Category Archives: Business

The 6,000-Year History of Medical Cannabis – Infographic

The 6,000-Year History of Medical Cannabis

View the high resolution version of today’s graphic by clicking here.

Since the early 20th century, the use of cannabis for any purpose fell out of favor by both regulators and Western culture at large.

In the United States, a wave of regulations made access to cannabis more difficult starting from the late 1900s, ultimately culminating in the Marihuana Tax Act of 1937, which effectively made cannabis use a federal offense. Meanwhile, prohibition in Canada lasted for 85 years until being lifted by recent developments.

Interestingly, however, this recent period of 20th century opposition is actually just a small speck in the wider 6,000-year timeline of cannabis. After all, the plant has been widely regarded for its therapeutic potential for many millennia by different cultures around the world.
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Guyana: The Country That Wasn’t Ready to Win the Lottery

The Country That Wasn’t Ready to Win the Lottery

Oil rigs and production

Guyana just discovered it owns enough oil to solve all its problems — and cause even bigger ones.

Micah Maidenberg, Manuela Andreoni  | Foreign Policy

GEORGETOWN, Guyana — Amid the narrow streets and rusty docks of Georgetown, the quiet capital of Guyana, the first signs of an oil boom are visible. Steel pipe destined for deep-water projects can be seen stacked on wharves near the city center. Over at the Marriott, the country’s only five-star hotel, the bar fills up throughout the day with Brazilian oil workers and American contractors. Boats embark from a new depot on the Demerara River, ferrying supplies to oil projects hundreds of miles from the coast.

Driving much of this activity is ExxonMobil. Three years ago, the company’s Guyana subsidiary found crude in sandstone reservoirs about 120 miles offshore, the first of a string of offshore discoveries that have raised the country’s reserves to an estimated 3.2 billion barrels from nothing at all. Decades of dry wells had made such a cache impossible to imagine.     Continue reading

ExxonMobil confirms 8th oil discovery offshore Guyana at the Longtail-1 well

ExxonMobil confirms 8th oil discovery offshore Guyana at the Longtail-1 well

Stenna Carron drillship

…company to add another exploration vessel offshore Guyana 

ExxonMobil in a statement on Wednesday said it made its eighth oil discovery offshore Guyana at the Longtail-1 well, creating the potential for additional resource development in the southeast area of the Stabroek Block.

According to the US based oil giant, the Stena Carron drillship commenced drilling on May 25, 2018 and the Longtail-1 well was safely drilled to 18,057 feet (5,504 meters) depth in 6,365 feet (1,940 meters) of water, where they subsequently encountered approximately 256 feet (78 meters) of high-quality, oil-bearing sandstone reservoir.   Continue reading

China’s New “Silk Road”: Future MEGAPROJECTS – Video

China’s New “Silk Road”: Future MEGAPROJECTS

The Daily Conversation  – Published on Jun 2, 2017

China’s $1 trillion One Belt One Road (New Silk Road) initiative is unprecedented in size and scope. President Xi Jinping has sealed mega-project deals with 65 countries to construct ports, power stations, rail lines, roads, and all the tunnels and bridges needed to connect them back to mainland China.

It’s Not Our Job to Understand ‘Trump Voters’ – Dartagnan | Daily Kos

It’s Not Our Job to Understand ‘Trump Voters’

All of these objects of our concern are male, most often white male. But they are no longer the majority, and that’s the point. 

Dartagnan | Daily Kos  

Rebecca Solnit, whom the New York Times once tagged as the “Voice of the Resistance” is an American writer and contributing Editor at Harper’s magazine. I’m not sure the “Resistance” has a single, or even a particular “voice”, but be that as it may

This past month she wrote an essay for the Literary Hub which correctly flags one of the most persistent and pernicious myths propagated by the media and other cultural markers in this country: 

That there is a hardscrabble, homespun “Real America” out there that we as liberals need to be paying more attention to.
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Guyana childhood reminiscences: Nuts about planes – By Geoff Burrowes

Guyana childhood reminiscences: Nuts about planes – By Geoff Burrowes

Art Williama – Grumman Goose

This is not in any way a history of flying in BG. It is merely childhood reminiscences cobbled together for your entertainment!

The roar of the twin Pratt and Whitney radial engines, as the Grumman Goose took off, came clearly into our house and I dropped everything and raced up to our second floor gallery. If I was in time, I could see, in the space between the Parsley’s house and the Willems’ home, the seaplane, banking to head south towards the Interior. If I waited the Goose, gaining height, flew into the clear air over over Durban Park and I had had my daily dose of excitement as it disappeared behind the bulk of the Fernandes’ house, across Brickdam.   Continue reading

MovieTowne Guyana sets sights on end of August for launch of cinemas+ some concessions

  • developer blames government ‘red tape’ for delays

MovieTowne – Guyana

[Stabroek News – 13 June 2018] – Although bemoaning the government “red tape” and other issues that have slowed the completion of the US$45m MovieTowne Guyana at Turkeyen, East Coast Demerara, developer Derek Chin has announced that he and his partners are working towards opening the eight cinemas and some concessions at the facility by the end of August, while the others, including the Hard Rock Café, will be opened by year end.

Chin, the Trinidadian founder and Chairman of the MovieTowne franchise, made the announcement yesterday when a site visit was held for the Private Sector Commission (PSC).     Continue reading

Guyana: ExxonMobil reconfirms March 2020 for first barrel of oil production

Guyana: ExxonMobil reconfirms March 2020 for first barrel of oil production

Vice President of ExxonMobil Development Company, Lisa Walters presents a model oil barrel to Minister of Natural Resources, Raphael Trotman.

ExxonMobil on Tuesday June 12, 2018 reconfirmed that Guyana will pump up its first barrel of oil in March 2020, even as the Guyana government continued to fend off criticisms of the 2016 production sharing agreement.

Vice President of ExxonMobil Development Company, Lisa Walters said work was well advanced by several companies in Singapore, Brazil and the United States Gulf Coast to ensure that commercial oil production begins in less than two years. “We are on track for first oil in March of 2020,” she said. “In just a little over a year and a half, the Liza Destiny will deliver its first oil to its first tanker offshore,” she added.     Continue reading

Guyana Politics: The unsinkable Titanic sank in 2015 – By Freddie Kissoon

Guyana Politics: The unsinkable Titanic sank in 2015

By Freddie Kissoon – 12 June 2018

Three important occurrences last week should be noted – the court ruled that the President could select a GECOM Chairman of his own choice bypassing the Carter formula. Secondly, Ashni Singh and Winston Brassington have received more criminal charges. Thirdly, after a long absence from the public gallery, Roger Luncheon surfaced to accuse GECOM of discrimination in employment.

Inside the psychology of all PPP leaders after their 1992 victory was that the PPP could never lose an election and was only kept out of power by electoral fraud. For all PPP cadres, once there is a general election, the PPP will win. By the time Jagdeo won a second term in 2006, the PPP’s collective psychology was saturated with invincibility.      Continue reading

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