News

NEW YORK, (Reuters) – The United States is not opposed to foreign banks doing business with Iran in line with the terms of last year’s historic nuclear deal between Tehran and world powers, U.S.

President David Granger has said that the actions of Minister of State Joseph Harmon do not in any way constitute a breach of the proposed code of conduct for ministers.

HAVANA,  (Reuters) – Cuba said yesterday it would lift a ban on Cuban-born citizens entering and leaving the Caribbean island by commercial vessels, opening the way for U.S.

UNITED NATIONS,  (Reuters) – China and the United States, the world’s top producers of greenhouse gas emissions, pledged yesterday to formally adopt by the end of the year a Paris deal to slow global warming, raising the prospects of it being enforced much faster than anticipated.

PUERTO CABELLO, Venezuela/LONDON,  (Reuters) – Venezuelan state agencies have run up close to $1 billion in debts with shipping firms due to delays in returning containers, potentially boosting the cost of importing staple goods as the country struggles with product shortages and an economic crisis.

PANAMA CITY,  (Reuters) – Panamanian investigators yesterday raided a property used by Mossack Fonseca, the law firm at the center of a massive leak of offshore financial data, removing bags full of shredded documents as evidence, a local prosecutor said.

MELBOURNE, Australia, CMC – Cricket Australia has no plans to banish West Indies batting superstar Chris Gayle form the Big Bash League over last season’s ‘don’t blush baby’ controversy.

Following a tax deal struck between the Guyana Revenue Authority (GRA) and Demerara Distillers Limited, the Private Sector Commission (PSC) today called on the GRA to apply the same formula in dealing with other aggrieved companies.

Guyana is set to benefit from £ 53.2 million (around $16b) in grant resources from the United Kingdom under its newly established United Kingdom Caribbean Infrastructure Fund (UKCIF), a release from the Ministry of Finance said today.

The rice exporters and millers group has called for the scrapping of a controversial deal between the GRDB and two Jamaican companies, saying that  it will put the industry here in a worse financial state.

HAVANA,  (Reuters) – Cuba said today it would lift a ban on Cubans and Cuban-Americans entering and leaving the Caribbean island by commercial vessels, opening the way for cruise operator Carnival Corp to set sail for the country next week.

Local port operator Muneshwers Limited is developing a modern port facility at Houston, East Bank Demerara in a multi-billion dollar investment as the company aims to capitalise on Guyana’s developing oil and gas industry.

Former President Donald Ramotar yesterday denied a claim by government that US$5M owed by a Chinese company as an outstanding payment for shares in GTT had been paid over to his administration prior to the May 11, 2015 general elections.

Two companies have signalled their intention to   file proceedings in the Caribbean Court of Justice (CCJ) seeking a refund of the now repealed environmental tax that was paid here over a seven-year period.

After being handed the reins for the troubled D’urban Park Development Project, the Ministry of Public Infrastructure is aiming to complete works for the first phase over the next three weeks.

Eight months after the APNU+AFC government created a ruckus over the discovery that a group close to the PPP/C had a 99-year lease on historic Red House at a peppercorn rate, the situation remains the same.

The Police yesterday said that the reputed husband of Simone Hackett has admitted murdering her on Saturday.

The Linden Television Station has started broadcast tests and is set to begin transmitting on Channel 13 in that region soon.

The Central Housing and Planning Authority (CH&PA) will spend over $100M on corrective works to core homes built by contractors under the People’s Progressive Party/Civic (PPP/C) Administration, according to Board Chairman Hamilton Green.

Recent rainfall and inadequate drainage have left some vendors selling along the Merriman Mall, between Orange Walk and Cummings Streets, waterlogged.