The previous column discussed several important international functions the dollar performs. The dollar serves as an international store of value enabling countries that earn foreign exchange to save in an easily convertible currency. It serves as a medium of exchange allowing payments beyond the American border. It also serves as a unit of account permitting…
I refer to a press release from the Department of Public Information dated 06 July on the illegal sale of carbon credits from forests on titled Amerindian Village Lands. The press statement mainly includes legally incorrect and misleading statements by the Vice-President, and which are damaging to Amerindians. Does Vice-President Bharrat Jagdeo understand that a…
All files available at: https://www.gyeiti.org/news/gyeiti-report-fy2020-final
Dear Editor, I hope that Joel Bhagwandin knows that plants/trees convert atmospheric carbon dioxide into leaves and wood and roots, and also respire carbon dioxide back into the atmosphere as they generate their energy for survival and growth; see his letter ‘The sale of carbon credits to offset carbon emissions does not breach the Amerindian…
Dear Editor I support the statements of the Upper Mazaruni District Council (UMDC) which you reported on 28 June (‘Upper Mazaruni council restates that carbon trading consultations defective’). Any Amerindian Village Council can agree to dispose of natural resources of the titled Amerindian Village Lands only through compliance with sections 13, 14, 34 and 44…
Dear Editor, Reference is made to Mr. Joel Bhagwandin’s letter entitled `The sale of carbon credits to offset carbon emissions does not breach the Amerindian Act’ (see Stabroek News, July 4, 2023). The author is colossally missing a key point of the carbon credit trade business and he is falling short of understanding the arguments…
The topic of de-dollarization is all over the popular press these days. Some have been predicting the demise of the American dollar for decades, while others have taken the enlightened view that the world will be a better place if international payments are settled in a multipolar currency framework, involving about four or five dominant…
