By Arthur Deakin – Arthur Deakin This year, the world has become increasingly aware of a global energy shortage as well as the irreversible damages of climate change. Throughout Europe, gas prices have tripled due to a fall in inventory meeting a fast-recovering global economy. Reduced wind power, which accounts for roughly 10% of Europe’s power generation, and droughts in […]
Op-ed
By Alicia Nicholls and Leisel Juman By the time the World Trade Organization (WTO) holds its Twelfth Ministerial Conference (MC12) in November this year, Members hope to have finally reached a multilateral agreement to discipline harmful fisheries subsidies. Fisheries subsidies negotiations have been on-going at the WTO since 2001. Should an agreement be reached among the organisation’s 164 members, it […]
By Rawle Nyanzi In the current day, online payments are king. In an instant, goods and services can be purchased from anyone, anywhere, and at any time. The money goes through instantly, without a hitch. And since the onset of the COVID-19 pandemic, some brick-and-mortar stores have been able to keep their lights on through online sales. Whether through large […]
By Wilberne Persaud In my April 2020 commentary: “GUYANA | Workable, Transparent Gov’t Policy Needed for Oil and Gas Investment” an important bullet point read: “Guyana has but one limited, time-bound chance, to make oil and gas its pathway to sustainable development with environmental and human development equity.” Few thoughtful human beings now dispute the notion of a short time […]
By Arthur Deakin In a recent offshore oil & gas conference in Houston, Guyana’s foreign minister said that the country’s economy is expected to grow 500% by 2030. Guyana’s current US$6.8 billion real GDP would ignite to nearly US$35 billion dollars, about the size of Paraguay, who has nine-times the population of the former British Colony. Per capita, this would […]
By Chen Xilai, (Chargé d’affaires of the Chinese Embassy) COVID-19 is the most extensive global pandemic to afflict humanity in a century, a serious crisis and a daunting challenge for the entire world. Over the past year, different peoples stood in solidarity and made tremendous efforts to jointly combat the pandemic. However, the virus mutated frequently and the pandemic situation […]
By: Shanoy Coombs As countries worldwide seek to encourage their populace to get vaccinated against the Covid-19 virus, damaging division trends have emerged, many even in national communication campaigns. Unfortunately, this has similarly spilled over into social spaces and created an “Us” vs. “them” narrative, which pushes “negative” peer pressure as the solution. It is commonplace on Twitter and Instagram, […]
By Dr. Terrence R. Blackman ExxonMobil initiated oil and gas exploration activities in Guyana in 2008. The company drilled, safely, its first exploration well, Liza-1, in 2015. The Payara, Snoek, Liza Deep, and Turbot discoveries followed in 2017, and in 2018, ExxonMobil announced the Ranger, Pacora, Longtail, Hammerhead, and Pluma discoveries. The Tilapia, Haimara, Yellowtail, and Mako discoveries emerged in […]
By Arthur Deakin Suriname, like Guyana, has just discovered billions of barrels of recoverable oil offshore its coast. This has attracted a flurry of international investors seeking to capitalize on the sudden boom in its oil & gas sectors. The mass of foreign attendees at the Suriname Energy, Oil and Gas Summit (SEOGS) is a sign of the spotlight shining […]
By Jan Yves Remy and Kaycia Ellis-Bourne On 14 July 2021, the European Union (EU) released its long-awaited proposal for a Carbon Border Adjustment Mechanism (CBAM) which will serve as the EU bloc’s first carbon import levy. As anticipated, the proposed CBAM has attracted attention among international observers, even if it has not been widely reported in Caribbean circles. In […]
