By News Source Guyana on July 23, 2018
News, Politics
In wake of today’s announcement by ExxonMobil that the estimate for the Stabroek Block has been increased to 4 billion barrels of oil, former Natural Resources Minister Robert Persaud is urging that there be “less bickering [and] finger pointing” ahead of production. Persaud shared this sentiment in a Facebook post earlier today, where he said […]
By News Source Guyana on July 23, 2018
News, Politics
IRVING, Texas–(BUSINESS WIRE)– The ExxonMobil oil company today announced that it has increased its estimate of the discovered recoverable resources for the Stabroek Block offshore Guyana to more than 4 billion oil-equivalent barrels and has advanced its evaluation to support a third phase of development and consideration of two additional phases. The increase follows completion of testing […]
By News Source Guyana on July 21, 2018
Crime, News
A Port Kaituma man who savagely beat his wife to death because he saw her dancing with another man, appeared in Court on Friday and was remanded to jail for the woman’s murder. 36-year-old Tyron James was not required to enter a plea to the indictable murder charge when he appeared at the Georgetown Magistrates’ […]
By News Source Guyana on July 21, 2018
News, Politics
-By Ravin Singh- Guyana’s present value of external debt-to-GDP (Gross Domestic Product) is projected to decline to 8 percent over the medium-term, the International Monetary Fund (IMF) has said in its 2018 country report. Although the report was released in May of this year, the Debt Sustainability Analysis was added to the report and published […]
By News Source Guyana on July 21, 2018
Crime, News
Three members of the Guyana Police Force and a Civilian are to face charges in the Courts for their part in a massive scam involving the driver’s license theoretical examination. The scam was discovered back in April when after a driver’s license theoretical examination, the examiners noticed that more exam papers were handed up than […]
By News Source Guyana on July 20, 2018
Crime, News
With a bright smile on his face, 38-year-old, Neville Haynes appeared at the Georgetown Magistrates’ Court today and admitted to fraudulent conversion. He was sentenced to18 months in jail for pleading guilty to taking his uncle’s belonging and converting them into his own use. Magistrate Leron Daly was told that on the 10th April at […]
By News Source Guyana on July 20, 2018
News, Politics
One day after it was revealed that former US President Jimmy Carter intervened to get the Government and the Opposition back at the table to restart discussions on national issues, the Minister of State is assuring that the agenda will be set by the two local leaders. At his post-cabinet press conference today, Mr. Harmon […]
By News Source Guyana on July 20, 2018
News, Politics
Calling it a “veiled attack” on the Office of the President, the government used its majority in the National Assembly on Thursday to quash a motion brought by the opposition People’s Progressive Party calling for the reestablishment of a Ministry of Labour. The Motion piloted by Opposition MP Gillian Persaud is in keeping with calls by several […]
By News Source Guyana on July 20, 2018
Crime, News
The owner of the City Vibes Night Club was today remanded to jail after being charged with being in possession of 42 pounds of marijuana for the purpose of trafficking. 40-year-old, Clyde Barrett appeared in the Courtroom of the Chief Magistrate smiling as he entered a not guilty plea to the charges. The Court was […]
By News Source Guyana on July 19, 2018
News, Politics
(DPI) As the Guyana Rice Development Board (GRDB) wraps up its 2018 first crop, results from January to June show an export volume increase of 87,000 tonnes as compared to the same period last year, according to GRDB General Manager, Nizam Hassan. “When we look at the figures compared to the first half of 2017, we saw […]