The build-own-operate-transfer (BOOT) financial arrangement has been used around the world to fund important infrastructure in partnership between government and private investors. In this financing model, the private investor upfronts the initial investment cost and expects to be repaid over some time period. The investor has an expected rate of return before underwriting the project.
Guyana’s government – particularly the pre-2015 and post-2020 PPP/C – has sold this financial arrangement as one where the government undertakes no risk or financial obligation. The public is often told that the government is not upfronting any money; as a result, the builder-owner-operator bears the financial burden and risks. If it sounds too good to be true, it is. Continue reading →
Canada-Guyana Outreach Mission – CanGO Medical Team for Guyana in 2022
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After a two-year hiatus due to the Covid pandemic, the CanGO medical team will be returning to Guyana in the Fall of 2022 to provide healthcare to the mostly indigenous peoples in the interior of the country. In preparation for this mission, three directors, i.e., Dr. Clare Mitchell (Medical Director), Conrad Joseph (member-at-large) and Yvonne Triesman (President), will be traveling to Guyana in May to meet with officials at the Ministries of Public Health, Foreign Affairs and Indigenous Peoples Affairs. They will also visit Kwakwani (Region 10), Warakaba and Akawini (Region 2).
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If you would like to support our Fall medical mission, donations could be made on our GoFundMe page at:
Jim Rogers Issues Warning: U.S. Dollar Being Used as “Instrument of War,” It’s the Endgame
Stansberry Research – March 8, 2022
“The U.S. dollar will die,” and it will fall from its position as the world’s reserve currency sooner than expected, says Jim Rogers, best-selling author of “Hot Commodities.” In his first video appearance since the Russian invasion of Ukraine, Rogers tells our Daniela Cambone that Ukraine being inducted into NATO is the underlying cause of Russia’s actions. “Now we’re paying a gigantic price,” for the actions taken by U.S. elected officials, he says, and when the war is over, Russian stocks will be an undervalued opportunity. Other sovereign nations are frantically “coming up with something to compete with the U.S. dollar” due to economic sanctions being ramped up in recent years, Rogers asserts. “I cannot see the world having 100% computer money,” he concludes, saying governments will use it to control the masses.
Mar 19, 2022 Kaieteur News – By: Terence M. Yhip (Ph.D)
Terrence Yhip
Part 1-1 Introduction
If you want the perfect analogy in biology of efficiency and coordination—vital requirements for the public investments to succeed—look to the human digestive system for a gut understanding. The body uses nutrients in food for energy, cell repair and growth. But for all of these good things to happen without a hitch, the food must first be converted into nutrients for absorption.
Many “actors” with varied skills are involved, each performing a critical role in a long process. Imagine for a moment a Guyanese pepperpot and bread on a joyous Christmas morning, a tasty mutton curry on Eid-ul-Fitr, or hot aloo roti on Diwali. You’ve just had a meal, but hours later you experience excruciating abdominal pains. Your digestive system is shutting down, no longer able to do its job. Continue reading →
. EVENT #1: Tribute event for Dr J. S. Risien Russell
A Windrush Foundation Event – Sunday, 20th March at 2pm UK time
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The Windrush Foundation invites all members of the Guyana SPEAKS network to a Tribute event for Dr J. S. Risien Russell, Sunday, 20 March 2022 at 2pm at 44 Wimpole Street, London, W1G 8SA.
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Dr. Russell, of Guyanese heritage and Leonora born, was Britain’s first neurologist of mixed ethnic heritage. He was professor of medical jurisprudence and subsequently professor of medicine at University College London, serving as president of the neurology section of the Royal Society of Medicine after 1907. For more information, please see the attachment. Dignitaries including the Deputy Mayor of Westminster and English Heritage officials have been invited to the event. Rod and I hope you will join us there.
You are warmly invited to our second annual World Poetry Day Recital (see programme below). The recital features poems from Barbados, Guyana, St Lucia, the UK and the USA. It lasts half an hour and will air on YouTube at the times stated. Poets include Kamau Braithwaite, Stephanie Bowry, Esther Cowie, Peter Jailall, John Robert Lee, Estelle Phillips, Derek Walcott and Jacqueline de Weever. Readers include Lloyd Marshall and Celia Sorhaindo.
Joe Biden meets virtually with Xi Jinping from the Roosevelt Room of the White House in Washington.
March 18, 2022- WASHINGTON/BEIJING, (Reuters) – Chinese President Xi Jinping told U.S. President Joe Biden in a video call today that the war in Ukraine must end as soon as possible and called on NATO nations to hold a dialogue with Moscow, but did not assign blame to Russia for the invasion.
In the call, which lasted nearly two hours, Biden was expected to tell the Chinese leader that Beijing would pay a steep price if it directly supports Russia’s invasion of Ukraine, a warning at a time of deepening acrimony between the world’s two largest economies. Continue reading →
Venezuelan refugees at a landing in Charity, Region #2 Guyana
(Mar 18, 2022 – Kaieteur News)– The Amerindian Peoples Association (APA) has called on the relevant authorities to provide increased humanitarian support to the Warrau migrants from Venezuela who continue to seek betterment in Guyana and to address their needs as Indigenous Peoples with human rights.
The APA said its call follows the recent influx of migrants experienced by the Region 2 community of Kabakaburi and their forced relocation that followed just days after, even though the indigenous community began to support and have since indicated their willingness to support them. Continue reading →
China, the world’s biggest polluter, has committed to reach net zero emissions by 2060, an ambitious goal matched by enormous investments that are reshaping the nation’s energy system.
GUYANA: BOOT illusions and Amaila Falls Hydro-Electric Project – By Dr. Tarron Khemraj
Amaila Falls Hydro Electric Plant
Stabroek News- By Dr.Tarron Khemraj – March 6, 2022
The build-own-operate-transfer (BOOT) financial arrangement has been used around the world to fund important infrastructure in partnership between government and private investors. In this financing model, the private investor upfronts the initial investment cost and expects to be repaid over some time period. The investor has an expected rate of return before underwriting the project.
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