Business

The recent resurgence of Venezuela’s territorial claim against Guyana has reawakened tensions between the two countries and stirred the interest of both member countries of the Caribbean Community and sections of the wider international community.

The fact that two gold miners, Donavan Washington and Zaheer Mohammed Sherriff had their lives violently taken on Sunday, at Arimu Backdam in Region Seven, while they were transporting gold from one location to another, provides yet another poignant example that illustrates the dimensions of cold and ruthless criminal activity that continues to target sections of the business community in Guyana.

By Mario Lubetkin, FAO Assistant Director-General and FAO Regional Representative for Latin America and the Caribbean for Latin America and the Caribbean The regional commitment to fight hunger and malnutrition in Latin America and the Caribbean has made significant progress thanks to the update from the Food Security, Nutrition and Hunger Eradication Plan of the Community of Latin American and Caribbean States (CELAC) for the period 2024-2030, known as the CELAC FNS Plan.

A Reuters report earlier this week has alluded to what it described as “insufficient inventories” and “a lack of imported diluents” at Venezuela’s main oil port, Jose, which, it says, continues to place restraints on the ability of the country’s state-run oil company, PDVSA, to further accelerate exports to fulfill spot supply deals.

Jamaica’s tradition for producing a wide range of agricultural produce to meet the needs of local consumers as well as to ‘cash in’ on opportunities on the export markets, notably in the agro-processing sector has been, reportedly, coming under critical scrutiny on account of what a report in the February 28th issue of The Observer newspaper says has been “a decline in a number of traditional crops locally,” a circumstance which the report says “have seen stakeholders across the agricultural sector calling for improved policies geared towards rebuilding.”

What we know up to this time about the troubling circumstances that now obtain at the Caribbean Development Bank (CDB) is still very little, which is one of the reasons why the information which we have continues to be, unquestionably,  troubling.

By Brooke Glasford On the tale of personal branding and the incredible effect it had on my friend, James Marcus’ professional development as he prepares for a career in diplomacy, I have thought deeply and had great conversations stemming from my last article about the necessity of positioning yourself well.

Forcibly displaced people in Latin America and the Caribbean can contribute significantly to the economies where they live if they have the opportunity, according to two new studies undertaken by the World Bank (WB), the Organization for Economic Cooperation and Development (OECD), and the United Nations High Commission for Refugees (UNHCR).

Kitco Market Data Gold Prices Thursday March 7, 2024

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1061’s trading results showed consideration of $16,968,634 from 82,170 shares traded in 19 transactions as compared to session 1060’s trading results, which showed consideration of $33,720,920 from 209,516 shares traded in 23 transactions.

It has historically been the practice  for political administrations in Guyana and their high-profile functionaries to seize the advantage deriving from the generous measure of exposure afforded them mostly by the state-owned media to proffer undertakings which, from the standpoint of image enhancement usually satisfy their immediate objectives but which, all too frequently, do not, in the longer term, ‘hold up,’ so to speak. 

All of the physical infrastructure is still not yet in place to cause Guyana to become anointed as the favoured destination for high-profile gatherings of regional and international significance, though there is evidence that we are getting there; the process, in itself, gives rise to what, sometimes, can be unbearable inconveniences.

The Caribbean Development Bank (CDB) continued to play a critical role in providing timely financial support for various regional initiatives and challenges that required its intervention through disbursements totaling a record US$390 million last year, reflecting the importance of its interventions in a region which was confronted with no shortage of challenges in the year that has just ended, according to its recent end-of-year (2023) media release.

Five years after the Caribbean first began deliberating the adoption of what is known as a Front of Package Label (FOPL) aimed at sensitizing consumers to what has become “a growing endemic of non-communicable diseases” that can derive from being unmindful of the dangers associated with mostly food and beverage consumption, the Caribbean, including Guyana, still appears unprepared to address the issue frontally.

GSE (https://guyanastockexchangeinc.com/telephone Nº 223-6175/6) reports that session 1060’s trading results showed consideration of $33,720,920 from 209,516 shares traded in 23 transactions as compared to session 1059’s trading results, which showed consideration of $8,941,179 from 45,140 shares traded in 34 transactions.

(Trinidad Guardian) Grenada and Suriname have now also expressed interest in the planned regional cargo ferry, and it will require more than T&T’s Galleons Passage – or even two vessels – to cover six Caricom states so far. 

Now that Guyana has gotten the attention for reasons that have to do with matters that do not always, unerringly, target both our historical and our contemporary socio-political glitches, there is a case to be made for utilizing our now wide open window on the world, not just to expose the intrepid to the beauty of the country and to attract eagle-eyed investors here to ‘cash-in’ on the investment openings arising out of our petro state status but our condition must also play a role  in raising standards of living across the board.