News

San Juan, Jan 6 (EFE).- Puerto Rico is preparing to host on Feb. 26-27 its second Puerto Rico Investment Summit, at which more than 300 entrepreneurs and investors from the United States are expected to participate in order to learn about the competitive advantages the island has to offer. The event, to be held at the Condado Vanderbilt Hotel Convention ...

Bogota, Jan 7 (EFE).- Entrepreneurs in Latin America must take into account urban infrastructure since mobility and commercial services may turn out to be either obstacles or platforms for their businesses to grow, an expert said. “The city is the entrepreneur’s center of activity and his connection with the world,” Marco Kamiya, head of the department of urban economy and finances for UN-Habitat, ...

Preparations for upcoming general and regional elections are gradually moving into high gear, as the country awaits President Donald Ramotar’s announcement of E-Day. Cabinet has given its no objection for the procurement of GYD$55 million in Duracell batteries and sensitive materials for GECOM ahead of impending General Elections. (US$1.00 = GYD$208.00) This comes amidst the backdrop of an announcement by ...

Employees of the Guyana Geology and Mines (GGMC) say management’s failure to approve a pay-hike, in keeping with a terms of resumption of work following protest action last month, forced them to  recommence strike action on Tuesday, a move that management deems illegal. Meanwhile, Guyana Public Service Union  (GPSU) Industrial Relations Officer Jermaine Hermanstine, who led the strike, says the ...

The Guyana Telephone and Telegraph Company (GT&T) on Tuesday dismissed several workers, as part of the streamlining of the company’s operations, according to Chief Executive Officer, Radha Krishna Sharma. He said four of the staff members were from the Sales and Marketing Department and one was a Secretary to an official who is no longer with the company. “They have ...

Havana, Jan 6 (EFE).- Cuban artist Tania Bruguera, who was temporarily jailed last week for organizing an open microphone event in Havana, has quit the Union of Cuban Writers and Artists, UNEAC, and returned an award bestowed upon her by the country’s ministry of culture in 2002.Bruguera told Efe on Monday that it was a well-thought out albeit difficult decision ...

Guyanese authorities, in collaboration with their counterparts in Suriname, have seized an estimated 120 kilogrammes of cocaine from a Cyprus-registered cargo ship that came here to collect a consignment of bauxite, Commissioner General of the Guyana Revenue Authority (GRA), Kurshid Sattaur said Tuesday. Officials estimate the street value of the narcotic at about US$10 million. The GRA boss said the ...

Latin America and the Caribbean growth expected to pick up slightly in 2015 IDB loans totaled more than $13 billion in 2014, the Inter American Development Bank (IDB) said Monday. Latin America and the Caribbean’s economic growth might recover modestly to 2.2 percent in 2015, up from 1.3 percent in 2014, its lowest rate since last decade’s global financial crisis. Despite ...

Classes in Barbados secondary schools are set for disruption Tuesday as teachers are scheduled to pull out of classrooms in the morning and attend a meeting of their union to decide on a possible strike. The organisation that speaks for most of the islands secondary teachers, the Barbados Union of Teachers, has been demanding the removal of the principals of ...

Miami, Jan 5 (EFE).- Gay marriage will be legal starting this midnight in Florida as it becomes the 36th state to permit unions of same-sex couples and to recognize gay marriages contracted in other states.It has been a long struggle for the gay community against the state law, which, backed by voters in 2008, defined marriage as a union between ...