Category Archives: Economics/Finance

MovieTowne Guyana sets sights on end of August for launch of cinemas+ some concessions

  • developer blames government ‘red tape’ for delays

MovieTowne – Guyana

[Stabroek News – 13 June 2018] – Although bemoaning the government “red tape” and other issues that have slowed the completion of the US$45m MovieTowne Guyana at Turkeyen, East Coast Demerara, developer Derek Chin has announced that he and his partners are working towards opening the eight cinemas and some concessions at the facility by the end of August, while the others, including the Hard Rock Café, will be opened by year end.

Chin, the Trinidadian founder and Chairman of the MovieTowne franchise, made the announcement yesterday when a site visit was held for the Private Sector Commission (PSC).     Continue reading

Talking China with Rashleigh Jackson – By Verian Mentis-Barker – Podcast on Xpress Blogg


As China’s presence in Guyana remains on the rise and an enigma to many, we sought to chat with the Honorable Mr. Rashleigh Jackson, one of the first members of the British Guiana’s Foreign Corps under, then, Premier Forbes Burnham and subsequent icon of the country’s diplomatic community, to get his understanding of the nature of the relationship established with that country from the early days..

The Xpress Blogg Podcast takes a researched look at the current state of Politics in Guyana.


Guyana Politics: The unsinkable Titanic sank in 2015 – By Freddie Kissoon

Guyana Politics: The unsinkable Titanic sank in 2015

By Freddie Kissoon – 12 June 2018

Three important occurrences last week should be noted – the court ruled that the President could select a GECOM Chairman of his own choice bypassing the Carter formula. Secondly, Ashni Singh and Winston Brassington have received more criminal charges. Thirdly, after a long absence from the public gallery, Roger Luncheon surfaced to accuse GECOM of discrimination in employment.

Inside the psychology of all PPP leaders after their 1992 victory was that the PPP could never lose an election and was only kept out of power by electoral fraud. For all PPP cadres, once there is a general election, the PPP will win. By the time Jagdeo won a second term in 2006, the PPP’s collective psychology was saturated with invincibility.      Continue reading

G7 in disarray after Trump rejects communique and attacks ‘weak’ Trudeau

G7 in disarray after Trump rejects communique and attacks ‘weak’ Trudeau

Leaders believed they had a deal until the US president launched a personal attack on Canada’s prime minister

Justin Trudeau’s G7 comments that angered Donald Trump – video

Donald Trump has left the G7 network of global cooperation in disarray after he pulled the US out of a previously agreed summit communique, blaming the Canadian prime minister Justin Trudeau whom he derided as “dishonest and weak”.      Continue reading

Barbados’ new government makes instant financial changes – IMF involved

Barbados’ new government makes instant financial changes

Barbados PM – Mia Mottley

By George Alleyne – Caribbean Life News. NY

Confronted with overall national debt that has more than doubled in the 10 years by the last government, Barbados Prime Minister Mia Mottley has wasted no time in suspending liability payments and calling in the International Monetary Fund.

Following a meeting with leaders of the trade unions and the private sector, Mottley announced one week after winning elections that the nation’s finances are so dire that it cannot stay afloat while meeting obligations.       Continue reading

It’s A Month To Celebrate Caribbean Immigrant …. But Who Really Cares? – By Felicia J. Persaud

It’s A Month To Celebrate Caribbean Immigrant…. But Who Really Cares?

Labor Day Parade -NYC

By newsamericas – June 7, 2018 – By Felicia J. Persaud

News Americas, MIAMI, FL, Fri. June 8, 2018: Since 2006, every US President since George W. Bush has been declaring June as National Caribbean American Heritage Month, (NCAHM), in the United States.

The month, which is supposed to celebrate the legacy of the millions of Caribbean immigrants in the US today as well as those of Caribbean heritage now and those of the past, was sponsored and promoted through the US House by Congresswoman Barbara Lee in 2005.

In 2006, it was passed by the U.S. Senate, culminating a two-year lobbying effort to recognize the significance of Caribbean people and their descendants in the history and culture of these United States.        Continue reading

Noam Chomsky: Donald Trump is a Distraction – Video

Noam Chomsky: Donald Trump is a Distraction

Published on Mar 3, 2018

While Donald Trump works to distract the public, his administration is working to dismantle every aspect of government that benefits the people.

Guyana and…..Worrying times for the globe – By Leonard Gildarie

Leonard Gildarie

By Leonard Gildarie – Kaieteur News – June 3. 2018

Times have changed dramatically in the last two decades.
Google, Facebook, Amazon and online shopping have emerged as powerhouses, with China, India, Canada, and of course the US, aggressively expanding.

We are now seeing high interest about the Middle East in this part of the hemisphere and we all know what is happening in Guyana with the emerging oil industry.

The world of business as we know it has evolved. People are doing deals and payments now from the comforts of their offices and homes, via their computers and smart phones. Want a part for your computer or car? Want some trendy new clothes or a sport utility vehicle in England or Japan or Miami? Yes, it is all possible now.          Continue reading

Canada Just Learned that Trump’s United States is the World’s Worst Friend – opinion

Canada Just Learned that Trump’s United States is the World’s Worst Friend

The administration’s ruling on tariffs shows that the U.S.A. has more respect for its enemies than its good neighbors, so why bother being a pal?

Stephen Marche | The Washington Post

Being close to the United States of America is sort of like having the world’s lousiest friend. In the ordinary course of business, it belittles you, ignores you, takes you for granted. When it needs you, when it’s in the middle of an emergency, it shows up expecting you to drop everything. Then, the moment it has what it wants, it forgets you ever existed.

Canadians are used to dealing with an unpredictable and occasionally insane neighbor to the south, but Thursday’s announcement that the United States would impose tariffs on steel and aluminum imported from Canada, Mexico and the European Union was a true friendship deal-breaker. American foreign policy is becoming a study in how to lose friends and alienate people, how to turn ancient allegiances into fraught conflicts for the vaguest of possible motivations.          Continue reading

%d bloggers like this: