Business

Up until news broke earlier this week that Dr. Hyginus ‘Gene’ Leon had tendered his resignation as President of the Caribbean Development Bank (CDB), there had been a lengthy period during which a paucity of information prevailed in the matter of the reason(s) why the St.

In a move which appeared to send a message to the administration of President Nicholas Maduro that Washington remains steadfast in the imposition of sanctions against Venezuela’s state-owned oil company, Petróleos de Venezuela SA (PDVSA), the United States has charged ten persons, one of them a Venezuelan military officer, of helping Caracas to circumvent the US sanctions.

As economic and social conditions in Haiti continue to undergo a cataclysmic decline in the face of the collapse of key governance structures, and the replacement of a legitimate political administration with forcibly installed criminal gangs, Haiti has once again reared its head as the Caribbean Community’s ‘tear-away’ delinquent, in the face of mounting evidence that the country’s dire circumstances are, for now at least, outside the ‘control’ of the rest of the Community.

Part One The Rupununi in Region Nine ‘experiences’ two cut and dried weather seasons, a wet season from April to August and a dry one from September to March.

As Guyana continues to build its bona fides as one of the world’s leading oil producers, the government is seeking to increase the numbers of skilled workers employed in the sector.

Even as Caribbean Community (CARICOM) member countries continue to seek ways to overcome what they have been pointedly told by various high profile international agencies is a regional food security crisis, the Food and Agriculture Organization of the United Nations (FAO) has committed to helping the region find a way of alleviate the crisis by pledging new loans to boost the capacity of its agriculture sector.

The Bulgarian economist, Kristalina Georgieva, has been re-elected by the Executive Board of the International Monetary Fund (IMF) to serve a second five-year term as its Managing Director.

Even as we continue to delude ourselves through palliatives which suggest that globally, the world is experiencing incremental improvements in the global condition in which people live, the World Bank is releasing its own research-based findings that challenge the ‘things-are-getting-better’ notion that other schools of thought may be promoting.

Notwithstanding what a recent World Bank report says has been “significant progress” in economic stabilization in Latin America and the Caribbean over recent decades, the Bank’s recent assessment of the region, contained in a report made public earlier in April, is by no means oozing confidence about the overall immediate future of the economies of the region.

By Brooke Glasford On the heels of my last article talking about wearable technology, there is much to be said about our ability to adopt new things to our lifestyle here in Guyana.

In the wake of the March 19 fatal shooting of a female security guard by a male colleague attached to the same security service, telephone exchanges with a more than twenty five (25) persons of all walks of life and residing primarily in Region Four are of the view that there may be need for stricter ‘gun controls’ and that such controls should extend to registered security services.

While there remains no shortage of delusionary minds that the notion of climate change is no more than a ruse to staunch the flow of wealth to the world’s petro addicts, the leaders of some of the world’s foremost international organizations, some of whom had long been sitting on a proverbial fence on the issue of what is now seen as a climate crisis, would appear to have shifted in their chairs.

Kitco Market Data Gold Prices for the three day period ending Thursday April 18, 2024

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1067’s trading results showed consideration of $35,605,782 from 104,845 shares traded in 23 transactions as compared to session 1066’s trading results, which showed consideration of $7,211,308 from 49,104 shares traded in 17 transactions.

As if the development agenda of the Caribbean is not already packed with a host of imposing and in some instances, immediate challenges, weather forecasters at Colorado’s State University (CSU)  are putting the region on notice that an “extremely active” 2024 Atlantic hurricane season is likely to cause countries in the region to have to ‘park’ some of the plans already listed on their development agendas to focus on what, in some instances, are likely to be significant life-threatening emergencies.

By failing, up until now, to provide the people of the Caribbean with an update on the state of readiness of the promised Food Security Terminal and some kind of reasonable timeframe by which it will begin to serve the region, those Caribbean Heads of Government that have been charged with responding to what we have been told is a food security crisis in the region and those ‘lesser’ functionaries responsible for the execution of this most important project have exposed themselves to being accused of doing the region a disservice.

With the incentive of an oil-driven Guyana economy now seemingly well set to add a greater measure of regional and international interest in this year’s July 10-12 Caribbean Investment Forum (CIF), which will be hosted by Guyana, the organizers of the event in Georgetown are beginning to send a less talk, more business signal which they hope could persuade visiting potential investors that Guyana is becoming the investment haven of the region.

The Stabroek News has already made it pellucid that one of the country’s most enduring food and beverage businesses that have afforded services to the people of Guyana and to visitors to the country, Banks DIH Ltd, have as a matter of both lawfulness and fairness, the right to occupy their various trading spaces without having to endure the physical encumbrances and other forms of hindrance and inconvenience that continues to obtain at the downtown Georgetown premises housing DEMICO House.