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Items tagged with: investments
Tag was last used: Jun 13, 2009
 
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TIG Blogs
Posted By:  zephyr
Posted On:  Jun 13, 2009

  Caribbean region still grappling with HIV and AIDS

GREATER GEORGETOWN, Guyana - “After 25 years of grappling with HIV and AIDS, there is yet no cure. Notwithstanding the copious declarations and pronouncements, behaviour modification is slow to take root and stigma and discrimination persist.” This was starkly put by the Hon. Karl Hood,...... [view]

Posted By:  zephyr
Posted On:  Apr 20, 2009

  The Secret Summit

Reflections of Fidel (Taken from CubaDebate) WHILE neither represented at nor excommunicated from the Port of Spain Summit we were able to find out what has been discussed there up until today. We were led to fully expect that the meeting would not be private, but the stage...... [view]

Posted By:  zephyr
Posted On:  Apr 5, 2009

  Guyana government to bear cost if efforts to recover Bahamas investments fail, says president

GEORGETOWN, Guyana: President Bharrat Jagdeo says the Guyana government may phase an allocation of US$34 million over a ten-year period to be borne by the treasury should the monies invested by CLICO Guyana in CLICO Bahamas not be recovered, further bolstering the guarantee he made to...... [view]

Posted By:  zephyr
Posted On:  Mar 20, 2009

  Reducing CLICO staff seeks to conserve needed cash, says Guyana Commissioner of Insurance

GEORGETOWN, Guyana (GINA): In an invited comment Thursday in response to media reports that CLICO Guyana workers have been sent home and the Lamaha Street offices of the company has been closed, Commissioner of Insurance and Judicial Manager of CLICO Guyana, Maria van Beek, stressed that the...... [view]

Posted By:  zephyr
Posted On:  Mar 17, 2009

  Guyana gives PM CLICO documents

By CANDIA DAMES, Guardian News Editor - candia@nasguard.com: Guyanese President Bharrat Jagdeo has turned over documents to Prime Minister Hubert Ingraham he believes support his claim that CLICO Guyana has $34 million invested in CLICO Bahamas, Ingraham confirmed yesterday. The...... [view]

Posted By:  zephyr
Posted On:  Mar 16, 2009

  Guyana goes after CLICO Bahamas

By CANDIA DAMES, Guardian News Editor - candia@nasguard.com: As creditors of CLICO Bahamas line up to collect debts owed by the beleaguered insurance firm, authorities in Guyana have assembled a legal team of Bahamian and Guyanese attorneys charged with recovering what the country...... [view]

Posted By:  zephyr
Posted On:  Mar 15, 2009

  More news on the agonies of capitalism

Reflections of Fidel: TODAY I read the cables from March 11th. Information is continuing to rain down on the international economic crisis. This time, it was Joseph Stiglitz, the well known economist and recipient of the Nobel Prize in Economic Sciences speaking; the press and academia...... [view]

Posted By:  zephyr
Posted On:  Mar 14, 2009

  Judicial manager says CLICO-Guyana review will take another month

GEORGETOWN, Guyana: The Commissioner of Insurance in Guyana, Maria van Beek, said that the probe into the financial status of the CLICO (Guyana) insurance firm, hit by problems with its Trinidad-based parent company, will take about another four weeks but advised clients whose policies are still...... [view]

Posted By:  zephyr
Posted On:  Mar 12, 2009

  More Questions Than Answers In CLICO Failure

By CANDIA DAMES, Guardian News Editor - candia@nasguard.com: The CLICO debacle has ensnared a wide range of countries across the region and has raised questions about whether regulators' early warning systems failed to detect the disastrous decision making that triggered a multi-nation...... [view]

Posted By:  zephyr
Posted On:  Mar 9, 2009

  CLICO fears shared by entire Caribbean

GEORGETOWN, Guyana (GINA): On March 5, the shares of the great Citigroup, once one of the largest banks and companies in world, traded for only 97 US cents on the New York Stock Exchange. Unfortunately, this is not a unique situation. It has been repeated with many other financial institutions...... [view]

Posted By:  zephyr
Posted On:  Dec 17, 2008

  The unjustifiable destruction of the environment

Reflections Of Fidel: CAN capitalist society avoid it? News about the issue is not encouraging. In Poznan, they are discussing the project to be presented in December of next year in Copenhagen, where the agreement that will replace the Kyoto Protocol will be discussed and voted on. The...... [view]

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