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Category: Economy

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Opinion Ben Cooke: The Times in London

Opinion Ben Cooke: The Times in London

“Environmentalists aren’t famously keen on capitalism. Given that its rise has coincided with a two-thirds decline in wildlife worldwide, it’s not hard to see why.  Many conclude that if capitalism got us into these dire ecological straits, it has little chance of getting us out. Akshat Rathi cautions against that conclusion: we’ve left it so…
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Lack of financing poses greatest risk to Guyana’s local content development efforts, warns energy expert

Lack of financing poses greatest risk to Guyana’s local content development efforts, warns energy expert

Guyana faces a critical obstacle hindering the participation of local businesses in the country’s local content development initiatives – the challenge of accessing crucial financing. This issue threatens to undermine the entire local content effort vital for the nation’s economic growth, as highlighted by energy expert David Goldwyn, renowned for his experience in the U.S.…
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Javier Milei’s radical policies win over weary Argentines

He is a self-proclaimed “anarcho-capitalist” and in a run-off, the people have entrusted this political firebrand to shake the country out of economic malaise. Will he deliver?

Javier Milei

In Argentina, Javier Milei faces a massive economic crisis

To an American audience, Argentina’s election may seem uncannily familiar. A political outsider with bouffant hair and a history of outrageous remarks promises to make the country “great again”, and is written off by the liberal elite before winning the presidential poll with a large backing of the population, many of whom feel left behind.…
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Argentina’s economy

Why is Argentina’s economy such a mess?

Rampant inflation, a booming black market for US dollars and crippling debt – welcome to Argentina, one of the world’s most dysfunctional economies. How did it end up like this?

Argentina Could Have Been a Superpower. Now, It’s Falling Apart.

100 years ago, Argentina was one of the wealthiest places on the planet. But then something went wrong and Argentina started a long economic downfall that has been getting worse, worse and worse ever since. But how does a country go from a future superpower to one of the most messed up economies in the…
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Suriname-Guyana Basin ranked 2nd most prospective in the world for oil

THE EARLY EXPLORATION Amsterdam, nov 2023– Onshore exploration. In both Suriname and Guyana, oil seeps were known from the 1800s, into the 1900s. Exploration in Suriname discovered oil at a 160 m depth while drilling for water in a schoolyard in Calcutta Village. The onshore Tambaredjo oil field (15-17 oAPI oil) was discovered in 1968. First oil began in…
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Why Suriname may and could matter

Why Suriname may and could matter

eyesonsuriname Amsterdam, 15 nov 2023– according to the United States Geological Survey, an estimated 13.6 billion barrels of oil and 32 trillion cubic feet of natural gas could lie in the Guyana-Suriname Basin, making it the 2nd most prospective, underexplored offshore oil basins in the world.  Experts have long suspected that the basin may share a similar…
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A parliamentary delegation from Canada arrived in Guyana commencing a five-day visit aimed at fortifying the diplomatic relations

Canadian parliamentarians arrive in Guyana for high-level talks

eyesonbrasil / oilnow A four-member parliamentary delegation from Canada arrived in Guyana on November 14, commencing a five-day visit aimed at fortifying and deepening the diplomatic relations between the two nations. The visit was facilitated through the Commonwealth Parliamentary Association (CPA).  Led by prominent Canadian parliamentarians, the delegation comprises Alexandra Mendès, Assistant Deputy Speaker, and…
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Fitch Upgrades Suriname’s LT-FC IDR to ‘CC’

Fitch Ratings – New York – 16 Jul 2020: Fitch Ratings has upgraded Suriname’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CC’ from ‘RD’. Fitch has also upgraded the issue rating on Suriname’s 2023 notes to ‘CC’ from ‘D’. KEY RATING DRIVERS The upgrades follow the completion of the “consent solicitation” to reschedule the principal…
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