There are fears in some quarters of Guyana’s Foreign Ministry that Venezuela may seek to obstruct Guyana from raising the border controversy and any other bilateral matter in the Group of 77 under the chairmanship of Georgetown. The official ceremony for the handover of the G-77 chairmanship from Palestine, which served in the capacity in 2019, to Guyana, will be ...

The United Kingdom-headquartered oil company, Tullow Oil, may take another year before it actually decides what it will do with its two oil discoveries offshore Guyana. A senior company official informs News-Talk Radio Guyana 103.1 FM/Demerara Waves Online News that it will cost a lot more money to extract the oil commercially. The industry source explains that’s because of the ...

Foreign Secretary at the Ministry of Foreign Affairs, Carl Greenidge on Friday confirmed that several of Guyana’s Ambassadors and High Commissioners, including the key post of Venezuela, have been sent home. Mr. Greenidge says Cheryl Miles will be serving as Guyana’s Ambassador to Venezuela until December 31, 2019 after which she and others would be let go from the Foreign ...

At least half a dozen traders from Houston, Geneva and London are set to alight on tropical Guyana this weekend to bid on some of the first oil cargoes produced by the tiny South American nation, Bloomberg reported. Guyana has no experience in trading oil — and it’s looking to learn the basics from its very first buyer. The government ...

The Traffic Chief of the Guyana Police Force, Linden Isles says he has recommended that all minibus parks be removed to the Railway Embankment in the vicinity of Lamaha Street east of Camp Street. Mr. Isles says that recommendation is contained in a paper that was dispatched to the Ministry of the Presidency. If the Traffic Chief’s idea is accepted, ...

The Maritime Administration Department’s (MARAD) Director of Maritime Safety, Captain John Flores has issued a warning to would-be pirates. He said the regulatory agency would be implementing an Automatic Identification System (AIS) to track vessels plying Guyana’s waterways. According to Flores, in the event of a piracy attack, a distress signal will be sent to any of MARAD’s maritime safety ...

The United States (U.S.) says it has provided nearly US$4 million in humanitarian assistance to Venezuelan refugees in Guyana since fiscal Year 2017. “Funding includes increasing Venezuelans’ access to legal status, promoting social integration in host communities, and improving support and access to social services,” the American embassy in Georgetown said in a brief statement. The U.S. disclosure coincides with ...

About three hours after the Bank of Guyana said it would be pressing Republic Bank Guyana to compensate customers for inconvenience stemming from an upgrade of its system, the Trinidad-headquartered financial institution said it had days ago already decided to do so. “Importantly, at the Bank’s Annual General Meeting on December 9th 2019, Chairman, Nigel Baptiste, announced that the Bank ...

Guyana’s central bank, the Bank of Guyana, on Wednesday formally took over responsibility for managing the Natural Resources Fund also known as the sovereign wealth fund (SWF), even as Guyana awaits word from the Federal Reserve Bank of New York (or the New York Fed) on due diligence where the monies will be deposited. Governor of the Bank of Guyana, ...

The United States on Tuesday disassociated itself from dated, private comments by American Political Science Professor Robert Evan Ellis who has forecast a likely victory for the opposition People’s Progressive Party (PPP) at the next general elections. The diplomatic mission said Ellis’ comments “in no way reflect an official position” and he had written those “last April before his employment ...