Business

There is a growing consensus that the “economics profession must be open to new ideas and frameworks if it hopes to solve the world’s biggest problems” – Gita Bhatt.

With the Caribbean as a whole, still plagued by both short and long-term problems which, in the instances of several countries, continue to seriously retard their socio-economic development, the Caribbean Development Bank (CDB) has tagged as one of its highest current priorities the replenishment of its Special Development Fund (SDF) to allow for continuity to enable the alleviation of some of the region’s more acute socio-economic challenges. 

As sure as we are that the moon runs on a cycle, fashion runs on a cycle as well.

Kitco Market Data Gold Prices for Thursday March 21, 2024 Kitco is a canadian company that buys and sells precious metals such as gold, copper and silver.

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1063’s trading results showed consideration of $10,764,446 from 43,822 shares traded in 40 transactions as compared to session 1062’s trading results, which showed consideration of $7,033,448 from 30,947 shares traded in 19 transactions.

Back in February, 2022, an ‘Agency News’ release (February 21, 2022) that spoke for the Ministry of Agriculture gave an undertaking that “farmers, agro processors and exporters would have been linked to the most lucrative markets locally, regionally and internationally.”

If, at the conclusion of the recent blitz of regional and international gatherings held recently in Guyana that embraced the Republic itself alongside CARICOM hemispheric Heads of Government, high-profile diplomats from across the world and high profile businessmen keen to secure a ‘look-in’ in Guyana’s investment prospects, one such visitor who can lay claim to having had to carry the weightiest official ‘burden’ would be the Ghanaian Foreign Minister, Shirley Ayorkor Botchwey.

With the assertive resurgence of Venezuela’s territorial claim having attracted considerable hemispheric and regional media attention in recent weeks, Guyana’s remaining immediate neighbours, Brazil and Suriname, would appear to have opted for a course of action which a recent Reuters report says seeks to “deepen discussions on cooperation in the oil and gas sector.”

In the fullness of time the significance of Thursday’s February 29 Trilateral Meeting that brought together Guyana’s President, Irfaan Ali, Brazil’s President, Luiz Inácio ‘Lula’ da Silva, and Suriname’s President, Chandrikapersad Santokhi, will become a good deal clearer in terms of its particular significance to the three countries, both collectively and in terms of their respective objectives, though its timing would appear to suggest that the three neighbouring countries may now be ready to ramp up relations among themselves in areas of common economic interests.

As the Caribbean continues to draw increasing attention to the positive transformations in its overall development profile, driven in large measure by Guyana’s exciting petro prospects and a wider unfolding regional effort to further burnish its image as one of the world’s most tourism-friendly places, the region continues to attract nods of approval from some of the world’s more high-profile development agencies.

A February 29 article published in the Forbes Daily and written by Barbadian journalist, Daphne Ewing-Chow, says that the Caribbean’s food systems are among the most vulnerable globally, attributing the condition to the ongoing hostile climate change conditions.

Readers will recall that the Stabroek Business’ sustained appeal for disclosure on Guyana’s intended participation in the 2024 Barbados Agro Fest fell on deaf ears for a protracted period and that the first official public disclosure appeared in the print media on February 22nd, the day prior to the actual start of the event.

There can now be little doubt that, insofar as the favoured regional venue for the hosting of events that have to do with the development of the Caribbean is concerned, Guyana has become the unquestioned focus of regional attention.

Further indications that the Caribbean is set to significantly strengthen its relations with Africa emerged recently with the announcement that Trinidad and Tobago had dispatched a ‘delegation’ comprising twenty-one private and public sector companies to Ghana on a trade mission.

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1062’s trading results showed consideration of $7,033,448 from 30,947 shares traded in 19 transactions as compared to session 1061’s trading results, which showed consideration of 16,968,634 from 82,170 shares traded in 19 transactions.