Business

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.

The EIA reports that Guyana, situated on South America’s northern coast neighbouring Venezuela, Suriname, and Brazil, has emerged as a significant contributor to growth in the global supply of crude oil.

A sampling of urban working class Guyanese, predominantly women with school-age children did not find them as upbeat as President Irfaan Ali might have hoped they may be about what he had to say recently about the “deliberate initiatives and policies” that his administration has undertaken “over the last four years to address the rise of global food prices and cushion the cost of living for Guyanese.”

The Caribbean Hotel and Tourism Association (CHTA) has given the recently hurricane-ravaged regional tourism industry ‘four stars’ for what it described in a media pronouncement as the “extraordinary resilience” it demonstrated in the wake of Hurricane Beryl which created an unprecedented level of disruption to normal life in those territories.

Gold Prices for the three day period ending Thursday November 3, 2021

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1083’s trading results showed consideration of $26,187,831 from 26,644 shares traded in 22 transactions as compared to session 1082’s trading results which showed consideration of $34,919,105 from 77,742 shares traded in 37 transactions.

Reports reaching Guyana from our sister CARICOM member country, Trinidad and Tobago, suggests that there is something almost surreal about the seemingly ceaseless orgy of violence, underpinned by routine targeted executions, reportedly a manifestation of the proliferation of gruesome ‘gang wars’ in which clinical ‘terminations’ have become the order of the day.

Just over two years ago, on June 28, 2022, the World Bank released a missive titled ‘The Fight Against Food Insecurity in the Caribbean’ in which it outlined various global and regional circumstances that were, collectively, seriously degrading food security in the region and it was out of this that came a boisterous and seemingly energetic move on the part of CARICOM member countries to seek to create a template that might push back the worst excesses of food security in the region.

Guyana’s reputation as ‘the food basket of the Caribbean’ has never, for a moment, been called into question, the consistently enduring performance of our agriculture sector making the point that not only do we produce sufficient to feed ourselves (and this bears no relation to high food prices in our municipal markets) but also to help ‘cover’ for the food deficit that obtains elsewhere in the region.

For more than one reason the hurricane season in Caribbean causes some of the sectors that have traditionally been the mainstay of the region’s economy to become afflicted with compulsive attacks of jitters.

Across political administrations in Guyana there have been persistent concerns about the physical conditions that obtain at our municipal markets which, in instances, are well-known to be downright deplorable even hazardous to health.

The Caribbean Development Bank (CDB) is reportedly readying itself to take on what may well be the most demanding assignment in its history: improving public road transport in the region.

In a week when there appeared to be no relenting in public criticism of aspects of the modus operandi of the Guyana Police Force (GFF), the country’s two leading private sector business organizations, the Private Sector Commission and the Georgetown Chamber of Commerce and Industry (GCCI) appeared to be on diametrically opposite sides on the issue of aspects of policing, not least the seeming operational anomalies in the Guyana Police Force (GPF) and the importance of credible investigations into key aspects of its adherence to its ‘Service And Protection’ motto.

On an ‘off day’ from the ‘sit down’ sessions comprising the Forty-Seventh Session of the Conference of CARICOM Heads of Government Conference, Guyana’s President, Irfaan Ali, reportedly assigned some of his time to, among other things, reportedly reviewing the use to which Grenada was putting a number of Green/Shade houses valued at US$12,000 donated to the country by Guyana earlier this year. 

In the face of the recent enormously destructive impact of Hurricane Beryl, the Inter-American Development Bank (IDB), through its Country Manager, came a-calling in Kingston recently.

Burnishing the historic ties that bind Africa and the Caribbean has been one of the focal points of the region in recent years and a recent disclosure by Trinidad and Tobago’s Trade and Industry Minister Paula Gopie-Scoon has underlined the twin-island Republic’s determination that its own contribution to strengthening regional links with the continent not be lost amidst the maze of activity ensuing elsewhere in the region.

The World Economic Forum (2023) reports that the trade finance gap is now $1.7 trillion globally, with Small and Medium-sized Enterprises (SMEs) disproportionately affected by this shortfall.

By MIA AMOR MOTTLEY Finance & Development Magazine, June 2024  Reform of its lending arrangements for middle-income countries is overdue When considering the economic and development challenges of developing economies in the face of the climate crisis, most people tend to view debt as a complicating factor at best and a source of many of our problems, at worst.