Guyana News

 The latest Guyana news from Stabroek News including oil and gas coverage, crime, politics, culture, business and more.

Car bombs kill 40 in Iraq, tensions simmer

KERBALA, Iraq, (Reuters) – Twin car bombs killed at  least 40 people and wounded 145 others yesterday in Iraq’s holy  city of Kerbala as hundreds of thousands of Shi’ite pilgrims  observed a major religious rite, health officials said.

Allen Stanford’s liquidators, receiver in talks

HOUSTON, (Reuters) – A dispute over control of $370  million in assets traced to accused Ponzi schemer Allen  Stanford is holding up disbursement of the funds, but the  liquidators and the receiver in the case are in talks to settle  the matter, liquidators for Stanford’s Antigua bank said yesterday.

Apologetic Toyota looking to outside quality input

NAGOYA/DETROIT, (Reuters) – Toyota Motor Corp’s  president apologized yesterday for safety problems and said the  automaker would bring in outside experts to review quality  controls, a highly unusual action for a company that has  epitomized world-beating industrial standards.

Arctic melt to cost up to $24 trln by 2050 -report

WASHINGTON, (Reuters) – Arctic ice melting could cost  global agriculture, real estate and insurance anywhere from  $2.4 trillion to $24 trillion by 2050 in damage from rising sea  levels, floods and heat waves, according to a report released  yesterday.

Sugar costs cut by $2B

-Persaud tells Parliament committee Agriculture Minister Robert Persaud has credited GuySuCo’s turnaround plan with significantly cutting costs last year to the tune of some $2 billion, including a sizeable chunk in management costs.

Miners take notice case to Port Kaituma

Should regulations such as six months’ notification before mining can commence be implemented, larger miners can survive but the small miners would not, veteran miner, Patrick Pereira warned prospectors at Port Kaituma yesterday.

Vishnu Samaroo

El Nino squeezes Essequibo rice farmers

–paying top dollar to pump fresh water Rice farmers along the Essequibo Coast are praying for a change in the current dry weather as a scarcity of fresh water in the rice producing areas has left several of them facing an uphill battle.

Woman in auto sales woes insists deal legitimate

The woman, who collected thousands of dollars from persons with the promise of delivering vehicles, yesterday said she has done nothing wrong and is operating a legitimate business which has now been tainted by a recent but unrelated court matter.

Volda Lawrence

Sattaur flayed for not representing GRA at public accounts hearing

-Lawrence sees attempt to ‘hoodwink’ on permits for immediate delivery Commissioner General of the Guyana Revenue Authority Khurshid Sattaur, came in for severe criticism from members of the Public Accounts Committee (PAC) of Parlia-ment after failing to represent the agency at a meeting of the PAC on Monday.

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