The pacu is a fish related to the pirhana. The sweet water pacu has fearsome, human-like, teeth. However, unlike the pirhana, it feeds principally on nuts, fruit, insects and small fish. Its love for ‘nuts’ is not related to its rumoured taste for men’s testicles. It appears that this rumour is not true. The salt […]
Category Archives: Economy
PUBLIC RAGE
Public rage in Georgetown continues to grow and expand as last Thursday’s massive demonstration shows, even as the Government has finally been forced to intervene in the parking meter fiasco. But it is too little too late. Boat gone a’ fall. The demand is now for the rescinding of the flawed agreement between the City […]
OIL AND SOME OF ITS CONSEQUENCES
Three of the four dailies on Friday headlined the second oil find by ExxonMobil at a well called Payara-1. Past predictions about the presence of petroleum deposits in off-shore Guyana were confirmed when ExxonMobil’s announced its world class discovery, the largest for 2016, at its Liza well. If the Payara-1 turns out to be large, […]
FALTERING BETWEEN A ROCK AND A HARD PLACE
Guyana’s economy is declining. The growth rate fell this year and the projection for next year is modest. This means that the income of the Government has declined significantly and so has its ability to spend. Public expenditure is one of the two main props that keeps the economy ticking over and sustains employment, income […]
GO HIGH, MR. PRESIDENT
The President’s address to the National Assembly was disappointing. The expectation was that he would use the occasion to announce the Government’s legislative agenda wrapped around policy initiatives for the next parliamentary year. There was a modicum of this. But on the whole it was a political speech, long on political partisanship and short on […]