“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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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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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?
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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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?
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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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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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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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 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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