Category Archives: Economics/Finance

Paul Tudor Jones II: Why we need to rethink capitalism -TED video

Paul Tudor Jones II: Why we need to rethink capitalism

Published on Apr 16, 2015 – TEDTalks

Paul Tudor Jones II loves capitalism. It’s a system that has done him very well over the last few decades. Nonetheless, the hedge fund manager and philanthropist is concerned that a laser focus on profits is, as he puts it, “threatening the very underpinnings of society.” In this thoughtful, passionate talk, he outlines his planned counter-offensive, which centers on the concept of “justness.”
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The World Bank and A Changing World – By David Jessop

The World Bank and A Changing World

 By David Jessop

 the-world-bankNews Americas, LONDON, England, Tues. April 14, 12015: It is probably true to say that the average person has little idea what international financial institutions like the World Bank or International Monetary Fund (IMF) do, beyond knowing that they are in some way responsible for having governments impose tough austerity measures and conditions in return for their support.

Notwithstanding, a related issue with wide implications is emerging that warrants close attention in the Caribbean: this is the establishment of what many regard as a future rival to the World Bank in the form of the Chinese-led Asian Infrastructure Investment Bank (AIIB) with a likely different philosophy. Continue reading

Climate Disruption: Thought of the Week – By Rosaliene Bacchus

guyaneseonline:

From the Rosaliene Bacchus blog website

Originally posted on Three Worlds One Vision:

University students demand fossil free investments

University students demand fossil-free investments
Add Your Voice

Fossil Free USA: #whoseside

On April 9th, 48 students launched a sit-in at Yale University to demand their administration divest from fossil fuels, and [in the] evening 19 were arrested for refusing to leave the building. Students asked their administration to pick a side: the people or the fossil fuel industry wrecking our climate.
~ Katie McChesney & the Go Fossil Free Team

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Guyana: Kaieteur News – News items for April 2015

Kaieteur News – News items for April 2015

Place mouse pointer on the date to get a list of the news items

Click date to view the items or that day on their website

April 2015
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——————-   Advertisement:   GUYANA 2030   ———————

 Guyana 2030Guyana 2030: An Overview of Options & Opportunities for National Development + video

GO TO: http://guyana2030.com/ for an Overview and for Contact Information and to make Comments

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The End of the US Boom – commentary

The End of the US Boom

A demonstrator holds a sign during a rally outside Wall Street in New York

With a sharp slowdown and a relatively weak jobs report, the boom in the U.S. economy has come to an end. Why is it that so many professional economists and economic reporters mistook the strength of the U.S. economy?

Published: April 14, 2015 | Authors: Dean Baker |

Campaign for America’s Future | Op-Ed

The Labor Department reported the U.S. economy created 126,000 jobs in March. This was a sharp slowdown from the 290,000 average over the prior three months. This relatively weak jobs report led many economic analysts to comment that the economy may not be as strong as they had believed.

This reassessment is welcome, but it really raises the question of why so many professional economists and economic reporters could be so badly mistaken about the strength of the economy. There never was much basis for claiming a boom in the U.S. economy and the people claiming otherwise were relying on a very selective reading of the data.   Continue reading

Guyana Elections: Donald Ramotar talks of his plans and PPPC achievements

A confident Donald Ramotar talks of his plans for his second term

APRIL 12, 2015 | BY |  By Ralph Seeram  – From the Diaspora…
Pres. Donald Ramotar

Pres. Donald Ramotar

While many are predicting the demise of the PPP with the “Time for Change” campaign, incumbent President Donald Ramotar has plans in the works. He can’t wait for elections to be over so he can implement his party’s plans to move Guyana even further in his second term.
A confident Ramotar is looking not only to get over the 50 per cent mark but hoping to get substantially more.

I caught up with the President on his visit to Florida this past Easter weekend, and took the opportunity to interview him.
One of the main charges of the Opposition against the PPP administration is corruption, so naturally the first question I asked is what his administration will do to fight corruption at all levels. Continue reading

Echoes of Ferguson: Calif. traffic fines hit minorities hard, report finds

Echoes of Ferguson: Calif. traffic fines hit minorities hard, report finds

  • One month after the US Department of Justice documented deep patterns of discrimination by law enforcement in Ferguson, Mo., a report released Wednesday in California reveals statewide traffic court policies that “disproportionately impact people of color.”

More than 4 million Californians do not have valid driver’s licenses because they cannot afford to pay traffic fines and fees, the report finds. Infractions such as littering or sleeping outdoors can also result in steep fines and, if unpaid, a suspended driver’s license or criminal warrant.   Continue reading

Caribbean: Obama announces initiatives for energy security and education

CARICOM-Summit-740

Prime Minister Portia Simpson Miller (third right, front row); President of the United States, Barack Obama (fourth left, front row); and CARICOM Heads of State and Government pose for an official photograph prior to the start of the Caribbean Community (CARICOM)-US Summit.

Obama announces initiatives for energy security and education

KINGSTON, Jamaica, Friday April 10, 2015, CMC – US President Barack Obama on Thursday announced a US$20 million effort to jumpstart private and public sector investment in clean energy projects in the Caribbean and Central America.

Obama made the announcement as he wrapped up a visit to Jamaica where he held bilateral talks with Prime Minister Portia Simpson Miller and then met Caribbean Community (CARICOM) heads of government.   Continue reading

Lee Kuan Yew: Father of Singapore – By Dr. Dhanpaul Narine

Lee Kuan Yew: Father of Singapore

By Dr. Dhanpaul Narine

Lee_Kuan_Yew in 2002

Lee Kuan Yew

Lee Kuan Yew has provided the recipe for Singapore’s success. He said, ‘I am often accused of interfering in the private lives of citizens. Yes, if I did not, had I not done that, we wouldn’t be here today. And I say without the slightest remorse, that we wouldn’t be here, we would not have made economic progress, if we had not intervened on very personal matters-who your neighbor is, how you live, the noise you make, how you spit, or what language you use. We decide what is right. Never mind what people think.’

Lee Kuan Yew led Singapore for more than thirty years and his passing prompted many world leaders to pay their respects to him. President Barack Obama called him a ‘true giant of history and the father of modern Singapore. ’ David Cameron, the British Prime Minister, spoke of Mr. Lee and Margaret Thatcher in the same vein, as great state persons that were committed to change.  Continue reading

The new Russian presence in the Caribbean – By David Jessop – Commentary

 The new Russian presence in the Caribbean – The View from Europe: 
Published on March 28, 2015  –  By David Jessop – Commentary
Over the last five years Russian interest in the Caribbean has been growing steadily; so that today Moscow’s diplomatic profile and its economic presence in a number of Caribbean nations is now stronger than at any time since the end of the Cold War.

david_jessop.jpg
David Jessop 

Russia also appears to see the region as possessing a similar world view, one in which it can demonstrate its desire to counterbalance what it regards as US exceptionalism; where the restoration of its special relationship with a changing Cuba will be strategically significant; and where interesting numerical possibilities exist for voting at the UN and in other international fora.
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