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Monthly Archives: March 2018

Lavish spending of oil money on consumption can hurt Guyana’s economy

Last Updated on Wednesday, 21 March 2018, 22:57 by Denis Chabrol A University of Oxford Professor of Economics and Public Policy on Wednesday urged Guyana to guard against lavish spending of oil earnings on consumer items which would result in a re-valuation of the Guyana dollar that would make other traditional exports noncompetitive. “If you spend it throwing a party ...

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“If you tear this contract up, nobody else will come” – British Economics Professor on ExxonMobil’s contract with Guyana

Last Updated on Wednesday, 21 March 2018, 21:06 by Denis Chabrol A British Professor of Economics and Public Policy, Sir Paul Collier  on Wednesday warned that if Guyana scraps  the ExxonMobil contract that would have disastrous consequences for the country’s investment climate, but he instead recommended strongly that the country beef up its capacity to avoid tax evasion by oil companies. ...

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NBS managers charged with unlawful detainment

Last Updated on Wednesday, 21 March 2018, 16:09 by Denis Chabrol Three manahrs of the New Building Society (NBS) were Wednesday arraigned on eight charges of unlawful detainment. Anil Beharry, Anil Kishun and Deka Tullahram  appeared before Senior Magistrate Fabayo Azore in the Georgetown Magistrates’ Court to answer to the charges. The trio pleaded not guilty to the charge that ...

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Manager of Trinidadian soca artiste, Rodney “Benjai” Le Blanc testifies in assault case

Last Updated on Wednesday, 21 March 2018, 16:09 by Denis Chabrol The Manager of Trinidadian soca artiste on Wednesday testified in court as the trial against a man who allegedly assaulted and injured the singer. Seon Isaacs, Disc Jockey (DJ) and Manager of Rodney “Benjai” Le Blanc recollected the entire assault to the court, noting that on the morning of ...

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Guyanese author dies

Last Updated on Tuesday, 20 March 2018, 20:11 by Denis Chabrol Well-known Guyanese author, Churaumanie Bissundyal died on Tuesday in New York, relatives said. He was 68 years old. Sources said Bissundyal died at  about 3:30 PM at the Mount Sinai Hospital in New York where he had gone for heart surgery. While in Guyana, he worked at the Mirror ...

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Snow in New York forces cancellation of Fly Jamaica’s flight to JFK

Last Updated on Tuesday, 20 March 2018, 19:10 by Denis Chabrol Fly Jamaica says Wednesday’s flight to and from New York’s John F. Kennedy International Airport has been cancelled due to a snow storm. “Our non-stop flight on Wednesday (Georgetown to New York’s John F. Kennedy (JFK) International Airport is cancelled and delayed until Thursday,” a senior airline official. The ...

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Cash-strapped Berbice Bridge suffers “deterioration”, pontoons not serviced in years

Last Updated on Tuesday, 20 March 2018, 10:25 by Denis Chabrol The pontoons on which the Berbice River Bridge floats are deteriorating because they have not been serviced or replaced in the past six years, prominent civil engineer, Bert Carter said. “You can  expect some amount of deterioration,” he said when asked what could be the condition of the pontoons ...

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Waterways must be properly managed for security and be pollution-free, says Granger at World Water Forum

Last Updated on Monday, 19 March 2018, 22:41 by Denis Chabrol Guyana’s President, David Granger on Monday said waterways running through a number of countries of the Guiana Shield must be properly managed as part of a security mechanism, and that rivers must not be polluted. He was at the time addressing the 8th World Water Forum in Brasilia, Brazil ...

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Guyana to host ICAO Air Transport conference for the first time

Last Updated on Monday, 19 March 2018, 22:07 by Denis Chabrol Guyana will for the first time host the 2018 International Civil Aviation Organisation (ICAO) Air Transport Conference; a significant responsibility it has earned following the improvement in its compliance with ICAO. The five-day conference, which will be held in November later this year, was officially launched today at the ...

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David Hinds takes on Amna Ally over “little issue” of freedom of expression

Last Updated on Monday, 19 March 2018, 21:59 by Denis Chabrol Working People’s Alliance (WPA) executive member, Professor David Hinds, who was recently sacked by the state-owned and government-controlled Guyana Chronicle newspaper on Monday objected strongly to People’s National Congress Reform (PNCR) General Secretary, Amna Ally calling the spat over freedom of expression a “little issue” “First, the statement betrays ...

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