The continual development of communication technology and more particularly the spread of internet services into what were once considered inaccessible regions of many developing countries is breathing new life into rural and other remote areas and refashioning perspectives for global development, a new report issued by the United Nations Department of Economic and Social Affairs (UNDESA) and titled ‘Reconsidering Rural Development’ says.
Gold Prices for the three day period ending Thursday May 27, 2021
Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 916’s trading results showed consideration of $88,432,883 from 1,106,256 shares traded in 17 transactions as compared to session 915’s trading results which showed consideration of $14,655,455 from 138,949 shares traded in 26 transactions.
In the course of the recent engagement between Agriculture Minister Zulfikar Mustapha and Canada’s High Commissioner to Guyana Mark Berman during which – as reported in this issue of the Stabroek Business – the two talked up possibilities for the strengthening of relations between the two countries, Minister Mustapha, who is the serving Chairman of the Ministerial Task Force for advancing the agriculture agenda of the region, reportedly alluded to the current focus of the Task Force on producing a document on food security highlighting the strengths and weaknesses of each member state, for submission to CARICOM Heads.
The March 2021 first shipment of crude oil from Guyana to a refining destination in India has triggered energetic speculation in the sector that, going forward, the global oil refining giant is positioning itself to become one of the country’s major long-term markets.
Even as the business sector continues to worry over the erratic economic climate that has persisted for more than a year now on account of the COVID-19 pandemic, the will to survive and, where possible, even to realise a modicum of growth is still evident in the outlook of small farmers and agro-processors across the country.
In the period ahead the Government of Guyana will probably have to make some key decisions concerning its relations with Taiwan and by extension, its long-standing diplomatic and, in more recent years, deepening economic ties with the People’s Republic of China.
There appears to be literally no end to the wide assortment of champion vegetables that are widely cultivated in Guyana and Ochro, Okra, Okro or ‘Ladies Fingers’ (the tongue-twisting scientific name for Okra is Albelmoschus Esculentus) rank high on the list.
New data generated by the World Bank indicates that private participation in infrastructure (PPI) in developing countries, including those in the Caribbean, has seen what it describes as a “very modest uptick” in the second half of the year against the backdrop of the advent of a COVID-19 pandemic that had been “widespread and swift.”
By Deodat Maharaj
A new economic turn
Seismic shifts are taking place in the global economic architecture as countries accelerate efforts to transition to clean and green economies.
The Caribbean COVID-19 Tourism Task Force is pointing to what it says is a strong link between continued diligence and adherence to public health safety protocols in the Caribbean and the pace at which the region realises a return to normalcy in a tourism industry upon which the economies of several of the countries are heavily dependent.
A sharp reduction in the consumption of unhealthy foods, tobacco and alcohol use and diminished air pollution are among the priorities which the Caribbean must embrace urgently if the region is to shed the dubious distinction of having the highest mortality rate in the Americas resulting from cardiovascular disease, the Trinidad and Tobago-based Caribbean Public Health Association (CARPHA) is saying.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 915’s trading results showed consideration of $14,655,455 from 138,949 shares traded in 26 transactions as compared to session 914’s trading results which showed consideration of $3,718,273 from 22,456 shares traded in 21 transactions.
This is not the first occasion on which the Stabroek Business has made a pointed editorial comment on Guyana’s failure, up until now, to take any sort of initiative to speak of, to mark the United Nations-designated International Year of Fruits and Vegetables (IYFV).
Fears expressed during the early months of the COVID-19 pandemic that the Caribbean, among other regions, would have to endure a protracted period of significantly reduced remittances proved unfounded as officially recorded remittance flows to low and middle income countries reached US$540 billion in 2020, reflecting a less than anticipated 1.6 per cent decline against the 2019 figure of $548 billion, according to the World Bank’s most recent Migration and Development Brief.