Guyana News

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

Jamaican who came to wed fined for overstaying

Acting Chief Magistrate Melissa Robertson ordered that a Jamaican who appeared before her at the Georgetown Magistrate’s Court yesterday, pay a fine of $40,000 and that he return to his homeland as soon as possible.

Successful US-funded programme paves way to garner more revenue

-USAID Mission Director The successful completion of the US-funded two-year Guyana Threshold Country Plan/Implementation Project (GTCP/IP), has placed the government in a better position to raise more revenue and to implement more strategic and efficient economic plans, Mission Director of USAID Carol Horning says.

Venezuela’s Chavez devalues currency

CARACAS, (Reuters) – President Hugo Chavez devalued  Venezuela’s bolivar currency yesterday, attempting to  resuscitate local production but running the risk of worsening  inflation in the South American oil-exporter’s flagging  economy.

Kidnap accused charged with failing to give info in Dookie case

One of the three men, who had been charged with the kidnapping of the daughter of Pike Street businessman Beharry ‘Natoo’ Dookie last year, yesterday reappeared in the Georgetown Magistrate’s Court charged with failing to give information to the police in relation to the matter.

Reuters World News Highlights

NEW YORK – Federal authorities yesterday arrested two men  linked to a suspected al Qaeda-inspired bomb plot after one of  them led the FBI on a high-speed chase during which he invoked  the name of Allah in a 911 call, a law-enforcement source said.

Breaking News: Man killed outside Red Dragon

Vibert Weeks, 28, of North East La Penitence, Georgetown was pronounced dead on arrival at a private hospital this morning after being riddled with bullets by a gunman outside of the Red Dragon on Robb Street.

Lumumba mining deal raises queries

A proposed gold exploration deal involving presidential advisor Odinga Lumumba has raised eyebrows in the mining sector over the manner of the sale of a property and intended sale of exploration data for US$250,000 ($51.2m).

Manufacturers call for urgent CLICO solution

-say vulnerable groups suffering The Guyana Manufacturing and Services Association (GMSA) says it is concerned about the length of time being taken to determine the status of the local CLICO entity while its most vulnerable dependants are suffering.

Clifford Reis

Citizens Bank made $390m profit in 2009, down $10.7%

-$170m provision had to be made for impaired Stanford, CLICO investments Despite its net income being higher in 2009, Citizens Bank Guyana Inc saw its profit fall to $390m from 437m in 2008 because of a $170m provision for impaired investments with the collapsed Stanford and CLICO groups.

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