Trump’s victory a reality check for Guyana

Every Man, Woman and Child in Guyana Must Become Oil-Minded – Column 143 The world continues to process the stunning outcome of Tuesday’s U.S. presidential election, with Donald Trump’s unexpected return to power sending shockwaves through global markets. While the political implications are far-reaching, the focus of this column is an examination of what Trump’s…

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The cited provisions of the FMAA do not cover this one-off cash grant

It is disturbing that an Ambassador to two major international blocs presents himself merely as a “citizen” while making flawed interpretations of fiscal legislation involving billions in taxpayers’ dollars. While Mr Sasenarine Singh, Guyana’s Ambassador to the European Union and the Organisation of African, Caribbean and Pacific States, can express opinions about the Vice President’s…

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What is EPA’s evacuation plan and/or advice when citizens suffer from hazardous effects of chemicals of unknown origins?

My empathy is with the residents of Crane who are currently suffering from the effects of ‘some form of hydroxide’ the source/origin of which is unknown. The Environmental Protection Agency (EPA) has released that the chemical is ‘some form of hydroxide’. It is hoped that they along with all others engaged will do a thorough…

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Renegotiations, referendums and reality – response to Ram & McRae’s Survey

Every Man, Woman and Child in Guyana Must Become Oil-Minded – Column 142 Introduction The response to Ram & McRae’s recent survey on the 2016 Petroleum Agreement was revealing, particularly Vice President Bharrat Jagdeo’s immediate dismissal of its findings and his attempt to shut down any discussion of a referendum. His reaction betrays a troubling…

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Exxon and Partners – Relinquishment Time

Every Man, Woman and Child in Guyana Must Become Oil-Minded – Column 140 President Irfaan Ali enjoys his encounters with international journalists, including BBC’s Steve Sackur and more recently New York Times’ International Climate Correspondent, Somini Sengupta. While the President has ably navigated the questions posed to him, he has benefitted from some important questions…

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PLUGGING OIL AND GAS FOREX LEAKS

WHEN oil companies sell the oil and gas that they extract from Trinidad and Tobago (T&T), over 80% of the revenue is paid to third-party contractors for goods and services. These contractors are often international companies that get paid in foreign currency which they take out of T&T. Many of these foreign companies pay little…

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Reclaiming Guyana’s Oil Wealth: Confronting political timidity and the surrender of sovereignty Part 2

Last week I called out the political leaders for their timidity and dishonesty for hiding behind “sanctity of contract”. Someone pointed out that I seem to have spared Shuman’s Liberty and Justice Party and the United Force (if it exists). That was an oversight. The response to last week’s column was silence from the political…

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