Business

The current fragmented approach taken by individual countries and organizations is insufficient, and a unified global effort is required to effectively tackle the issue.

The World Bank Group has sent a recent signal, directly targeting Brazil as it seeks to raise awareness of what it says is the “tipping point” that the Amazon rainforest is approaching, a circumstance which the Bank says points to drastic consequences for the country’s people in areas such as agriculture, urban water supply, flood mitigation, and hydropower, which it says can still be averted through the application of a development plan that better coordinates the needs of agriculture with preserving the forest.

As Guyana’s fast-growing oil and gas business profile continues to serve as a magnet for foreign investment, the country continues to be eyed by both the extra-regional business community as well as regional businesses as a priority place of interest for eagle-eyed potential investors.

The increasing intensity of the global climate change lobby is making no earth-shaking difference to universal oil demand as concerns over energy reliability trigger a strong surge of global interest in demand for fossil fuel-based energy according to a recent study undertaken by the world-renowned Norway-based energy research entity, Rystaad Energy.

In pursuit of the optimization of the ‘openings’ that continue to materialize for investment in the Caribbean, Caribbean Export is currently busying itself with plans to stage this year’s October 23-25 Caribbean Investment Forum (CIF) in the Bahamas.

GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 1021’s trading results showed consideration of $17,412,748 from 57,833 shares traded in 32 transactions as compared to session 1020’s trading results, which showed consideration $69,133,546 from 131,073 shares traded in 39 transactions.

Given what we were told just a matter of months ago was the perilous state in which some countries in the region found themselves, this newspaper has made the point regarding the need for there to be a periodic region-wide up-date on the pace of progress towards the operationalization of the Regional Food Terminal.

As Guyana’s significant untapped oil and gas resources appear increasingly likely to be the foundation on which the country’s socio-economic structure will be built, investors in other less well-appointed sectors of the country’s economy believe that the shifting of financial resources and a greater measure of official attention to those sectors ought to be accelerated as part of the country’s wider development plan.

Jamaica is reportedly urging its micro, small and medium enterprises (MSME’s) to take advantage of the opportunities being created to enable them to tap into openings which the state-run entity has created for them, thus broadening their access to external markets by taking advantage of prospects that are presenting themselves under various preferential trade agreements to which Jamaica is a party.

Local and regional anticipation ahead of neighbouring Suriname’s long-anticipated major oil recovery breakthrough is likely to heighten significantly against the backdrop of the country’s June 19-22 four-day Suriname Energy Oil & Gas Summit (SEOGS).

Across the various sectors of the country’s economy there are skills that appear to have been set aside as other seemingly more lucrative options arise, that trend accelerating even as the advent of the country’s oil and gas industry, with  all that it has to offer, seemingly accelerating that trend.

Seeking earnestly to seize the fashion moment that is beginning to evolve out of the socio-economic transformation that is rapidly unfolding in Guyana, Junette Stuart is preoccupied with ensuring that her creations leave a meaningful mark on Guyana’s broader fashion tapestry.

The recent announcement that over a period of less than a year Caribbean Community (CARICOM) member countries had realized 57% of its declared target of reducing their extra regional food imports by 25% by 2025 would have come as a surprise, perhaps even a profound shock, to the people of the region.

Gold-producing countries’ signing on to the Minamata Convention on Mercury, a global treaty aimed at protecting human health and the environment from the adverse effects of mercury, particularly though not exclusively in its use in gold-recovery in the gold-mining industry, may, in some circumstances, be less than effective in pursuit of its objective, according to a recent report published in the US-based science publication, Science Daily.

By Brooke Glasford Guyana’s Genesis Independence Weekend is a vibrant celebration of cultural diversity, artistic talent, and national pride.

It appears that there is no end to the protracted encounters between Trinidad and Tobago’s Ministry of Trade and Industry (MTI) and the twin-island Republic’s assertive Trinidad and Tobago Scrap Iron Dealers Association (TTSIDA), the most recent engagement between the two centering on what appears likely to be significant changes to the operational behaviour of the scrap industry itself.