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Daily Archives: November 14, 2018

President Granger diagnosed with cancer; expected to “fully recover”

President David Granger has been diagnosed with Non-Hodgkin Lymphoma, a cancer that starts in the white blood cells, and he on Wednesday began  a second round of treatment in Cuba where he has been for the past two weeks seeking medical attention. “Subsequent to a series of medical tests, the President was diagnosed as suffering from Non-Hodgkin Lymphoma and was placed ...

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Analysts suggest improvements to proposed Sovereign Wealth Fund; Finance Minister says Fund crafted to suit Guyana

The Guyanese government needs to address underlying weaknesses in the country’s proposed Sovereign Wealth Fund’s design to maximize its effectiveness, according to a report released Wednesday by the United States-based Natural Resource Governance Institute. In the document, analysts praised government for taking a number of commendable steps in its plan to save a portion of the country’s forthcoming oil revenues in ...

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US seeks forfeiture of hotelier “Big Head” Lovell’s property; DEA trailed cocaine-smuggling plot to The Netherlands

The United States (US) has ordered Guyanese hotelier, Shervington ‘Big Head’ Lovell and other alleged co-conspirators in cocaine trafficking to forfeit a range of properties. Lovell, Agimero Zapata Castro, and Surinamese Steven Antonious have been charged with violating US maritime drug enforcement laws between April and July, 2018 in Guyana, Jamaica, Colombia , the high seas an elsewhere. In the grand ...

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