Category Archives: Business

Indians stashing ‘black money,’ beware. High court wants your name

Indians stashing ‘black money,’ beware. High court wants your names

Supreme Court in Delhi tells lawmakers that a list of secret foreign bank account holders that may be hiding illegal funds must be handed over

india

The Government of India submitted the list of all black money account holders to the Supreme Court on Wednesday as directed. Attorney General of India Mukul Rohatgi said that the government has submitted a list of around 627 names who have their accounts in HSBC bank. He added that all assessments have to be completed by 31st March 2015. The sealed covers will be opened by SIT which will proceed according to law after opening the seals.

Christian Science Monitor By Syed Nazakat – October 28, 2014 7:45 PM
The Government of India submitted the list of all black money account holders to the Supreme Court on Wednesday as directed. Attorney General of India Mukul Rohatgi said that the government has submitted a list of around 627 names who have their accounts in HSBC bank. He added that all assessments have to be completed by 31st March 2015. The sealed covers will be opened by SIT which will proceed according to law after opening the seals.

Wikileaks founder Julian Assange once said that Indians have more black money stashed in tax havens than any other nationality.  Continue reading

NASCAR champion Kurt Busch joins ROC 2014 field in Barbados

NASCAR champion Kurt Busch joins ROC 2014 field in Barbados
Published on October 25, 2014 – Caribbean News Now

kurt_busch.jpg

NASCAR champion Kurt Busch

BUSHY PARK, Barbados — American NASCAR superstar Kurt Busch has happily accepted the invitation to participate in the 2014 Race Of Champions, to be held at the Bushy Park Circuit in Barbados on December 13-14.

Busch has been a major force in America’s most popular racing series ever since he became the NASCAR Sprint Cup Series Champion in 2004, the first year the 10-race Chase for the title was introduced. He has now amassed 25 top flight wins, including victory at this year’s STP 500 at the Martinsville Speedway in Virginia.   Continue reading

Ganja And The Caribbean Tourism Industry – By David Jessop

Ganja And The Caribbean Tourism Industry

Ganga article pix

Thousands turn out annually for The Seattle Hemp fest, in Washington state. (edipure.com image)

By David Jessop

News Americas, LONDON, England, Fri. Oct. 17, 2014: A debate is just beginning that is unlikely to reach a conclusion anytime soon. It relates to ganja and tourism and follows from the decision by Jamaica, and in time possibly others in the Caribbean, to decriminalise the holding of small quantities of marijuana and its use for medicinal and religious purposes.

The measure, which in Jamaica is domestic in its intent, responds to long standing pressure for change but may well , for a variety of reasons, come to be a form of tourism attraction.

In the US, where the states of Colorado and Washington have legalised the narcotic, reports in the local and national media suggest that this is resulting in a surge in visitor arrivals and an upturn in tax revenues. Although it is clear that events like ‘Hempfest’ in Seattle attract around 30,000 participants to sample product competing for an annual cannabis cup, officials argue that inter-state marijuana tourism remains a myth.  Continue reading

Brazil’s presidential election -Why Brazil needs change

Brazil’s presidential election -Why Brazil needs change – updated

Voters should ditch Dilma Rousseff and elect Aécio Neves

Oct 18th 2014 | The Economist

IN 2010, when Brazilians elected Dilma Rousseff as president, their country seemed at last to be living up to its huge potential. The economy expanded by 7.5% that year, setting the seal on eight years of faster growth and a steep fall in poverty under Luiz Inácio Lula da Silva, Ms Rousseff’s political mentor and the leader of the centre-left Workers’ Party (PT). But four years later that promise has disappeared. Under Ms Rousseff the economy has stalled and social progress has slowed. Sanctions-hit Russia aside, Brazil is by far the weakest performer in the BRIC club of big emerging economies. In June 2013 over a million Brazilians took to the streets to protest against poor public services and political corruption.

Ever since the protests the polls have shown that two-thirds of respondents want the next president to be different. So one might have expected them to turf out Ms Rousseff in the first round of the country’s presidential election on October 5th. In the event she secured 41.6% of the vote and remains the narrow favourite to win the run-off ballot on October 26th. Continue reading

Five-star gated community being built at Providence

Gated community for Providence EBD

Click to enlarge

Five-star gated community being built at Providence

October 6, 2014 By GuyanaTimes

A state-of-the-art five-star gated community is expected to be completed in three years’ time behind the Guyana National Stadium, Providence, East Bank Demerara.

The community called New Life Community is owned by a Chinese investor.    Continue reading

Update from Moray House Trust: October 2014 – for Guyanese Online

 Update from Moray House Trust: October 2014

In mid-September Moray House Trust was delighted to host the first in a series of slideshows by local photographers. Two photographers, Fidal Bassier and Nikhil Ramkarran, participated in this first presentation.

Fidal Bassier

Fidal Bassier

Fidal’s presentation was called ‘Art in Weddings’. Fidal is primarily a wedding and events photographer who sharpens his skills and eye by dabbling in all types of photography when he isn’t working on a paying job.

Fidal’s wedding photography is premised on the idea that mere documentary recording of events does a disservice to the occasion and the couple’s memories. Fidal brings an unusual perspective by capturing the feeling and essence of the wedding, from the small but meaningful details to the personalities of the couple and their guests. Continue reading

IATA partner deems Fly Jamaica fastest growing airline in local market

IATA partner deems Fly Jamaica fastest growing airline in local market

OCTOBER 17, 2014 | BY
Fly jamaica

Fly Jamaica

Capacity within the Guyanese aviation sector is said to have grown by 12 percent in 2014, while Jamaica-based airline, Fly Jamaica, is said to be the fastest growing airline on the local scene.
According to an examination by Innovata; a partner of International Air Transport Association (IATA) involved in travel related content management and content distribution, Guyana has been featured as having a capacity of around 460,000 one-way seats offered on services involving Guyanese airports this year. This, it was reported, represents “a double-digit increase of 12 percent over the previous year.”

Both the Cheddi Jagan International Airport and Ogle International was said to have registered capacity increases when compared to 2013 figures. Ogle doubled its annual capacity, while Cheddi Jagan posted a 9.6 percent growth.

The rapid expansion, the international site indicated, results from LIAT’s decision to move all of its Cheddi Jagan operations to the Ogle airport.

Read more: http://www.kaieteurnewsonline.com/2014/10/17/iata-partner-deems-fly-jamaica-fastest-growing-airline-in-local-market/

 

Guyana: Capitol TV News – 13 October 2014

  • Glenn Lall, wife plead not guilty to tax evasion
  • Health workers being trained in Ebola surveillance
  • Asian company, IAST announce US$30M projects
  • Journalists receiving training
  • Whittaker says acting Plaisance NDC overseer not experienced, qualified to stay on
  • Education Ministry to pay for funeral of boy struck down by official
  • Audio released of meeting with health Officials, mother of Jaden Mars
  • Sports
Glenn Lall, wife plead not guilty to tax evasion   Posted: 13 Oct 2014 02:09 PM PDT

Glen Lall and his wife Bhena walked out of the court room to be greeted by his staff, supporters and friends. The publisher of Kaieteur News, Glenn Lall and his wife Bhena Lall, who operates Bhena’s Footwear, appeared before Chief Magistrate Priya Sewnarine-Beharry in the Georgetown Magistrate Court to answer charges of fraud and aiding […]    Continue reading

One Muslim state’s peaceful power transfer – commentary

One Muslim state’s peaceful power transfer

By the Monitor’s Editorial Board October 14, 2014 – [source]

  • Indonesian President-elect Joko Widodo, center, speaks with Facebook CEO Mark Zuckerberg, right, during their visit to a market in Jakarta, Indonesia, Oct 13. The two discussed ways to use the online social network for national development.

With four Muslim countries now splintered in armed conflict (Libya, Syria, Iraq, and Yemen), the world can be grateful that the largest Muslim country will achieve a peaceful milestone Oct. 20. For the first time in its history, Indonesia will see a transfer of power from one popularly elected president to another: A humble former furniture maker, Joko Widodo, will take over from a former Army general, Susilo Bambang Yudhoyono.  Continue reading

The Ebola Crisis and the Caribbean – by David Jessop + related articles

The Ebola Crisis and the Caribbean – by David Jessop

Published on Oct 13 2014 //

Ebola sign

click to enlarge

Picture: This educational notice in West Africa is the government’s attempt to educate the masses on the Ebola threat. (CDC image)

By David Jessop

News Americas, LONDON, England, Tues. Oct. 14, 2014: The first thing to be said about the Ebola crisis is that the region should be very proud that among the first to fully understand the seriousness of the threat and respond has been a Caribbean nation: Cuba.

It, almost alone in the world, recognized early, the extent of the potential crisis we all face if the epidemic is left unchecked.   Continue reading

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