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Daily Archives: Wednesday, 21 March 2018, 22:57

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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