Category Archives: Economics/Finance

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

DIASPORA – editorial in Stabroek News

DIASPORA –  editorial in Stabroek News

Guyana: President Ramotar

President Ramotar

Last week GINA, the Government’s information service, reported that President Donald Ramotar had met Guyanese in Washington and Queens, New York, in the course of his visit to the United Nations, and that he had asked them to return home and invest in the country’s economy. One wonders if he was serious when he put that question to his compatriots in the diaspora, or whether he was just going through the motions.

If he was serious, then he is truly divorced from reality; we have been waiting twenty-two years for this flood of returnees to swamp us with their US dollars, their overseas skills and their drive to nurture their homeland, and no one, even President Ramotar one would think, anticipates that they will do so in the immediate future.

Continue reading

Small-Scale Traditional Farming Is the Only Way to Avoid Food Crisis, UN Researcher Says

Small-Scale Traditional Farming Is the Only Way to Avoid Food Crisis, UN Researcher Says

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United Nations Special Rapporteur on the Right to Food, Hilal Elver, advocates for agroecology (traditional farming). Is this a new initiative?

New scientific research increasingly shows how “agroecology” offers environmentally sustainable methods that can meet the rapidly growing demand for food.  

Modern industrial agricultural methods can no longer feed the world, due to the impacts of overlapping environmental and ecological crises linked to land, water, and resource availability.  Continue reading

The European Debt Crisis Visualized – video

The European Debt Crisis Visualized

Published on Feb 11, 2014

Feb. 12 (Bloomberg) — At the heart of the European debt crisis is the euro, the currency that tied together 18 countries in an intimate manner. So when one country teeters on the brink of financial collapse, the entire continent is at risk. How did such a flawed system come to be? Bloomberg Television and Jonathan Jarvis present “The European Debt Crisis Visualized.” (Source: Bloomberg)

Guyana to earn US$960 million from 17-year Aurora gold mine

Guyana to earn US$960 million from 17-year Aurora gold mine

Wednesday, 01 October 2014 – Written by  Demerara Waves

Pres. and CEO of Guyana Goldfields, Scott Caldwell.

Pres. and CEO of Guyana Goldfields, Scott Caldwell.

Guyana is expected to earn US$960 million in royalty and other taxes from the Aurora goldmine owned by the Canadian company during the first 17 years, Guyana Goldfields Inc; according to a senior company official.

Speaking at the re-launch of the Guyana Mining Toolkit, the President and Chief Executive Officer of Guyana Goldfields, Scott Caldwell said the mine is expected to produce US$150,000 ounces of gold per year beginning late 2015.    Continue reading

Capitol News – TV Video Reports – 30 September 2014

Capitol News – TV Video Reports – 30 September 2014

  • Trotman vows to stay in Speaker’s chair
  • Alesie Rice worries about licence after fallout with Ramsammy
  • Women’s right group frustrated by Minister Webster
  • Auditor General says public funds continues to be misused
  • APNU continues protest for Local Gov’t polls
  • Students scammed by bogus nursing school wants money back
  • GPL cuts power to University’s IT Lab
  • Sports
Trotman vows to stay in Speaker’s chair    Posted: 30 Sep 2014 02:09 PM PDT
Alesie Rice company worries about licence after fallout with Ramsammy    Posted: 30 Sep 2014 02:08 PM PDT   Continue reading

AFC gives “real reason” Govt. scrapped Surendra contract for Specialty Hospital

AFC gives “real reason” Govt. scrapped Surendra contract

SEPTEMBER 19, 2014 | BY |  - says it can help recover US$4M advance

By Abena Rockcliffe
Leader of the Alliance For Change (AFC), Khemraj Ramjattan entered revelation mode yesterday as his Party hosted its weekly Press Conference at the Georgetown Club. Among the disclosures made by the political leader was “the real reason” behind the government’s move to scrap Surendra Engineering’s contract to construct the Specialty Hospital.

Ramjattan told the media that the AFC’s investigation into the matter, the publicized findings thereafter, as well as the Party’s public stance that Surendra’s contract should have been taken away a long time ago, have been justified.
He said that the AFC’s stance was premised on the fact that Surendra Engineering knows nothing about Specialty Hospitals. “We knew that it was a fraud being committed, whereby almost US$19M was going down the drain.”Fortunately, Ramjattan said, it “appears” to be just US$4.5M that went down. Continue reading

Brazil: Five Centuries of Change – by Thomas E. Skidmore.

Brazil: Five Centuries of Change by Thomas E. Skidmore.

BrazilIn the late 1400s, tiny Portugal with its mere one million inhabitants led the world in navigation, in part due the superior sailing skills its merchants developed on the rough seas of the Atlantic as opposed to the calmer waters of the Mediterranean. Though later bested in navigation by Holland (1.5 million inhabitants), England (3 million inhabitants), and Spain (7 million inhabitants), it claimed the prize of Brazil when one of its explorers sailed off course after setting off for Africa’s Cape of Good Hope. (Portugal had already turned down a request to finance the expedition of Christopher Columbus, who then took his request to Ferdinand and Isabella of Spain):  Continue reading

Experts Warn of ‘Inevitable’ Fukushima Disaster in California – commentary

Experts Warn of ‘Inevitable’ Fukushima Disaster in California 

ANTHONY GUCCIARDI
NATURAL SOCIETY / Nation of Change – Wednesday 3 September 2014
 
A ‘new Fukushima’ nuclear power plant is located in California right on nearby faults that have actually been found to be more dangerous than previously thought. There is no telling how much of a lethal blow would be dealt to humanity if this nuclear plant follows in Fukushima’s nuclear plants’ footsteps.

FukushimaSince the catastrophic meltdown of the Fukushima nuclear power plant in March of 2011 irreparably altered the state of the planet for the known future, the incident has been shrouded in nothing but bureaucratic cover ups and government-backed disinformation. Now, within our own borders, top experts turned whistleblowers are warning of a nuclear nightmare that could surpass Fukushima and Chernobyl alike by leaps and bounds.  Continue reading

Beware, fellow plutocrats, the pitchforks are coming – Nick Hanauer -TED video

Nick Hanauer: Beware, fellow plutocrats, the pitchforks are coming

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