By Dr Compton Bourne
Professor Emeritus of Economics, The University of the West Indies and former President, Caribbean Development Bank
When oil and gas production fields in Guyana are fully operational, the fossil energy sector is likely to be the predominant source of national economic activity through its direct contribution to foreign exchange earnings, government fiscal revenues, employment and labour incomes, and local purchases of goods and services.
Last week I argued that since the transfer of government to the People’s Progressive Party/Civic (PPP/C) after the March 2020 elections, both it and A Partnership for National Unity+Alliance for Change (APNU+AFC) have been promising constitutional and electoral reforms to prevent a repeat of the allegedly criminal events associated with attempts to manipulate those elections.
By Paola Subacchi
LONDON – A global collapse in economic activity during the COVID-19 pandemic has significantly increased the risk of debt distress in many countries, pushing the poorest ones to the brink.
In the last few days, Pfizer BioNTech a German-US company, and the US company Moderna have separately announced that that the COVID-19 vaccines they have been developing have proved ninety-five per cent effective.
A record $100M was publicly spent by the People’s Progressive Party/Civic (PPP/C) and a rising New York-based group of diaspora allies, on lobbying critical American support in the lead up to the March 2, 2020 high-stakes elections and during the five-month democracy crisis that ensued.
Once crooks, now paragons of virtue
I’m hoping that many readers, besides my weekly “regulars”, will tarry long enough today to accompany me through these few paragraphs of national historical nostalgia.
By Shlomo Ben-Ami
TEL AVIV – In less than four years, outgoing US President Donald Trump has achieved what, historically, only devastating wars had done: recast the global order.
Since the elections debacle largely between the People’s Progressive Party/Civic (PPP/C) and A Partnership for National Unity/Alliance for Change (APNU+AFC) government came somewhat to an end with the transfer of authority to the former, the new regime has not stopped promising constitutional and electoral changes to prevent what it deems a blatant effort by APNU+AFC to steal the election.
By Laurence Tubiana
PARIS – In the space of just a week during this year’s United Nations General Assembly, representatives of the world’s largest single market and the world’s second-largest economy each laid their climate cards on the table.
In last week’s article, we began a discussion on the operations of the National Industrial and Commercial Investments Ltd (NICIL) in the light of the controversy over its involvement in the leasing and disposal of State lands under questionable circumstances.
Just weeks before the abrupt conclusion of Guyana’s prolonged election crisis, the People’s Progressive Party/Civic (PPP/C) quietly ended its contract with the American lobbying firm, Mercury Public Affairs having spent over $63M against its main rival’s $10M.