Category Archives: Business

Suriname Lands $478M IMF Loan To Boost Economic Reform Plan

Suriname Lands $478M IMF Loan To Boost Economic Reform Plan

Suriname mapMay 28, 2016 – Caribbean News Service.

PARAMARIBO, Suriname, May 28 2016 – Suriname has landed a $478 million loan from the International Monetary Fund to boost an economic reform programme amid a drop in commodity prices, becoming the second South American country to seek such a bailout in nearly a decade.

The IMF said it will immediately disburse $81 million as part of a two-year deal announced Friday that has been met with protests.   Continue reading

Climate Action is Needed Whether Exxon Likes it or Not – By Rosaliene Bacchus

Make comments and share at the Rosaliene Bacchus Blog

Three Worlds One Vision

Last week, we were among a handful of organizations who received a letter signed by 13 members of Congress claiming that we may be violating Exxon’s right to free speech. They’re requesting that we divulge any communication we may have had with state officials and many private organizations with regard to looking into what Exxon knew about climate change and when. At face value this request is a threat to constitutional rights.

Source: Climate Action is Needed Whether Exxon Likes it or Not.

View original post

GUYANA: NATIONAL PRIDE – Commentary

NATIONAL PRIDE

MAY 26, 2016 | BY Kaieteur News | FILED UNDER EDITORIAL,

Guyana 50th Anniversary Logo

Guyana 50th Anniversary Logo

Opinion - commentary -analysisFifty years ago, today, Guyana broke free from the Monarchy to chart its own destiny. There was no golden handshake as has been the case with countries like Suriname that gained its independence from Holland. Instead, Guyana was pretty much left to work with the systems left in place by the colonial rulers.

It is not that these systems were all bad. For example, we continue to maintain the judicial system that allows for a preliminary inquiry ahead of an indictable charge. There are still the public service, the police force and the postal service which, until the advent of improved technology, remained the main link between families and friends.   Continue reading

Venezuela to buy US50m in food from Trinidad and Tobago

Venezuela to buy US50m in food from Trinidad and Tobago
Published on May 25, 2016 – Caribbean News Now
maduro_rowley.jpg

Venezuelan President Nicolas Maduro, left, and Prime Minister Dr Keith Rowley exchange a handshake during a joint press conference following bilateral talks in Trinidad on Monday. Photo: Abraham Diaz/Trinidad Guardian

PORT OF SPAIN, Trinidad — Venezuela, which is facing a severe economic and political crisis, has agreed to buy US$50 million in food from neighbouring Trinidad and Tobago. Among the priority items Venezuela had requested were butter, chicken, pork, ketchup, rice and black beans.
Continue reading

APNU+AFC First Year- with Hon. Sydney Allicock- Min. of Indigenous People’s Affairs

GINA logoAPNU+AFC First Year- with Hon. Sydney Allicock- Min. of Indigenous People’s Affairs

Guyana- Capitol TV news Videos – 23 May 2016

Guyana- Capitol TV news Videos – 23 May 2016

Eastern Airlines makes inaugural flight

Posted: 23 May 2016 04:22 PM PDT

Tower Suites re-opens its doors

Posted: 23 May 2016 04:43 PM PDT

Kelly Hyles in Guyana for Jubilee celebrations

Posted: 23 May 2016 04:30 PM PDT

Finance Minister says Economy in Good Shape

Posted: 23 May 2016 04:12 PM PDT

Ex-husband and hitman held after Skeletal remains found in Campbellville

Posted: 23 May 2016 04:40 PM PDT

Draw your future – Take control of your life – TED Talk video

Draw your future – Take control of your life – TED Talk video

Published on Mar 27, 2015

Ted Talks Featuring the amazing Patti Dobrowolski

Documents: BaiShanLin enjoys duty free concessions galore

BaiShanLin enjoys duty free galore

MAY 22, 2016 | BY | FILED UNDER NEWS

officials-tOfficial documents, including agreements signed by the People’s Progressive Party/Civic (PPP/C) Government, have come to light.
It is revealing how the previous administrations doled out duty free concessions to certain foreign companies.
One company, BaiShanLin specifically, was scandalously given almost unlimited permission to import vehicles and equipment, including in one case an extraordinary request for one billion tons of cement and two billion pails of paint.    Continue reading

Rousseff’s Ouster Weakens BRICS by M.K. Bhadrakumar – Indian Punchline

Rousseff’s Ouster Weakens BRICS  by M.K. Bhadrakumar – Indian Punchline

Official Photo of Brazilian President Dilma Rousseff

Brazil’s Dilma Rousseff

The fact of the matter is that the removal of Brazil’s Dilma Rousseff from the office of president and her impending impeachment trial does not add up. Crime and punishment must have some co-relation.

Rousseff herself likened her ouster to a coup d’état. Indeed, the political circumstances are extraordinary. The charge against Rousseff is fiscal wrongdoing – using state money under one budgetary head to cover extra expenditure under another head. She says she diverted the funds for undertaking social programs.

Fiscal jugglery is not unusual for elected governments and it is a common practice in Brazil. No president ever paid this high a price. Curiously, Rousseff is not charged with corruption.  Continue reading

BaiShanLin asks UN boss to “remind” Guyana of treaty obligations + The truth about BaiShanLin

BaiShanLin asks UN boss to “remind” Guyana of treaty obligations

 – demands GRA return its vehicles in seven days
– wants diplomatic solution
– claims actions have implications for all investors

[May 18, 2016 – By KNEWS]   The seizure of two high-end vehicles last month from a Chinese company for outstanding taxes by the Guyana Revenue Authority (GRA) is threatening to become a diplomatic issue.
This week, law firm, Satram and Satram, representing BaiShanLin International Forest Development Inc., wrote the Commissioner-General of GRA demanding that the two vehicles, a Lexus SUV and Nissan van, be released within seven days.

The lawyer insisted that the seizures triggered a dispute between the company and the Government of Guyana and is contrary to the agreement between China and Guyana, signed on the 27th day of March 2003, that dealt with the promotion and protection of investments between the two countries.

Also written to over the seizures are Minister of Foreign Affairs, Carl Greenidge, and Secretary General of the United Nations, Ban Ki-MoonContinue reading

Follow

Get every new post delivered to your Inbox.

Join 2,388 other followers

%d bloggers like this: