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…
Dear Editor, If the Attorney-General (A-G) said in the ongoing case that it is in the best interests of the State to go ahead with the Gas-to-Energy project (GtE) then he is getting into the realm of speculation and asking the judge and the public to trust him. Against all the norms of decent democracy,…
Dear Editor, Reference is made to your article captioned ‘Exxon’s subsidiary registered $577b profit in 2022’ (SN 6/18/23) and I would like to make a few observations. First, the published data in this and another article (https://www.kaieteurnewsonline.com/ 2023/03/09/the-average-cost-per-barrel-of-oil-produced-by-exxon-is-questionable-unacceptable/). show that EEPGL has been able to extract a total of 168.8 million barrels of oil during…
Dear Editor, From your lead article on Justice Rishi Persaud’s ruling on the matter of the Appeal against the lower court Judge Sandil Kissoon’s order requiring Exxon to provide unlimited PCG, I read as follows (SN June 9th): Justice Rishi Persaud ordered: “. . . [Exxon] to lodge US$2 billion in guarantees within the next…
I refer to Robin Singh’s letter in SN of May 24th titled: “An unlimited parent guarantee must be backed by an asset register”, and wish to respond as follows: Robin Singh argues, “it must be backed by an asset register, all of which would then be under lien and would require Guyana’s assent for any…
Kaieteur News – Pre-pandemic statistics available for 10 Caribbean islands that can be affected by a devastating spill in the Stabroek Block shows that Guyana would have to foot costs of over US$20 Billion a year for affecting the beaches these countries rely largely on for tourism. This point was shared by activist, Janette Bulkhan in…
Our angelic lawyers and appellate judges are debating in medieval terms whether ‘assurance’ or ‘insurance’ or ‘full liability coverage’ or ‘complete indemnity’ can all sit on the head of a pin. Meanwhile, let us consider why we need such security instruments. Since the PEMEX oil spill at the Ixtoc-I well in the Gulf of Campeche…
Dear Editor, In recent letters to the press, Robin Singh, a person who is yet to apologise for publicly labelling me and some members of civil society treasonous, is peddling more illogic. He seems to have now awakened to the concept of ‘unlimited’, as in parent company guarantee (PCG). It was already there to be…
Dear Editor,Your editorial of 24 May (Mahdia tragedy, https://www.stabroeknews.com/2023/05/24/opinion/editorial/mahdia-tragedy/) on the horrific deaths of 19 children in a dormitory fire on Sunday night (and other children who are seriously burnt, all the children scarred for life) reminded us of the government’s serial failures to learn from the earlier deaths of three schoolgirls in Waramadong Secondary School…
Vice President Jagdeo has for sure secured his spot in the annals of iconic harbingers of falsehoods; but his reaction to Honourable Judge Kissoon’s well-thought-out decision, takes the cake, when he distorts the decision and attempts to intimidate and create a chilling effect on the judiciary. The VP perversely attacks the decision with his vengeful…
