Guyana’s President Irfaan Ali said the United States (US) has begun ending decades of “neglect” of the Caribbean, with a US$2 billion line-of-credit now being available to the Caribbean Community (CARICOM) as evidence of a tangible move to claw back influence in the region from China. “I mean, look at this this week here; we have been able to accomplish ...
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US provides US$2 billion to Guyana; Ali wants “greater US participation” in Guyana’s development
Guyana on Wednesday appeared to have made a major shift in its international financing relations with the inking of a US$2 billion deal with the United States’ Export-Import (EXIM) Bank for government projects and hailing the importance of Washington to the South American nation’s development. “In this development phase of our country we want to see greater US participation not ...
Read More »US Secretary of State says inclusion, transparency among priorities for relations with Guyana; Norton not hopeful of change
United States (US) Secretary of State, Antony Blinken has identified the need for inclusive growth and improved transparency among key priorities for relations with Guyana, but Opposition Leader Aubrey Norton was Wednesday not optimistic that government would fix some of the problems. Mr Norton was pessimistic that government would now take action following the talks with Mr Blinken and other ...
Read More »BREAKING: Jagdeo files GY$50 million lawsuit against Su
Vice President Bharrat Jagdeo has filed an estimated GY$50 million lawsuit against Chinese businessman Su Zhi Rong for defamatory statements against him in reports by American news media entity, Vice News. The privately-owned independent newspaper, Stabroek News, has reported that Su’s whereabouts were unknown. Mr. Jagdeo has denied collecting bribes through Su, as a middleman, from Chinese investors. Since then, ...
Read More »Suspended parliamentarians to lose pay, other entitlements
The eight parliamentarians, who were suspended last week, are expected to be officially informed on Wednesday of the majority decision by the National Assembly which would see them losing a portion of their salaries and access to facilities, Clerk of the National Assembly Sherlock Isaacs said Tuesday. Mr Isaacs explained that they would each four to six days pay and ...
Read More »ExxonMobil makes two more discoveries offshore Guyana
ExxonMobil has made two new discoveries offshore Guyana to the southeast of the Liza and Payara developments in the Stabroek block. The discoveries at Seabob and Kiru-Kiru are the sixth and seventh in Guyana this year, with the total number of discoveries in Guyana at more than 25. The Seabob-1 well encountered approximately 131 feet (40 meters) of high-quality hydrocarbon-bearing ...
Read More »FBI wants to “intensify” efforts with Guyana to go after drug traffickers, money launderers, other organised criminals
The United States’ Federal Bureau of Investigations (FBI) wants to work even more closely with Guyana to pursue perpetrators of organised crimes such as drugs traffickers, money launderers and human traffickers, Attorney General Anil Nandlall said Tuesday. “The team wishes to intensify its relationship with the Government of Guyana in the investigation, prosecution, and in securing convictions in these types ...
Read More »Guyana asks US to take action against persons allegedly perpetrating racial hostility, terrorism
Attorney General Anil Nandlall on Tuesday said he again asked the United States’ Federal Bureau of Investigations (FBI) for help to crackdown on persons on American soil who are allegedly spewing race hate and fomenting terrorism in Guyana. “He informed the team that the State of Guyana has already lodged formal complaints with various important offices and agencies in the ...
Read More »ExxonMobil racks up US$10 million flaring fine; installs new flash gas compressor, increases Liza Destiny’s daily output
ExxonMobil on Tuesday said it has replaced a troublesome flash gas compressor aboard the oil production vessel, Liza Destiny, that has cost the company more than USD$10 million in fines for excess flaring, and said the old one is being overhauled to the latest standards for standby use. Vice President of ExxonMobil Guyana , Mike Ryan said the new flash ...
Read More »President recommits to key benchmarks in talks with US Secretary of State
President Irfaan Ali has cited the need for key aspects of good governance in Guyana’s development, in face-to-face talks with US Secretary of State Antony Blinken in Washington DC. In a video release of opening remarks between the delegations of both sides, the Guyanese leader said Guyana’s “balanced development strategy and in doing so staying true to the value system ...
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