Category Archives: Business

Drug purchases…New GPC invoices contradict Govt’s defence

Billion-dollar drug purchases…New GPC invoices contradict Govt’s defence

JULY 27, 2014 | BY
Dr. Ranjisinghi ‘Bobby’ Ramroop’s

Dr. Ranjisinghi ‘Bobby’ Ramroop

Invoices supplied to a New York court by the Dr. Ranjisinghi ‘Bobby’ Ramroop’s New Guyana Pharmaceutical Corporation (New GPC) have clearly contradicted the Guyana government’s defence of drug purchases from his company.

Yesterday Head of State, Donald Ramotar, echoed the sentiments of Minister of Health, Bheri Ramsaran. They both tried to defend the purchases from New GPC, which has been supplying Government with drugs to the tune of billions of dollars for 15 years – since 1999 to be exact.Members of Parliament and other pharmaceutical suppliers had raised concerns about the seeming exorbitant prices that the government was paying to the New GPC for drugs.
Reports on the comments by the critics led to the pharmaceutical company taking legal action in the courts of New York, and in Guyana, against Kaieteur News.

Continue reading

NYC: Mayor Bill de Blasio – How’s He Doing After Six Months?

How’s He Doin’? Bill de Blasio After Six Months

Saturday, 26 July 2014 –  By Danny Katch, Truthout | News Analysis

2014 726 bill fwNew York City Mayor Bill de Blasio in the crowd at an address on the city’s future, at the Cooper Union in NYC, April 10, 2014. (Photo: Chang W. Lee / The NY Times)

When Bill de Blasio was elected mayor of New York City last November, speculation began about whether his victory would lead to a resurgence of genuine liberalism within the Democratic Party or whether de Blasio would be unable – and perhaps unwilling – to make a sharp break with the business-first policies of his billionaire predecessor Michael Bloomberg.

Call it the Obama question. In 2008, Barack Obama was entrusted with the dreams of a generation. Six years of bank bailouts and drone bombings later, the sound of those dreams shattering on the pavement still echoes wherever a politician attempts to renew hopes about peace and equality.   Continue reading

The coming of the DEA to Guyana – commentary

The coming of the DEA

JULY 24, 2014 | BY KNEWS |  EDITORIAL 

The long awaited official United States Drug Enforcement Administration presence within these borders is a welcome departure from the intransigent posture and insipid rhetoric from officialdom to which we have become accustomed.

It is a truism that crime knows no geographic boundaries and the ease with which transnational criminal enterprises flourish in the realms of drug trafficking and money laundering bears that fact out.  The increasingly international scope of this type of criminal activity has proven complex in the face of law enforcement efforts to interdict the illicit proceeds of these crimes.

However, the uninformed among us would want to know what capacities and capabilities have been developed in consideration of the aspects of money laundering, and whether these are aggressively being investigated in a scenario where confidential information-sharing is problematic.  Continue reading

World Control -Thinking outside of the box- by Joan

World Control -Thinking outside of the box-  by Joan.

Joan is one of our readers.  She sent this e-mail to Guyanese Online.

There is an over abundance of Muslim Hate E-mails going around these days. There are a lot of pictures and videos and talk about them over-running the countries in Europe.

I cannot see anyone taking over any WHITE country.

Why did those Governments take them into the country in the first place?

All they have to do is isolate them with bad schools, put them in jail, and when they come out there will be no jobs. Then give them dope to sell and guns to kill each other.  This way they do not have to kill them.

That has been very successful in some inner cities in some countries we know about. Continue reading

New York: Mayor de Blasio Signs Plan For Municipal ID Card Into Law

NEW YORK MAYOR BILL DE BLASIO SIGNS BILL INTO LAW FOR NYC MUNICIPAL ID CARDS

Mayor de Blasio Signs Plan For Municipal ID Card Into Law

CBS New York News report – July 10, 2014

Blasio on Thursday July 10, 2014, signed into law a plan to offer a municipal identification card to residents regardless of their immigration status.

The card, dubbed the New York City Identity Card, will be available to anyone who can prove their identity and residency in the city. It is particularly aimed at groups that are currently unable to show a form of government identification required to do things such as cashing a check, signing a lease or even entering office buildings for job interviews or public schools for parent-teacher conferences.  Continue reading

Guyana’s Sugar Industry: GUYSUCO deep in debt – video

GUYSUCO deep in debt – video by Capitol News

No turnaround for sugar industry…GuySuCo produces sugar at double world market price

- owes over US$170M in debts  

- employees’ contributions not paid, benefits in jeopardy

Agriculture Minister, Dr. Leslie Ramsammy, and GuySuCo top executives yesterday.

Agriculture Minister, Dr. Leslie Ramsammy, and GuySuCo top executives.

JULY 18, 2014 | BY  |  As concerns continue to grow over the viability of the country’s sugar industry, Government yesterday said that it is seriously considering other alternatives, including going the route of producing ethanol.

But Dr Ramsammy’s comments seemed to echo those made by Anthony Vieira, a former sugar producer, in a letter published in the Kaieteur News. (see letter here) Continue reading

CIMBUX: 1st Economic Development Seminar – June 29, 2014

CIMBUX Inc. 1ST ECONOMIC DEVELOPMENT SEMINAR

 BUXTON/ FRIENDSHIP ON SUNDAY, JUNE 29th 2014.

Attendees at CIMBUX Economic Development Meeting

Attendees at CIMBUX Economic Development Seminar

On Sunday June 29th, 2014 Cimbux Inc. {Committee for the Improvement of Buxton Inc.) held its 1st “Economic Development Conference” at the Friendship Primary School, Friendship Village, East Coast Demerara, Guyana. The theme was “Reviving Buxton/ Friendship Village Economy” and fostering sustainable development for Vigilance, Annandale, and the surrounding villages.

The seminar was sponsored based on the decline in the Social and Economic conditions in the villages over the years. It was coordinated by Mr. Keith Easton- Vice President, of Cimbux Inc. of the U.S.A, and Guyana’s, Mr. Deon Abrams, Educator, Community Activist, and TV host, along with Assistant Co-ordinator, Ms. Yvette Herod, Community Activist and Founder of Toucan 11 Multipurpose club in Buxton. Both persons are honorees of Cimbux Inc. Continue reading

BRICS countries establish alternate funds to rival the IMF

Emerging BRICS powerhouse agrees to establish US$50B bank, US$100B crisis fund

JULY 17, 2014 | BY  |  Fortaleza, Brazil – The BRICS group of emerging powers met on Wednesday with South American presidents as they justified the creation of a development bank, seen as an alternative to Western-dominated global financial organizations.

The leaders of Brazil, Russia, India, China and South Africa (BRICS) held closed-door talks in Brasilia with counterparts from Argentina, Chile, Colombia, Ecuador, Venezuela and other Latin American nations.

President Donald Ramotar (3rd back) with leaders who attended the meetings in Brazil.

President Donald Ramotar (3rd back) with leaders who attended the meetings in Brazil.

Continue reading

GEO-NYC – Dynamic Airways grounded until August 8

Dynamic Airways has been grounded less than a month after the North Carolina-based charter service began its operations to the Republic of Guyana in partnership with Roraima Airways.

Gerry Gouveia, chief executive officer of Roraima Airways in a statement to the press said, “due to operational difficulties with securing time slots at JFK Airport for the month of July, the carrier is temporarily suspending its service to Georgetown until Aug. 8 of this year.  Continue reading

Ten Things That Will Disappear In Our Lifetime

Many things have already disappeared in our lifetime… here are others:

Ten Things That Will Disappear In Our Lifetime

This article is  USA oriented, but Canada & the rest will not be  far behind.   Whether these changes are good or bad depends in part on how we adapt to them.  But, ready or not, here they come.

1. The Post Office
Get ready to imagine a world without the post office. They are so deeply in financial trouble that there is probably no way to sustain it long term. Email, Fed Ex, and UPS have just about wiped out the minimum revenue needed to keep the post office alive. Most of your mail every day is junk mail and bills.

2. The Check 
Britain is already laying the groundwork to do away with check by 2018.  It costs the financial system billions of dollars a year to process checks.  Plastic cards and online transactions will lead to the eventual demise of the check.  This plays right into the death of the post office.  If you never paid your bills by mail and never received them by mail, the post office would absolutely go out of business.   Continue reading

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