribbean, must, periodically, face much heftier price hikes that can create seasonal separation of consumers from what, in a number of instances, are their favourite fruits.

The Big Apple Mall is one of those trading spaces in the capital, the creation of which coincided with the emergence of fresh waves of urban small businesses, for some of which the new Mall had provided more convivial trading spaces than the living rooms and streets from where they had been trading.

Businessman Terrence Campbell, a Natural Resource Fund (NRF) Investment Committee member, yesterday filed a judicial review application challenging the Government of Guyana’s management and transparency of NRF.

The body of missing Lance Corporal Jermaine Batson, who was presumed drowned, was discovered at about 14.00 hours yesterday about 100 yards from where the boat he was in, sunk in the Puruni River.

After he had ‘sealed a deal’ a week ago with the Trinidad and Tobago company Computer Technologies & Services Limited (CTSL) a leading provider of ICT solutions in the twin-island Republic, Guyanese Human Resources practitioner Peter Benny sat down with the Stabroek Business to discuss with the newspaper a range of entrepreneurial ambitions that embrace a broad sphere of disciplines ranging from management consultancy that targets clients across the Caribbean to creating what, over time, he expects will be one of the most ‘tasteful’ restaurants in the Caribbean.

The Lady Jaguars suffered a major setback ahead of their opening Group A match yesterday in the CONCACAF U-20 Women’s Qualifiers against Belize in Antigua and Barbuda, as five players were deemed ineligible to compete owing to an absence of a Guyanese passport.

(Reuters) – A tearful executive at the U.S. Internal Revenue Service told staffers on Thursday that about 6,000 employees would be fired, a person familiar with the matter said, in a move that would eliminate roughly 6% of the agency’s workforce in the midst of the busy tax-filing season.

A 22-year-old man who the police say was wanted over a series of armed robberies was shot yesterday afternoon at Rasville, Georgetown,  Police say that Yohance Yarris, known as ‘Too Cute’, an unemployed resident of Rasville was shot by police  after ranks came under fire.

(Field Level Media) Payton Pritchard scored 28 points off the bench and Jayson Tatum recorded a triple-double Thursday as the Boston Celtics stormed out of the All-Star break with a 124-104 road victory over the Philadelphia 76ers.

A bill which aims to provide the legal framework for foreign financial institutions to establish representative offices in Guyana with approval from the Bank of Guyana was passed on Monday during the 101st Sitting of the Twelfth Parliament.

SAN JOSE,  (Reuters) – Costa Rica’s government received its first group of mostly Asian migrants deported from the United States yesterday, part of a deal with Washington to temporarily house up to 200 deportees from other nations.

Dear Editor, We express our condolences to the relatives of Shameeza Mohamed.

The Public Procurement Commission (PPC) has rejected a complaint by Colin Oswald Mohamed over the award of a $1m contract for the preparation of financial statements for the Guyana Wildlife Conservation and Management Commission (GWCMC) and it also found that neither of the two bidders had complied with one of the mandatory evaluation criteria.

(Field Level Media) Tyrese Haliburton had 22 points and nine assists as the Indiana Pacers rode a 50-point second quarter to beat the Memphis Grizzlies 127-113 in Indianapolis last night.

(Reuters) – The U.S. Department of Justice yesterday said it would drop a case accusing Elon Musk’s space technology company SpaceX of refusing to hire certain immigrants.

PORT-AU-PRINCE,  (Reuters) – A Haiti court has thrown out a prior summons order against three members of the Caribbean nation’s ruling transitional presidential council who have been accused of corruption, local newspaper Le Nouvelliste reported on Wednesday.

JERUSALEM, (Reuters) – The Israeli military said yesterday that one of the bodies released by Hamas did not belong to any of the hostages held in Gaza, accusing Hamas of violating an already shaking ceasefire.

Dear Editor, The role of the American Chamber of Commerce (AMCHAM) in the 2020 Guyana elections, particularly its enlistment of observers, raises important questions about impartiality.

President Irfaan Ali yesterday oversaw the execution of two  Memoranda of Understanding (MoUs)  – including one on pharmaceutical services – on the sidelines of the 48th Regular Meeting of the Conference of Heads of Government of CARICOM in Barbados.

(Reuters) – The US government flew 177 Venezuelan migrants from Guantanamo Bay to Honduras yesterday, from where they are set to be transferred on to Venezuela, U.S.

WASHINGTON, – U.S. Homeland Security Secretary Kristi Noem yesterday cut the duration of deportation protections and work permits for 521,000 Haitians covered by the Temporary Protected Status program so that they will expire in August, a Department of Homeland Security spokesperson said.

The Ethnic Relations Commission (ERC) on Wednesday met with representatives from the European Union (EU) Delegation to Guyana and the International Institute for Democracy and Electoral Assistance (International IDEA) to discuss potential areas of collaboration at Guyana’s 2025 upcoming elections.

Dear Editor,  The fraud case of national interest and importance has begun, but after two days of testimony from a lone witness, there is yet again an adjournment, a lengthy one, to March 17 (GT Feb 20].  

(Trinidad Guardian) A 64-year-old woman was found dead in her St Mary’s Village home on Thursday, while her husband was discovered seriously wounded.

(Reuters) – A federal judge yesterday ordered Trump administration officials to comply with his earlier order that they lift a freeze of nearly all foreign aid, though he stopped short of holding them in contempt of court.

Taxi driver, Owin Boston appeared yesterday  at the Georgetown Magistrate’s Court before Acting Chief Magistrate Faith McGusty charged with robbery.  Boston pleaded not guilty to the charge.

Dear Editor, In many western countries cemeteries are gardens. Beautifully landscaped spaces where residents can go and read a book or have a picnic.

(Trinidad Express) Opposition Leader Kamla Persad-Bissessar has raised objections to what she says is the Government’s decision to hand over the Petrotrin refinery to a company that has questions to answer.

Dear Editor, Bill has driven in some mad places but Guyana drivers take several biscuits.

During his presentation yesterday at the  Guyana Energy Conference and Supply Chain Expo 2025 underway at the Guyana Marriott Hotel, Senior Minister in the Office of the President with Responsibility for Finance and the Public Service Dr.

GENEVA,  (Reuters) – A top Swiss court yesterday found a former employee of commodity trading firm Gunvor guilty of corrupting officials in the Republic of Congo in exchange for oil contracts.

Dear Editor, The first time I heard the word, a long ago exotic foreign locale came to mind.

WASHINGTON, (Reuters) – Staff at the U.S. farm, environment and interior agencies have been instructed by the Trump administration not to speak with the U.S.

BOGOTA,  (Reuters) – Deforestation in Colombia rose 35% in 2024 from a 23-year low the previous year, fueled by an uptick in the Amazon region, Environment Minister Susana Muhamad said yesterday.

Fadil Shaw called ‘George’, a 36-year-old labourer of Lot 24 Three Friends, Essequibo Coast, was yesterday jailed for one year over the possession of 1.1 grammes of cocaine for the purpose of trafficking.

SAO PAULO,  (Reuters) – Brazilian prosecutors presented a streamlined version of charges against former President Jair Bolsonaro this week over a plot to overturn his 2022 electoral loss, which could boost the chances of a final ruling before next year’s elections.

Chief Executive Officer of Guyana Water Incorporated (GWI),  Shaik Baksh, recently led a team of well experts, hydrologists, and engineers to assess the water supply system in Plegt Anker, East Bank Berbice.

MEXICO CITY, Feb 20 (Reuters) – Mexico President Claudia Sheinbaum said yesterday she will propose a constitutional reform aimed at further protecting Mexico’s national sovereignty, after the U.S.

Dear Editor, Many of the major companies such as Facebook are developing their data centers in the Arctic due to the natural cooling that is available for the servers.

(Reuters) – Jamie Smith will return from injury to keep wicket and bat at number three in England’s Champions Trophy opener against Australia in Lahore on Saturday.

(AFP) In-form Shubman Gill made an unbeaten 101 to anchor India’s chase in a six-wicket win over Bangladesh as the two teams began their Champions Trophy campaign on Thursday in Dubai.

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1111’s trading results showed consideration of $11,736,944 from 34,448 shares traded in 28 transactions as compared to 1110’s trading results showed consideration of $9,094,068 from 37,574 shares traded in 35 transactions.

Never a factor that can be discounted in Barbados’ ongoing assessment of its tourism fortunes from one season to the next, airlift capacity, remains central to the CARICOM member country’s economy.

With the African Export Import Bank (Afreximbank) having now ‘put down roots’ in the Caribbean in the form of its first regional outpost in Afreximbank there is the expectation that the region will be represented at the level of its respective leaders at the Bank’s forthcoming Annual Meeting in Nigeria scheduled for June 23-28 this year.

Gold Prices for the three day period ending Thursday February 20, 2025

Total Property Management Services Guyana Inc. (TPMS, INC) has been awarded the 2024 Guyana Enterprise Suppliers Award from ExxonMobil, a prestigious recognition that acknowledges the standout quality of the performance in the local commitment to excellence, and leadership in the property management sector.

GNBS STAKEHOLDER FEATURE Automobile Power Products formerly Jialing has been selling motorcycles in Guyana since 1994 along with its key accessory, safety helmets.

Still without making a definitive pronouncement on the achievability of the Caribbean’s 25×2025 food importation reduction target, the Caribbean Community (CARICOM) Secretariat in Georgetown continues to send upbeat signals that the target remains eminently achievable.

By Deodat Maraj The 4th International Conference on Financing for Development could catalyse coordinated action to close the financing gap and set the stage for a STI-driven transformation in the world’s poorest countries.

(Reuters) – American boxer Claressa Shields, the undisputed world champion in three weight classes, has been suspended and is under investigation after testing positive for marijuana following her victory over heavyweight Danielle Perkins in Michigan.

(Trinidad Express) Almost a month after she was shot in her home, a Princes Town woman has died at the hospital.

(Reuters) – South Africa’s batters will relish the placid wickets at the Champions Trophy venues but need their bowlers to be more disciplined after two chastening defeats in their recent Tri-Series fixtures in Pakistan, according to captain Temba Bavuma.

MADRID,  (Reuters) – Spain’s High Court has found former soccer federation head Luis Rubiales guilty of sexual assault for kissing player Jenni Hermoso without her consent and fined him over 10,000 euros ($10,434) in a case which caused a nationwide furore.

The Lusignan Golf Club (LGC) is set to host the ANSA McAL Pre-Mash Golf Tournament on Saturday, February 22, 2025.

Every Man, Woman and Child in Guyana Must Become Oil-Minded – Column 153 “The OECD/G20’s Pillar Two framework mandates that all in-scope MNEs (multi-national enterprises) pay a minimum effective tax rate of 15% on profits in each jurisdiction.

Traffic accidents in Guyana continue to claim and maim lives at an alarming rate, but beyond the immediate human cost, the economic repercussions are equally dire.

Dear Editor, Mr. Lincoln Lewis, in a letter to the editor published on February 17, 2025 stated; “In 1990, President Desmond Hoyte and Opposition (Minority) Leader Dr.

By Richard Haass and Carolyn Kissane NEW YORK – There is no denying the reality of global warming.

BEIJING, (Reuters) – China came out in support of U.S. President Donald Trump’s bid to strike a deal with Russia to end the war in Ukraine, at a G20 meeting in South Africa yesterday, while U.S.

An awards ceremony for the fourth China-Guyana Friendship Youth Leadership Development Competition was held on Friday at the Chinese Embassy in Georgetown.

Ask-the-Consul Installment 25-02 In this edition of our “Ask-the-Consul,” we will delve into the topic of visa fraud and the serious consequences of engaging in fraudulent activities during the visa application process.

(Reuters) – The NBA suspended Milwaukee Bucks forward Bobby Portis Jr without pay for 25 games yesterday after he tested positive for banned substance Tramadol, a pain medication the 30-year-old said he took by mistake.