Category Archives: Economics/Finance

Trump says Europe is in trouble. He has a point – By Sebastian Mallaby

Trump says Europe is in trouble. He has a point.

By Sebastian Mallaby January 17 at 7:46 PM

Sebastian Mallaby is a Post contributor and Paul A. Volcker senior fellow for international economics at the Council on Foreign Relations. He is author of “The Man Who Knew: The Life and Times of Alan Greenspan.”

trump

President-elect Donald Trump

Germany’s foreign minister reports “astonishment and agitation.” The French president protests indignantly about unsolicited “outside advice .” Even Secretary of State John F. Kerry sees behavior that is “inappropriate.” President-elect Donald Trump’s weekend interview, in which he casually predicted the breakup of the European Union, has certainly attracted attention. But despite the consternation, there is some truth in Trump’s message. The E.U., he observed, is dominated by Germany. “People, countries want their own identity,” he said.      Continue reading

Brexit: UK to leave single market, says Prime Minister Theresa May

Brexit: UK to leave single market, says May

  • January 17, 2017 – BBC News –From the section UK Politics
Prime Minister Theresa May

Prime Minister Theresa May

Theresa May has said the UK “cannot possibly” remain within the European single market, as staying in it would mean “not leaving the EU at all”.

But the prime minister promised to push for the “greatest possible” access to the single market following Brexit.   In a long-awaited speech, she also announced Parliament would get a vote on the final deal agreed between the UK and the European Union.     Continue reading

Pres. Granger calls on banking sector to address deficiencies

Pres. Granger calls on banking sector to address deficiencies; touts mobile banking for remote communities

First Lady Sandra Granger cuts the ribbon to officially open Republic Bank’s branch at Triumph, East Coast Demerara. Looking on appreciatively are President David Granger, Chairman of Republic Bank (Guyana) Limited, Nigel Baptiste (left) and Managing Director of Republic Bank (Guyana) Limited, Richard S. Sammy (right)

President David Granger on Sunday called on the banking sector to address several deficiencies that have been identified by the World Bank and singled out mobile banking as a major tool that could decentralize banking services to persons especially in remote parts of Guyana.   Continue reading

When A Chinaman Bowls a Googly – in football and entertainment

Barbados Underground

Submitted by Pachamama.

Diego Costa Diego Costa

In cricket, a googly has a deceptive bounce. Whereas the chinaman is delivered by a left-arm bowler to a right-arm batsman, spinning from the offside to the legside. The Chinese may only be playing cricket in Hong Kong and we are uncertain as to its mass appeal on continental China. However, soccer and cinema are areas of social activity that are being targeted by Chinese oligarchs for assertions of global dominance.

This comes with the economic and strategic support of the titularly communist government in Beijing. They are showing that corporations are still at the leading end for global conquest. And the Chinese are demanding the world’s attention.

They want to control our opinions, our doubts and fears, our emotions. They have determined that the West needs a rich, thousand-year culture, to guide it. And cultural dominance helps them to leverage internal population control through…

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Open Secret: Washington Is Behind India’s Brutal Demonetization Project

A Well-Kept Open Secret: Washington Is Behind India’s Brutal Demonetization Project

india-rupee-billsIn early November, without warning, the Indian government declared the two largest denomination bills invalid, abolishing over 80 percent of circulating cash by value. Amidst all the commotion and outrage this caused, nobody seems to have taken note of the decisive role that Washington played in this. That is surprising, as Washington’s role has been disguised only very superficially.

US-President Barack Obama has declared the strategic partnership with India a priority of his foreign policy. China needs to be reined in. In the context of this partnership, the US government’s development agency USAID has negotiated cooperation agreements with the Indian ministry of finance. One of these has the declared goal to push back the use of cash in favor of digital payments in India and globally.  [Read more]

The real purpose of the U.S. government’s report on alleged hacking by Russia – By Chris Hedges

The real purpose of the U.S. government’s report on alleged hacking by Russia

ica-reportWelcome to our annus horribilis.

Delusion regarding manufacturing jobs: They are not coming back

The manufacturing jobs delusion – Manufacturing jobs: Not coming back

The Economist logo Jan 4th 2017 – The Economist

Donald Trump may or may not have persuaded Ford to keep a plant in Michigan. But history suggests that his aim of creating large numbers of manufacturing jobs will be a lost cause. The problem is not just China but technology. A competitive market means that carmakers must keep investing to add new features while keeping prices down; that may mean replacing people with machines, writes our financial markets columnist

Foreign Minister denies Diaspora being ignored; ministries to divide responsibilities

Foreign Minister denies Diaspora being ignored; ministries to divide responsibilities

Then Opposition Leader and Presidential Candidate, David Granger mingling with the Guyanese Diaspora in New York ahead of the May, 2015 General and Regional Elections.

The Guyana government is yet to divide its duties to better serve the Diaspora, but at the same time the Foreign Ministry  should not be regarded as an employment bureau, Foreign Affairs Minister Carl Greenidge said Thursday.

Reacting to claims by the Diaspora that the Ministry of Foreign Affairs has failed to involve them in setting up businesses, run ministries and utility companies, he said his arm of the Guyana government is not an “employment exchange.”     Continue reading

Guyana 411 – December 23, 2016 – Focus on Natural Resources – video

GINA logoGuyana 411 – December 23, 2016 – Focus on Natural Resources

Brazil’s colour bind -an analysis of Race in Brazil – By Stephanie Nolen

Brazil’s colour bind

Published July 31 2015- Globe and Mail News – Toronto. Canada – By Stephanie Nolen

BrazilBrazil is combating many kinds of inequality. But one of the world’s most diverse nations is still just beginning to talk about race

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