Category Archives: Economics/Finance

Time to R. E. B. U. I. L. D the Black Community – By Yvonne Sam

Time to R. E. B. U. I. L. D the Black Community

By Yvonne Sam

The Merriam Webster dictionary thus defines the word “development” –the act or process of growing or causing something to grow, or become larger or more advanced.  The word is also defined as “the act or process of creating something over a period of time”.  The truth be told, if we expect our communities to grow, become larger and more advanced as we create something noteworthy and significant over a period of time, then we must hanker after “development more than anything else.  It is time for the Black community to be rebuilt.    Continue reading

Business is not bad. The businesses are moving out of Georgetown – Adam Harris

Business is not bad. The businesses are moving out of Georgetown

Adam Harris

President David Granger is bent on pursuing a programme that would ensure a good life for all. In the face of talk about unemployment there is increasing employment. It may not be recognized, but more people are working. The unfortunate thing is that people are still refusing jobs under the pretext that they do not want “that job.”

Many young people feel that they should all work in offices, even though they are not so qualified. So bent are they on getting what they want, that they do not take time to take what is available and work for what they want. Many do not even seek to enhance their qualifications. They seem stuck in what they have done.    Continue reading

Radical Technological Disruption – The Shake up in Transportation

We Are on Cusp of ‘Deepest, Most Consequential Disruption of Transportation in History’

By Andy RowellMonday, May 15, 2017 – By Oil Change International

(Photo: Nicolas Nova/cc/flickr)

“We are on the cusp of the fastest, deepest, most consequential disruption of transportation in history.”

Within ten years, we may witness a radical technological shake up in the way we drive as people switch from petrol and diesel engines to self-drive electric vehicles.

The cars will be owned by fleets, not individual owners. The days of individual car ownership are coming to an end, as people switch to self-drive electric vehicles which are ten times cheaper to run. They will also be significantly cleaner.    Continue reading

China’s Xi lays out $900bn Silk Road vision amid claims of empire-building

China’s Xi lays out $900bn Silk Road vision amid claims of empire-building

Global leaders attend ‘Belt and Road’ infrastructure summit to praise plan Xi Jinping says will bring a new ‘golden age’ of globalisation

PHOTO: A Chinese flag flies over Tashkurgan, a tranquil frontier town on China’s border with Pakistan, which is bracing for change as President Xi Jinping kicks off what some call the most ambitious development plan in history, the ‘Belt and Road initiative. Photograph: Tom Phillips for the Guardian.

Commentary: Guyana should come first and then… – By Leonard Gildarie

The Story within the Story… Guyana should come first and then…

Leonard Gildarie

A dear friend of mine and her family are here on vacation. She has lived in New York for the past two decades, has her own small business, and a daughter in college. She is seriously thinking of coming back here.

For many Guyanese living in Queens especially, life is tough in the private sector. Several small businesses along Liberty Avenue have been forced to close because of a drop in sales and the fact that more efficient and less costly services are being offered by the deep-pocket competitors.

It would mirror what is happening in the region and in Guyana, and drives home the reality that we are not alone in the world.     Continue reading

France’s Critical Election Happens in June, NOT on Sunday – John M Carey

France’s Critical Election Happens in June, NOT on Sunday

John M Carey – The Washington Post

The second round of France’s presidential election, on Sunday, is commanding worldwide attention. The contest pitting Emmanuel Macron’s globalist cosmopolitanism against Marine Le Pen’s France-First nationalism is important, to be sure.

But the election that will shape how the country is governed for the next five years will take place a month later, when the French elect their National Assembly, or parliament.    Continue reading

The modernization of the East Indian Guyanese – By Freddie Kissoon

The modernization of the East Indian Guyanese

Today marks the anniversary of the arrival of the Indian indentured immigrants. It comes at a time when the majority of sugar workers will be facing a bleak future. One is emotionally lacerated at this tragedy. But let us be honest, sugar is a king that once dominated the land but its time has passed.

I was walking next to Khemraj Narine, the vice chairman of the university’s workers, in the May Day rally and I told him if we are going out of sugar, let us give the vast lands that the sugar canes once stood on to sugar workers. This country is very poor. It has endured 60 years of economic and political stagnation but one of the great human features that makes this country stand out against all others in the world is its genetically driven resilience.    Continue reading

Guyana’s Sugar: Downsizing will save GuySuCo – commentary

DOWNSIZING WILL SAVE GUYSUCO

Granger persuades UK diaspora to support Guyana’s development

Granger persuades UK diaspora to support Guyana’s development

President David Granger stated that his overwhelmingly successful engagements over the past few days in London are a clear indication that there is renewed interest and investors’ confidence in Guyana. He also said that while

President David Granger at the meeting.

there is still a lot more work to be done, the current mood of restored democracy in the country has made it an extremely attractive investment destination.

Granger said that what Guyana needs now more than ever, is a surge in entrepreneurship and for its own people to come home with their capital and technical ‘know-how’ to play their part in the local economy. He was at the time, addressing members of the diaspora at a forum in London.     Continue reading

Granger visit to UK… British investors agree that Guyana is ‘best investment destination’

Granger visit to UK… British investors agree that Guyana is ‘best investment destination’

President David Granger in discussion with Queen Elizabeth II at Windsor Castle on April 26, 2017.

President David Granger has said that Guyana, for long term development, has the most exciting investments prospects in the Caribbean.

He added that the country holds an enviable and strategic position as the link between the South American continent, the Caribbean region and the rest of the world.    Continue reading

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