Category Archives: Economics/Finance

Five Reasons Donald Trump Will Win – by Michael Moore – Huffington Post

Five Reasons Donald Trump Will Win – by Michael Moore – Huffington Post

Michael Moore

Michael Moore

Friends:

I am sorry to be the bearer of bad news, but I gave it to you straight last summer when I told you that Donald Trump would be the Republican nominee for president. And now I have even more awful, depressing news for you: Donald J. Trump is going to win in November. This wretched, ignorant, dangerous part-time clown and full time sociopath is going to be our next president. President Trump. Go ahead and say the words, ‘cause you’ll be saying them for the next four years:“PRESIDENT TRUMP.”

Never in my life have I wanted to be proven wrong more than I do right now.  Continue reading

Number of “Citizens-By-Investment” Growing In the Caribbean

Number of “Citizens-By-Investment” Growing In the Caribbean

NEW-CBI-passportsAccording to Fortune Magazine, Chinese entrepreneurs, wealthy Russians, and a growing number of Arab citizens are seeking out Caribbean citizenship.

BRIDGETOWN, Barbados, Thursday July 21, 2016 – The number of high net worth individuals in the Caribbean is reported to be increasing, based partly on the availability of programmes that incentivize real estate investment, offering residency permits and citizenship in the Caribbean.

That’s according to the Royal Bank of Canada (RBC) Caribbean newsletter, written and edited by RBC Group Economist Marla Dukharan.    Continue reading

Donald Trump’s Biggest Vulnerability, According to Economist Joseph E. Stiglitz

Donald Trump’s Biggest Vulnerability, According to a Nobel Prize–Winning Economist – Joseph E. Stiglitz

Joseph E. Stiglitz

Joseph E. Stiglitz

There is no wall big enough to solve this problem.

by Joseph E. Stiglitz – Vanity Fair

Lurking beneath all the troubling questions about Donald Trump — would he really try to renegotiate the national debt? Would he really build a wall between Mexico and the United States? Would he really try to prevent Muslims from entering the country? Would he really encourage other countries to develop nuclear weapons?

lies an even more fundamental question: Can he possibly find the thousands of people he needs to perform the most basic task of government, which is, after all, to govern? It is a truism that governing a country is different from running a business. It’s also a truism that no business is even close to the size and complexity of the federal government.    Continue reading

Brexit, Racism and the European Blame Game – By Peter Bloom

Brexit, Racism and the European Blame Game
Monday, 18 July 2016 00:00

BREXIT - Britain and EuropeWritten by  Peter Bloom By Peter Bloom, Truthout | Op-Ed

The United Kingdom’s vote to leave the European Union (EU) has sparked national and international shock as well as outrage. More than just a decision on whether the country should stay or go, it was transformed into a referendum on the continuing power of multiculturalism and toleration against the resurgent forces of racism and xenophobia.

However, this popular narrative misses how much of Brexit’s rhetoric and politics was fueled by the increasingly racist and conservative rhetoric of the EU over the past decade. In recent years,  the EU has become a vehicle for spreading neoliberalism and austerity — forcefully if necessary.   Continue reading

Guyana Census 2012 highlights decline in main ethnic populations

Guyana Census 2012 highlights decline in main ethnic populations

 

The Bureau of Statistics announced, on July 18, its publications of Compendiums One and Two further detailing the findings of the 2012 Census.

This recent publication, Compendium Two, was disseminated earlier this month. It provides further information about the country’s population composition in terms of Ethnicity, Age structure, Dependency Ratios & Religion.  

Additionally new information about the population trends such as national population size by Region and population growth patterns are also detailed in this latest publication.

Continue reading

Guyana is now a upper middle-income economy – World Bank

By NAN Business Editor

News Americas, WASHINGTON, D.C., Fri. July 15, 2016: Guyana, a Caribbean nation was recently placed into a new economic classification by the World Bank.

As of July 1, 2016, the South American CARICOM nation of Guyana no longer is classified as a low income economy. Instead, using the World Bank Atlas method, Guyana is now classified as an upper middle-income economy with a gross national income (GNI) per capita of between US$4,036 and $12,475.   Continue reading

Britain’s new Prime Minister – Theresa May

Britain’s new Prime Minister – Theresa May

A no-nonsense conservative has taken Britain’s helm. She should make the case for a minimalist Brexit 

Theresa May

Theresa May

July 16th 2016 | The Economist

THEY campaigned to Leave, and they were as good as their word. Three weeks on from their referendum triumph, the politicians who led the charge for Britain to quit the European Union have fallen by the wayside in the race to replace David Cameron as prime minister. This week the last of the prominent Leavers, Andrea Leadsom, withdrew her candidacy after a few days’ media scrutiny revealed her to be fantastically ill-prepared. The job of steering Britain towards the EU’s exit doors has thus fallen to the only candidate left in the race: Theresa May, who campaigned to Remain.   Continue reading

BREXIT, What next? – By Dr Paul Craig Roberts

Dr Paul Craig Roberts BREXIT, What next?

  • Paul Craig Roberts is a Former Assistant Secretary of the US Treasury.
  • This is a must see video on the various outcomes from BREXIT, NATO and the European Union.

Guyana 411 – July 9, 2016 – Four Important Issues engaging Caricom – Video

GINA logoGuyana 411 – July 9, 2016 – Four Important Issues engaging Caricom – Video

Brexit is a rejection of globalisation – by Larry Elliott

Brexit is a rejection of globalisation

Larry Elliott – Sunday 26 June 2016 – The Guardian

The EU has failed to protect its population from a global economic model that many believe is not working for them

 Does UK’s exit from the European Union mark the resurgence of nation-state? 

brexit2The age of globalisation began on the day the Berlin Wall came down. From that moment in 1989, the trends evident in the late 1970s and throughout the 1980s accelerated: the free movement of capital, people and goods; trickle-down economics; a much diminished role for nation states; and a belief that market forces, now unleashed, were unstoppable.

There has been push back against globalisation over the years. The violent protests seen in Seattle during the World Trade Organisation meeting in December 1999 were the first sign that not everyone saw the move towards untrammelled freedom in a positive light.   Continue reading

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