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Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver. It runs a website, Kitco.com, for gold news, commentary and market information
Kitco is a Canadian company that buys and sells precious metals such as gold, copper and silver. It runs a website, Kitco.com, for gold news, commentary and market information

Kitco Market Data

Changing times

One of the things that the emergence of the oil and gas sector appears to have done for Guyana is to trigger an upgraded interest in entrepreneurship of one kind or another.

Stock Market Updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 1026’s trading results showed consideration of $88,321,064 from 317,043 shares traded in 72 transactions as compared to session 1025’s trading results, which showed consideration of $41,206,264 from 82,784 shares traded in 36 transactions.

Venezuela’s PDVSA headquarters

Criminal gangs, official corruption digging deep into Venezuela’s oil sector

Recent reporting on the pace of recovery by Venezuela’s oil industry from the havoc wreaked on its exports (on account of the United States blockade) and on the country’s economy as a whole, strongly suggests that the Maduro administration now needs to look inward for solutions to the wave of internal challenges that are no less challenging, and which threaten to wreak further havoc on the country’s already beleaguered economy.

Cuban and Russian delegations across the negotiating table in Moscow earlier this month (ACN photo)

Moscow steps in to support hard-pressed Cuban economy

The Cuban revolution may now be more than fifty years old and the ideological ties that have bound the two countries across the decades may have become diluted in the face of the harsh global economic realities that have caused both countries to reset their relations to, increasingly, embrace the ‘hard edge’ of economic realities.

Fruitful discussions held on Caribbean/Canada relations

Delegations from Caribbean Community (CARICOM) member countries and Canada last week seized the opportunity afforded by their being in Washington, simultaneously, to participate in the General Assembly of the Organization of American States (OAS) to engage in discourse on matters relating to the Caribbean Community (CARICOM) and Canada.

As COP 28 draws nearer UN Secretary General throws down a gauntlet on fossil fuel

In what is being seen as an indication that the United Nations may be about to set aside its posture of diplomatic avoidance of what it regards as an ever worsening climate crisis, driven in part by unrelenting fossil fuel recovery and continued pushback by influential oil industry officials, United Nations’ Secretary General, Antonio Guterres, now appears to have ‘called time’ on the ‘softly, softly’ position with which the body has been taking on unchecked fossil fuel recovery.

Antiguan Prime Minister Gaston Browne

Antigua gets ‘high marks from IMF

In a region where, months ago, some countries had been diagnosed with various stages of food insecurity, a visiting team from the International Monetary Fund has concluded, following a visit to Antigua and Barbuda, that the islands’ economic future looks bright and that ““economic activity is on a solid recovery path after a sharp decline during the (COVID 19) pandemic.”

Stock Market Updates

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 1025’s trading results showed consideration of $41,206,264 from 82,784 shares traded in 36 transactions as compared to session 1024’s trading results, which showed consideration $27,753,789 from 144,444 shares traded in 36 transactions.

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