Category Archives: Governance

Fear about China’s economy can be overdone…. But investors are nervous

Fear about China’s economy can be overdone. But investors are right to be nervous
Aug 29th 2015 | From the Economist print edition

ONCE the soundtrack to a financial meltdown was the yelling of traders on the floor of a financial exchange. Now it is more likely to be the wordless hum of servers in data centres, as algorithms try to match buyers with sellers. But every big sell-off is gripped by the same rampant, visceral fear. The urge to sell overwhelms the advice to stand firm.

Stomachs are churning again after China’s stockmarket endured its biggest one-day fall since 2007; even Chinese state media called August 24th “Black Monday”. From the rand to the ringgit, emerging-market currencies slumped. Continue reading

How China’s Currency Policies Will Change the World – analysis

How China’s Currency Policies Will Change the World

Analysis – AUGUST 26, 2015 | STRATFOR

Continue reading

Ethnic Division Dilemma – by Dave Martins

Ethnic Division Dilemma – by Dave Martins

Dave Martins

Dave Martins

From a boy of 10 or so, growing up on West Dem, it was there in front of me – the difference between Indians and blacks, what we refer to today as the ethnic divide; I never heard the term back then. Only on my return here did I come to understand the depth of this rift, and the dilemma it poses for Guyana. In the wake of the election, several prominent voices, including our former Speaker Ralph Ramkarran, have addressed the resolution of this topic; Freddie Kissoon in Kaieteur News has recently written a stirring column on the subject, citing East Indian myopia; I urge all Guyanese to read those columns.  Continue reading

Statistics and names of ethnic cleansing during the PPP’s reign – By Freddie Kissoon

Statistics and names of ethnic cleansing during the PPP’s reign 

 AUGUST 24, 2015 | BY KNEWS | COLUMNISTS, FREDDIE KISSOON

The talk coming out of the mouth of the Indian dominated PPP and its affiliate organizations, particularly the Indian Arrival Committee, now the Indian Action Committee, is that there is ethnic cleansing against East Indians by the APNU-AFC Government. The IAC has latched on to certain dismissals in the public sector.

This same IAC was on another planet when African Guyanese were supplanted in the same public sector and in scholarship awards.  Continue reading

Budget Debate: “In two or three years the economy will flat-line”- Jagdeo forecasts

“In two or three years the economy will flat-line”- Jagdeo forecasts

  • Saturday, 22 August 2015 – Demerara Waves
  • Photo: PPP parliamentarians walking out of the National Assembly’s Chamber.

PPP parliamentarians walking out of the National Assembly's Chamber.

Immediately after pledging solemnly to work with the government to improve the lives of Guyanese, Opposition Leader Bharrat Jagdeo and his colleague People’s Progressive Party Civic (PPPC) parliamentarians walked out of the House.

During in his estimated 90-minute contribution to the 2015 National Debate, Jagdeo lambasted the Finance Minister Winston Jordan for crafting a budget that would fail to stimulate the economy.
“It does not respond to the concerns of the people. It doesn’t focus on creating jobs, it doesn’t focus on creating wealth. It focuses on redistribution of wealth,” he told the House.
Continue reading

BUDGET BLUES – By Ralph Ramkarran

BUDGET BLUES – By Ralph Ramkarran

Posted on August 22, 2015 by  – Conversation Tree Blog
Ralph Ramkarran

Ralph Ramkarran

The population has learnt not to expect much that is edifying in the annual budget debates. This ritual by the political classes throws up with mundane regularity all that is wrong with our political culture. It gives them the opportunity to reinforce the principles that underlie that political culture so as to fuel it up for another year.

It also facilitates the deteriorating behaviour of parliamentarians in attempting to prevent each other from being heard. They must have tried the patience of Speaker Scotland, whose dignified management of the proceedings, and silence at a most insulting and patronizing reference as the ‘new kid on the block,’ were among the bright spots of the week.   Continue reading

GUYANA – Reports on the PPP in Parliament – 17 August 2015

 GUYANA – Reports on the PPP in Parliament– 17 August 2015

  •  PPP opposition members sworn in at 7th Parliamentary seating, no nominations for Deputy Speaker – Demerara Waves   http://bit.ly/1JmUdy5
  • PPP will hold gov’t accountable to election promises– Jagdeo – Demerara Waves  http://bit.ly/1DYTjps
  • Opposition Leader Jagdeo vows not to unnecessarily cut budget allocations – Demerara Waves  http://bit.ly/1NoJO4N
  • PPP MPs facing “witch-hunt” criminal charges will not be removed from Parliament- Jagdeo – Demerara Waves http://bit.ly/1Lgy5mr
  • Continue reading

PERCEPTIONS OF DISCRIMINATION – by Ralph Ramkarran

PERCEPTIONS OF DISCRIMINATION

Ralph Ramkarran

Ralph Ramkarran

Written by Ralph Ramkarran  – Saturday, 15th August 2015

There are growing concerns within the Indian Guyanese community that the Government has embarked on large-scale discrimination against them. This is being fuelled by politically driven accusations by the PPP using the same emotive language used by the PNC/PNCR in the 1990s – ‘ethnic cleansing.’ I do not accept that there is such discrimination but the growing perception is a negative phenomenon so early in the life of the Government. It should not be dismissed because once such perceptions take hold, they are very difficult to overcome.   Continue reading

Update from Moray House Trust: July 2015 – includes videos

For Guyanese Online

Moray House Trust

Moray House Trust

Update from Moray House Trust: July 2015

On a rainy evening in mid-July, Professor Ivelaw Griffith, a specialist on Caribbean and hemispheric security, drugs and crime, spoke about ‘Regime Change and Expectations Management: Crime and other quotidian security challenges facing Guyana.

Professor Griffith invoked Dickens, Voltaire and Martin Carter in the course of his arguments. He reminded us that we have the dubious distinction in Guyana of one of the highest rates of domestic violence in the world. Our homicide rate is also very high. These, and many other strands, weave together to form the ‘landscape of anxiety’ that prevails, the backdrop to our daily lives.  Continue reading

UNFINISHED BUSINESS – By Ralph Ramkarran

Ralph Ramkarran

Ralph Ramkarran

UNFINISHED BUSINESS – By Ralph Ramkarran

A report appeared in the press last week of a meeting between the Prime Minister, Moses Nagamootoo, Minister of Governance, Raphael Trotman and AFC executive and prominent attorney, Mr. Nigel Hughes to discuss constitutional reform. Constitutional reform is one of the undertakings given by the APNU+AFC coalition in its 100-day programme. No doubt the Government is looking to make an announcement on the issue before the end of the 100-day period.

On July 24 a symposium took place at Moray House on constitutional reform. The panelists were myself, Henry Jeffrey and Haslyn Parris. The proceedings were chaired by Miles Fitzpatrick. We were engaged in what might well be regarded as unfinished business. As leading member, Secretary and Chair, respectively, of the Constitutional Reform Commission, Miles Fitzpatrick, Haslyn Parris and I handed in our report to the Speaker of the National Assembly some fifteen years ago. The feeling at that time by some was that the process we had concluded did not resolve the most fundamental problems facing Guyana.   Continue reading

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