THE $20 BILLION QUESTION FOR GUYANA


On Friday last the New York Times published “The $20 Billion Question for Guyana.” It was a lengthy review of Guyana and the impact that the oil discovery by Exxon and its partners in offshore Guyana is likely to have. Two recent articles by the Wall Street Journal and Foreign Affairs, of world-wide reputation, like the New York Times (NYT), were published and reprinted in Guyana. Few Guyanese would recognize the description of Georgetown by one of them as ‘sleepy’ or by the NYT as a ‘musty clapboard town…which seems forgotten by time.’ Notwithstanding these unflattering first impressions of Georgetown by foreign journalists, the articles helped to highlight, not only the amount of financial resources that will become available to Guyana, but how those resources can be used or misused.

Guyana is described as an unlikely setting for the next oil boom. It is ‘one of the poorest countries in South America can become one of the wealthiest.’ The NYT article said that all the talk in Georgetown is about a sovereign wealth fund to manage the money. It underlined Minister Raphael Trotman’s comment, perhaps speaking hyperbolically, if he indeed said so, that we have been given a chance to get things right because ‘the Chinese cut down our forests and dug out our gold and we never got a cent…we could end up with the same experience with ExxonMobil.’ Whatever the dangers, Rystad Energy is quoted as predicting that Guyana will get $6 Billion by the end of the 2020s. But this is a modest estimate with a production of eventually 500,000 barrels a day. Doug McGhee, Exxon Operations Manager, predicted better social services and infrastructure, ‘if the government manages the resources right.’

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WHAT’S WITH TRUMP?


President of the United States, Donald Trump, and First Lady Melania Trump, paid an official visit to the UK on Thursday and Friday last week. The initial invitation by Prime Minister Theresa May was for a state visit, which involved pomp and ceremony. But after it became clear that Trump would be greeted with widespread public hostility, the invitation was downgraded to an official visit. Still, President Trump and First Lady Melania Trump were honoured with military parades, a lavish dinner and tea with the Queen, and greeted with widespread protests all over the UK.

One form of protest was the raising of a gigantic balloon of a baby resembling Trump, in diapers. The theory of the protestors is that normal criticism does not bother Trump and he reacts to it with abuse and insults. But ridiculing him is said to jar his gargantuan ego and is believed to be highly effective. The video of the Trump Baby Blimp can be viewed here: https://www.theguardian.com/global/video/2018/jul/13/the-moment-trump-baby-blimp-lifts-off-video

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CHARLES RAMSON (JR) DECLARES FOR PPP PRESIDENTIAL CANDIDATE


Charles Ramson (Jr) recently announced that he would seek the PPP’s nomination to be its presidential candidate for the 2020 general elections. That’s not the way it’s done, admonished General Secretary Bharrat Jagdeo. At the appropriate time the party will have a discussion on the matter and the candidate will emerge, he explained.

Ramson’s announcement was made immediately after the CCJ ruled that the two-term presidential limit did not violate Guyana’s constitution, thereby ruling out former president Mr. Bharrat Jagdeo for a third term, for which the PPP would have nominated him. Mr. Ramson clearly wanted his name to be placed among those under consideration before an anointment is made. He joins (in alphabetical order), Irfaan Ali, Frank Anthony and Anil Nandlall who have been identified by observers as being the persons from whom a ‘choice’ will be made. While no one has yet emerged as a ‘front runner,’ it could well be that one among the three has already been identified. If this is so then Ramson’s may possibly have been seen as an intruder, prematurely disrupting what might have been a carefully orchestrated selection process.

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DEMOCRACY AND JUSTICE PREVAIL NOW FOR THE THIRD PARTY


During the lifetimes of Cheddi Jagan and Janet Jagan, the PPP twice, unanimously, decided to support a two-term presidential limit. A PPP delegation in 1995/6 proposed to the Parliamentary Select Committee on Constitutional Reform that the constitution should be amended to provide for a two-term presidential limit. In 1999/2000, the same representation was made by the PPP to the Constitution Reform Commission. These public proposals reflected those unanimous decisions.

During the Ramotar presidency, Attorney General Anil Nandlall opposed the application by Richardson to deem as unconstitutional the amendment to the constitution that limited the presidential terms to two. Before Mr. Ramotar became president, he had publicly opposed the call for scrapping the two-term limit. He has welcomed the decision of the Caribbean Court of Justice (CCJ).

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RACE AND POLITICS


The Leader of the Opposition, Mr. Bharrat Jagdeo, issued an invitation to President Granger to debate race, in the context of which political party in government has done more for African Guyanese. The immediate issue was the rejection by the casting vote of the Chairman of the Elections Commission of Vishnu Persaud as Deputy Chief Elections Officer, which the Leader of the Opposition described as ‘unfair.’ The issue spawned accusations and counter accusations of racial discrimination.

The KN reported on Mr’ Jagdeo’s challenge as follows: “I am prepared to debate race relations and which party has contributed to worsening race relations in Guyana. I can talk to him (President Granger) about this fallacy and the myth that they keep perpetuating that they have done more for Afro-Guyanese than the PPP…” He stated that he is prepared to match the record of the People’s National Congress between 1964 and 1992, and then from 2015 to present as against the PPP’s 23 years in office… According to Jagdeo, the debate can be on several grounds, including employment practices, access to wealth, land and businesses… “I am sure that you will see a pattern with Afro-Guyanese having fared better in that period under the PPP than ever under the PNC rule. I am prepared to debate that openly.”

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