Category Archives: Economics/Finance

We are Sick of Racism, Literally Douglas Jacobs | The New York Times

We are Sick of Racism, Literally

Douglas Jacobs | The New York Times

Estifanos Zerai-Misgun, a black Brookline, Mass., police officer, pulled up in an unmarked car and greeted his superior, a white lieutenant. He wasn’t prepared for the response by the lieutenant, who said, as he gestured at the vehicle, “Who would put a black man behind one of these?”

“I was shocked,” the officer later told a Boston news station about the experience. It was one of several derogatory racial comments he would hear on the job. It got so bad that he and a black colleague walked away from the force in 2015.      Continue reading

Guyana Tourism Related Entries on Guyanese Online – November 1-15. 2017

NOVEMBER is TOURISM AWARENESS MONTH in GUYANA

The following Tourism related articles and videos are featured in Guyanese Online for every day of November.  Here are the ones  published up to 15th November 2017:

1. What is really needed to make tourism a success in Guyana? – THAG President weighs in

October 30, 2017 – 2:20 am

2. Beautiful Guyana – Land of Many Waters – Video

November 1, 2017 – 11:50 pm

3. Guyana – Yours To Discover – video produced by Mike Charles

November 2, 2017 – 8:07 pm

4  A special feature on Diwali- The Guyanese Perspective

November 3, 2017 – 11:06 am   Continue reading

Over 15,000 Scientists Just Issued a ‘Second Notice’ to Humanity. Can We Listen Now

"Humanity is not taking the urgent steps needed to safeguard our imperiled biosphere," over 15,000 scientists warned in a letter published Monday. (Photo: NASA)

“Humanity is not taking the urgent steps needed to safeguard our imperiled biosphere,” (Photo: NASA)

by Andrea Germanos, – Common Dreams

Over 15,000 scientists hailing from more than 180 countries just issued a dire warning to humanity: “Time is running out” to stop business as usual, as threats from rising greenhouse gases to biodiversity loss are pushing the biosphere to the brink.

Reassessing warning issued 25 years ago, the “second notice” to humanity warns of “widespread misery and catastrophic biodiversity loss” unless business-as-usual is upended.

WE DID NOT WANT TO KNOW – by Dave Martins + music videos

Dave Martins

WE DID NOT WANT TO KNOW – by Dave Martins

October 29, 2017

In an earlier comment about song-writing I made the point that while talent has to be there, the more critical quality is observation because that is almost always the ingredient that sets a song apart; the writer has turned a light on something in the society, or in an individual, that would have otherwise escaped the rest of us in the populace.

In fact, to look at the popular columnists or commentators in our local press – Freddie Kissoon, Ralph Ramkarran, Henry Jeffrey, Adam Harris, Christopher Ram, Ian McDonald, etc. – is to see this taking place as each writer brings us to something, or an aspect of something, that is new or revealing or thought-provoking.      Continue reading

Over 70, 000 self-employed citizens escaped GRA’s tax net last year –AG

Over 70, 000 self-employed citizens escaped GRA’s tax net last year –AG

Auditor General, Deodat Sharma

 This was highlighted by Auditor General, Deodat Sharma in his latest report.

As at 31 December 2016, Sharma said that there were 131,893 registered self-employed persons in the GRA database of which 92,326 were identified as active.  However, only 18,337 persons or 20% of the active registrants filed returns. Continue reading

Trump: China not to blame for US trade deficit – By Rosaliene Bacchus

Three Worlds One Vision

US President Donald Trump with Chinese President Xi Jinping - Beijing - China - 9 November 2017

While watching BBC World News America on Thursday, November 9, 2017, I was surprised to hear our president say that he doesn’t blame China for America’s trade deficit with that country. This change of tone occurred during his recent state visit to China.

With President Xi Jinping by his side, President Trump told business leaders inside Beijing’s Great Hall of the People: “I don’t blame China. After all, who can blame a country for being able to take advantage of another country for the sake of its citizens?” [Read the complete news report at BBC Online News.]

While still describing the relationship as “very unfair” and “one-sided,” Trump blamed past US administrations for allowing our trade deficit with China to grow. As indicated in the chart below, showing US Trade in Goods with China 2004-2016, the trade deficit with China was US$266.3 billion (2008) at the end of the Bush…

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Guyana Revenue Authority seizes $$$millions in smuggled goods

GRA seizes boats with $$$millions in contraband

The Law Enforcement and Investigation Division (LEID) of the Guyana Revenue Authority (GRA) recently seized millions of dollars worth of smuggled beverages on two trawlers which were making their way from Trinidad and Tobago.

Some of the beverages seized by GRA’s Law Enforcement and Investigation Division.The seizure was made in Guyana.    

Continue reading

Tax avoidance: Paradise Papers leak reveals secrets of the world elite’s hidden wealth

 – Paradise Papers leak reveals secrets of the world elite’s hidden wealth

The world’s biggest businesses, heads of state and global figures in politics, entertainment and sport who have sheltered their wealth in secretive tax havens are being revealed this week in a major new investigation into Britain’s offshore empires.

The details come from a leak of 13.4m files that expose the global environments in which tax abuses can thrive – and the complex and seemingly artificial ways the wealthiest corporations can legally protect their wealth.

The material, which has come from two offshore service providers and the company registries of 19 tax havens, was obtained by the German newspaper Süddeutsche Zeitung and shared by the International Consortium of Investigative Journalists with partners including the Guardian, the BBC and the New York Times.

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Trump’s Silk Road: N.Korea nuclear threat expected to dominate first Asia tour – video

Trump’s Silk Road: N.Korea nuclear threat expected to dominate US leader first Asia tour

RT- Published on Nov 6, 2017

Venezuela’s opposition is on the verge of collapse – By Marco Aponte-Moreno

Venezuela’s opposition is on the verge of collapse – By Marco Aponte-Moreno

It’s been a bittersweet couple of weeks for the Venezuelan opposition, which for six months this year staged daily protests against the authoritarian-leaning regime of president Nicolás Maduro.

On Oct. 26, the alliance – which began working together in 2008 to counterbalance Hugo Chávez’s “Chavista” regime – was given the Sakharov Prize, one of the world’s most prestigious human rights awards.

“Today we are supporting a nation’s freedom to struggle,” said Antonio Tajani, president of European Parliament, in bestowing the honor upon the more than two dozen parties that comprise Venezuela’s Democratic Unity Roundtable.

However, the award came just after the opposition had been handed a stunning defeat in Venezuela’s Oct. 15 regional elections. Despite a 75 percent approval rating, its candidates won just five of 23 state governorships.    READ MORE

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