sgqthsga

FEU, UST trip foes

first_imgPrince Harry: ‘No other option’ but to cut royal ties Beggar dead in Quezon hit-and-run incident UST middle blockers Chloe Cortez and Ria Meneses lorded it over the net to shield against NU’s attacksBicar, subbing for Alexine Cabanos, finished with nine points and 30 excellent sets for UST.Bernadeth Pons turned in another impressive performance for FEU, hammering 24 points and making 16 digs, while team captain Remy Palma and Toni Basas added 11 markers each.FEU also got a little help after UP’s fiery spiker Nicole Tiamzon sprained her right ankle in the heat of the second set.ADVERTISEMENT China counts sharp rise in coronavirus cases, 2 in Beijing MOST READ Motorcycle taxis ‘illegal’ starting next week — LTFRB board member Sports Related Videospowered by AdSparcRead Next FEU Lady Tamaraws. Photo by Tristan Tamayo/INQUIRER.netFar Eastern University notched its third straight win with a 25-17, 24-26, 25-23, 25-19 victory in the UAAP women’s volleyball tournament Wednesday at Filoil Flying V Centre.In dealing the Lady Maroons a second straight defeat, the Lady Tamaraws kept their foes from forcing a three-way logjam on top. Instead, FEU collared UP—who took the league by storm with a 4-0 start—at 4-2.“We are really pushing ourselves in practice, and all these hard work is now paying off,” said FEU coach Shaq DelosSantos.ADVERTISEMENT LATEST STORIES Marcos monument beside Aquino’s stirs Tarlac town View comments In the other game, second-string setter Alina Bicar held University of Santo Tomas together in a 21-25, 25-14, 25-14, 25-12 upset of title favorite National University.The bedimpled, 5-foot-6 Bicar, a Palarong Pambansa discovery from Eastern Visayas, opened up scoring lanes for UST top gunners EJ Laure and Cherry Rondina while also dumping crucial aces for the Tigresses’ second straight triumph.FEATURED STORIESSPORTSEnd of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legendSPORTSBreak new groundSPORTSMcGregor blasts Cerrone in 40 seconds in UFC returnMore than anything, it was a statement victory for UST, which dealt NU’s third straight defeat and unmasked critical problems for the talent-heavy Lady Bulldogs.The Tigresses unloaded 11 aces—including Mary Pacres’ game-clincher—as the Lady Bulldogs struggled in receives and created problem in setting for Jaja Santiago and Jorelle Singh. Don’t miss out on the latest news and information. Foton sets PSL goals for this season, Sta. Lucia eyeing trophy right away Palace: Crisis over ABS-CBN franchise unlikely 2 ‘bookies’ bet collectors held in Quezon Panelo: Duterte only wants to emulate strong political will of Marcos Filipinos turn Taal Volcano ash, plastic trash into bricks PLAY LIST 01:40Filipinos turn Taal Volcano ash, plastic trash into bricks01:32Taal Volcano watch: Island fissures steaming, lake water receding02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite Taal Volcano continues to emit steam, ash from weak explosionslast_img read more

irwbatmo

2017 PBA All-Star rosters set

first_imgDon’t miss out on the latest news and information. Young guns take the lead for the Mindanao All-Stars as it will be bannered by Mac Belo, Jio Jalalon, and Scottie Thompson.They will be joined by Mark Barroca, RR Garcia, Carlo Lastimosa, Baser Amer, Glenn Khobuntin, and veterans Peter June Simon, Cyrus Baguio, and Rafi Reavis. Also beefing up the Mindanao All-Stars are Cebuano Sonny Thoss and Cagayan Valley native Troy Rosario.FEATURED STORIESSPORTSEnd of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legendSPORTSBreak new groundSPORTSMcGregor blasts Cerrone in 40 seconds in UFC returnPBA media bureau chief Willie Marcial explained that the PBA and Gilas coach Chot Reyes agreed to loan Thoss and Rosario to the Mindanao squad due to the team’s lack of big men.Star coach Chito Victolero will call the shots for the team. Palace: Crisis over ABC-CBN franchise unlikely Completing the national team will be Tolomia, Wright, Ferrer, Cruz, Guinto, Almond Vosotros, Ed Daquioag, Jonathan Grey, Norbert Torres, and Arnold Van Opstal.Lastly, two-time Grand Slam-winning coach Tim Cone of Ginebra will steer the ship for the Visayas All-Stars to cap the week-long festivities.He will have Fajardo, Romeo, and two-time PBA Most Valuable Player James Yap at his disposal, while also enjoying the services of Joe Devance, Jeff Chan, Chris Ross, Chris Ellis, Aldrech Ramos, Dondon Hontiveros, Ronald Tubid, Jericho Cruz, and Asi Taulava, who will be making his 15th All-Star appearance.Castro, Abueva, and Aguilar will lead the Gilas squad playing on April 30, Sunday, at Hoops Dome, where they will be teaming up with fellow pool members Belo, Rosario, Jalalon, Almazan, Pogoy, Maliksi, Revilla, Von Pessumal.Sports Related Videospowered by AdSparcRead Next ‘It’s not my shame’: Why Filipino women are calling out sexual misconduct on social media Marcos monument beside Aquino’s stirs Tarlac town LATEST STORIES ‘1917’ takes top honor at the Producers Guild Awards Duterte promises to look for funds to establish rail transport in Cebu PBA IMAGESANTIPOLO–The rosters are now set as the PBA gears up for the 2017 PBA All-Star.Members of the Gilas Pilipinas pool will join forces with the other PBA superstars as they face off in a three-leg festivities to be held in Cagayan de Oro, Lucena, and Lapu-Lapu City in Cebu.ADVERTISEMENT Taal Volcano evacuees warned against going home Prince Harry: ‘No other option’ but to cut royal ties MOST READ NU now in ‘must-win’ after loss to UP Wildlife rescuers asked to turn over animals to DENR ‘Bad Boys for Life’ debuts so good with box office top spot June Mar Fajardo and Terrence Romeo, meanwhile, banner the cadet-laden Gilas squad playing at Xavier University Gym on April 26, Wednesday.They will be joined by LA Revilla, Mike Tolomia, Roger Pogoy, Matthew Wright, Kevin Ferrer, Carl Bryan Cruz, Fonzo Gotladera, Bradwyn Guinto, and Norbert Torres.Shifting to Lucena two days after, the Luzon All-Stars will grab hold of the spotlight against the national team, with two-time PBA Coach of the Year and Sariaya native Leo Austria of San Miguel manning the sidelines.Kapampangan stalwarts Calvin Abueva, Jayson Castro, Japeth Aguilar, and Arwind Santos will lead the crew, where they will also be joined by Marc Pingris, Paul Lee, Mark Caguioa, Alex Cabagnot, LA Tenorio, Marcio Lassiter, Ranidel de Ocampo, and Stanley Pringle.Their Gilas counterparts, on the other hand, will be anchored by new addition Allein Maliksi and Raymond Almazan at Quezon Convention Center on April 28, Friday.ADVERTISEMENT Filipinos turn Taal Volcano ash, plastic trash into bricks PLAY LIST 01:40Filipinos turn Taal Volcano ash, plastic trash into bricks01:32Taal Volcano watch: Island fissures steaming, lake water receding02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite View commentslast_img read more

ojwydrni

Despite blowout loss, American coach sees bright future for Vietnam

first_imgVietnam coach Donte Hill. PBA IMAGESVietnam’s American head coach Donte Hill is charging his team’s blowout loss at the hands of Thailand to experience.It was Vietnam’s debut in the 2017 Seaba Championship and the outcome wasn’t the kind of result Hill had imagined.ADVERTISEMENT For Ina, portraying a zombie is like an ‘out-of-body experience’ Gerald: Just because I’ve been bashed doesn’t mean I’d stop working Presidency bid needs ‘deep reflection’ – Sara Duterte End of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legend MOST READ LATEST STORIES “I have seen growth since the VBA’s inaugural season and I am sure the next season, I’ll see a lot more growth and these players will all grow because of the experiences as well. I see some bright spots, I see something we can really work on throughout the course of the year. The future is bright.”Sports Related Videospowered by AdSparcRead Next Ex-Bulacan town vice mayor, village chief shot dead Swing Out Sister back to PH this Aprilcenter_img Ai-Ai delas Alas on Jiro Manio: ‘Sana pinahalagahan niya ang naitulong ko’ China reports 17 new cases in viral pneumonia outbreak Filipinos turn Taal Volcano ash, plastic trash into bricks PLAY LIST 01:40Filipinos turn Taal Volcano ash, plastic trash into bricks01:32Taal Volcano watch: Island fissures steaming, lake water receding02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite Alyssa Valdez skips Clash of Heroes “I’m not looking that far ahead. I’m taking it one game at a time,” said Hill, who only had three practices with the team prior to the tournament. “We’re in a development. We don’t have the luxury to look past on where we are. I’m excited just to be here, grow this team, and look forward to the challenge ahead.”“We started really slow. We didn’t really come up with the aggressiveness that we needed. We picked it up in the second quarter, but we got to play four quarters of basketball,” he said after his team’s 76-51 setback. “If we do that, that’s the key. A lot of these guys are still learning my style of just consistently focusing mentally and being prepared to make plays.”FEATURED STORIESSPORTSEnd of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legendSPORTSMcGregor blasts Cerrone in 40 seconds in UFC returnSPORTSBreak new groundHill isn’t dwelling on what’s already done as he looks ahead to Vietnam’s coming games. He also sees early struggles as building blocks that would help his team in the long run.“That’s my focus, the future of Vietnam basketball. The fact that the Vietnamese Basketball Association (VBA) took place and watch these guys play multiple times throughout the course of the season, that means they really mean business,” he said. Trump’s impeachment defense, prosecutors dig in Don’t miss out on the latest news and information. View commentslast_img read more

dzbwrrpz

Dolphins aren’t as bad as they seem – Cutler

first_imgDAVIE, Florida (AP): Jay Cutler wore the beginning of a beard on Wednesday, perhaps because there’s no time to shave when you’re trying to figure out how to score a few points. The whiskers framed a rueful smile when someone suggested to Cutler that the Miami offence has struggled this year. “That,” he said, “is an understatement.” In the wake of a 20-0 loss to New Orleans, the Dolphins (1-2) rank last in the NFL in points and yards per game, yards per play and third-down conversions. They’ve scored two touchdowns in three games and hope to break out Sunday against the Tennessee Titans (2-2). While Cutler doesn’t sugar-coat the situation, he said it’s not as awful as it seems. “On the outside, it looks like all the walls are falling and we’re really bad, and there’s no hope and no prayer for us,” he said. “But we’re close. We’re right there. If we clean up a few things here, we can be a competitive team offensively.” Cutler acknowledges he has been part of the problem. He appears unsettled in the pocket and has often responded to pressure with awkward footwork, which has led to erratic or weak throws. As a result, he ranks 29th in yards per attempt and 25th in quarterback rating. In short, he lined up as a flanker and didn’t twitch a muscle when the ball was snapped. “That’s what they told me to do sit there, don’t get hit, don’t touch anybody, don’t move,” he said, breaking into another smile. “I feel like I executed that one.”last_img read more

phjryfxu

Happy Feet Dance Studio – a studio for all…

first_imgHappy Feet Dance Studio, located in the Camptown Centre, First Street, Campbellville, Georgetown, was founded on February 25, 2015. It is owned and run by Tiana Codrington.The idea of the Studio came out of the need to engage the youths from Campbellville and adjoining communities in artful and meaningful activities as well as to give the founder an opportunity to share her love of dance and impart the knowledge she possesses to others.The Studio offers different genres of dance, with specific focus on modern, African and contemporary routines, along with Zumba classes. It caters to students from as young as age four.The Studio’s creed is: “Talent is God Given, Be Humble. Fame Is Man Given, Be Grateful For Humility Is The True Key To Success.”Although the main focus is on youth development, there are a number of adult members. At present, there are 75 students enrolled at the Studio. The beginners’ class has 35 students between the ages of 4 and 12, teens and young adults class has 30 students between the ages 13 and 24, and the adult class has 10 members.In just two years, the Studio has steadily built a reputation. The students have done a number of guest performances at functions, with the most notable being those hosted by entities such as Courts (Guyana) Ltd and Sterling Products Ltd.They have also participated in the International Dance Day Concert and workshops held by the Department of Culture, Youth and Sport within the Education Ministry.These performances, however, only allow for a small group of the most accomplished dancers to showcase their talents beyond the walls of the Studio.To allow all students the exposure and excitement that come from entertaining an audience, the Studio held its first major dance production, “Unveil”, on May 28, 2017 at the Theatre Guild.The students of all age groups were given the opportunity to perform the many routines learnt for their parents, families, friends, neighbours and classmates. The production was a huge success.However, Director Codrington is no stranger to competitive dance. She began dancing competitively at the age of seven. In her teenage years, she enrolled in the Dance Fanatics Theatre, where she was educated on the technical aspects of dance.This was followed by a short stint with the Classique Dance School. In 2015, she successfully wrote Theatre Arts Dance at the CSEC level, as her first step towards a professional qualification.At Happy Feet Dance Studio, Codrington is ably assisted by two dance enthusiasts like herself – Donnette and Yonnette Holder.Together they provide a quality programme, which ensures that students learn dance in an environment that is stimulating and exciting, as well as safe and welcoming. The aim is to have fun through movement while striving for excellence and achieving each student’s potential.last_img read more

fofabvlic

The “threat”…

first_img…to national securityYou careful readers out there will notice your Eyewitness used “scare quotes” over “threat” in his caption. That doesn’t mean he’s necessarily doubting Prezzie and the authorities who assured that there was, in fact, such a “threat” – causing them to yank our men in green from their barracks to join our men in blue (khaki?) in the streets. He’s merely signalling that the word “threat” was the one actually used by the authorities.Now cynics immediately snickered at what they considered to be a rather transparent ploy to distract the citizens huddled in fear at the unfolding crime wave. The government, after all, to a large extent owes its incumbency to their assurance that if it’s one thing they knew, it was “security”. Their word. They pointed to the presence of all those be-medalled military advisers and ministers and heads of CoI’s as proof positive of their “security” bona fides. But yet, here crime is washing over the country like a tsunami, while the best the government could do is to issue a tsunami of statistics! That didn’t do much for their image… not to mention the confidence of the huddled masses.Even though they mightn’t actually be followers of Lenin, your Eyewitness can just see Prezzie hunkering down with his security brain trust (at Camp Ayanganna after a Cabinet meeting?) trying to answer Lenin’s seminal question, “What is to be done?” Ahhh… what would your Eyewitness give to’ve been a fly on THAT wall!! If the “threat” was the Venezuelans, he can just imagine the army brass raring to put into practice all that military might they displayed in Operation Greenheart! Your Eyewitness got tingles when he remembered the “lizard crawl” he learnt as a kid in school back in the eighties to take on the Venezuelan when they were rattling their sabres then. Not one spring cuirass!!If the threat was armed gangs like during the “troubles” – which, Prezzie explained to Parliament, exploded full blown with no connection to politics, much less the PNC – then he can just hear ex-COP Felix promising to “head them off” as he did during the Agricola Massacre. But alas, it was most likely just the threat of another Prison Riot and burning of mattresses in the offing, since all that came out of the “red level” threat announcement was the joint forces raiding the jails and seizing cell phones and some “shivs”. That’s “jail-made knives” not the cricketer!Remember Security Minister Ramjattan’s last visit to the Camp Street Jail? After he caved in to all their demands, they promised they’d be “good boys”!!!…at the bordersThe Security Minister was also in the news on the porous border issue which he claimed to have “solved” a couple of weeks ago at the Caribbean Basin Security meet with the US. At that time, he assured the nation that after his proposal, the US was going to deploy some “unmanned aircraft” – read “drones” – in Guyana, complete with their base, which would be a hundred miles from the border.After your Eyewitness pointed out some obstacles in his pie-in-the-sky proposal – even the US can’t support such a programme on its Mexican border because of costs, Ramjattan seemed to’ve backed off.Asked about guns shipped across our borders, he now mentioned some “Police outposts” along the borders. Now he knows we can’t even fill our quota of Policemen for our coastal needs… how’s he “gonna” (his favourite Americanism!!) get them into the jungle. Since he obviously reads your Eyewitness, why’s he avoiding the proposal to deploy our soldiers to do the job they’re mandated and trained to do?Like protecting our borders?…to electoral stabilityNow that Steve Surujbally’s signalled that the politicians won’t have him to kick around every five years, there’ll be weeping and waiting and gnashing of teeth!Let’s see them agree on his replacement!!last_img read more

sgqthsga

Mouth (finally) open…

first_img…on land giveawayOn Sept 19th, Prezzie spoke to the regional press corps on the sidelines of the UN General Assembly, and made an intervention on Hurricane relief for the just battered Caribbean islands. GINA reported the Ministry of the Presidency’s press release the same day on its website: “Guyana stands in solidarity with Dominica, ready to offer support”. There was not a word about what form the “support” would take.However, CARICOM followed up the next day (9/20) with some more details on their website, which, for some reason, indicated the Government’s news agency was rather modest in its announcement: “Guyana’s land space can serve as ‘gift’ to the Caribbean battered by hurricanes – President Granger”. The following day, TT’s Newsday cut to the quick about Prezzie’s offer: “Guyana offers land for hurricane victims”. In the meantime, the state-owned Chronic, whose local reporter had featured prominently in the photograph of Prezzie briefing the press, remained mum.It took this newspaper, on Sept 24, to break the news of the Government’s generosity of offering land to the hurricane-hit ‘small islands’. Now, this subject of “giving away lands” was a very touchy issue in Guyana. ACDA, for instance, had made quite a stink about Indigenous Peoples getting lands in the interior – even though some pointed out it was ALL their lands to begin with!! Your Eyewitness figured the Chronic didn’t report Prezzie’s extraordinary offer because they feared ACDA might take to the streets if they found out about it!If they’d objected to Indigenous Peoples getting land, imagine how they would object to these FOREIGNERS getting land!! The plight of the hurricane-hit islanders wouldn’t cut any ice with ACDA, since surveys from Independence to last month showed the Indigenous Peoples had never recovered from the hurricane called the “European Invasion”, which had hit since 1500!! But ACDA, for some reasons that escape your Eyewitness, didn’t utter a word of protest, and it took the ex-AG from the PPP days to take an ACDA-like line and complain that Prezzie had no legal authority to give away Guyana’s patrimony.Well, the Minister of Information’s water boy finally had the Chronic give the OFFICIAL version of the land giveaway. They quoted the Foreign Minister, who made such a ridiculous statement that it bears full repetition: “If West Indians are interested, and if those who are providing relief, need a place in the short term, at which people can be resettled while (their) land is being rebuilt and made habitable, Guyana is prepared to assist in that regard.”So the islanders would leave the land they own (but where their houses were destroyed); move to Guyanese undeveloped land; develop those and erect TEMPORARY housing, and then MOVE BACK to their islands to rebuild their PERMANENT houses?Something na regulah!!…on reason for land giveawayThe unanswered questions set your Eyewitness thinking as to what is really going on. He found a clue in the Chronic’s paraphrase of Minister Greenidge’s explanation: “…making lands available to islanders is nothing new…lands were made available to St. Lucians and other Caribbean nationals along the Linden/Soesdyke Highway in the past.” The “past” of course, was during the first PNC regime under Burnham, whose reason for bringing in Caribbean nationals weren’t on humanitarian grounds.According to declassified US 1965 files, the Dep CIA Director wrote: “In a conversation…on 20 November, Forbes Burnham stated that his immediate objective is to launch his economic development plan so that he will be able to induce large numbers of West Indians of African descent to settle in Guyana prior to the December 1968 elections. His purpose is radically to alter the racial balance now existing in the electorate in sufficient time to enable him to win a plurality in the 1968 elections.”Is the latest offer déjà vu for 2020?…on Amaila Falls HydroAfter playing ducks and drakes for two and a half years, the APNU/AFC government’s finally admitted what’s been clear from the beginning: they’ve abandoned AMFHP.Cutting Guyana’s nose to spite Jagdeo’s LCDS face? Pitiful…last_img read more

zeucsxbr

Questions…

first_img…of PrezzieYour Eyewitness was intrigued to discover Prezzie had evidently taken that “midnight plane to Georgia” to deliver an address to the PNC group in the “Peach State”. Why did Prezzie have Georgia on his mind? Was it because his unilateralism on placing Patterson in the GECOM Chair had exploded like a rotten sore? Was this trip connected to the PPP’s vigorous reaction in the House? Was a war chest already being created for the great battle of 2020?But Prezzie posed three questions to his audience of ex-pat Guyanese that ironically provided answers to your Eyewitness’ questions. Right off the bat after giving a hagiographical account of the birth of the PNC, Prezzie asked, “You have to ask yourself ‘how the PNC gained office in 1964?’” How indeed?!! Well, it had everything to do with that elephant in the room Prezzie studiously avoids even though he’s a trained historian – the CIA’s campaign to remove the PPP and install the PNC to protect their (the US’s) strategic interests!Your Eyewitness isn’t sure why Prezzie skirts around the issue…the US itself has released the declassified files that are there for anyone with a keyboard (or smartphone) to download. So is Prezzie hinting that once again the PNC has been chosen to protect US interests – this time in oil? Food for thought.The second question Prezzie posed was, “Ask yourself ‘how did the PNC remain in office and what did it do during that year?’” Now that’s simple. The answer, of course, is the British passed the “Emergency Detention Bill”, which saw 15 members of the PPP arrested and detained under the suspension of Habeas Corpus! The PPP became mute since the least resistance would result in being thrown into Sibley Hall at the Mazaruni Prison. The PNC extended this totalitarian law as the “National Security Act”.The third question was “Ask yourself how the PNC (regained office) in 2015 and ask yourself how the PNC would retain office after 2020.” And this brings us to the (fetid) present. The PNC disguised itself as APNU under the fig leaf of the WPA and a number of one-man parties, by promising them Ministries. We know from the treatment of Roopnaraine they got Larwah, but the WPA had come home.APNU, of course, suckered the AFC with the Cummingsburg Accord and they pipped the PPP with their 11% and the random 10,000 who were in the States via US issued visas – and not the “backtrack” at US,000 a pop!And we arrive at (Chief?) Justice Patterson. To “retain office after 2020”, the PNC is following the Burnhamite stride in 1968.Rigging with the connivance of the GECOM Chair!…on travails and travelsThe travails of Nagamootoo are too well known to be regurgitated. Suffice to say, he’s not only been neutralised but effectively neutered. That means no cojones…not even a wind ball! But your Eyewitness just discovered another (sordid) reason why he has accepted his eunuch-like state that impelled him to utter inanities like dubbing protesting Parliamentarians as “domestic terrorists”!!Seems, in addition to his demands for the increased salary, ($1.5M), refurbishing and air conditioning at Main Street, new SUV with outriders, etc, he’s allowed unlimited travel allowances. Last year, he frittered TWENTY MILLION DOLLARS in jetting to foreign destinations – quite a feat for a fella who’s supposed to be in charge of DOMESTIC AFFAIRS!With the Cummingsburg Accord just “a cord” to muzzle Nagamootoo’s mouth, he has nothing to do but twiddle his thumb, utter inanities, cut ribbons and drop symbolic donations to the Salvation Army Christmas Kettle. He might as well fly away!But after clocking in all those frequent flyer miles, what’s left for Foreign Minister Greenidge?last_img read more

dzbwrrpz

Running out…

first_img…of (2020) timeBasil Williams, Chairman of the PNC – who, not coincidentally, also just happens to be the “losing-est” Attorney General in the history of Guyana – just concluded a “seminar” of SOCU and FIU hirelings by berating them they’d better get some convictions – by any means necessary! While Williams isn’t the brightest bulb in any room – much less one with lawyers! – it’s clear some of his cases thrown out were brought because of his PNC hat.After three years in office, even the die-hard faithful are wondering what happened to the “billions and billions” the PNC and AFC swore the PPP had pilfered from the treasury. With 2020 looming perilously close, the PNC’s desperate that with no convictions those supporters will be convinced they were taken for a ride with the PNC just throwing shade! Or – which is worse – implicitly concede if the PPP did thief all that money, they’re so smart, the PNC’s left holding the bag!! The PPP ends up heroes – like Clooney and his gang in Oceans 11!!Another problem iWilliamss he and his PNC cohorts are so desperate politically, they just can’t think straight. Take the charge of “misconduct” SOCU’s filed against ex-Finance Minister Ashni Singh and ex-NICIL Head Brassington. Here it is, the PNC’s telling their supporters they want to get back the money the state of Guyana supposedly lost because the two officials sold the three plots of land waaaay below market value.But why bring a CRIMINAL charge if you want Guyana to get back the money it supposedly lost? The penalty for “misconduct in public office” is a life sentence!! Wouldn’t it have been better to bring the charge as a CIVIL matter where the burden of proof is much lower AND THE MONEY LOST TO THE STATE CAN BE fully RECOVERED with a penality thrown in for good measure!!!!? If Williams were familiar with even first year law, he’d know just recently, in the Belizean case of “Marin’, the CCJ affirmed the standing of Attorney Generals to file the TORT of misfeasance in public officials. Here the facts also involved supposedely undervalued land.But this has nothing to do with getting justice for Guyana, does it? It’s all about conducting a vendetta against the PPP – PNC’s political enemy by their reckoning. If you can’t “Hang ‘em high” then jail them for life!! It’s of more than passing interest that the Court in Marin considered the possibility of political vendettas, knowing our local political climate. But we knew where the PNC was going from the beginning, didn’t we?It’s why SARA – the State Assets Recovery Agency – wasn’t used but SOCU – Special ORGANISED CRIME Unit!!…of lipstick for BurnhamGranger’s gone into overdrive to redeem the “legacy” of Burnham he’s sworn to continue. You have to give the man credit – he’s even given over his only begotten house to the “Burnham Foundation”- run by Vincent Alexander, who’s charge of that project. But with Burnham’s legacy in tatters by every possible measure, Alexander’s been forced to fudge history to find something redeeming.So, after cussing out the PPP for the past sixty years, on behalf of the PNC, Alexander claims Burnham was a “co-founder” of the PPP!! Guess they can’t deny the PPP its historic role of being the party that fought for independence, so they might as well claim it. But if you’re going to lie, we can’t understand why Alexander doesn’t take a page from the Trump Playbook and tell some real whoppers. Like Burnham was the sole founder of the PPP!!After all, at the age of 12 he’d already declared he was going to be the leader of an independent Guyana – so there!!Jagan’s vow at Enmore was 16 years later!!…of (economic) wiggle roomJust when Jordan promised the economy would “rebound” from its abysmal 2.1% 2017 growth grawl, comes news that Rusal has to curtail bauxite production.He’s a real jinx!!last_img read more

irwbatmo

Foreign currency shortage

first_img– Guyana heading into an economic crisisReaders of this column would recall that in April 2017 and July 2018 this author dealt with this issue of foreign currency shortages. The findings and conclusions on the issue back then remained virtually the same again on the current issue of a shortage. However, there are some new developments which were also predicted in the analysis of this author in previous writings way back in 2017.In the previous articles published in the 2018 column, this column contended that an artificial shortage tends to be created from time to time wherein, the commercial banks, narrowing this down, two of the six commercial banks are the real culprits that distort the domestic market by investing a greater portion of their foreign currency balances in foreign assets abroad to simply earn higher returns and to prop up their profits, instead of focusing on lending wisely and more prudently in the domestic economy. Based on the last available data, the level of their foreign investments abroad is about US$200 million or more.Bank of Guyana Foreign Exchange InterventionUS$ MillionTable 1.1International Reserves & Foreign Assets for Jan – Dec 2018US$ MillionTable 1.2Other key Macroeconomic Data for Jan – June (Half year reports)US$ MillionsTable 1.3Source: Bank of Guyana Statistical AbstractHaving said that, in June 2017, another series of articles were written on the economic impacts of the closure of the sugar estates where again – this analyst had argued that sugar is one of the largest export earning commodity for the country. Export earnings from sugar in 2013 amounted US$114.2 million and in 2015 was recorded at US$81 million. Therefore, by reducing the level of sugar production thereby reducing export of sugar, the obvious consequence is that foreign currency inflow will be reduced drastically, which will eventually deplete the country’s foreign reserves, the exchange rate will depreciate as there will be a shortage of foreign currency, the local currency’s value will deteriorate. Further, with a depletion of foreign assets or foreign currency, the country will not have the ability to import foreign goods. Think of all the commodities and consumable items, luxury goods which we currently enjoy, importation of such goods will be constrained. Sadly, this is what the future of the country will be like, given the destructive policies in this respect and the direction policymakers are seemingly heading in regards to the touted actions they are seriously considering to pursue with the Guyana Sugar Corporation.Fast forward now to 2019, it is unfortunate to say the least that these predictions of two years ago have now manifested. (The analysis of the data presented today will be continued next week).last_img read more