CHANGING OF THE GUARD


Last week the 27 year old Anthony Joshua dethroned 41 year old Wladimir Klitschko, the reigning world heavyweight boxing champion for the past 15 years.  In the history of heavyweight boxing, Klitschko is one of the all-time greats. He would dominate a fight with sharp and powerful left jabs, keeping his opponent at bay, until he is able to land devastating right hooks or right crosses, sometimes in combinations, with lightning speed. Up until the fight, Joshua was merely a promising newcomer.

The fight began with Joshua taking away the offensive capability from Klitschko by himself utilizing the left jab repeatedly. Klitschko looked uncertain, retreating, his reflexes less than sharp, which were not good signs. The fight was close for much of the time, with Joshua falling to a right in the sixth round but weathering the storm. Thereafter it appeared that Klitschko was looking for an opportunity to land another right and gave up trying to win by scoring boxing points. This was a fatal mistake. It reduced his attention to his defence. The age difference showed and Klitschko’s stamina gave way. Starting with a vicious uppercut in the eleventh round through Klitschko’s open arms looking for that elusive right hook, rather than being in a defensive posture, Joshua delivered a flurry of punches from which Klitschko could not recover.

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GUYANA’S FUTURE AS AN OIL PRODUCER


The official information is that Guyana’s petroleum deposits are estimated to be equivalent to 800 million to 1.4 billion barrels of oil from the results of two wells. Many more wells are expected to be drilled by Exxon in the future and no one knows how much more oil, if any, would be discovered. The US Geological Surveys has long estimated that Guyana’s offshore reserves are between 15 and 30 billion barrels.

With increasing exploration activities, if anything close to the lower figure of 15 billion barrels are discovered, for most Guyanese the future would be beyond contemplation. With reserves of only between 800 million and 1.4 billion barrels, poverty would be eliminated in a short period and Guyana per capita income of US$3,600 would rise rapidly.

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MORAY HOUSE HEADLINES WALES ESTATE CLOSURE


The announcement by the Government that the Wales Sugar Estate would be closed at the end of 2016 was the subject of a symposium at Moray House at Camp and Quamina Streets, the former home of the late David de Caires, the founding editor of Stabroek News. In opening the event, the Chair of Moray House Trust, Isabelle de Caires, noting the controversial nature of the issue and the passions it has generated in the midst of a general strike in the sugar industry, declared that it was not a political event but a debate with panelists and contributors being free to express whatever views they wished. Ms. de Caires pointed out that while some may wish to construe an organised public event on an important national issue as being politically motivated, silence could also be construed as a political statement.

The panelists were Jai Petam, who until a year ago served the sugar industry for 35 years, including in senior management positions generally and at Wales Estate over the past 18 years; Derrick Venture, of La Retraite/Stanleytown Cane Farmers Association for the past 35 years; Mark Khan, who has worked at Wales Estate for the past 30 years and is the plant foreman; Christopher Ram, accountant and lawyer and President of the Guyana Bar Association; Vicram Oditt, businessman and former Chair of the Board of Directors from 1993 to 2003. Guysuco declined participation but Mr. Tony Vieira, a member of the Board of Directors of Guysuco was present but in his personal capacity. And while the Government also did not participate, the Minister of Business, Mr. Dominic Gaskin, was present throughout the meeting. I am sure that these gestures were appreciated by members of the audience, including those from Wales. No doubt those who are passionately urging the Government to pause and reconsider are hoping that the Government is not only listening, but will also hear.

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