Business

Gold Prices for the three day period ending Thursday June 11, 2020 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 892’s trading results showed consideration of $10,422,708 from 119,435 shares traded in 29 transactions as compared to session 891’s trading results which showed consideration of $4,475,338 from 28,700 shares traded in 16 transactions.

 President of the Caribbean Development Bank (CDB) Dr Warren Smith was not the only senior official in recent times to use a public forum to allude pointedly to the propensity in developing countries for funding provided by international lending agencies to disappear down dark, corruption-infested holes even as those awaiting the suffering-alleviation measures that these funds are intended to bring, sink deeper into destitution.

Editor OilPrice.com October 20, 2020 While the deeply impoverished South American country of Guyana is attracting the lion’s share of attention when it comes to oil, it is neighbouring Suriname where the next major petroleum discovery could occur.

Angola still ranks as the second largest oil producer in Africa, behind Nigeria.

By Brooke Glasford The COVID-19 pandemic brought with it a plethora of issues; much like an invitation to a friend who ends up bringing five others instead being the only one present as was intended.

On Friday, the music was blaring from one of those handcarts offering CD’s for sale.

One of the country’s leading rice millers and exporters of rice has told the Stabroek Business that it is indeed unacceptable that an amount of the magnitude alluded to in a recent official media release should be owing to local rice farmers for rice sold to Panama up to two years ago, and has asserted that it is the responsibility of the Guyana Rice Development Board (GRDB) to actively pursue the matter of settlement of the debt with the Panamanian authorities.

If it is still too early to tell what the portents are for full resumption of Venezuela’s oil exports following President Donald Trump’s electoral defeat in his bid for a second term in office, Caracas’ return to doing oil business with its key one-time top customers, the Chinese state companies China National Petroleum Corp (CNPC) and Petro-China, marks an undoubted silver lining in a dark cloud that had long settled over the country’s economy.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 891’s trading results showed consideration of $4,475,338 from 28,700 shares traded in 16 transactions as compared to session 890’s trading results which showed consideration of $15,688,843 from 56,226 shares traded in 18 transactions.

The disclosure earlier this week that quantities of Colgate toothpaste that expired eighteen years ago were still being sold on the local market and that this scandalous circumstance was only brought to the attention of the Government Analyst–Food and Drug Department (GA-FDD) through a consumer complaint, is a manifestation of just how ineffective our consumer protection mechanisms are, how completely disregarded the attendant laws have become and how low some ‘business houses’ can stoop in their quest to ‘turn a dollar.’

Gold Prices for the three day period ending Thursday December 03, 2020 Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver.

With both Guyana and Suriname having realized significant fortune-changing oil discoveries in recent years, two of South America’s poorest countries that have for decades been locked in a border dispute characterized by awkward confrontations could be positioning themselves to engage in a collaborative initiative that could set both countries on a path to comprehensive economic transformation.

Yesterday’s assertive refrain against “wanton incidents of domestic violence against women” by the Georgetown Chamber of Commerce and Industry is to be commended.

Guyana’s multiple major oil discoveries beginning in May 2015 may have set the country on the path to realising a level of wealth not before seen in the Caribbean, but a recent World Bank Review still regards the country as being “one of the poorest in South America.”

Only time will tell whether the recent visit to Suriname by President Irfaan Ali would have marked a definitive and – for both Guyana and Suriname – mutually beneficial turning point in bilateral relations between the two countries.